article thumbnail

How do license plate readers work in condominium buildings?

Condo Control

That being said, license plate readers can be effective access control solutions in condominium parking garages. Table of contents How do automated license plate readers work How are LPR systems used in condo buildings? If you’ve ever driven on a toll road, you will have encountered a license plate reader (LPR) system.

article thumbnail

What Does a Leasing Agent Do? Basics You Need to Know

Bay Property Management Group

Do Leasing Agents Need a License? In many states, leasing agents do not need a real estate license if they’re only work in the business of renting properties, not buying or selling them. However, there are some states that do require leasing agents have a license, like Virginia.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why you should use the Activity Feed to take notes in Yardi Breeze

Yardi Breeze

This tool lets you add notes right to your calendar, and it organizes everything you write in one convenient report.This article will show you how to add, find and keep track of information. So, if you remember writing a note last week but cant remember the name of the tenant, youll find that information in the report.

article thumbnail

Mind the GAAP: GAAP accounting 101 for property managers

Buildium

Having access to reliable and consistent financial information makes it easier to identify trends and forecast into the future. GAAP accounting gives you the ability to provide your clients with reliable and realistic financial information, which can make it easier for them to trust you to take care of their hard-earned income.

article thumbnail

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

Buildium

Gathering Necessary Documents and Information A reserve study doesn’t just look at the current physical condition of your community, it also takes into account historical information to get a better sense of where it stands. If not, you can ask your reserve study professional or a licensed contractor to provide you with estimates.

article thumbnail

(10 Ways!) How to Find Out Who Owns a Property

Bay Property Management Group

Understanding property ownership is useful for lease clarity, maintenance issues, verifying legitimate owners, and it’s generally legal to research this public information. What’s more, most offices provide this information free or for a small fee. A quick call or visit may give you the owner’s name and contact information.

article thumbnail

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

Buildium

This information will help you plan a smoother integration and maintain consistent service. Confirm that the company complies with local licensing and regulatory requirements, including trust accounting standards. They’ll be able to provide you with the most accurate and up–to-date information regarding your options and obligations.