Buildium

DECEMBER 30, 2024

Employees and Contractors If you hire one or more employees, your payroll, as well as costs such as health insurance and other benefits are fully deductible. When you hire an independent contractor, that cost is deductible, too. Having property management software with accounting features can help you do that.

Property Management 245

Property Management Property Manager Management Property 245

Buildium

OCTOBER 28, 2024

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. For 77% of PMCs, vendor and contractor labor costs have gone up over the last year, exacerbated by the rising cost of materials and supplies.

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Property Manager Property Management Management Property 246

Second Nature

OCTOBER 1, 2024

But that can also add extra burden and cost to your property management business when your team is already spread thin. One of the best ways to offer value without overextending your team is to outsource some of those PM services to PropTech products, contractors, or a fully managed solution. Maintenance and repair.

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Property Management Property Manager Management Property Management Services 52