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Tips to Minimize Tenant Turnover

American Apartment Owners Association

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

Tenant 246
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How to Keep Your Tenants Safe

American Apartment Owners Association

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

Tenant 246
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8 practical use cases for AI in property management that you can try today

Buildium

For example, property managers can now use natural-language processing chatbots to resolve common tenant issues, machine learning algorithms to predict maintenance issues, and computer vision to offer virtual tours to rental applicants. This leads to faster response times and increased availability for tenants.

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Ask Landlord Hank: If Heater Goes Out in My Rental, Should I Give Tenants Credit While Awaiting Repair?

Rental Housing Journal

If the heater goes out in my rental should I give tenants credit while awaiting the repair is the question this week for Ask Landlord Hank. If you provided or if the tenants had space heaters and could remain comfortable that way then I wouldn’t do anything, unless they complain or ask, and then I would consider their request.

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How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Several Factors Influence Vacancy Rates – Population growth, rental pricing, and the local job market play key roles in determining how easily a property can attract tenants. Proactive management, market research, and tenant-focused practices help keep occupancy rates high and rental income steady.

Landlord 147
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The Ultimate Move-In Checklist for Property Managers

Buildium

Moving into a new rental property can be an exciting experience for tenants, but it can also be stressful. Coordinating the move, getting the keys, signing the lease, and making sure the unit is in good shape before move-in are all high priorities. What Is a Move-In Checklist? Why Is a Move-In Checklist Important?

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Is It Time for Property Management Software? Here’s How to Tell

American Apartment Owners Association

Managing properties whether its a few rental units or a growing portfolio takes a lot of time, organization and resources. Automated maintenance requests keep vendors and tenants organized. Custom portals for tenants, vendors, and investors keep everyone in the loop. Rebate programs on maintenance and upgrades.