article thumbnail

Property managers, here are the 5 top leasing trends of 2025

Buildium

75% of renters say they would like an online portal for tasks like making payments and submitting maintenance requests. 55% of surveyed owners expect their property managers to handle leasing electronically. As for the technologies renters want most, ease of communication and payment are at the top priorities.

Lease 223
article thumbnail

The Ultimate Guide to Sustainable Property Management

Beach Front Property Management

Try implementing the following solutions: Clearly labeled bins for recyclables such as paper, glass, and plastics Designated containers for compostable organic waste Collection points for electronic waste and used batteries Partnering with local recycling services can help streamline disposal efforts and improve efficiency.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 myths about property management software

Condo Control

Not only did the team reduce its workload, but the HOA saved more than $100,000 by sending notices and communications electronically. A property management company operating out of Illinois reduced labor costs by 50% and increased maintenance completion rates to 99% with the help of Condo Control.

article thumbnail

HVAC Repairs Vs. Replacement: How To Decide What’s Best For Your Apartment

American Apartment Owners Association

Assess the Age of Your HVAC System HVAC systems typically last between 10 to 15 years, depending on maintenance plans and usage. Frequency of Breakdowns Frequent HVAC breakdowns can signal deteriorating electronic components and declining reliability, often indicating the system is nearing the end of its lifespan.

Apartment 130
article thumbnail

The property management software buying guide: How to choose the best multifamily property management software

Buildium

Automated Processes: Tasks such as rent collection, lease renewals, and maintenance requests, which you may be handling manually, can be automated, reducing your teams workload and minimizing errors. Maintenance Management: Look for tools that track and manage maintenance requests, work orders, and vendor communications.

article thumbnail

1099 forms for property management: Everything you need to know (2024 update)

Buildium

You also do not need to file a 1099-NEC form for any maintenance work or other services done by an incorporated business. You can do it yourself, either by mailing the documents in person or electronically through the IRS’s Filing Information Returns Electronically (FIRE) system or you can hire an accountant or a CPA to do it for you.

article thumbnail

6 must-know industry trends for small property managers

Buildium

For instance, the majority of rental owners want their property management companies to handle payments electronically , and renters prefer to complete most processes on their smartphone, with the exception of applying for rentals and signing up for renters insurance.