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How property managers can expand their business by acquiring other property management companies

Buildium

Growing a property management company traditionally means building a strong local reputation, gradually attracting new clients, and expanding door count over time. Many property managers today are choosing another way to grow: acquiring other property management companies. Why Acquire Another Property Management Company?

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How to start and run a virtual property management company: The benefits, drawbacks, and what to know

Buildium

In a post-pandemic, tech-enabled world, the term virtual property management company has moved from experimental concept to a proven business model. In this guide, well explore what it really means to run a virtual property management company, how it works, what the key benefits and tradeoffs are, and what to consider before making the leap.

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PART 1: Why the Vendor Bidding Process Is Broken (and What It’s Costing Property Managers)

Fourandhalf

Its been a long time since we put out an episode of The Property Management Show and today were excited to talk with RoDevia Brigham, the founder and CEO of Proposabid. Their niche client base is property management companies, real estate investors, and mom-and-pop investors. Are they in a database for licensing and insurance?

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6 proven ways to prevent rental fraud at your multifamily properties

Yardi Breeze

Application fraud detection in property management is always a priority, but its an even bigger issue given that so many interactions occur now online. And given that property managers spend an average of $7,500 per eviction, it can be costly to not take every measure to prevent rental fraud. Its been done successfully for many years.

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20 Ways New Managers Lead, Rather Than Supervise

Forbes Business Council

for Forbes Business Council COUNCIL POST Expertise from Forbes Councils members, operated under license. for Forbes Business Council COUNCIL POST Expertise from Forbes Councils members, operated under license. All Rights Reserved. Opinions expressed are those of the author.

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HVAC Repairs Vs. Replacement: How To Decide What’s Best For Your Apartment

American Apartment Owners Association

Advanced features like smart zoning and remote temperature management via smartphone apps can further enhance convenience while eliminating the clatter of outdated equipment. By keeping the information presented above, you can ensure the best decision for your immediate HVAC needs and future savings.

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Society Parking Management: A Comprehensive Guide to Organized Parking Solutions

ADDA

From disputes over allocated slots to the frustration of unauthorized vehicles taking up space, ineffective society parking management can disrupt the harmony of even the most well-planned communities. Effective society parking management helps address such incidents swiftly. Protocols for managing visitor parking to prevent overlaps.