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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.

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Best practices for expanding your property management portfolio into new markets

Buildium

The most successful property managers aren’t just overseeing properties—they’re expanding. Understanding the Benefits of Expanding Your Property Management Portfolio Expanding your portfolio comes with real advantages. As a result, they can be great options for expanding your property management business.

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Mind the GAAP: GAAP accounting 101 for property managers

Buildium

While many property managers dont have accounting backgrounds, managing their organizations financial reporting is still on nearly every PMs to-do list. If you have been tasked with handling accounting tasks for your property management company, its a good idea to keep GAAP accounting principles in mind.

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

Buildium

It helps you determine the steps you can recommend to improve the communities you manage. 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.

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Accounting software for apartment management: What property managers need to know

Buildium

Apartment property managers handle a web of revenue, expenses, vendor payments, owner communication, and regulatory requirements. This is where accounting software for apartment management comes in. In this guide, we’ll walk through what to expect from accounting software for apartment management.

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

Buildium

Growing a property management company traditionally means building a strong local reputation, gradually attracting new clients, and expanding door count over time. Many property managers today are choosing another way to grow: acquiring other property management companies. Why Acquire Another Property Management Company?

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Apartment gate security entry management: Finding your ideal system

Buildium

With rising concerns about property crime and liability and more pressure for tech-enabled, convenient entry options, managing gate security has become both more important and more difficult for apartment managers. This guide explores everything property managers need to know about apartment gate security entry management.