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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. 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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Investor’s guide to multifamily real estate syndication

MRI Software

In fact, according to a 2023 study by CBRE , multifamily properties have shown a strong recovery post-pandemic, with investment volumes increasing by 50% year-over-year. This makes multifamily real estate syndication an attractive option for investors looking to tap into the lucrative world of large-scale property investments.

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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? Maintenance and repair. Many PMs outsource things like plumbing, HVAC, and other contractor work.