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Maintaining a rental property is not just about fixing issues as they arise, but it is also about proactive care to preserve value and maximize profitability. Regular upkeep prevents costly repairs, keeps residents satisfied, and ensures compliance with safety regulations. At BFPM, our experience with diverse maintenance challenges has shown that a structured approach makes property management smoother.
Safety is one of the top priorities for property managers overseeing multifamily communities. Residents and staff alike want to feel secure in their environment, making safety discussions an essential part of effective property management. Well-planned safety meetings are a proactive way to address concerns and build stronger connections within your community.
In todays competitive short-term rental market, standing out is more important than ever. Travellers are no longer just looking for a place to sleep; they want memorable experiences. This shift in demand has made unique vacation rentals a hot trend and offers hosts a chance to increase their profits. Benefits of Hosting Unique Stays Investing in a unique vacation rental can set you apart from the competition and bring in long-term success.
Tax season is upon us, and understanding real estate taxes for landlords, investors, and property managers is essential. As with any business, taxes can play a big role in your long-term ROI. Understanding taxes, from 1099s to rental deductions and everything in between, is key to get the most out of your real estate business. […] The post Real Estate Taxes 101 | Roundup for Investors, Landlords, and Property Managers appeared first on Rentec Direct Blog.
Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering
The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling
Managing rental properties can often feel like a full-time job. From tenant screening and legal compliance to property maintenance, the demands on landlords can quickly pile up and become overwhelming. This guide explores how partnering with residential management services can save time, improve tenant satisfaction, and help you get the most out of your rental property investments.
Welcome to our Quarterly Product newsletter, where we bring you the latest ADDA product updates, and new releases in the product over the last quarter. We hope these features will surely enhance your community management experience. Lets dive into it. 1. Introducing Community Forms on ADDA Resident Portal! Access all essential forms anytime, anywhere, without visiting the Association office.
Welcome to our Quarterly Product newsletter, where we bring you the latest ADDA product updates, and new releases in the product over the last quarter. We hope these features will surely enhance your community management experience. Lets dive into it. 1. Introducing Community Forms on ADDA Resident Portal! Access all essential forms anytime, anywhere, without visiting the Association office.
As a property owner, your investment is a business, and understanding your returns is essential. One key metric to track is your vacancy ratebut how do you calculate it, and what is a good vacancy rate? More importantly, what factors influence it, and how can you avoid common mistakes that many landlords make? In this guide, well break down how to calculate a vacancy rate, why it matters, and what you can do to keep it low.
The short-term rental market is booming. With travel demand soaring and the desire for unique stays growing, its no surprise that hosting on platforms like Airbnb has become a successful endeavor for many. But heres the thing Airbnb isnt your only option. Theres a world of Airbnb alternatives out there, each catering to different audiences and offering special features.
With PropTech continually evolving to deliver value to the property management industry, Rent Manager is keeping pace by adding top-tier solutions to our Integrations Program. With close to 200 integrated providers to choose from, Rent Manager delivers one of the most diverse platforms in the industry. Since our last Integrations Periodical, weve added six new […] The post Rent Manager Integrations Periodical February 2025 appeared first on Rent Manager Property Management Software.
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Is your HOA not giving financial records? Homeowners shell out association dues and assessment fees to help invest in and enhance the community. With the amount of money they contribute, they may wonder if their pay is put to good use. Understanding Homeowners’ Rights Part of managing a community is transparency, and a homeowner in your community has the right to it.
You ever notice how two coffee shops can serve the same drinks, but one just feels better? The vibe, the layout, the way everything flows it all adds up. Your apartment website works the same way. Two properties might offer similar perks, but the way you present them? That's the game-changer. Here's the deal: If your website isn't easy, clear, an.
Undoubtedly, artificial intelligence is the defining technology of our time. Now, its made its way into the realm of document authentication and fraud detection in property management. As part of an effort to bolster our screening solutions, Yardi partnered with Snappt to introduce our new ScreeningWorks Pro Document Authentication solution for Yardi Breeze and Yardi Breeze Premier clients.
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Chris Barbin, CEO & Founder, Tercera. After an unpredictable year marked by macroeconomic volatility and the meteoric rise of generative AI, the technology industry stands at a crucial inflection point.
In the competitive multifamily market, services and amenities serve as critical differentiators for retaining residents and attracting prospects. While these components can generate significant revenue, failing to meet expectations or communicate their true value to the living experience can have a detrimental effect. Residents can start to v.
In my experience working with mid-market businesses over the last 15 years, the very best-performing businesses also have strong corporate governance in place.
Mobile Inspection and Maintenance Platforms Incorporate New Requirements Into Native Workflow California Assembly Bill No. 2801, approved by Governor Gavin Newsom in September of last year, places a microscope on claims against renters' security deposits. The law increases the demands on rental housing operators attempting to deduct the expen.
Being a consistent and trustworthy leader can help you build a stronger team and allow them to thrive, regardless of the challenges or obstacles you may face.
Its truewe regret scaling our real estate portfolios. Weve learned (the hard way) that less is often more, especially in todays market, where great deals arent as easy to find.
By openly addressing both the pros and cons, advisors can build trust and empower clients to make decisions that genuinely support their financial well-being.
Branding and SEO: A Powerful Duo Better branding and stronger SEO don't have to competethey can (and should) work together. Just like you wouldn't build a website without first establishing your brand identity, defining your brand's verbal identity before diving into SEO sets you up for long-term success. Think of it this way: Create the blueprint.
When managing buildings efficiently, the terms Building Automation Systems (BAS) and Building Management Systems (BMS) often arise. These systems are essential for controlling building operations, but their differences can confuse property managers and landlords. By understanding the nuances between building automation and energy management systems, you can make smarter decisions that save money, reduce energy usage, and improve tenant satisfaction.
The "Toxic" Excuse: Onsite Edition Let's talk about "toxic." Specifically, the overuse of the word "toxic" within the context of onsite apartment management and leasing. It's become a catch-all phrase, a verbal shield against any and all workplace stressors. Someone disagrees with you? Toxic. Your boss gives you constructive criticism?
Undoubtedly, artificial intelligence is the defining technology of our time. Now, its made its way into the realm of document authentication and fraud detection in property management. As part of an effort to bolster our screening solutions, Yardi partnered with Snappt to introduce our new ScreeningWorks Pro Document Authentication solution for Yardi Breeze and Yardi Breeze Premier clients.
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