article thumbnail

Rental leasing software: A game-changer for residential landlords

Buildium

Tracking payments, handling lease agreements, responding to tenant inquiries, and staying on top of maintenance requests often leads to a never-ending cycle. Rental leasing software can transform the way landlords manage their businesses, making tasks easier and faster to complete. Landlords can review and approve them in real-time.

Lease 130
article thumbnail

What Is a Ground Lease? What You Need To Know

Bay Property Management Group

Acquiring property without buying it outright sounds too good to be trueuntil you learn about ground leases. For investors looking to build without spending millions on land, or landlords who want a more passive investment, this kind of lease could be the golden ticket. Main Takeaways What is a ground lease?

Lease 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Best Property Management Software for 2025

American Apartment Owners Association

Property management software (PMS) has become a must- have for landlords who want to streamline operations, manage their tenants, and maintain organized finances. O pt im ize s Lease Management: Property management software allows digital storage of leases and related documents. Innago securely stores leases digitally.

article thumbnail

Understanding HOA finances: A practical guide for association managers

Buildium

One of the biggest responsibilities you’ll have as an association manager is keeping your HOA’s finances in good shape. In this guide, we give you the full HOA finances picture. What are HOA Finances? Finances are the backbone of any association, and managing them well is a large part of protecting a community’s longevity.

Finance 245
article thumbnail

6 steps to jump from property manager to property owner: Build your rental portfolio with confidence

Buildium

In terms of financing, your professional background can also give you an edge. You can also evaluate creative options such as seller financing or partnerships with much sharper eyes. Keep finances, systems, and communications separate. Lenders may view your management experience favorably when underwriting investment loans.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Although it is not mandatory that rental owners purchase landlord insurance , most lenders will require it if you are financing the property or hold a mortgage on it.

Property 200
article thumbnail

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. Legal and Compliance Review Bring in a legal expert familiar with property management to review contracts, lease agreements, vendor obligations, and any pending disputes. Here are the factors to consider when structuring the deal and laying out your financing options.