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Best practices for expanding your property management portfolio into new markets

Buildium

Before breaking into a new market, research its local landlord-tenant regulations, rent control laws, eviction policies, licensing requirements, and other relevant restrictions. Utilizing Property Management Software Comprehensive property management software lets you centralize operations across multiple markets on a single platform.

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How to Budget for Utilities and Hidden Rental Costs

Real Property Management Enterprises

From utilities and security deposits to having the proper insurance, spending can accumulate quickly. This article will talk about exciting details about the cost of renting, utilities for renters, and more. While utility costs and expectations may differ, some apartments may include utilities in the rent.

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How Vendor Relationships Can Improve Your Property Management Operations

Real Property Management Evertrust

Whenever attainable, check with vendor past clients and local licensing boards. To simplify collaboration with vendors, consider utilizing property management software or seeking a vendor that provides user-friendly technology solutions for work requests and tracking. Always maintain your communication professional, on time, and clear.

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

American Apartment Owners Association

Modern high-efficiency units (SEER 15+) use advanced variable-speed technology and smart compressors to reduce energy waste, dramatically lowering monthly utility costs. Lastly, newer models can provide more consistent temperature control through improved airflow design and often qualify for valuable energy rebates from local utilities.

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

Buildium

Lower Overhead No rent, utilities, or office furniture. register your business, and get the proper licensing based on your state or local laws. The Core Benefits of Running a Virtual Property Management Company Switching to a virtual model (or starting one from scratch) can transform how you operate. Leasing only?

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Top 5 Appliance Repairs Every Landlord Should Be Prepared For and How to Handle Them

American Apartment Owners Association

But compressor issues or refrigerant leaks demand licensed HVAC pros. While replacing, consider energy efficiency—newer appliances lower utility bills and improve tenant satisfaction. Worn compressors, refrigerant leaks, clogged coils, or dirty filters reduce cooling and hike energy bills. Clean filters regularly.

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Everything you need to know about apartment management in 2025

Buildium

Partner with licensed plumbers, electricians, and HVAC professionals. Create a detailed monthly budget covering maintenance, staffing, utilities, marketing, taxes, insurance, and office operations. Verify licenses and insurance before work begins. Standardize unit inspections to identify recurring issues early.