Buildium

JUNE 12, 2025

Buildium at a Glance Buildium is a comprehensive property management platform designed for residential property management and association management companies of all sizes—from solo managers to large firms. Whether you’re managing 10 units or 10,000, it keeps your operations organized and under control.

Property Management Software 130

Property Management Software Property Management Property Manager Landlord 130

American Apartment Owners Association

JANUARY 9, 2025

Rental business owners frequently keep tight budgets, balancing operating expenses like insurance and utilities with unexpected repairs and even long-term capital investments. If this sounds familiar, you might assume property management software is just another expense eating into your profits.

Property Management Software 130

Property Management Software Property Management Property Manager Management 130

American Apartment Owners Association

JANUARY 9, 2025

Rental business owners frequently keep tight budgets, balancing operating expenses like insurance and utilities with unexpected repairs and even long-term capital investments. If this sounds familiar, you might assume property management software is just another expense eating into your profits.

Property Management Software 130

Property Management Software Property Management Property Manager Management 130

Buildium

MAY 15, 2025

When you manage your own rental, you’re building personal wealth, taking advantage of tax benefits, and making strategic decisions that directly impact your future. You already know how to handle tenants, maintenance, budgeting, and legal compliance. Why Transition to Rental Property Investment? The best part?

Property Management 236

Property Management Property Manager Property Management 236

Buildium

JANUARY 21, 2025

Generating enough revenue to compensate for rising costs remains a top challenge for property management companies in 2025. Even as the pace of inflation has slowed down, expenses like labor, materials, and insurance remain higher than they once were. Which costs are hurting companies the most?

Property Management 130

Property Management Property Manager Management Broker 130

Buildium

MAY 29, 2025

For example: Maintenance requests are assigned and tracked in a shared queue. When you operate digitally, its easier to: Share detailed reports with real-time data Keep documents organized and shareable Show a clear record of communications, maintenance, and finances The difference is noticeable. They also want visibility.

Property Management 130

Property Management Property Manager IT Management 130

Buildium

MARCH 19, 2025

Operating Expenses Operating expenses are the costs of maintaining and managing your rental property. These include: Advertising for tenants Property management fees Repairs and maintenance Utilities (if paid by the landlord) Insurance premiums These expenses can be subtracted from your rental income, reducing your taxable income.

Rental Property Management 130

Rental Property Management Rental Property Property Management Property Manager 130

Buildium

DECEMBER 26, 2024

From interviewing every candidate to managing invoices and overseeing insurance compliance, its no wonder why many board members want to put this task on a community managers to-do list. Reliable vendor relationships lead to reliable maintenance and repair work and happier boards.

Management 245

Management Insurance Maintenance Property Manager 245

Buildium

OCTOBER 28, 2024

For instance, the majority of rental owners want their property management companies to handle payments electronically , and renters prefer to complete most processes on their smartphone, with the exception of applying for rentals and signing up for renters insurance.

Property Management 246

Property Management Property Manager Management Property 246

Buildium

NOVEMBER 5, 2024

If the rental property owner is established as a corporation, you do not need to file a 1099-MISC form for payments made to that company. You’ll still need to file a 1099-MISC if the property owner is a limited liability company, or LLC, however. Again, this exemption does not apply to LLCs.

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Property Management Property Manager Management Property Management Software 227

BetterWho

SEPTEMBER 21, 2024

High turnover can drain your finances and disrupt your property management workflow. You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., Or is maintenance due? The cost of turnover adds up.

Property Management 233

Property Management Property Manager Tenant Management 233

Thanks For Visiting

JUNE 6, 2025

Legit photographers expect questions and requirements, and may even provide documents like insurance upfront. Knowing what to ask protects you and your property. Make sure you’re aligned with the type of shoot — your property’s reputation is on the line. Step 2: Require a Certificate of Insurance (COI) No exceptions.

Rental Income 52

Rental Income Airbnb Insurance Contractors 52

Buildium

OCTOBER 21, 2024

The funds cover everyday maintenance as well as future projects and improvements, ensuring the community stays well-maintained and prepared for any upcoming needs. Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits.

Finance 245

Finance Management Attorney Consulting 245

BetterWho

SEPTEMBER 27, 2024

Expenses: Maintenance, utilities, property management fees, and insurance. It may seem obvious, but many property managers make the mistake of using a single account for everything, leading to confusion and errors. Don’t forget less obvious deductions, like property management fees or advertising expenses.

Property Management 130

Property Management Property Manager Management Property 130

Real Property Management DC Metro

DECEMBER 19, 2024

Creating Budgets for Predictable Cash Flow Creating an adequate budget will successfully help property managers closely monitor the income and expenses for adequate cash flow for impending maintenance, emergencies, and other principal services.

Property Management 98

Property Management Property Manager Management Property 98

Real Property Management California Coast

DECEMBER 20, 2024

Creating Budgets for Predictable Cash Flow Creating an adequate budget will definitely help property managers closely monitor the income and expenses for adequate cash flow for possible maintenance, emergencies, and other salient services. Managing your debt at levels will prevent your monthly expenses from overwhelming you.

Property Management 97

Property Management Property Manager Management Property 97

MRI Software

DECEMBER 5, 2024

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income.

Rental Income 52

Rental Income Insurance Landlord Rent 52

Buildium

MAY 15, 2025

When you manage your own rental, you’re building personal wealth, taking advantage of tax benefits, and making strategic decisions that directly impact your future. You already know how to handle tenants, maintenance, budgeting, and legal compliance. Why Transition to Rental Property Investment? The best part?

Property Management 130

Property Management Property Manager Property Management 130

MRI Software

DECEMBER 16, 2024

Owning rental properties can be rewarding, but without the right insurance, a single incident could cost you thousands of dollars. If youre renting out a residential property, protecting your investment isnt just smartits essential. In this guide, well break down everything you need to know about landlord insurance.

Residential Property 52

Residential Property Insurance Property Landlord 52

MaidThis

JANUARY 27, 2025

You also need to have a good handle on insurance and all that goes into it. Keep in mind things like property taxes, that insurance we mentioned, maintenance costs, potential downtimes during off-seasons, and more. Depending on your budget, one option is to hire a property manager or use property management software.

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Airbnb Property Management Software Insurance Regulation 52

Host Tools

MAY 1, 2025

cash, property, security deposits) Liabilities (e.g., maintenance, repairs, cleaning, software subscriptions) Your COA enables you to quickly find and analyze your financial data, simplifying everything from day-to-day management to tax filing and financial planning. Its categorized into major groups such as: Assets (e.g.,

Airbnb 52

Airbnb Rental Income Finance Property Management Software 52

MRI Software

FEBRUARY 24, 2024

Below are a few essential benefits to consider incorporating into your package: Maintenance hotline A maintenance hotline is a dedicated phone service that allows tenants to report maintenance issues and request repairs 24/7. You can easily offer a 24/7 maintenance hotline with multifamily property management software.

Tenant 52

Tenant Property Management Software Insurance Maintenance 52

MRI Software

DECEMBER 12, 2024

This guide explores the common causes of tenants defaulting, actionable strategies to prevent and respond to a default by tenant, and the value of tools like tenant rent default insurance. This often includes non-payment of rent, but it could also involve damaging property or breaking other lease terms like unauthorized subletting.

Tenant 52

Tenant Lease Agreement Property Management Software Insurance 52

MRI Software

NOVEMBER 4, 2024

Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for multifamily properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion of your overall operating costs.

Utilities 52

Utilities Property Management Software Insurance Property Management 52

MRI Software

DECEMBER 9, 2024

Typical operating expenses for multifamily expenses fall into predictable categories like maintenance, utilities, and property management fees. Fixed and variable multifamily expenses Fixed multifamily expenses, like property taxes and insurance premiums, stay relatively stable year-round.

Management 52

Management Property Utilities Insurance 52

Second Nature

OCTOBER 1, 2024

Property management services have changed by leaps and bounds over the past 5-10 years. And property management outsourcing services have grown along with it. While the traditional approach to property management simply provided the basics – maintenance, rent collection, etc. Maintenance and repair.

Property Management 52

Property Management Property Manager Management Property Management Services 52

Thanks For Visiting

SEPTEMBER 12, 2024

Short-term rental analysis might sound complicated, but it’s essentially answering one simple question: Is this property, in this location, going to make money? Cash Flow: The Lifeblood of Your Investment Cash flow represents the net income generated by your rental properties after deducting all operating expenses.

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Insurance Utilities Property Management Software Maintenance 52

MRI Software

DECEMBER 8, 2024

As you go through the underwriting process, your goal is to assess whether the property can generate enough profit to cover all costs. These costs typically include taxes, insurance, and ongoing maintenance. If a propertys NOI is $80,000 and its value is $2 million, the NOIR would be 4%.

Property 52

Property Property Management Software Single-Family Home Property Manager 52

MRI Software

OCTOBER 23, 2023

Get a software demo Multifamily software used by the top ten NMHC managers Take full control of the lead-to-lease process Get a demo Utilizing multifamily property management software with multifamily AI can significantly enhance the safety and security of your properties.

Property 52

Property Insurance Property Management Property Manager 52

MRI Software

AUGUST 3, 2024

A high rate indicates strong tenant satisfaction and effective management, reducing turnover costs and the need for new renters. Maintenance Costs Includes all expenses related to property upkeep and repairs, such as fixing leaks, replacing air filters, and landscaping. Asset Management KPIs 1.

Property Management 52

Property Management Property Manager Management Property 52

Host Tools

NOVEMBER 15, 2024

From accidental spills to more severe destruction, the potential for guests to leave your Airbnb rental property in disarray is real. Regular maintenance checks and an open line of communication with guests can also identify issues before they escalate. Get additional insurance Insurance is a must for any property owner.

Airbnb 52

Airbnb Insurance Rental Property Property Management Software 52

Second Nature

SEPTEMBER 26, 2024

Property management automation refers to using technology and software to automate various tasks and optimize processes related to managing properties. Related : 5 Best Property Management Inspection Software Property Management Rental Inspection Checklist [Free Template] 3.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

FEBRUARY 2, 2025

These property types offer unique benefits, depending on whether youre looking for a low-maintenance home, a rental property, or a mix of both. HOA fees are a standard part of condo ownership, covering costs for maintenance, amenities, and shared property management. is about $300.

Finance 52

Finance Single-Family Home Commercial Property Maintenance 52

MRI Software

OCTOBER 8, 2024

These risks can directly impact the property’s cash flow, tenant satisfaction, and overall profitability. Common operational risks include: Property maintenance issues: Poor or delayed maintenance can lead to costly repairs, tenant dissatisfaction, and potential legal liabilities.

Real Estate 52

Real Estate Management Commercial Property Insurance 52

MRI Software

DECEMBER 11, 2023

Consider upgrading to energy-efficient lighting options to promote sustainability in your multifamily property. Regular maintenance and timely replacement of burnt-out bulbs are crucial to ensure consistent lighting throughout the property.

Property 52

Property Education Insurance Tenant 52

MRI Software

DECEMBER 10, 2024

You should also assess the propertys structural integrity, ensuring it can safely accommodate its new use. Insurance is another critical factor to address. Switching the property from commercial to residential requires updated insurance coverage to reflect its new purpose.

Commercial Property 52

Commercial Property Landlord Rent Residential Property Management 52

California Pacific Realty

AUGUST 14, 2024

It is the systematic monitoring of all property-related costs for financial management purposes. This would encompass maintenance costs, such as repairs and routine upkeep, along with variable expenses, such as property taxes, which depend on the location. Utilizing Accounting Software.

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Property Management Property Manager Management Property 52