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6 must-know industry trends for small property managers

Buildium

Like many small property managers, you probably want to grow your business. That means staying on top of industry trends and knowing where the real opportunities lieā€”all covered in the 2025 Property Management Industry Report. For small property managers, finding new customers can be challenging in a competitive market.

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Why Itā€™s Never Been Harder to Be a Landlord

American Apartment Owners Association

The role of a landlord has always come with its challenges, but as we move into 2025, it has arguably never been more difficult. A combination of high insurance costs, razor-thin margins, and outdated business models are pushing many landlords to the brink, forcing them to reevaluate their strategies.

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How a Month-to-Month Lease Agreement Works in Norfolk, VA

Osprey Property Management

Originally published September 2021. Rental property owners in Norfolk, VA, know it's important to understand how month-to-month lease agreements work. Unlike a long-term lease, a month-to-month agreement is automatically renewed unless either the tenant or landlord provides notice of non-renewal. Updated October 1, 2024.

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What to Do When Thereā€™s a Leak in Your Park Ridge Rental Home

Real Property Management Chicago

Report the issue to your landlord After controlling the water flow, you should call your landlord right away. Your landlord should be informed of what happened and what you’ve done to fix the problem. By calling your landlord, you can coordinate to get the leak repaired and address any other damage in the home.

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Short-Term Rental or Long-Term Rental: Whatā€™s the Best Fit?

Real Property Management Chicago

With frequent renewals, landlords can raise rent and update policies or lease terms more often. This implies that the landlord can’t raise the rent or change the agreement until the lease renewal. Terms will differ, but landlords often require an extra monthā€™s rent and forfeiture of the security deposit to end a lease early.

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Resident-Centered Housing Practices Gain Momentum

American Apartment Owners Association

These are the questions landlords are asking, and Freddie Mac is using its platform to find and promote the answers.” In late 2021, the company pioneered this work through a partnership with Esusu. Access 150+ state-specific legal landlord forms, including a lease. How do we build community? ” Need a Lease Agreement?

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Security Deposits 101: Tips and Information for Landlords

Real Property Management California Coast

The security deposit, though often seen as a minor part of rental property management, is actually very important. As a property owner in Manhattan Beach, you need to be familiar with the rules about tenant security deposits. Compare the security deposit rates of other landlords in your area to keep your own rates competitive.