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.

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Property Management Property Manager Management Property 246

BetterWho

SEPTEMBER 21, 2024

Maintenance Matters: Keep up with regular property maintenance and embrace smart technology to monitor systems. This proactive approach prevents issues and keeps the property in top shape. Renters insurance is also a valuable addition. The impact is in how you personalize the experience for each tenant.

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Property Management Property Manager Tenant Management 233

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.

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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.

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Second Nature

OCTOBER 1, 2024

Now, property management services are increasingly seen as a way to generate value for residents, real estate investors, and property management companies. PMCs are delivering resident benefits like credit reporting, renter’s insurance programs, pet guarantees, and more. Maintenance and repair.

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Property Management Property Manager Management Property Management Services 52

MRI Software

OCTOBER 8, 2024

Operational risks Operational risks include the challenges that arise from the day-to-day management and operation of a commercial property. These risks can directly impact the property’s cash flow, tenant satisfaction, and overall profitability. You should also use property management software.

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Real Estate Management Commercial Property Insurance 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. With a tool like this, you can eliminate multiple trips out to the property or even have it fixed by the residents themselves.

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Property Management Property Manager Management Property 52

California Pacific Realty

AUGUST 14, 2024

This would encompass maintenance costs, such as repairs and routine upkeep, along with variable expenses, such as property taxes, which depend on the location. Other important costs that should be included in property accounting are utilities like water, electricity, and gas and insurance premiums covering various risks.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

FEBRUARY 8, 2025

Properly defining these elements protects everyones interests and facilitates smooth property operations. Financial arrangements: Common structures include gross leases, where tenants pay a fixed amount, and triple-net leases, where tenants cover property taxes, insurance, and maintenance.

Lease Agreement 52

Lease Agreement Real Estate Lease Landlord 52

MRI Software

SEPTEMBER 14, 2024

Plus, find out how real estate property management software can help when dealing with multifamily vacancies. Multifamily vacancy rates measure how many units in a property are unoccupied compared to the total number of units. What are multifamily vacancy rates?

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Rental Income Tenant Real Estate Property Management Property Management Software 52

Appfolio

AUGUST 7, 2020

From collecting rent to facilitating repairs, as a property or community association manager, you juggle a lot when it comes to managing your business’ operations. Staying On Top of Property Maintenance. How to Provide Superior Property Maintenance Service. Maintenance Checklists by Season.

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Property Maintenance Maintenance Single-Family Home Property 363

Buildium

APRIL 3, 2025

Use this home maintenance checklist to prepare your properties for the months ahead, make any repairs caused by the past season, and get ahead of common maintenance issues in the spring and summer. Spring is the perfect time to address regular maintenance and prepare your property for the upcoming warmer weather.

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Maintenance Property Management Property Manager Management 236

Buildium

MAY 21, 2025

Maintenance and repair markups : A surcharge for acting as a general contractor on maintenance itemsusually a percentage of the total property maintenance bill. This is especially useful if you dont have an in-house maintenance team and you use vendors to coordinate maintenance and repairs.

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Property Management Property Manager Management Property 236

Buildium

MAY 21, 2025

You can also use a property management software solution to create custom reports that help you analyze wins and losses and plan for growth in the future. Be sure to evaluate occupancy rates in the context of other property management KPIs. 5: Average Arrears You should always be trying to minimize arrears.

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