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Managing apartment buildings means juggling leasing, maintenance, accounting, resident communication, owner relations, and countless other tasks. To tackle all of this while maintaining a consistently high level of service, you’ll need apartment propertymanagementsoftware. It just needs to do the right things well.
Weve outlined key features that can help independent landlords become more organized and tackle propertymanagement tasks more efficiently. Fortunately, you dont have to take that risk if you invest in purpose-built propertymanagementsoftware. At a minimum, youll want to be able to track income and expenses.
If youre a landlord with just one or small portfolio of properties, managing your investment can quickly dominate your time. The good news is that theres specialized software out there designed to help simplify many aspects of propertymanagement. This helps you spot and fix issues quickly.
Propertymanagers are under pressure to do more with lessfrom labor shortages to rising costs. What Is AI in PropertyManagement? In propertymanagement, these abilities are used to optimize workflows that would otherwise take longer. If you automate too much, you could end up losing business.
Propertymanagement involves balancing repetitive tasks with high-quality, personalized service. This post details the most valuable propertymanagement tasks to automate. Automate access control by adopting smart locks, mobile credentials, biometric scans, or key cards integrated with cloud management platforms.
With property costs rising in an uncertain rental market, you might think growing your propertymanagement business is out of the cards. Propertymanagers are getting creative—including rethinking fees and leaning on tech to do more. But you’d be wrong. We’ll look at all six of these strategies in this post.
Why Apartment Maintenance ManagementSoftware Matters Apartment maintenance managementsoftware tackles these issues by digitizing and automating maintenance workflows. Propertymanagers can track requests in real time, assign and schedule tasks effectively, and communicate clearly with tenants and vendors.
This guide dives deep into the realities and opportunities of proptech for propertymanagers ready to move beyond basics. Well explore how proptech reshapes workflows, decision-making, tenant engagement, and portfolio management. This transformation demands propertymanagers move from gut feeling to evidence-based decisions.
The propertymanagement industry has changed a lot in recent years. Today, automation stands out as one of the best tools residential propertymanagers can use to improve their operations and enhance residents’ experiences. Automated rent payment systems simplify this process for managers and residents.
As a residential propertymanager, you have a front-row seat to one of the best opportunities for building wealth: owning rental properties. Every day, you help property owners grow their assetsso why not start doing the same for yourself? Why Transition to Rental Property Investment?
Growing a propertymanagement company traditionally means building a strong local reputation, gradually attracting new clients, and expanding door count over time. Many propertymanagers today are choosing another way to grow: acquiring other propertymanagement companies. Define your objectives clearly.
Propertymanagement has changed fast. Managing rentals used to mean phone tag, hopping from location to location, and endless coordination. And propertymanagers need tools that help them keep up without burning out. Today, tenants expect instant responses. Owners want real-time updates. Messages got lost.
In today’s fast-paced real estate landscape, propertymanagers are expected to juggle a growing number of responsibilities—everything from tenant communications and maintenance coordination to financial reporting and marketing. Enhance Tenant and Owner Communication Clear, timely communication is essential in propertymanagement.
Over time, staying on top of maintenance metrics leads to properties with fewer surprises, more satisfied tenants, better relationships with vendors, and a stronger bottom line. The higher the ratio, the better you’re maintaining your properties, the longer they’ll last, and the fewer costly emergencies you’ll face.
As the propertymanagement industry continues to evolve, so does the technology that supports it. One prime example of this change is the increasing variety of propertymanagement leasing software that promises to speed up the leasing process and reduce your workload in the process.
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If you run a propertymanagement business in 2025, you already know that manual processes simply can’t keep up with the level of responsiveness, accuracy, and oversight that job demands. That’s where propertymanagement automation tools come in. Once you’re ready, dig into specific software in our follow up post here.
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As a propertymanager, leasing is always a top priorityafter all, without tenants, theres no income. But a successful propertymanagement strategy goes beyond filling vacancies. This means balancing leasing with maintenance, tenant relations, financial management, and legal compliance.
In a post-pandemic, tech-enabled world, the term virtual propertymanagement company has moved from experimental concept to a proven business model. What Is a Virtual PropertyManagement Company? Others are solo operators managing a tight, streamlined portfolio from anywhere with Wi-Fi.
read Download Buildium’s 2020 State of the PropertyManagement Industry Report Download Today --> Get the latest industry insights. --> MktoForms2.whenReady(function Monthly propertymanagement resources will be delivered to your inbox! --> Published on June 12, 2025 TABLE OF CONTENTS What Is a PropertyManagement Maintenance App?
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Operating Expenses Operating expenses are the costs of maintaining and managing your rental property. These include: Advertising for tenants Propertymanagement fees Repairs and maintenance Utilities (if paid by the landlord) Insurance premiums These expenses can be subtracted from your rental income, reducing your taxable income.
To get more residents through the door, some propertymanagers offer security deposit alternatives. They’re designed to ease the financial burden on renters while still offering protection for propertymanagers in case of damage or missed rent. But today, that upfront cost can be out of reach for many renters.
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Running a successful apartment management business means keeping many moving parts in sync—from resident communication and inspections to task delegation and vendor coordination. As technology continues to reshape the propertymanagement landscape, choosing the right apartment management app can give you more control over daily operations.
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read Download Buildium’s 2020 State of the PropertyManagement Industry Report Download Today --> Get the latest industry insights. --> MktoForms2.whenReady(function To keep up, landlords and propertymanagers are turning to software that helps them automate tasks, stay organized, and grow their businesses.
Since one of the core responsibilities of a propertymanager is to manage an owner’s assets, income, and expenses, youre constantly dealing with accounting whether you like it or not. Theres a lot of liability to bad accounting, especially for a propertymanagement company, says Brandon Hall, The Real Estate CPA.
Several options are available, such as dedicated propertymanagementsoftware, third-party payment services (e.g., How much value are you getting from the service / software and will you also have to invest time and money in other types of tools to run related propertymanagement tasks?
As your propertymanagement company grows, your maintenance game has to level up, too. Thats what process solutions consultant Kelli Segretto of K Segretto Consulting told us based on her 20+ years of experience within multifamily, single-family, and LIHTC propertymanagement. Watch out for these common pitfalls: 1.
This detailed guide covers everything residential propertymanagers need to know about apartment management certification. Below are some well-known apartment management certifications. For an overview of the broader propertymanagement certifications out there, check out this video: 1.
Further Reading 28 Marketing Strategies for PropertyManagement Companies Lease ManagementSoftware Playbook Tenant Communication and Retention for Apartment Management Tenant satisfaction stems from timely communication and follow through. Invest in people who share your standards.
Make sure your listing is detailed with descriptions, clear pricing, and essential property features. Pro Tip: Propertymanagementsoftware can help you create better listings in less time and syndicate them across top listing sites in just a few clicks. Read More: S ocial Media Marketing for PropertyManagers 3.
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billion in 2025, the need for efficient propertymanagement has never been more important. Not all rental software is the right choice for everyone. Vacation rental software is essential for efficiency and growth. The best vacation rental software can andle bookings, calendars, and even communication with guests.
We sat down with propertymanagement and process solutions consultant Kelli Segretto of K Segretto Consulting to tap into her 20+ years of experience within multifamily, single family, and LIHTC propertymanagement. Start by documenting how youre currently handling property maintenance. 5,000) or duration (e.g.,
What Is a PropertyManagement System? By The Hospitable Team Beginner's Guides , OTAs Running a short-term rental business means juggling many tasks: managing bookings and cancellations across different platforms, communicating with guests, optimizing prices , coordinating turnover cleanings , and delivering memorable experiences.
Whether youre just getting started as a propertymanager or youve decided to add a few new outdoor maintenance services to your roster, heres your guide on how to make it happen in a way that makes sense for both you and your tenants. Many propertymanagers pass these expenses to tenantsturning routine upkeep into a revenue stream.
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