Buildium

JULY 2, 2025

Over time, staying on top of maintenance metrics leads to properties with fewer surprises, more satisfied tenants, better relationships with vendors, and a stronger bottom line. A fast initial response builds trust with tenants and reduces frustration, even if the repair takes time.

Property Maintenance

Buildium

JULY 30, 2025

Before breaking into a new market, research its local landlord-tenant regulations, rent control laws, eviction policies, licensing requirements, and other relevant restrictions. A highly regulated market can make it harder to run a profitable property management business, but it can also set clear expectations.

Property Management

Buildium

JUNE 16, 2025

Examples: A lease is signed, a payment is late, a tenant submits a request. Once you understand this structure, you can apply it to dozens of areas across your property management operations. Tenant Move-In and Move-Out Workflows Tenant turnover is one of the most process-heavy parts of property management.

Property Management

Buildium

MARCH 19, 2025

Expense Categorization: Rental property software often includes features that automatically categorize expenses into different areas, such as repairs, utilities, or management fees. This helps you keep an accurate record of where money is being spent, making it easier to manage costs.

Rental Property

Buildium

JUNE 25, 2025

Apartment management demands a careful balance of tenant satisfaction, building upkeep, financial control, and regulatory compliance. Luckily, the same principles apply: keep units occupied, tenants engaged, operations running efficiently, and finances under control. Tenant retention begins when the lease is signed.

Apartment Management

American Apartment Owners Association

JANUARY 29, 2025

Your needs and goals as a business owner will influence your decision, but ultimately, one software stands out as the best landlord accounting software in 2025: Ledgre. Ledgre is an accounting software built specifically for managing rental properties. Thats where property management software comes in.

Landlord

Buildium

JUNE 16, 2025

Customize workflows by property or team member, assign priorities, and link vendor contacts or maintenance manuals. Key takeaway: Automated checklists reduce errors, support compliance, and keep properties well-maintained with less manual oversight. Integrate tenant payments, vendor bills, and payroll into unified ledgers.

Property Management

Buildium

MARCH 19, 2025

Understanding Rental Income The first step in getting a handle on tax accounting for rental property is understanding exactly what counts as rental income and expenses. Rental income includes all the payments you receive from tenants. Operating Expenses Operating expenses are the costs of maintaining and managing your rental property.

Rental Property Management

Buildium

JUNE 16, 2025

Some advanced systems use optical character recognition (OCR) or artificial intelligence (AI) to extract key details from contracts or inspection reports, speeding up processes such as tenant screening or vendor evaluations. Managers save time by automating document collection and verifying tenant information electronically.

Property Management

Rentec Direct

MAY 16, 2025

The most important rental property marketing tips include advice on following landlord-tenant laws, maximizing exposure, defining rental criteria, tracking tenant leads, and utilizing pre-screening tactics.

Landlord

Buildium

MAY 29, 2025

The Core Benefits of Running a Virtual Property Management Company Switching to a virtual model (or starting one from scratch) can transform how you operate. Lower Overhead No rent, utilities, or office furniture. This can make some tenants or owners uneasyespecially if they expect an in-person presence.

Property Management

Buildium

JUNE 12, 2025

Property maintenance is also a central part of what keeps tenants satisfied, costs under control, and your properties as safe and profitable as possible. They often come with mobile capabilities so managers, tenants, and vendors can communicate and act quickly, especially when on the go.

Maintenance

Buildium

APRIL 16, 2025

Its no secret that rental maintenance requires careful coordination with tenants, vendors, and owners. This gives you a preliminary maintenance management workflow you can improve over time. How do you take a tenants ticket from submission to resolutionwithout letting anything fall through the cracks?

Maintenance

Buildium

JANUARY 22, 2025

Theres a lot of strategies out there, and some may be better suited for your company and management style than others. Weve compiled more than two dozen proven strategies you can choose from to win new clients, find the perfect tenants, and grow your business.

Property Management

Buildium

MAY 27, 2025

Faster Response Times: In-house teams can respond to issues more quickly, minimizing disruption to tenants and reducing the risk of more serious damage to properties. Improved Quality: In-house teams develop a deeper understanding of your properties and their specific maintenance needs.

Maintenance

MRI Software

FEBRUARY 11, 2025

Lease audits provide a clear understanding of tenant agreements and ensure compliance with legal and property guidelines. By conducting regular audits, you can safeguard your income and avoid costly disputes with tenants. Regular audits ensure your property runs smoothly and remains profitable.

Lease

Buildium

JANUARY 22, 2025

Digital marketing might just be the most common and accessible way that property managers can reach prospective owners and tenants. By improving your website’s visibility, you can attract more organic traffic and potential tenants. So how do you choose the ones to focus on?

Property Management

Rental Housing Journal

MARCH 24, 2025

“Our ELI+ offerings are transforming how property managers utilize AI within their operationsenabling smarter workflows, automating complex processes, and delivering highly personalized resident experiences,”said Catherine Wong, Chief Operating Officer at Entrata, in a release.“Entratas

Property Management

Avantio

JULY 14, 2025

We’re here to steer you in the right direction, ensuring your choices resonate with both your needs and the desires of potential tenants. Booking.com utilizes a commission-based model. Every platform has its distinct set of benefits and standout features. Schedule a call Interested?

Airbnb

Buildium

JUNE 23, 2025

Installing smart thermostats, keyless entry systems, leak detectors, and energy-efficient lighting can: Reduce utility costs Attract tech-savvy tenants Increase rental value Upgrades like these are relatively low-cost and easily installed by a trained maintenance team, offering a high ROI for both owners and managers.

Maintenance

Buildium

JUNE 28, 2025

Answer frequently asked questions from tenants using chatbots. Stage property listing photos and virtual tours with digital furniture and decor. Lower utility costs by adapting usage to outside temperatures and conditions. However, property managers should take steps to protect sensitive data and respect tenants’ privacy.

Property Management

American Apartment Owners Association

JANUARY 9, 2025

Rental business owners frequently keep tight budgets, balancing operating expenses like insurance and utilities with unexpected repairs and even long-term capital investments. If this sounds familiar, you might assume property management software is just another expense eating into your profits.

Property Management Software

American Apartment Owners Association

JANUARY 9, 2025

Rental business owners frequently keep tight budgets, balancing operating expenses like insurance and utilities with unexpected repairs and even long-term capital investments. If this sounds familiar, you might assume property management software is just another expense eating into your profits.

Property Management Software

American Apartment Owners Association

DECEMBER 16, 2024

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

Yardi Breeze

DECEMBER 6, 2024

We get a lot of questions from property managers about Yardi Breeze and Yardi Breeze Premier. To help you out, we assembled a list of common property management software FAQs below. This lets tenants mail checks to a lockbox that Yardi sets up and monitors on your behalf. We love it!

Property Management Software

Real Property Management Evertrust

JANUARY 9, 2025

The advancement of modern tech has rendered property management more efficient, accessible, and responsive, from automating routine tasks to enhancing tenant communication. Continue reading to uncover the key technologies revolutionizing rental property management and defining the industry’s future.

Property Management

Real Property Management Chicago

NOVEMBER 22, 2024

Previously, responsibilities requiring a property manager to be in person, ranging from maintenance to inspections and beyond, can now be achieved remotely. In the near future, virtual assistants may even be able to perform tasks such as tenant screening, contract drafting, and much more.

Property Management

Buildium

DECEMBER 30, 2024

For example, you can deduct the rent and utilities you spend for an office or other workspace outside of your home. Mistake #3: Setting Up Your Banking Structure Incorrectly Property managers have to be very careful when setting up their banking structure. For business meals, however, you can only deduct 50% of the total cost.

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

MRI Software

AUGUST 5, 2024

Tenants today are looking for more than just a place to live. As a landlord or property manager, it’s essential that you meet these multifamily housing trends to attract and retain tenants. Integrating smart home devices and utilizing advanced residential property management software is now a standard expectation.

Tenant

Real Property Management Chicago

JUNE 24, 2022

Suppose you’re a single-family Palatine rental property owner. In that case, you have to find tenants, keep track of payments and repairs, and manage all the other aspects of owning and managing rental property. Wouldn’t it be nice if there was an approach to make this process easy and worry-free?

Rental Property

MRI Software

MARCH 6, 2024

Managing utilities in a multifamily property can be a complex task for landlords and property managers. You might face the challenges of fair cost distribution and encouraging energy conservation among tenants. But what is a ratio utility billing system? How does a ratio utility billing system work?

Utilities

BetterWho

OCTOBER 28, 2024

Invest in Property Management Technology Technology plays a pivotal role in maintaining efficiency as your business grows. Implementing the right property management software can help automate processes, reduce manual work, and improve both tenant and owner satisfaction.

Property Management

BetterWho

OCTOBER 4, 2024

This isn’t just another regulatory issue; it sets new expectations for transparency, tenant relations, and operational fairness. If you’re a property manager, this lawsuit serves as a stark reminder of the growing scrutiny on how property management companies handle tenants and fees.

Property Management

American Apartment Owners Association

DECEMBER 2, 2024

Consider these factors: Proximity to Amenities: Properties near schools, parks, shopping centers, and public transportation tend to attract more tenants. Economic Stability: Invest in areas with a stable job market and economic growth, as this will ensure a steady stream of potential tenants.

Real Estate

American Apartment Owners Association

NOVEMBER 27, 2024

One of the most direct ways to increase net operating income (NOI) is through smart expense management. This might include renegotiating contracts with service providers, improving energy efficiency to lower utility costs, or reducing vacancy rates by building strong relationships with tenants.

Real Estate

American Apartment Owners Association

DECEMBER 2, 2024

Research is Key Begin by scouring listings and identifying potential multifamily property for sale that aligns with your investment goals. Utilize online resources, engage with real estate professionals, and participate in forums to deepen your understanding of the multifamily landscape.

Real Estate