article thumbnail

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

Fourandhalf

No one wants to turn a property when maintenance costs are higher and rents are holding or even compressing. When youre driving investor retention, a property manager needs to look at resident retention and annual maintenance spend per unit. In 2022, a property manager could rent a home sight unseen.

article thumbnail

Best simple lease agreement templates for residential properties

Yardi Breeze

Built by Yardi, RentCafe Lease Docs integrates seamlessly with any of our property management systems. This integration automates data entry, including tenant names, unit numbers and rent amounts. RentCafe Lease Docs offers the reliability, affordability and simplicity that property managers look for from a software provider.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

Tim Wehner is a former president of the National Association of Residential Property Managers (NARPM ). While hes no longer on the National Board of Directors, his experience in property management and expertise on all things NARPM make him a valuable source of information. Advocacy has also become a bigger focus.

article thumbnail

11 benefits of automation in property management

Buildium

The property management industry has changed a lot in recent years. Today, automation stands out as one of the best tools residential property managers can use to improve their operations and enhance residents’ experiences. For example, residents who get rent reminders via text tend to pay on time.

article thumbnail

Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

But here's the real kicker—not all property management is created equal. The differences between commercial property management and residential property management go deep enough to shape nearly every decision you make as a property owner or manager. Rent collection also varies significantly.

article thumbnail

Best practices for expanding your property management portfolio into new markets

Buildium

Diversifying Income Streams The more properties and property types you manage, the more diversified your income stream. For example, by expanding from residential properties to commercial properties, you can protect yourself from downturns in either submarket.

article thumbnail

A practical guide to property leasing & management

Buildium

As a residential property manager, your role bridges the gap between property owners and tenants, and how well you manage this connection can shape the experience of everyone involved. In this post, well walk you through the key areas of property leasing & management. You dont want them second-guessing any clauses.