Bay Property Management Group

AUGUST 12, 2025

OpEx in real estate, short for operating expenses , refers to the ongoing costs required to keep a property functional and well-maintained. These are the routine, day-to-day expenses involved in managing and running your investment, such as utilities, maintenance and repairs, property management fees, insurance, and other recurring bills.

Property

BetterWho

AUGUST 8, 2025

Use property management software like PropertyMeld or AppFolio to track requests, timestamp completions, and automate tenant notifications. Incorporate a Renter’s Insurance Program Not only does renter’s insurance protect your business and tenants—it also signals professionalism and helps resolve disputes faster.

Tenant

Buildium

JUNE 25, 2025

Create a detailed monthly budget covering maintenance, staffing, utilities, marketing, taxes, insurance, and office operations. Define responsibilities for office managers, leasing agents, maintenance staff, and cleaning crews. Verify licenses and insurance before work begins. Provide training and evaluate performance regularly.

Apartment Management

Buildium

MAY 12, 2025

Where Software Can Help Managing maintenance efficiently takes the right tools. Purpose-built property management software can simplify the most time-consuming parts of the job. Instead, take the time to collect a vendors business license, proof of insurance, and other essential documents.

Maintenance

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 Manager

Buildium

MAY 15, 2025

You know properties arent always full, and unexpected repairs happen. List your expected rent income and subtract all expenses, such as your mortgage, taxes, insurance, maintenance, and vacancy periods. Step 6: Managing Your Properties Managing your own rentals doesnt have to be overwhelming.

Property Manager

Buildium

JUNE 12, 2025

Even the Pro plan remains landlord-oriented and lacks many of the operational features a property management company would need at scale. Features to Look for in Property Management Software When choosing property management software, certain features can have an outsized impact on your daily operations and long-term growth.

Property Management Software

Buildium

MAY 29, 2025

You dont have to: Dig through file cabinets Sort through email chains Ask your team who last had the document Leases, correspondence, work orders, receipts, insurance certificatesits all right there. Take a look at property management software options such as Buildium that let you start small and scale up over time.

Property Manager

Condo Control

JUNE 17, 2025

Property management software As a condo or HOA board member, your responsibility doesn’t stop at staying updated on new laws; it extends to ensuring residents in your community are informed as well. You can also refer to Condo Control’s article database for information about new and recent laws.

Compliance

Buildium

JULY 16, 2025

Risk Management and Safety: Implement security policies, manage insurance requirements, prepare for emergencies, and minimize liability. Leadership and Staff Management: Hire, train, evaluate, and motivate teams, fostering professional growth and performance.

Apartment Management

Rent Manager

AUGUST 4, 2025

If ensuring that all your residents have renters insurance is a difficult task for your team to manage, LeaseTrack can help. As Rent Manager’s built-in renters insurance solution, LeaseTrack allows your residents to secure the coverage of their choice, or to be added to a master policy via automated compliance tracking.

Compliance

Lula

MAY 27, 2025

Lula has officially partnered with Rent Manager, one of the nations leading property management software platforms, to deliver an AI-powered, seamless maintenance experience for single-family and multi-family property managers and owners nationwide.

Property Maintenance

BetterWho

JULY 24, 2025

If you plan to start a property management business , you may also need: A business license Trust account setup E&O insurance A clearly documented fee structure Step 4: Learn Property Management Software and Systems No matter where you work, tech is non-negotiable.

Property Manager

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

Buildium

JULY 16, 2025

Examples: Property Meld excels at automating maintenance communications, speeding up work order creation, and reducing tenant and vendor phone calls. All-in-One Property Management Software All-in-one platforms offer integrated solutions that cover leasing, accounting, tenant screening, communication, and maintenance management.

Maintenance

Buildium

JUNE 12, 2025

Our 6 Top Contenders for the Best Property Management Maintenance App We’ve covered the main benefits and features you should be looking for in property management maintenance software. An additional feature worth mentioning is their landlord insurance program, AssetProtect.

Maintenance

MRI Software

JULY 1, 2025

Financial and operational consequences for property owners Disasters don’t just damage buildings, they create financial stress and disrupt daily operations. Repairing structural damage, handling displaced tenants, and coordinating with insurers can quickly become overwhelming.

Insurance

Buildium

APRIL 16, 2025

If this is your first time working with them, check that you have all necessary contracts, insurance, and documents in place. With Buildiums all-in-one maintenance management platform, you can coordinate with tenants, vendors, and owners at every stage of the maintenance life cycle. Next, schedule the work with the selected vendors.

Maintenance

Thanks For Visiting

JULY 15, 2025

Insurance and Financials Your standard homeowner’s insurance policy likely does not cover commercial activities like a vacation rental business. You need to get a specific short-term rental insurance policy. This protects you from liability and property damage related to your hosting activities.

License

Buildium

APRIL 23, 2025

Insurance Requirements: Some landlords require tenants to have renters’ insurance. Lease Signing and Move-In Process In property management leasing, signing and move in should be an organized, professional experience. Include this in the agreement, so tenants know whats expected.

Lease

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

Avantio

JULY 14, 2025

Security deposits are managed through the AirCover insurance program, providing both property owners and travelers peace of mind throughout their stay. Schedule a discovery call with one of the team today Find out how our innovative property management solutions can help you achieve your full revenue potential.

Airbnb

Avantio

JULY 7, 2025

Our US-based team help our clients to keep on top of the latest vacation rental movements Find out how our property management system can help you achieve your full revenue potential - all while staying compliant. Schedule a call Interested?

Property Manager

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.

Airbnb

Thanks For Visiting

MAY 13, 2025

If you use property management software (PMS) or a guest communication platform, many allow you to set up automated responses or store secure notes. The smart hosts dont just plan for lock failuresthey protect their whole business with solid short-term rental insurance. This isnt the place to cut corners.

Manufacturing

Host Tools

MAY 1, 2025

These will likely include: Repairs and Maintenance (e.g.,

Airbnb

Buildium

APRIL 3, 2025

Prepare for Wildfire Season If your property is in a high fire hazard severity zone, your local fire department may conduct an inspection of your property for hazards before fire season begins. As an additional safeguard, have insurance in place along with vendor contracts prepped in the event of any fire-related damages.

Maintenance

Buildium

APRIL 8, 2025

An effective property management software solution will include customizable digital applications that you can link to your listings as well as your website. As one property manager told us, I love the transparency and accountability that electronic payments, screening, and lease applications provide between owner and tenant.

Applicants

Avantio

APRIL 2, 2025

Get Approved Airbnb reviews and vets all new experience listings for quality insurance. Reach out to local Airbnb property hosts to partner with and offer your services. Schedule a discovery call with one of the team today Find out how our innovative property management solutions can help you achieve your full revenue potential.

Airbnb

Hospitable

MAY 27, 2025

13 years ago, you didn't have property management software to facilitate your life, so it was costly to make those mistakes." You can always do direct bookings, but when managing other people's houses, you must do it safely. And if you wanted to work with one or more channels, you were out of luck.

Airbnb

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

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

Buildium

DECEMBER 30, 2024

Insurance Insurance you buy for your business, such as business liability or property insurance. If you have a home office, you can deduct some of your homeowner’s insurance. Having property management software with accounting features can help you do that.

Property Manager

Buildium

NOVEMBER 5, 2024

eFiling through property management software can make each step of the process easier, allowing you to fill out 1099s in minutes and get them postmarked the same day. This not only speeds up the process for property managers, but also reduces the time and effort vendors, owners, and other partners have to spend.

Property Manager

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. However, on its own, pulling all the data and putting the reports together can take hours of the community managers time.

Management

Rent Manager

DECEMBER 2, 2024

If ensuring that all of your residents have renters insurance is a difficult task to manage, start 2025 with more assurance and coverage with LeaseTrack—Rent Manager’s built-in, no-cost renters insurance solution.

Compliance

MRI Software

SEPTEMBER 7, 2024

Did you know that over 30% of insurance claims for multifamily properties involve some form of property damage? Multifamily property insurance is your first line of defense, covering everything from physical damage to liability claims and lost rental income. What is multifamily property insurance?

Insurance