May, 2025

article thumbnail

Property management accounting essentials: 6 must-have software features

Buildium

Good property management accounting software can be a powerful tool in the success of your property management business. In fact, with the days of ledger and spreadsheet accounting fast fading, its virtually impossible to run a growing portfolio without it. General accounting software simply won’t cut it (more on why, here ). For one, spreadsheets don’t scale.

article thumbnail

Common HOA Voting Rules You Need to Understand 

Condo Control

HOA communities are governed by regulations that are legally binding; even pertaining to the process of how voting in the community is done. So, while casting a vote might appear to be one simple act, there is a series of HOA voting rules that must be adhered to. Table of contents Which HOA governing documents address voting rules? When is casting a vote necessary?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Fair Housing Applies to Maintenance Too

American Apartment Owners Association

When the Fair Housing Act (FHA) comes up, the conversation typically centers around leasing, advertising, or resident interactions. But an often-overlooked aspect is how maintenance services, including unit repairs, are handled. While the FHA doesnt directly reference repairs or maintenance, it clearly prohibits discrimination in the delivery of housing-related services.

article thumbnail

Loft vs. Apartment: A Guide for Renters

Bay Property Management Group

When it comes to finding the right rental, its not always a one-size-fits-all situation. Some people love wide-open spaces and tall ceilings, while others just want a cozy home with a door they can shut at the end of the day. If youve been trying to decide between a loft vs. apartment, this guide is for you. Well break down what makes each option unique from layout and storage to lifestyle and budget so you can figure out what actually works for you.

Apartment 130
article thumbnail

Welcome to the Future of Hospitality: Smart Rooms Start Here

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

article thumbnail

Email Marketing Made Easy for Property Managers

Fourandhalf

Email marketing is one of the most powerful and cost-effective tools available to property managers looking to grow their business, nurture client relationships, and streamline communication. Whether you’re reaching out to current tenants, engaging prospective property owners, or strengthening your connections with vendors, email marketing can help you build trust, increase retention, and generate leadsall while automating repetitive tasks to save time and improve efficiency.

More Trending

article thumbnail

12 proptech trends property managers should know in 2025

Buildium

The property management world changes quickly as technology moves forward. Keeping up means learning about the latest proptech trends shaping how we manage, lease, maintain properties, and engage tenants. For property managers who want to improve efficiency and tenant satisfaction, understanding whats trending in proptech makes a big difference. This post explores the newest and most exciting proptech trends for 2025 and beyond.

article thumbnail

How Fund Accounting Helps HOAs Stay Organized and Transparent

ADDA

Managing a homeowners association (HOA) involves more than just solving day-to-day community issues. Behind the scenes, one of the boards most important responsibilities is managing moneyand doing it in a way thats transparent, compliant, and future-focused. Thats where fund accounting comes in. If your HOA is still tracking all income and expenses under one general account, its time to rethink the approach.

Finance 130
article thumbnail

Smart Renovations That Boost Rental Value: Tech-Driven Upgrades for Modern Apartments

American Apartment Owners Association

Increasing the value of your home can be tricky, especially with so many new technologies hitting the market on a regular basis. The trends come and go, while tenants are becoming more demanding in terms of house appliances and smart technologies that should be installed inside your apartment. While you shouldn’t follow all possible tech trends and turn your apartment into a rental from the future, some upgrades might substantially boost the value of the place you own.

Apartment 189
article thumbnail

The 10 Features of a Great Property Management Company

Property Management Inc.

Managing rental properties often feels less like "passive income" and more like starring in an ongoing dramatic sitcom. There's the endless ding of tenant texts, maintenance emergencies at ungodly hours, and the never-ending chase for rent payments. The best property managers aren't just there to unclog sinks or play middleman; they bring strategic expertise to maximize your property's value and ensure smooth daily operations.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

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.

article thumbnail

Best simple lease agreement templates for residential properties

Yardi Breeze

Having trouble finding simple lease agreement templates you can trust? Youre not alone. The internet is full of free lease agreements, and theyre easy to find. But how can you be sure that a free lease agreement is legally compliant without hiring an attorney to review it? To help you out, this article will answer common questions about where property managers can find simple legal lease agreement templates.

article thumbnail

Revamp Your Retro Realm: How to Decorate an Outdated Kitchen & Add a Dose of Modern Edge

Apartment Guide

Stuck with a kitchen that screams yesterday? You’re not alone. Many renters, whether in an apartment in San Francisco or an apartment in Austin , face the challenge of how to decorate an outdated kitchen that clashes with their personal style. But don’t fret. You dont need a full-blown renovation to breathe new life into your space. With a bit of creativity and a few strategic touches, you can transform that retro realm into a kitchen youll actually enjoy spending time in.

article thumbnail

Everything you need to know about proptech: An advanced guide for property managers

Buildium

If youre managing rental units, commercial spaces, or mixed-use properties, a solid understanding of proptech and how to use digital tools effectively comes with the job description. You may have heard that proptech stands for property technology, covering digital tools transforming how properties operate, lease, and maintain themselves (for more on the basics, we recommend our post, “What is Proptech?

article thumbnail

Property Management Training Online: Your Path To Grow

BetterWho

Why Property Management Training Matters Whether you’re just starting a property management business or scaling fast, training is the key to consistent growth. But the good news? You dont have to spend thousands of dollars or get lost in YouTube rabbit holes. There are property management training resources available onlinemany of them freeand they can help you master the fundamentals, like NARPM Training Courses , sharpen your leadership, and grow your business with confidence.

article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

article thumbnail

Why Investment Property Owners Should Consider a Home Warranty

American Apartment Owners Association

Owning investment property can be both rewarding and challenging. From securing reliable tenants to ensuring consistent income, property owners must also contend with the inevitable wear and tear on appliances and systems. Amid these ongoing responsibilities, one tool that often gets overlooked is the home warranty. Though sometimes lumped into the category of optional coverage, a home warranty can offer strategic advantages to property investorswithout being merely a backup plan for emergencies

Property 113
article thumbnail

How Vacation Rental Automation Streamlines Property Management and Boosts Direct Bookings

Zeevou

Managing multiple short-term rental properties can quickly become overwhelming. From handling guest enquiries around the clock to coordinating cleanings, the workload multiplies with every new listing. Without streamlined processes, even the most experienced hosts can find themselves buried in repetitive tasks, leaving little time for strategic growth.

article thumbnail

What Does Equal Housing Opportunity Mean?

Bay Property Management Group

Ever seen the phrase Equal Housing Opportunity at the bottom of a housing ad and wondered what does equal housing opportunity mean? Its more than just a legal checkboxits a promise that everyone deserves a fair shot at housing, no matter who they are. But what exactly does that promise coverand what happens if its broken? Lets break it down and show why it matters to renters, landlords, and property professionals alike.

Landlord 130
article thumbnail

How to create an effective vacation rental marketing plan: 14 ways to stand out

Rentals United

Is your vacation rental marketing strategy missing something? Struggling to drive web traffic, attract OTA guests, and boost revenue? Y ou need to find a way to your target audience and make sure they convert. Fortunately, weve got some great tips, and weve compiled them into this article. Lets get started! Outline marketing in your Brand Strategy. Find the right mix of distribution channels Optimize your listing content Encourage reviews for your vacation rental Create your business website Dri

article thumbnail

The shift to digital property management and what it means for your business

Buildium

For years, digital simply meant using spreadsheets instead of ledger books. But things have changed. Todays property managers can build entire operations that are fully digital, from lease signings to vendor payments to team coordination. If youre still juggling manual processes, emails, and paper folders, moving to a digital-first operation might feel like a big leap.

article thumbnail

Your Complete Guide to Vrbo Customer Service for Hosts

Host Tools

Managing vacation rentals on Vrbo can be rewarding, but its not without its challenges. Whether its a double booking or a payment issue, reaching out to Vrbo customer service is often necessary. However, for new and seasoned hosts alike, navigating Vrbos support channels may seem daunting. This guide will help demystify Vrbo customer service, provide tips for effective communication, and ensure you can resolve issues quickly and efficiently while focusing on what matters most providing great gue

article thumbnail

How to Write a Letter Notifying Your Tenant of Sale of Property

Second Nature

Selling a rental property can be complex, especially when residents are involved. But there are plenty of ways to notify your resident of the sale in a clear, respectful, and legally compliant manner that also reduces their anxiety or concerns. In today’s blog, we’ll provide a practical walkthrough to help you draft this important letter, including: What a notice of sale of property letter is Rights of tenants when the property owner sells the property What the sale of property letter should inc

Tenant 89
article thumbnail

When to Consider Hiring a Professional Property Manager

AirKeeper

Managing a short-term rental can be rewarding, but its rarely simple. Between handling guest bookings, coordinating cleaners, juggling maintenance needs, and staying on top of local regulations, what starts as a promising investment can quickly become a full-time job. Whether you’re self-managing or working with a property manager who isnt delivering, there are signs that it might be time for a change.

article thumbnail

Here’s How to Get Your First Apartment

Bay Property Management Group

Getting your first apartment is a big deal. Youre stepping into independence bills, leases, your own set of keys. Exciting? Absolutely. Confusing? Also, yes. Thats why we created this guide: to walk you through every step with real advice on how to get your first apartment. Read along as we share simple tips and a bit of perspective from the people who manage properties every day.

Apartment 130
article thumbnail

The Role of Digital Marketing in Attracting Tenants

Property Management Inc.

Digital marketing in the real estate industry is like a blockbuster hit—innovative and impossible to ignore. For property owners and managers, it's the secret formula to staying ahead in a highly competitive market. Attracting high-quality residents requires strategy, precision, and the ability to tap into the digital spaces where most prospective residents spend their time.

Tenant 40
article thumbnail

How to start and run a virtual property management company: The benefits, drawbacks, and what to know

Buildium

In a post-pandemic, tech-enabled world, the term virtual property management company has moved from experimental concept to a proven business model. Whether you’re a solo landlord, a property management professional with big ambitions, or a traditional company looking to cut overhead, the idea of going fully virtual has never been more viableor more appealing.

article thumbnail

20 Challenges B2B Companies Face In Scaling (And How To Overcome Them)

Forbes Business Council

From aligning internal operations to managing longer sales cycles, these challenges can slow momentum and undercut long-term potential if not addressed.

article thumbnail

Facility management tips to improve efficiency

MRI Software

Facility managers are under increasing pressure to optimize operations while controlling costs. Inefficiencies in maintenance, space utilization, and vendor management can quickly lead to rising expenses and operational disruptions. To effectively cut facility management costs, organizations must implement smart strategies that improve efficiency, reduce downtime, and extend asset lifespans.

article thumbnail

Four Qualities Every Property Management Leader Needs to Have

Second Nature

Being a successful property management leader isnt about personality type, but about four key traits: conviction, modesty, understanding, and motivation.

article thumbnail

Airbnb Pricing Tools: What Do They Do for Hosts and What Are Your Options?

Hospitable

Airbnb Pricing Tools: What Do They Do for Hosts and What Are Your Options? By The Hospitable Team Beginner's Guides , OTAs As an Airbnb host, setting the right price for your short-term rental is key to attracting guests and maximizing your revenue. Setting your rate too low will reduce profits; if you put it too high, youll lose bookings. Since market conditions fluctuate, figuring out a competitive price for your Airbnb listing can be challenging and time-consuming.

Airbnb 52
article thumbnail

Streamlining Rental Turnovers: How to Minimize Vacancy Periods

RL Property Management

Vacancy is more than just an inconvenienceit’s one of the biggest drains on your rental income. Every day a rental property sits empty, you’re losing money, momentum, and opportunity. And if your turnover process is slow, disorganized, or reactive, those days can pile up fast. The good news? Minimizing vacancy isn’t about working harderit’s about working smarter.

article thumbnail

Technology in property management: 6 benefits you should know

Buildium

Property management has changed fast. Managing rentals used to mean phone tag, hopping from location to location, and endless coordination. Today, tenants expect instant responses. Owners want real-time updates. And property managers need tools that help them keep up without burning out. In this post, we’ll walk through specific ways technology in property management helps you simplify tasks, stay organized, and keep both tenants and owners happy, painting a practical picture of what diffe

article thumbnail

A Guide to Buying a Holiday Home Abroad

Schofields Insurance

Reading Time: 7 minutes Whether you are buying a property abroad in a beautiful destination to jet off to for holidays or to rent it out, there are several important factors to consider when it comes to overseas property investment. In addition to the location and property type, you will need to consider how to finance your purchase, any tax implications, legal restrictions, local rules and regulations and other risks that are associated with owning a home abroad.

Broker 80