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

Fourandhalf

Ray Hespen, who is a frequent flier on The Property Management Show, joined us again to discuss maintenance metrics and how measurement improves resident satisfaction and owner NOI. The last time he was on the podcast, in late 2023, his team was just beginning to establish this concept of maintenance analytics.

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Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

In 2024, we can see that more companies reported equivalent or greater revenue growth than they did in any year between 2017 and 2022. On one hand, companies are anticipating less revenue growth over the next two years than they projected in 2022 and 2023. 41% will expand the services they provide.

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The 5 best rental markets in Florida for investors & property managers in 2025

Buildium

New condo regulations: Condo buildings that are at least 30 years old are facing new requirements to undergo inspections and repairs, as well as set aside funds for future maintenance. Source: National Association of Realtors Tallahassee, Florida Economic Statistics Population Growth (2022): 1.2% GDP Growth (2022): 9.8%

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Rental Properties Seasonal Maintenance Tips from Seattle Management

Real Property Associates

Updated October 28, 2022. This guide offers practical tips for rental property owners to handle seasonal maintenance effectively. This guide offers practical tips for rental property owners to handle seasonal maintenance effectively.

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6 must-know industry trends for small property managers

Buildium

Between 2001 and 2022, for example, rents rose by 21%—while renters’ incomes rose by just 2%. Fact #5: Maintenance Costs Are Rising Property management companies see work order management software as the main opportunity for improving property maintenance, a top concern among rental owners and tenants. This comes as U.S.

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Tenant Retention 101: Essential Tips for Property Managers

BetterWho

The cost of finding a new tenant, additional maintenance, marketing the property, etc., in 2022, which is much better than the average of 19.5%. Maintenance Matters: Keep up with regular property maintenance and embrace smart technology to monitor systems. Or is maintenance due? No more scattered calls or emails.

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Community association trends: What’s changed in 6 years

Condo Control

57% said yes in 2018 61% said yes in 2020 66% said yes in 2022 62% said yes in 2024 Despite the fact that services cost more, a higher percentage of community associations employ managers or management companies now than they did in 2018. The modest spike in 2022 could be attributed to covid.