Remove Lease Remove Property Remove Utilities
article thumbnail

Property managers, here are the 5 top leasing trends of 2025

Buildium

Despite shifting market conditions, the property management industry continues to grow at a stellar rate. According to Buildiums 2025 Property Management Industry Report , 82% of the management companies we surveyed experienced portfolio growth within the last two years. Here are the top six trends weve identified for this year.

article thumbnail

How to Budget for Utilities and Hidden Rental Costs

Real Property Management Evertrust

From utilities and security deposits to holding the proper insurance, spending can quickly add up. Let’s check out what you need to learn about the cost of renting, utilities for renters, and more. The goal of a security deposit is to protect the landlord from financial problems in the event of property damage or other expenses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are Utilities Included in the Rent, Explained

Bay Property Management Group

Rent prices are always changing, and having utilities included might seem like an easy way to keep things simple. But are utilities included in rent? Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). Read below to learn more. So, be careful.

article thumbnail

8 practical use cases for AI in property management that you can try today

Buildium

Property managers are under pressure to do more with lessfrom labor shortages to rising costs. What Is AI in Property Management? In property management, these abilities are used to optimize workflows that would otherwise take longer. If you automate too much, you could end up losing business.

article thumbnail

Rental leasing software: A game-changer for residential landlords

Buildium

Tracking payments, handling lease agreements, responding to tenant inquiries, and staying on top of maintenance requests often leads to a never-ending cycle. Rental leasing software can transform the way landlords manage their businesses, making tasks easier and faster to complete. Landlords can review and approve them in real-time.

article thumbnail

How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Lease renewals and rent adjustments are one of the most challenging aspects of property management. Numerous factors could lead to complications, rendering them difficult for both property owners and renters. Here are some innovative strategies for lease renewals and rent adjustments that are fair and financially effective.

article thumbnail

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. If commercial real estate rents dip, your residential properties can buoy you up (and vice versa).