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6 must-know industry trends for small property managers

Buildium

Fact #3: Tenant Quality Is Property Managers’ Top Concern Finding financially stable tenants is getting harder as rent growth outpaces wages, causing property management companies to prioritize tenant screening. In 2024, tenant quality emerged as the #1 concern for property management companies.

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Single-Family Property Management Service Trends for 2022

Propertyware

By: Laurie Mega According to the 2022 State of the Property Management Industry Report , the number of renters living in single-family rentals has risen steadily for the last several years. ’ They will expect us to continue to provide the same online and convenient services,” commented one property manager based in Oregon.

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How are modular homes addressing the multifamily supply problem?

MRI Software

million in 2022. For multifamily property managers and landlords, this growing demand is paired with the challenges of high construction costs and long project timelines. is facing a critical housing shortage, as the shortage surged from 4.3 million homes in 2021 to 4.5

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Property Management Profitability: FAQs on Profit Margin

Second Nature

A 2022 survey of 80 metro areas by iPropertyManagement found that the average setup fee was just $185.24. Management companies will typically charge a fee for advertising a unit, collecting applications, screening tenants, and signing leases. Could you engage property management software to help with bandwidth?

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7 Must-Know Trends in Single-Family Rentals for 2024

Propertyware

applied for more single-family permits than they have since May 2022. This tech-driven approach will improve tenant experiences and make property management more efficient. As one property manager from Arkansas told us, “The biggest issue is finding quality tenants. Having a great screening process is invaluable.