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5 security deposit alternatives to reduce vacancies and attract tenants

Buildium

You’ll also likely have to have a separate agreement on file outlining your relationship with the third-party provider, as well as the tenants. In this case, the tenant will pay an upfront deposit on the bond, typically 17.5% It’s important to make sure any alternative program you choose complies with your state and local regulations.

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8 practical use cases for AI in property management that you can try today

Buildium

For example, property managers can now use natural-language processing chatbots to resolve common tenant issues, machine learning algorithms to predict maintenance issues, and computer vision to offer virtual tours to rental applicants. Enhanced Tenant Experience: Unlike human customer support agents, AI chatbots never get tired.

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Outdoor maintenance services that pay off—For you, your tenants, and your properties

Buildium

Whether youre just getting started as a property manager 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. Then, compare the cost of hiring a professional versus taking a DIY approach over time.

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Maximize your rental business with small landlord property management software

Buildium

Residential rental property landlords have a lot to gain from these advanced tools, from easier tenant management to more accurate, less time-consuming accounting. Manual tracking of rent payments, maintenance requests, and tenant communications can be time-consuming and prone to errors. This helps you spot and fix issues quickly.

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3 companies turning rental property maintenance on its head—and how to start benefiting from them

Buildium

Delays and unresolved issues can frustrate tenants, drive up turnover, and chip away at your bottom line. Work order forwarding: Any maintenance issues that can’t be resolved by the tenant are automatically forwarded to your team members for review. They will be prompted to assign a vendor to the job.

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How property management automation helps you take tenant and owner engagement to a new level

Buildium

When used strategically, automation can streamline communication, improve response times, and create a better experienceultimately helping you build stronger relationships with tenants and owners. Adding the right automated tools to your tech stack also helps you improve the experience for owners and tenants.

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Choosing apartment property management software: Features, evaluating your options, and implementation tips

Buildium

Specialized Tools Some software tools focus on one specific task—like collecting rent, scheduling maintenance, or screening tenants. Online Rent Collection Tenants want convenient ways to pay rent. Bonus points if the system supports message templates, scheduled announcements, and communication history tied to each tenant or unit.