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

Buildium

Lease Management Automation Managing leases and lease renewals can be challenging, especially as your portfolio grows. If youre not careful, these documents can turn into mounds of disorganized paperwork. Fortunately, AI can read and extract critical information from leases for you in seconds.

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The Ultimate Move-In Checklist for Property Managers

Buildium

A move-in checklist documents the steps that should be taken before a new tenant moves into the property. The tenant can refer to their move-in checklist to document damage to the unit made before they moved in, so they are protected from unnecessary charges. What Is a Move-In Checklist?

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Here’s How to Get Rid of Cockroaches in an Apartment Building

Bay Property Management Group

Needless to say, you’re probably wondering: How do I deal with cockroaches in a rental unit? When you do so, be sure to document everything with photos and written correspondences. Schedule regular pest inspections, respond quickly to issues, and make sure your lease outlines who handles what. The safest route?

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How property managers can expand their business by acquiring other property management companies

Buildium

When you acquire another company, you can quickly add new rental units under management, enter new markets, and broaden the types of properties you oversee. Legal and Compliance Review Bring in a legal expert familiar with property management to review contracts, lease agreements, vendor obligations, and any pending disputes.

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Understanding Fair Notice Periods: A Landlord's Guide to Smooth Evictions

Property Management Inc.

Lease agreements typically outline specific rules, but local housing laws often fill in the gaps. Some properties require a 60-day notice, as specified in state-specific agreements. Preparing for the Eviction Process The Eviction Process The eviction process begins with thoroughly documenting the tenant's violations.

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How to Draft a Professional Eviction Notice: Essential Steps and Tips

Property Management Inc.

An eviction notice is a formal document that informs tenants they must vacate the rental property by a specific date. It’s the first step in the formal eviction process and serves as a formal eviction notice or a written notice of the landlord’s intent to terminate the lease agreement.

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Understanding Colorado Springs Rental Laws

Muldoon Associates

It’s important that these things are reflected in your lease agreement. The rent will have to stay the same throughout the term of the lease. As the lease renews, you can raise the rent, but make sure you’re paying attention to that 60-day notice requirement. Does your lease give you 60 days?