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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. Predictive Maintenance All properties suffer wear and tear over time, making repairs inevitable.

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How to find the best rental property accounting software for landlords

Buildium

Rental property accounting software offers landlords a practical way to handle these financial tasks. Whether you own a single rental unit or a large portfolio of properties, accounting software can help you manage your finances more effectively, reducing the stress associated with manual record-keeping.

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Everything you need to know about proptech: An advanced guide for property managers

Buildium

If youre managing rental units, commercial spaces, or mixed-use properties, a solid understanding of proptech and how to use digital tools effectively comes with the job description. Where managers once reacted to tenant calls or maintenance emergencies, proptech lets you act proactively, using real-time data and predictive insights.

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How To Get Rid of Ants in Your Apartment Naturally

Bay Property Management Group

Main Takeaways How to get rid of ants in an apartment naturally: Lofts : Open layouts with high ceilings and an industrial feelideal for creativity but less private and potentially higher utility costs. Apartments : Defined rooms, built-in storage, and better energy efficiencygreat for everyday comfort, privacy, and lower utility bills.

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Tips to Minimize Tenant Turnover

American Apartment Owners Association

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. Offer tiered rewards for tenant loyalty, such as exclusive perks or customized maintenance schedules.

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Condo vs Duplex: Which Should You Choose for Investing?

Bay Property Management Group

Duplex Benefits: Condos tend to be affordable and lower maintenance, with shared amenities managed by an HOA. On the other hand, duplexes typically offer better rental income potential and full ownership of the property. Meanwhile, you handle the inside of your unit. This means you can have a lower maintenance workload.

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What Is Phrogging in Real Estate?

Bay Property Management Group

Its more common than you might think and can happen even in vacant rental units. Signs to Watch For : Look out for unexplained noises, unlocked doors or windows, personal items that dont belong, or unexpected spikes in utility bills. Sometimes, it even happens in rental units that are sitting empty between tenants.