Remove Information Remove Lease Remove Rental Unit
article thumbnail

8 practical use cases for AI in property management that you can try today

Buildium

Its a great way to speed up leasing cycles and expand your pool of potential tenants. Lease Management Automation Managing leases and lease renewals can be challenging, especially as your portfolio grows. Fortunately, AI can read and extract critical information from leases for you in seconds.

article thumbnail

The hidden potential of rent roll analysis for property managers

Buildium

A rent roll is a record of rent revenue for all of your properties with valid leases. It shows you all the information having to do with rent for each unit you manage or own. For example, they can look for issues such as high turnover and vacancy rates and use the information to improve leasing processes.

Insiders

Sign Up for our Newsletter

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

article thumbnail

11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

In the residential leasing world, May through September are known as leasing season—with July and August typically seeing the most volume. To make the most of leasing season, property managers, leasing teams, and marketing managers need to be ready for increased demand and commit resources to encourage lease renewals.

Lease 264
article thumbnail

How to Become a Tiny House Landlord

American Apartment Owners Association

Although many people consider a house up to 600 square feet to be a tiny home, the 2021 International Residential Code (IRC) Appendix AQ, stated that tiny houses are dwelling units measuring 400 square feet (37 m 2 ) or less in floor area, excluding lofts. All of your policies need to be incorporated into your lease.

Landlord 255
article thumbnail

Everything you need to know about proptech: An advanced guide for property managers

Buildium

If youre managing rental units, commercial spaces, or mixed-use properties, a solid understanding of proptech and how to use digital tools effectively comes with the job description. Data: Information from properties, tenants, and markets feeding smart decisions. Want to learn more?

article thumbnail

New Laws Coming to California in 2025: What Renters Need to Know

Beach Front Property Management

Key 2025 Rental Laws in California 1. Enhanced Security Deposit Transparency (AB 2801) To address the disputes over security deposits, AB 2801 requires property owners to document the condition of a rental unit before renters move in and after they move out, using time-stamped photographs.

article thumbnail

How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Several Factors Influence Vacancy Rates – Population growth, rental pricing, and the local job market play key roles in determining how easily a property can attract tenants. Landlords should stay informed about market trends and set competitive rent prices to minimize vacancies.

Landlord 147