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Tim Wehner is a former president of the National Association of Residential PropertyManagers (NARPM ). While hes no longer on the National Board of Directors, his experience in propertymanagement and expertise on all things NARPM make him a valuable source of information. Start us off right, Tim! Tim : Absolutely.
Propertymanagement software (PMS) has become a must- have for landlords who want to streamline operations, manage their tenants, and maintain organized finances. But with so many propertymanagement tools available, how do you choose the right one? What Sets Innago Apart as the Best PropertyManagement Software?
Email marketing is one of the most powerful and cost-effective tools available to propertymanagers looking to grow their business, nurture client relationships, and streamline communication. In this guide, well walk you through the essentials of email marketing for propertymanagement companies. Lets get started!
Propertymanagement marketing isn’t just about listing properties; its about creating a brand, engaging with potential tenants, and maintaining relationships with current ones. In this post, well explore the ten most common marketing mistakes propertymanagers make and how to avoid them.
Despite shifting market conditions, the propertymanagement industry continues to grow at a stellar rate. According to Buildiums 2025 PropertyManagement Industry Report , 82% of the management companies we surveyed experienced portfolio growth within the last two years.
Propertymanagers are under pressure to do more with lessfrom labor shortages to rising costs. What Is AI in PropertyManagement? In propertymanagement, these abilities are used to optimize workflows that would otherwise take longer.
As a propertymanager, you already know that, to find new clients and tenants, youll have to meet them where they are. Let’s dive into some social media strategies for propertymanagement to help you broaden your reach and better engage with your audience. By doing so, youll be seen as knowledgeable and responsive.
Did you know that two-thirds of rental owners expect top-tier customer service from their propertymanagement company? Why Personalized Service Matters in PropertyManagement Every property owner has unique goals and needs, which is why personalized service is a must-have in todays market.
In a competitive market, effective marketing strategies for propertymanagement companies can set your business apart and attract a steady flow of clients. Theres a lot of strategies out there, and some may be better suited for your company and management style than others.
Managing a short-term rental can be rewarding, but its rarely simple. Between handling guest bookings, coordinating cleaners, juggling maintenance needs, and staying on top of local regulations, what starts as a promising investment can quickly become a full-time job.
Finding the right apartment goes beyond just liking the spaceits about knowing what to expect. Asking the right questions to ask during an apartment tour can give you a clear picture of what living there will be like. How Are Maintenance Requests Handled? Living in an apartment comes with normal wear and tear.
In todays environmentally conscious world, sustainable propertymanagement is more than just a trend; it is a responsibility. From residential properties to commercial real estate, the growing emphasis on sustainability is reshaping how propertymanagers operate, invest, and plan for the future.
But how do apartments verify income? In this guide, well walk you through how apartments verify income, and the best strategies landlords use to make smart leasing decisions. Why Do Apartments Verify Income? As a propertymanagement company in Northern Virginia, we get it. So, how do you make that happen?
If you’re wondering how to get rid of mice in an apartment and keep them from coming back, youre in the right place. Main Takeaway How to get rid of mice in an apartment: Identify and Block Entry Points : Mice sneak in through tiny gapsseal cracks, doors, and vents to stop them from entering. Read below to learn more.
In propertymanagement, ensuring a safe and respectful living environment isnt just about reacting to problemsits about preventing them before they arise. A propertymanagement company that fosters accountability and respect will naturally have fewer fair housing complaints. This starts with leadership.
Choosing between repairing or replacing an HVAC system in an apartment can be challenging. By making the right decision, you can ensure comfort, cost-effectiveness, and improved indoor air quality for your apartment. Read on to learn how to decide whats best for your apartment. of airborne particles effectively.
Its an open-style apartment with high ceilings, big windows, and barely any interior walls. Definition & Features: A loft is an open apartment with high ceilings, large windows, and minimal walls, often in repurposed industrial buildings. In fact, its their unique design and aesthetic that sets them apart from standard apartments.
A Positive Response Amid the Chaos: Ratner PropertyManagement While some landlords have capitalized on the crisis, others are stepping up to support their communities. Ratner PropertyManagement and Maintenance, an AAOA member, is one such example.
Thats when propertymanagement software stops being a “nice to have” and becomes a must-have. Automated maintenance requests keep vendors and tenants organized. A great propertymanagement platform can help: Centralize all communications in one easy place. Rebate programs on maintenance and upgrades.
Digital marketing might just be the most common and accessible way that propertymanagers can reach prospective owners and tenants. The Importance of Digital Marketing in PropertyManagement When property owners and renters begin their search for management or a rental unit, they usually start online.
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For landlords and propertymanagers, these versatile vehicles can be an enticing option to diversify short-term rental offerings. Because your reputation as a landlord or propertymanager hinges on the quality of your rental units, ensuring that each motorhome is structurally sound and free of major mechanical defects is crucial.
Smart home technology for apartments is transforming multifamily living by making everyday life easier and more efficient. These innovations help propertymanagers streamline operations, reduce costs, and create a more sustainable environment while improving the resident experience. What isSmart Apartment Technology?
Propertymanagement and the essential role of policies, written communication and procedures for the year ahead. By The Fair Housing Institute As the new year begins, propertymanagement professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence.
In propertymanagement, it is essential to be thoroughly aware of tenants’ rights and obligations. Let’s examine the specifics of these rights and obligations to assist propertymanagers in better and more effectively navigating this complex environment.
Are you a member of any propertymanagement associations? Check out the top national propertymanagement associations in the U.S. BOMA International: Building Owners & Managers Association Founded in 1907, BOMA is a propertymanagement association for commercial real estate professionals.
Here are 3 steps to help deal with tenants and frozen pipes and hopefully avoid the problem in your rentals and the maintenance calls that can result this winter from Keepe. 1 The preventative methods for tenants and frozen pipes There are several things that propertymanagers should do to prevent pipes from freezing in their rentals.
In propertymanagement, ensuring a safe and respectful living environment isnt just about reacting to problemsits about preventing them before they arise. A propertymanagement company that fosters accountability and respect will naturally have fewer fair housing complaints. This starts with leadership.
As a propertymanager, surprises are the last thing you want. By anticipating repairs, you can plan ahead, budget effectively, and address issues quickly—keeping your properties in great condition while making sure your tenants and owners are happy. Property Type: Different property types experience wear and tear differently.
Which trends will 2025 hold for propertymanagement companies in the United States? We’ve done the research on the forces that will shape the propertymanagement industry and the rental market next year. A similar trend is expected to play out in the build-to-rent sector.)
In this post, we’ll explore five key reasons why video is the future of propertymanagement marketing and how you can leverage it to grow your business. Not everyone can learn complex topics in written format, and propertymanagement concepts can feel overwhelming to owners, especially accidental landlords or first-time investors.
In your journey as an investor, youre probably searching for the most worthwhile opportunity, and thats where the apartment vs house debate comes in. Main Takeaways Apartments provide steady rental income and lower maintenance responsibilities , thanks to shared building management, multiple tenants, and tax benefits.
Its been a long time since we put out an episode of The PropertyManagement Show and today were excited to talk with RoDevia Brigham, the founder and CEO of Proposabid. Introducing RoDevia and Proposabid Proposabid does bids and estimations for properties and repairs across US. Shes always thinking about how to automate things.
As an experienced propertymanagement company in Northern Virginia , we can tell you one thing for sureamenities are what make a rental truly stand out. Youll often find community amenities in gated communities, but theyre common in apartment complexes and other shared housing setups too. What Does Amenities Mean in Real Estate?
To provide a sense of security for your tenants, you have the crucial task of carefully preparing your property to make it liveable. This may include getting insurance for your property as well as doing routine maintenance and repairs. This allows you to see a detailed view of your property’s current condition.
Among the various social media platforms available, Facebook stands out as a powerful space where propertymanagement companies can build their brand, showcase their expertise, and engage with their audience on a more personal level. Who are they? What are their interests? What do they want to see and read about?
As a residential propertymanager, your role bridges the gap between property owners and tenants, and how well you manage this connection can shape the experience of everyone involved. In this post, well walk you through the key areas of property leasing & management.
Studio apartments are becoming a prime choice for minimalists, city dwellers, and those who crave simplicity. But what is a studio apartment, and how do you know if it’s the right fit for you? What Is a Studio Apartment? Features of a Studio Apartment What are a studio apartment’s main features?
Technology has fundamentally reshaped the way propertymanagers and their staff interact with residents. With new advancements in artificial intelligence (AI), many tools that properties use for payments and resident communication are being upgraded.
Cons of Buying a Duplex: Managing a duplex comes with added responsibilities, such as handling tenant disputes, increased maintenance costs, and financing complexities that may differ from single-family homes. Think of it like two apartments under one roof. Thats double the income from the same property. What Is a Duplex?
In your search for a new home, youre bound to come across samey-looking spaces, like a townhouse vs. apartment. Content of This Article What is a Townhouse vs Apartment? Key Differences Between a Townhouse vs. Apartment What Is a Townhouse vs Apartment? Apartment What Is a Townhouse vs Apartment?
If you’re looking for the best propertymanagement books around, we’re here to help. Our professional propertymanagers have chosen our personal favorites for your viewing pleasure. Read below for some great recommendations on managing rental properties.
The citys housing shortage has led to rising rents, making rental properties an attractive investment option. Investment Highlights: Rising property values – Ongoing redevelopment is boosting home prices. Strong rental market – High demand for apartments and condos. We at BFPM Inc. Let BFPM Inc.
How We Approach Change Management One of the most significant hurdles to adopting new technology is ensuring that everyonefrom the propertymanager to the maintenance teamfeels comfortable with the change. The post Embracing Change: Navigating Technology Implementation in PropertyManagement appeared first on AAOA.
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