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How property managers can expand their business by acquiring other property management companies

Buildium

Set a realistic budget and decide how you’ll finance acquisitions. Confirm that the company complies with local licensing and regulatory requirements, including trust accounting standards. While this approach still works, it can take several years to reach significant growth milestones. Why Acquire Another Property Management Company?

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How to conduct an HOA reserve study: A guide for community managers

Buildium

It provides a roadmap to plan for repairs and improvements and to keep the community’s finances stable. An HOA reserve study might not sound exciting, but they’re one of the most important tools for keeping community associations financially stable. It helps you determine the steps you can recommend to improve the communities you manage.

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Everything you need to know about apartment management in 2025

Buildium

Luckily, the same principles apply: keep units occupied, tenants engaged, operations running efficiently, and finances under control. Partner with licensed plumbers, electricians, and HVAC professionals. Verify licenses and insurance before work begins. Standardize unit inspections to identify recurring issues early.

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How to Start a Property Management Company

BetterWho

Most guides will tell you to register an LLC, get licensed, and open a bank account. Build this now: Trust account(s) Bookkeeping system that syncs with your PM software Owner payout calendar Consider a fractional bookkeeper or finance-focused RTM to stay lean and accurate. Step 5: Set Up Financial Systems Dont wait until tax season.

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Are Pet Deposits Refundable? What You Need to Know

Bay Property Management Group

So, your landlord will likely have to turn to your security deposit to finance that replacement. Once the dust settles and your lease has finished, are pet deposits refundable? O ur residential property management in Northern Virginia will break it down for you. When Are Pet Deposits Refundable? Congratulations!

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

American Apartment Owners Association

Many municipalities and power providers can incentivize upgrades through instant rebates, tax credits, or low-interest financing programseffectively reducing the net cost while promoting sustainable home comfort solutions for eco-conscious residents. However, if the unit is relatively new, repairs may be more cost-effective.

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Stessa vs Buildium: Which software is best for you in 2025?

Buildium

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