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6 must-know industry trends for small property managers

Buildium

For the seventh consecutive year, portfolio growth tops the list of third-party property management companies’ priorities, with 91% planning to expand their portfolios over the next two years. However, by rigorously screening applicants, you can reduce turnover and help prevent costly evictions. Did you know?

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Tips to Minimize Tenant Turnover

American Apartment Owners Association

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. Free Rental Application Get 20 Rental Forms for FREE, including a rental application.

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Rising Vacancies, Competition for Renters Challenge Property Management

Rental Housing Journal

Rising vacancies challenge property management the real estate property-management software company AppFolio says in its 2025 Property Management Benchmark Report, based on insights from more than 2,000 property management professionals. Read the full report here.

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Cybersecurity Challenges for Short-Term & Vacation Rentals

Avantio

billion in 2023. Property managers navigate an increasingly digital world, handling sensitive guest data (like names, addresses, and credit card information) and financial transactions. billion in 2023. According to the IBM Cost of a Data Breach Report 2023 , the global average total cost of a data breach is USD 4.35

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How to Train TokeetAI for Efficient Property Management

Tokeet

How to Train TokeetAI for Efficient Property Management AI in property management is on its peak, with the market expected to grow from $164.96 billion in 2023 to an amazing $226.71 billion in 2024 , at an impressive annual growth rate of 37.4%. What is TokeetAI?

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Property Management Outsourcing Services: Benefits and Cost

Second Nature

Overall, outsourced property management services can help PMCs save time, reduce stress, and maximize the profitability of their company. So, what are some of the most commonly outsourced property management services? Technology and innovation Assess the technology and software solutions the provider uses.

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

Propertyware

2023 was another rocky year for the housing market. Those trends, however, didn’t necessarily spell bad news for single-family rentals, and as we leave 2023 behind, single-families are well-positioned to remain strong in 2024. This tech-driven approach will improve tenant experiences and make property management more efficient.