Buildium

FEBRUARY 4, 2025

Meanwhile, a more absentee investor might want a property manager who can take care of maintenance requests without needing to get them involved. Do they prefer you to text or call in the event of an emergency? Maintenance: Think about what vendors your clients are likely to need and what recommendations you currently offer them.

Property Management 165

Property Management Property Manager Management Property 165

BetterWho

SEPTEMBER 21, 2024

You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., Maintenance Matters: Keep up with regular property maintenance and embrace smart technology to monitor systems. Or is maintenance due?

Property Management 233

Property Management Property Manager Tenant Management 233

American Apartment Owners Association

NOVEMBER 6, 2024

Vice President & Branch Owner at All Solutions Insurance As property insurance costs inch up with inflation and rising maintenance costs, landlords are finding comprehensive and affordable insurance coverage increasingly difficult to secure and retain. By Seeta Bhandari, Sr. How much dwelling coverage do you need?

Insurance 246

Insurance Landlord Property Insurance Agencies 246

American Apartment Owners Association

DECEMBER 16, 2024

Optimize Pricing and Lease Flexibility In today’s“rent rollercoaster” market, implementing data-driven pricing strategies is crucial. With renting being 40% cheaper than owning on average, ensure your pricing remains attractive. Align community events with resident interests based on past participation and feedback.

Tenant 246

Tenant Property Manager Property Management Lease 246

American Apartment Owners Association

DECEMBER 9, 2024

Identify potential risks through in-depth examination, includingmarket analysisfor rental trends and property maintenance assessments. Manage maintenance costs proactively. Analyzing rental trends, vacancy rates, and comparable rents can provide valuable insights into the property’sincome potentialand overall market stability.

Real Estate 246

Real Estate Compliance Maintenance Tenant 246

Beach Front Property Management

MARCH 19, 2025

The citys housing shortage has led to rising rents, making rental properties an attractive investment option. Considerations: Older homes may require renovations – Maintenance costs can be high. Budget-friendly rental market Expect moderate rent prices. Close to major highways – Convenient access for commuters.

Real Estate 147

Real Estate Single-Family Home Property Rental Income 147

Bay Property Management Group

DECEMBER 10, 2024

Although increasing rent may seem like the simplest way to solve the problem, you risk losing your tenants. Instead, value addition is the best strategy to increase rental income since it allows you to improve your property and services without simply raising rent.

Rental Income 130

Rental Income Rent Multi-Family Building Landlord 130

Buildium

MARCH 3, 2025

At its core, automation reduces the manual work required to complete everyday tasks, such as rent collection or marketing listings. Property management software systems typically include online portals and apps that make it easy for tenants to complete important tasks like paying rent, even while on the go.

Property Manager 137

Property Manager Property Management Tenant Management 137

Buildium

MARCH 19, 2025

This isn’t just limited to the monthly rent; it also encompasses other payments such as advance rent, security deposits, and lease cancellation fees. For instance, if a tenant pays you in December for Januarys rent, you report that income in the year you received the payment, which is December.

Rental Property Management 130

Rental Property Management Rental Property Property Management Property Manager 130

Buildium

JANUARY 27, 2025

Extreme weather events: Floridas vulnerability to hurricanes and rising sea levels has raised insurance premiums and made it more difficult to find an insurance provider within the state. Well share rental market statistics for each city, including inventory growth, rent growth, vacancy rates, cap rates, and property price appreciation.

Property Management 130

Property Management Property Manager Management Real Estate 130

Bay Property Management Group

MAY 1, 2025

Because of that, many buildings and neighborhoods are considered historically significant, like very old buildings (some from the 1800s or earlier), a rchitecturally unique structures, and h omes tied to major historical events or people. So, a sleek kitchen helps justify higher rent or a higher resale value. Or rent it out long-term?

Contractors 130

Contractors Property Manager Property Management Regulation 130

Real Property Management Evertrust

SEPTEMBER 19, 2024

But renting an apartment during this chilly season comes with its own set of challenges and considerations. Some rentals might include heat in the rent, but many do not. If you don’t own a car, you’ll want to rent in a location close to public transportation or your workplace.

Apartment 130

Apartment Rent Transportation Lease 130

Bay Property Management Group

FEBRUARY 6, 2025

Thats why landlords often ask for pet depositsto protect their property in the event Fido goes a little too far. In Virginia, your security deposit must be a maximum of 2 months’ rent. So, if your monthly rent in Virginia is $1,000, your landlord’s combined security and pet deposits shouldn’t exceed $2,000.

Landlord 130

Landlord Lease Agreement Lease Tenant 130

Bay Property Management Group

DECEMBER 12, 2024

Therefore, a comprehensive screening procedure can contribute to a successful and stress-free tenancy by reducing risks like non-payment of rent, property damage, and legal problems. Ideally, a renter’s monthly income should be three times bigger than the monthly rent. Typically, 2 check-ups a year is enough.

Tenant 130

Tenant Applications Applicants Property Manager 130

Bay Property Management Group

MARCH 27, 2025

As of 2024, the average monthly rent in Philadelphia is approximately $1,625. Plus, there are plenty of community events, farmers’ markets , and neighborhood associations that bring people together and give residents a real sense of belonging. This creates a welcoming, close-knit vibe where people look out for each other.

Transportation 130

Transportation Rental Income Property Manager Property Management 130

American Apartment Owners Association

NOVEMBER 6, 2024

Vice President & Branch Owner at All Solutions Insurance As property insurance costs inch up with inflation and rising maintenance costs, landlords are finding comprehensive and affordable insurance coverage increasingly difficult to secure and retain. By Seeta Bhandari, Sr. How much dwelling coverage do you need?

Insurance 130

Insurance Landlord Property Insurance Agencies 130

Buildium

JANUARY 22, 2025

Identifying and targeting relevant keywords, such as “apartments for rent in [city]” or “property management services,” can help your website rank higher in search results. Email Newsletters Email newsletters are a great way to keep your audience informed about new properties, upcoming events, and special offers.

Property Manager 130

Property Manager Property Management Management Media 130

MRI Software

FEBRUARY 5, 2025

Smart Maintenance and Predictive Analytics Maintenance! AI excels in the mundane and maintenance is a prime example. AI is revolutionizing how property managers handle maintenance with predictive analytics. AI holds the pattern recognition abilities to anticipate when appliances or systems need maintenance.

Property Manager 52

Property Manager Property Management Management Property 52

American Apartment Owners Association

AUGUST 30, 2024

Rent growthis decelerating from the double-digit increases seen in 2021 year-over-year rent growth currently stands at -0.8 Tasks like tour scheduling, applicant vetting, lease renewals, rent collection, and maintenance requests are prime candidates for automation.

Lease 162

Lease Property Manager Property Management Maintenance 162

Esquire Property Management Group

FEBRUARY 13, 2025

The “passive” income strategy enables the acquisition of lucrative commercial real estate without confronting the complexities associated with property maintenance and management. Example One: a lease is promoted as triple net because the tenant is responsible for doing common area maintenance on the property.

Lease 64

Lease Landlord Real Estate Tenant 64

Real Property Management Chicago

OCTOBER 20, 2023

Urgent repairs, property damage, and late rent payments are a natural occurrence. Rent Collection Challenges Your tenants may occasionally pay the rent late or not at all. Your rental property may soon become a major cash drain due to the loss of income caused by late or missed rent payments.

Landlord 130

Landlord Property Maintenance Property Manager Property Management 130

Real Property Management Choice

MAY 1, 2025

It means theres less of a risk that rent will be paid late, property damage will be discovered, or lease violations will be counted up and cataloged. Then, as you work through the process of actually renting out your home, make sure prospective tenants feel supported. This includes details such as: Rent collection.

Landlord 52

Landlord Tenant Lease Agreement Lease 52

Propertyware

DECEMBER 21, 2021

That’s why—in case you weren’t able to join us in person—we’ve put together some of the biggest takeaways from the event: Today’s Challenges and Opportunities Mike Mauseth, Senior Vice President of RealPage presents the findings from the 2022 Property Management Industry Report on Day 1 of PM Nation. Residents have similar priorities.

Property Manager 52

Property Manager Property Management Lease Management 52

Real Property Management Evertrust

FEBRUARY 13, 2025

A variety of excellent technology platforms are accessible to assist you with this procedure and facilitate lease signing, rent collection, and so on. Optimizing Property Maintenance for Quick Turnarounds One of the more costly aspects of high turnover is the property maintenance required to prepare the rental for a new tenant.

Property Management 147

Property Management Property Manager Management Property 147

AirKeeper

FEBRUARY 26, 2025

Compared to traditional long-term leasing, holiday rentals offer higher earning potential, greater flexibility, and the ability to capitalise on peak seasons and special events. Common deductible expenses include property management fees, maintenance and repairs, utilities, insurance, and depreciation.

Property Management Services 130

Property Management Services Professional Property Management Regulation Compliance 130

California Pacific Realty

DECEMBER 6, 2024

Will renting do more harm than good for your finances and living preferences? When searching for a place to live, renting and owning can affect one’s financial decisions and lifestyle. Why Is It Better to Rent Than Buy a Place in 2024? For several reasons, renting can be more advantageous than buying a home.

Rent 52

Rent Insurance Maintenance Utilities 52

Beach Front Property Management

OCTOBER 30, 2024

This experience covers everything, such as the quality of services provided, timely maintenance, clear communication, and the overall enjoyment of living on the property. Offer Enhanced Maintenance with Swift Response Times Think of maintenance services as the superheroes of property management.

Property 130

Property Insurance Maintenance Property Manager 130

ADDA

FEBRUARY 1, 2025

Whether youre a property manager, an association board member, or even a resident, keeping track of everything from maintenance requests and payments to communication and security requires smooth coordination. The right software can automate time-consuming tasks like payment tracking, maintenance requests, and even security management.

Apartment Management 130

Apartment Management Apartment Management Maintenance 130

American Apartment Owners Association

FEBRUARY 6, 2025

AvalonBay has added about 50 ADUs into some of its California communities.The average 425-square-foot studios and junior one-bedroom units generate rent between $4 and $8 per square foot. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants.

Landlord 182

Landlord Airbnb Rent Tenant 182

Property Management Inc.

NOVEMBER 26, 2024

When it comes to a landlord's long-term success, there is nothing as important as property maintenance. Here are six essential maintenance practices you can implement for a winning property maintenance strategy. Having the tools and materials to do routine maintenance tasks can make things much smoother.

Property Maintenance 52

Property Maintenance Maintenance Rental Property Property 52

MRI Software

MARCH 5, 2025

Renting out property can be a great way to generate income, but it also comes with potential financial risks. If you rent out a property that you dont live in, most mortgage lenders will require you to have this insurance. Regular maintenance and upgrades can help lower the cost of your liability insurance.

Insurance 52

Insurance Landlord Rental Property Tenant 52

Florida Property Management

JUNE 19, 2020

When you’re renting out a home in Florida, you want to be sure you’re responding promptly to all rental property repairs. Maintenance is part of owning an investment property, and protecting the condition of your property will ensure it increases in value. Emergency Maintenance: Air Conditioning

Maintenance 52

Maintenance Rental Property Property Tenant 52

RL Property Management

FEBRUARY 17, 2025

Between lost rent, property prep costs, and the time it takes to find and onboard new residents, the financial strain can add up fast. Lets break down the key expenses associated with turnover: Lost Rent A vacant unit means zero income for that property. Total Estimated Cost: $3,400 (and thats assuming the unit is re-rented quickly).

Professional Property Management 89

Professional Property Management Property Manager Property Management Maintenance 89

California Pacific Realty

JANUARY 7, 2025

Are you curious why owning a home offers more advantages than renting? In recent years, many individuals and families have considered homeownership a viable alternative to renting. Unlike renting, owning a home can provide security and personalization. Unlike renting, owning a home can provide security and personalization.

Rent 52

Rent Insurance Utilities Maintenance 52

BetterWho

DECEMBER 6, 2024

AI in Property Management: A Double-Edged Sword Artificial intelligence (AI) is transforming the property management industry, streamlining tasks like tenant screening, marketing, and rent collection. However, recent events, such as the lawsuit involving SafeRent Solutions, highlight the importance of balancing efficiency with fairness.

Consulting 130

Consulting Property Manager Property Management Applications 130

American Apartment Owners Association

DECEMBER 12, 2024

However, relying solely on rent limits potential growth! These services benefit both residents and maintenance teams by keeping dumpster areas and trash rooms clear. Private chefs can also be utilized in amenity spaces for events like birthdays and bridal showers.

Property Manager 130

Property Manager Property Management Lease Rental Income 130

Lula

AUGUST 9, 2024

You can either purchase or rent washing machines and dryers yourself and make them available to your apartments’ tenants, or you can enter an agreement with a laundry room equipment vendor. Should You Purchase or Rent Laundry Equipment? (For those of you who manage single-family homes, hang on! We’ll get to you a little later.)

Rental Property 130

Rental Property Single-Family Home Property Apartment 130