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Leasing and property management: How to allocate resources for success

Buildium

As a property manager, leasing is always a top priorityafter all, without tenants, theres no income. But a successful property management strategy goes beyond filling vacancies. This means balancing leasing with maintenance, tenant relations, financial management, and legal compliance. However, leasing doesnt stop here.

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Best practices for expanding your property management portfolio into new markets

Buildium

Diversifying Income Streams The more properties and property types you manage, the more diversified your income stream. For example, by expanding from residential properties to commercial properties, you can protect yourself from downturns in either submarket. Not sure where to find them?

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Choosing an apartment management certification: Tips and comparisons

Buildium

This detailed guide covers everything residential property managers need to know about apartment management certification. Expand Knowledge and Build Skills Certification programs cover topics such as fair housing laws, leasing strategies, maintenance oversight, financial management, and tenant relations.

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Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

But here's the real kicker—not all property management is created equal. The differences between commercial property management and residential property management go deep enough to shape nearly every decision you make as a property owner or manager. Rent collection also varies significantly.

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Is Rental Income Taxable? What Landlords Should Know

Bay Property Management Group

Many landlords ask, ‘is rental income taxable?’ ’ Whether you’re renting out one property or several, understanding taxes is crucial for your business’s health. So, not everything you receive as a landlord is taxedit depends on how you use it. years for residential properties.

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Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

Tim Wehner is a former president of the National Association of Residential Property Managers (NARPM ). While hes no longer on the National Board of Directors, his experience in property management and expertise on all things NARPM make him a valuable source of information. Advocacy has also become a bigger focus.

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Are Pet Deposits Refundable? What You Need to Know

Bay Property Management Group

Thats why landlords often ask for pet depositsto protect their property in the event Fido goes a little too far. Pet deposits are basically a landlord’s safety net, a form of informal “insurance.” Once the dust settles and your lease has finished, are pet deposits refundable? What Are Pet Deposits?