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AI is transforming how businesses manage contracts by automating time-consuming tasks and boosting efficiency. From reviewing dense legal documents to tracking important deadlines, AI can streamline these processes, allowing you to focus on core responsibilities. AI also simplifies contract analysis, reduces human errors, and makes handling multiple contracts more manageable.
Are you a member of any property management associations? Joining a professional association is a great way to network, gain access to continuing education and stay up to date with industry trends and news. Check out the top national property management associations in the U.S. serving residential, commercial, condo/HOA, affordable housing, manufactured housing and self storage markets.
Like many small property managers, you probably want to grow your business. But how do you go about it when you have limited resources for marketing, hiring staff, adding new services, etc.? The key is to prioritize growth strategies that don’t break the bank but still deliver big returns. That means staying on top of industry trends and knowing where the real opportunities lie—all covered in the 2025 Property Management Industry Report.
Good communication is the backbone of effective property management, helping to prevent misunderstandings and fostering a harmonious landlord-tenant relationship. At Osprey Property Management, we emphasize the power of streamlined communication to elevate property management standards.
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
What are the HOA reserve study requirements by state? Depending on the location, some homeowners associations have a statutory requirement to conduct a reserve study. Board members must understand whether such a requirement applies to their HOA to avoid potential liability. HOA Reserve Study Requirements by State A reserve study is an integral tool for any homeowners or condominium association.
When it comes to your short-term rental investment, who you partner with makes a world of difference. At AirKeeper, were proud to be a fully licensed real estate company, which allows us to offer our clients enhanced protection, compliance, and expertise. Licensing isnt just a formalityits a critical safeguard for property owners and their investments, ensuring adherence to financial, legal, and ethical standards 1.
Today, most independent self storage leaders are competing against powerful REITs. You probably knew that, which means you also know that REITs stand at once big advantage: they can offer super low introductory rates that quickly go up once the customer is settled in. However, with the right Search Engine Optimization (SEO) strategy, small self storage businesses can step up their game to take on competition big and small.
What are the features of rental properties that are attracting interest in today’s competitive market? Buildium surveyed more than 1,500 U.S. renters to find out. When it comes to amenities, what renters told us boils down to two key points: Features of the unit (where renters spend most of their time) are more influential than shared amenities, particularly as renters’ interest has risen in smaller rental properties that aren’t as conducive to community amenities.
The post Facing Fear And Turning Neurodiversity Into An Asset: Strategies For Success From A Leader With Severe ADHD appeared first on Beach Front Property Management Inc.
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.
When it comes to your short-term rental investment, who you partner with makes a world of difference. At AirKeeper, we’re proud to be a fully licensed real estate company, which allows us to offer our clients enhanced protection, compliance, and expertise. Licensing isn’t just a formality—it’s a critical safeguard for property owners and their investments, ensuring adherence to financial, legal, and ethical standards 1.
Welcome to the October edition of ADDA Community Times! Before we get started with our Updates and Community News, let us take this opportunity to wish you, your family and your vibrant community – A Very Happy Diwali! ADDA in News! ADDA has been a pioneer in the Community Management Space. In the below article, read about ADDA’s pioneering work in bringing Data Security best practices and cutting edge technologies like IoT, AI in Community management space.
During the 1980s, Great Western Management (GWM) developed 15 residential properties with subsidies from the United States Department of Agriculture (USDA) under its Section 515 Rural Development (RD) program. For decades, GWM managed those properties, along with a portfolio of commercial and storage properties with an accounting software program. Over the years, GWM noticed that RD reporting was taking more time because their affordable housing software did not interface with the USDA MINC repo
The resident experience includes every interaction with their property manager and the rental property, from signing the lease to moving out. This experience covers everything, such as the quality of services provided, timely maintenance, clear communication, and the overall enjoyment of living on the property. Ultimately, it reflects how residents feel about their entire rental journey.
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.
Retaining commercial tenants is vital for maintaining steady cash flow and reducing the costs associated with turnover. A proactive approach to tenant retention can lead to long-term relationships and a well-maintained property. Here are some key strategies to help ensure your commercial tenants stay satisfied and loyal. Offer Flexible Lease Terms Tenants appreciate flexibility, especially […] The post Commercial Tenant Retention Strategies appeared first on Welcome to Genuine Property Man
Scaling your property management business is an exciting step toward growth, but it comes with operational challenges. As your portfolio expands, maintaining efficiency becomes a critical task. Without the right strategies, growth can lead to bottlenecks, decreased profitability, and customer dissatisfaction. In this post, we’ll explore five proven strategies to help you grow your property management business while ensuring efficiency remains at the forefront.
The recent 2024 AAOA Rental Housing Conference was enjoyed by thousands of people in person and via livestreaming. Offering seminars, more than 20 vendor displays, valuable networking opportunities and complimentary lunch, the all-day event was held at The Reef on the Water in Long Beach, CA. Throughout the day, attendees were able to meet fellow landlords, property managers and vendors while they got the latest on the hottest topics in the rental industry and how they impact their financial fut
WASHINGTON, D.C., October 29, 2024 — Nest DC, the premier property management expert within the Flock DC family, has been named to the Washington Business Journal's list of Largest Property Management Companies in Greater Washington for 2024. Managing over 1 million square feet across approximately 960 properties, this recognition highlights Nest DC's significant presence in the local real estate market while maintaining its signature personalized approach to property management.
Hiring a property manager is one of the most important decisions you will make when investing in rental properties. A skilled property manager can save you time, reduce stress, and help maximize the return on your investment. Whether you are managing a single property or a portfolio, finding the right property manager will ensure smooth […] The post How to Hire a Property Manager appeared first on Welcome to Genuine Property Management.
The recent 2024 AAOA Rental Housing Conference was enjoyed by thousands of people in person and via livestreaming. Offering seminars, more than 20 vendor displays, valuable networking opportunities and complimentary lunch, the all-day event was held at The Reef on the Water in Long Beach, CA. Throughout the day, attendees were able to meet fellow landlords, property managers and vendors while they got the latest on the hottest topics in the rental industry and how they impact their financial fut
Recently, we shared “8 Reasons Why REITs Are More Rewarding Than Rentals.” In short, studies show that REITs earn 2% to 4% higher annual returns than private real estate.
Investing in rental properties can be a profitable venture, but understanding the return on investment (ROI) is crucial for evaluating your property’s success. ROI helps assess the profitability of a property, guiding decisions about whether to keep, sell, or improve it. Without knowing your ROI, you could miss out on maximizing the potential of your […] The post How to Determine ROI on Rental Property appeared first on Welcome to Genuine Property Management.
A disorganized fridge can, at once, become a big problem. A messy fridge can undoubtedly threaten your health and budget, from forgotten leftovers to missing ingredients. The really good news is that you can easily fend off these troubles by using these simple organizational strategies. Keeping your fridge organized makes the most of your available space and keeps everything fresh and ready to eat.
Reading Time: 3 minutes Running a holiday letting business is generally trouble free. However, when things do go wrong there can be lengthy and costly legal disputes. With the rise of no-win, no-fee solicitors, the chances of having a case brought against you are on the increase. What would you do if… A guest at your holiday cottage threatens to sue you because you have deducted from their security deposit for damage, or they are demanding a refund because they were unhappy with their stay.
Starting a rental property business can be a profitable and rewarding venture, but it requires careful planning and a strategic approach. Whether you’re looking to build long-term wealth or generate a steady stream of income, owning rental properties can help you achieve your financial goals. This guide will walk you through the key steps to […] The post How to Start a Rental Property Business appeared first on Welcome to Genuine Property Management.
Halloween is an exciting time filled with costumes, candy, and festive activities. But while we’re enjoying the spooky season, safety should remain a top priority—especially for families in the bustling neighborhoods of Santa Clarita Valley. Whether you’re trick-or-treating or hosting a Halloween gathering, here are some essential safety tips to help ensure everyone has a fun and safe Halloween. 1.
What’s the best way for landlords to improve the ROI for their Seattle rental properties ? One of the most effective strategies is making smart property upgrades! As a top provider of property management in Seattle, we’re always looking for ways to help property owners maximize their investment. One of the best ways to do that is by making upgrades that appeal to tenants and justify a rent increase.
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