Remove Management Remove Property Maintenance Remove Property Management
article thumbnail

Effective asset management property maintenance: Strategies for property managers

Buildium

Property maintenance plays a pivotal role in asset management, protecting a propertys long-term profitability and keeping tenant satisfied and turnover low. However, maintenance is far from the only responsibility property managers face.

article thumbnail

The role of property maintenance management systems in successful property management

Buildium

As a property manager, you already know that keeping things running efficiently is no small task. Managing tenants, overseeing budgets, coordinating repairs, and maintaining the property can quickly become overwhelming without the right tools. This is where property maintenance management systems come into play.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Residential Property Maintenance Metrics and Improving NOI (with Ray Hespen)

Fourandhalf

Ray Hespen, who is a frequent flier on The Property Management Show, joined us again to discuss maintenance metrics and how measurement improves resident satisfaction and owner NOI. The last time he was on the podcast, in late 2023, his team was just beginning to establish this concept of maintenance analytics.

article thumbnail

3 companies turning rental property maintenance on its head—and how to start benefiting from them

Buildium

Property maintenance might just be one aspect of property management—but when it’s mismanaged, the consequences can snowball fast. Using property maintenance software is a surefire way to stay ahead of these issues—and there are a few companies out there that make doing so easier than ever.

article thumbnail

Top 10 property maintenance metrics every property manager should track

Buildium

Efficient property maintenance doesn’t happen by accident. It’s driven by data—and that starts with tracking the right maintenance metrics. Read on to learn more about why measuring maintenance data matters, the top 10 key metrics to monitor, and software tools to make tracking them easier.

article thumbnail

Property maintenance management workflows 101: Setting up a system that meets your maintenance needs

Buildium

We sat down with property management and process solutions consultant Kelli Segretto of K Segretto Consulting to tap into her 20+ years of experience within multifamily, single family, and LIHTC property management. Start by documenting how youre currently handling property maintenance. two weeks).

article thumbnail

Understanding and managing rental property maintenance emergencies—before it’s too late

Buildium

In the property management business emergencies are inevitable. Your approach can significantly impact the profitability of each property in your portfolio, tenant satisfaction, relationships with your clients, and compliance with legal obligations. Assessment Evaluate the severity of the issue.