Buildium

MAY 29, 2025

Think of it like this: all the tasks still get doneleasing, rent collection, maintenance coordination, owner reportingbut the work happens from laptops, mobile devices, and cloud-based platforms. The Drawbacks and Challenges of Running a Virtual Property Management (and How to Avoid Them) Virtual property management isnt without hurdles.

Property Management

Buildium

JUNE 9, 2025

Review their software platforms, vendor agreements, and maintenance processes. Legal and Compliance Review Bring in a legal expert familiar with property management to review contracts, lease agreements, vendor obligations, and any pending disputes. Analyze staff roles, tenure, and compensation.

Property Management

MRI Software

JULY 1, 2025

Conduct regular property inspections and maintenance Routine inspections help identify small issues before they turn into major disasters. Get ready technically: Move critical systems to the cloud with MRI Software Using residential property management software ensures that critical data is secure and accessible from anywhere.

Insurance

Rental Housing Journal

JUNE 23, 2025

In the 10 worst states to be a landlord, it can be tough between taxes, tenants who don’t live up to their lease agreements, maintenance woes, and the cost of maintaining a property. TurboTenant , a property-management software company, compiled the 10 worst states in which to be a landlord based on those factors and more.

Landlord

Avantio

JULY 7, 2025

Orlando Requires a Home Sharing permit if renting part of a home (owner present), or a Commercial Dwelling Unit permit to rent the entire property. Permitted rentals must have a Business Tax Receipt and Resort Tax account , and display both numbers in all public listings. Tampa Requires a city-specific STR permit.

Property Management

Beyond

JUNE 11, 2025

While it's easy to get bogged down in the details of furnishing the space or creating great listings, there is another aspect of your rental property you should consider - automating it. Smart Locks Behind every successful short-term rental property is a well-functioning and secure smart lock. Check out our list here.

Property Management Software

Buildium

APRIL 3, 2025

Even if your properties havent experienced an especially cold winter, youll want to use this time to prepare for whatever weather events lies ahead, be those heavy rains, the beginning of drier wildfire-prone months, or tornado season. Of course, if youve winterized your property last season, much of this checklist will be a walk in the park.

Maintenance

Buildium

APRIL 8, 2025

But some of it has to do with how you present your applications and how you communicate with applicants, as well. An effective property management software solution will include customizable digital applications that you can link to your listings as well as your website. A lot is accomplished by going digital.

Applications

Fourandhalf

AUGUST 22, 2024

There are many different factors at play when choosing the best property management software for your company: your growth plans, how your company is structured, and what types of properties you manage. The property management industry has changed. There’s a pre-sale function and a post-sale function.

Property Management Software

Real Property Management Chicago

NOVEMBER 22, 2024

Remote work actually changes how property managers operate, from overseeing property maintenance to interacting with renters. Previously, responsibilities requiring a property manager to be in person, ranging from maintenance to inspections and beyond, can now be achieved remotely.

Property Management

Buildium

DECEMBER 26, 2024

Weve unpacked each of these areas below with specific tools and recommendations that can help you up your service game and present your results in the best possible light. Collecting Dues and Fees First and foremost, HOA board members want community managers to streamline the collection of dues and fees for them.

Management

Buildium

NOVEMBER 12, 2024

And that’s exactly where property management software can prove invaluable. By keeping logs of all your finances, work orders, rental histories, and other vital information in one place, the right software can help you take a bigger picture view of your business and spot areas where you can be more efficient.

Property Management

Condo Control

MAY 8, 2025

Property management companies have witnessed two notable shifts over the past few years: People care, not property care, has become a top priority Money is at the center of every discussion These two changes have forced companies to assess what they can do to maintain a high level of service without stretching themselves too thin.

Property Management

MRI Software

DECEMBER 14, 2023

Multifamily property management software has transformed property management operations. This software enables property managers to streamline daily tasks, effectively manage revenue and expenses, and enhance tenant satisfaction.

Property Management Software

Propertyware

OCTOBER 18, 2021

Using the right software can solve many of the most common problems larger property management firms face. Problem 1: No Clear View of All Locations at the Corporate Level Meeting with location managers on a regular basis can mean a huge time commitment. Your managers spend time putting those presentations together, too.

Property Management Software

Buildium

JANUARY 6, 2025

This includes everything from budget approvals and maintenance projects to resolving disputes and planning community events. Youll need to coordinate with board members and homeowners, addressing their concerns and presenting relevant information.

Management

American Apartment Owners Association

AUGUST 30, 2024

Consider these six strategies to optimize for efficiency: Conduct a Thorough Expense Analysis: This involves reviewing all expense categories, like utilities, maintenance, marketing, and others line by line to pinpoint opportunities for cost savings. Expense management software can streamline this process and help identify trends over time.

Lease

American Apartment Owners Association

DECEMBER 2, 2024

Additionally, this type of investment guarantees a consistent cash inflow due to the ever-present demand for rental housing, positioning it as a resilient option against market fluctuations. Property Analysis: Evaluate the property’s condition, rental income potential, and overall profitability.

Real Estate

Beach Front Property Management

SEPTEMBER 25, 2024

Protection Against the Unexpected Collecting and processing rent manually demands significant time and effort from property owners. Without property management software , you need to be present to handle payments. Beach Front Property Management effectively bridges the gap between residents and property owners.

Rent

BetterWho

SEPTEMBER 21, 2024

Shift in Client Expectations: These changes may lead clients to expect similar flexibility from property management companies, impacting standard pricing structures. Implications for Property Managers: The shift could result in fewer tenants and clients, presenting challenges for property management.

Property Management

Tokeet

AUGUST 12, 2024

Bureau of Labor Statistics , employment of property managers is projected to grow 7% from 2020 to 2030, reflecting the ongoing demand for skilled property managers in this field. Property management is a dynamic and rewarding field that offers various opportunities in real estate.

Property Management

MRI Software

DECEMBER 9, 2023

Utilizing multifamily property software can also assist tenants in sharing their concerns. Tenants can submit maintenance requests, emergency issues, or other complaints through the resident portal. Promptly addressing and resolving the problem will demonstrate your commitment to their satisfaction in your multifamily property.

Tenant

MRI Software

DECEMBER 12, 2023

Understanding multifamily properties in today’s real estate market is essential for investors and property managers. For investors, these properties present lucrative opportunities for diversifying portfolios and securing long-term income streams. What is a multifamily property?

Single-Family Home

MRI Software

AUGUST 3, 2024

A high rate indicates strong tenant satisfaction and effective management, reducing turnover costs and the need for new renters. Maintenance Costs Includes all expenses related to property upkeep and repairs, such as fixing leaks, replacing air filters, and landscaping. Asset Management KPIs 1.

Property Management

MRI Software

FEBRUARY 3, 2025

Watch for unusually high operating expenses, such as utilities or maintenance, that could indicate inefficiencies. These steps are essential when determining what questions to ask when buying a multifamily property, helping you make confident, data-driven decisions. Are there any pending repairs or renovations needed?

Property

MRI Software

AUGUST 1, 2024

Hands-On Involvement and On-Site Presence Active property managers take on responsibilities akin to those of a landlord. Benefits of Active Property Management Engaging in active property management demands significant time and attention.

Property Management

McKee Properties

FEBRUARY 10, 2025

A good property manager not only maintains the financial health of your property but also ensures tenant satisfaction by handling day-to-day tasks such as rent collection, maintenance, and compliance. A property manager efficiently handles these processes, saving you time and effort.

Property Management

InveServe

MAY 16, 2024

In the busy city of El Monte, California, the multifamily property market presents unique opportunities and challenges for landlords and real estate investors alike. As such, several key factors contribute to the success of multifamily property management in El Monte.

Property Management

MRI Software

SEPTEMBER 18, 2023

From office buildings and retail spaces to industrial complexes and leisure facilities, effective commercial property management is crucial for maximizing value, ensuring tenant satisfaction, and maintaining profitability. That’s why MRI Software develops smart solutions for the property sector.

Commercial Property Management

MRI Software

FEBRUARY 8, 2025

Financial arrangements: Common structures include gross leases, where tenants pay a fixed amount, and triple-net leases, where tenants cover property taxes, insurance, and maintenance. They also provide opportunities for tenants to negotiate future control or ownership of the property.

Lease Agreement

Second Nature

JANUARY 29, 2025

Consider how you want to charge for listing and leasing services, big-ticket maintenance items, and more. What should a property management business plan include? The information presented in this section needs to read like it is designed for investors and should highlight key terms and concepts they care about.

Property Management

Propertyware

JANUARY 6, 2022

Here are some of the most important rental owner and resident service trends property managers across the country expect to stick with us in 2022. On the Owner Side Rental owners, overall, looked to their property managers to take on a larger role, beyond rent collection and maintenance.

Property Management Services

MRI Software

MARCH 12, 2024

From late rent payments to property damage, noise complaints, or even legal disputes, the challenges presented by troublesome tenants can disrupt the harmony of any rental property and create significant headaches for those responsible for its management.

Tenant

Thanks For Visiting

NOVEMBER 12, 2024

Consider these tips when using OTAs: Utilize a property management software like Hostfully for seamless listing integration. This allows you to manage bookings and communication efficiently across all platforms from a central dashboard. Property Management Software (PMS) Optimization Ensure you use a robust PMS.

Airbnb

MRI Software

DECEMBER 13, 2024

Managing the increased complexity of additional units can feel overwhelming, but the right tools can simplify the process. Multifamily property management software streamlines tasks like rent collection, lease tracking, and maintenance requests, making it easier to manage ADUs alongside your existing units.

Single-Family Home

MRI Software

DECEMBER 4, 2023

Multifamily property management software can be a valuable tool when you need to evict multifamily tenant. This software helps you maintain meticulous records of lease agreements, rent payment history, and all communication with tenants. If the court rules in your favor, an eviction order will be issued.

Lease Agreement

MRI Software

JUNE 2, 2024

MRI Software are leaders in innovative real estate software and in this article, we explore how AI is reshaping residential property management software and real estate CRM solutions. Tasks such as document processing, scheduling appointments, and managing communications are handled seamlessly by AI systems.

Real Estate