article thumbnail

12 proptech trends property managers should know in 2025

Buildium

The property management world changes quickly as technology moves forward. Keeping up means learning about the latest proptech trends shaping how we manage, lease, maintain properties, and engage tenants. Unlike basic 3D models, digital twins pull in live data, giving you a real-time window into your propertys performance.

article thumbnail

Are REITs a Good Investment: Pros and Cons

Bay Property Management Group

Real estate has always been seen as a solid way to build wealthbut not everyone has the time (or patience) to deal with tenants, property maintenance, and big upfront costs. They let you invest in these income-generating properties without having to deal with tenants or maintenance yourself. Thats where REITs come in.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Understanding Fair Notice Periods: A Landlord's Guide to Smooth Evictions

Property Management Inc.

This period is the time you're legally required to give your tenant before filing for an eviction case. It allows tenants the opportunity to pay rent, correct lease violations, or leave voluntarily before the situation escalates. Some properties require a 60-day notice, as specified in state-specific agreements.

article thumbnail

8 Ways Property Owners Can Enhance the Resident Experience

Beach Front Property Management

Provide Exciting Incentive Programs Incentive programs bring resident engagement to the next level, giving property managers a powerful way to encourage positive resident behavior, strengthen the community, and make the property more appealing to future tenants.

Property 130
article thumbnail

Commercial real estate risk management: A strategic approach for investors

MRI Software

These risks can directly impact the property’s cash flow, tenant satisfaction, and overall profitability. Common operational risks include: Property maintenance issues: Poor or delayed maintenance can lead to costly repairs, tenant dissatisfaction, and potential legal liabilities.

article thumbnail

Complete Guide to Apartment Building Insurance

Rental Housing Journal

Due to the nature of this business, you have more liability and will want to ensure your policy has these essential coverages: General Liability Commercial Property Business Income (Loss of Rents) Ordinance & Law General Liability Insurance General Liability Insurance is a must-have for any business, especially an apartment complex.

article thumbnail

Building a diversified real estate investment portfolio to minimize risk

MRI Software

Diversified real estate investments across different property types can protect your portfolio. Diversification by property type also allows you to tap into different tenant groups. For example, residential properties cater to individual tenants or families. Commercial properties cater to businesses.