American Apartment Owners Association

DECEMBER 16, 2024

With a surge in apartment completions, the market is becoming increasingly competitive. With more options available to renters, property managers must be proactive in keeping their current tenants satisfied and committed to their communities. Leverage AI-powered solutions to provide instant, round-the-clock communication.

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Avantio

JANUARY 14, 2025

Is investing in property management software the key to success in a competitive industry? This question resonates with property managers worldwide looking for efficient ways to streamline operations, maximize revenue, and enhance guest satisfaction. What Is Property Management Software?

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Buildium

DECEMBER 26, 2024

This pressure is carrying over to boards relationships with HOA managers. 27% of board members surveyed in our latest community association industry report pointed to finding and working with HOA management companies as a major source of stress for their communities. This is where you can set yourself apart.

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American Apartment Owners Association

DECEMBER 2, 2024

Research is Key Begin by scouring listings and identifying potential multifamily property for sale that aligns with your investment goals. Utilize online resources, engage with real estate professionals, and participate in forums to deepen your understanding of the multifamily landscape.

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Real Property Management Chicago

JUNE 24, 2022

It includes everything from online tools for finding and managing tenants to apps for tracking payments and repairs to virtual reality tools for viewing properties. If you’re not utilizing proptech yet, you’re missing out on a lot of benefits and gains.

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Rental Housing Journal

MARCH 24, 2025

“Our ELI+ offerings are transforming how property managers utilize AI within their operationsenabling smarter workflows, automating complex processes, and delivering highly personalized resident experiences,”said Catherine Wong, Chief Operating Officer at Entrata, in a release.“Entratas

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American Apartment Owners Association

NOVEMBER 27, 2024

But in today’s increasingly competitive and dynamic market, generating Alpha—the excess return above market benchmarks—requires more than simply owning an apartment building and collecting rent. The key to success lies in creating value through strategic, hands-on management, operational excellence, and smart financial decisions.

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American Apartment Owners Association

AUGUST 30, 2024

Consider these six strategies to optimize for efficiency: Conduct a Thorough Expense Analysis: This involves reviewing all expense categories, like utilities, maintenance, marketing, and others line by line to pinpoint opportunities for cost savings. Expense management software can streamline this process and help identify trends over time.

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MRI Software

SEPTEMBER 5, 2024

From property upgrades to community engagement and efficient marketing, we’ll share tactics to make the most of your multifamily investments and achieve long-term success. Multifamily occupancy rates refer to the percentage of rented units in an apartment complex, compared to the total available units.

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MRI Software

SEPTEMBER 1, 2024

Upgrades can raise property values and increase rental income by making apartments more appealing with modern amenities and updated interiors. Reduce costly repairs Regular renovations can help you extend the life of your property by preventing major system failures.

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MRI Software

DECEMBER 1, 2024

Managing an apartment complex is a significant financial responsibility, requiring careful attention to cost management to maintain profitability. Successful property investors must focus on balancing operational costs, ensuring tenant satisfaction, and optimizing day-to-day management.

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American Apartment Owners Association

JANUARY 29, 2025

Your needs and goals as a business owner will influence your decision, but ultimately, one software stands out as the best landlord accounting software in 2025: Ledgre. Ledgre is an accounting software built specifically for managing rental properties. Thats where property management software comes in.

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MRI Software

AUGUST 5, 2024

The rise of multifamily technology Multifamily technology is changing how properties are managed and how tenants interact with their homes. Integrating smart home devices and utilizing advanced residential property management software is now a standard expectation. What is multifamily technology?

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American Apartment Owners Association

DECEMBER 2, 2024

LEARN MORE Leveraging Technology In today’s digital age, technology can streamline property management make sure to hire a PM that uses Tech to your advantage: Property Management Software: Use software to keep track of finances, lease agreements, and maintenance requests efficiently.

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BetterWho

SEPTEMBER 21, 2024

Increased Competition: Some realtors might transition to property management as an alternative revenue source, increasing competition in the market. Embracing these changes proactively can set you apart in a marketplace that values clarity and innovation.

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MRI Software

DECEMBER 13, 2023

Here are the trends you can expect to see in 2024 for multifamily housing: 1) Increasing use of PropTech One of the most significant trends in multifamily housing is the increasing adoption of Property Technology (PropTech), specifically multifamily property management software.

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MRI Software

AUGUST 1, 2024

Amenity and technology fees in multifamily units Introducing amenity and technology fees can impact the attractiveness of your property. Here’s what these fees entail: What is an amenity fee for apartments? What is a technology fee for apartments?

Tenant 52

Tenant Property Management Software Apartment Landlord 52

MRI Software

FEBRUARY 24, 2024

By offering a curated selection of amenities and services, you can provide more value to your tenants and set your property apart in a crowded market. You can easily offer a 24/7 maintenance hotline with multifamily property management software. The expectations of tenants are also evolving.

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Tenant Property Management Software Insurance Maintenance 52

Tokeet

AUGUST 12, 2024

National Apartment Leasing Professional (NALP) : Provided by the National Apartment Association (NAA). Certified Apartment Manager (CAM) : Also offered by the National Apartment Association (NAA). Keeping Track of Maintenance Schedules : Regular maintenance keeps properties in good condition.

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Thanks For Visiting

JANUARY 7, 2025

Data Tracking and Management is Important When Scaling Airbnb Conclusion 9 Essential Tips to Scale Your Airbnb Business Successfully scaling an Airbnb business requires more than just acquiring properties. It demands strategic planning, robust systems, and top-notch property management software.

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MRI Software

MARCH 15, 2024

At its core, industrial property management involves day-to-day building administration, encompassing tasks like lease agreements, rent collection, and tenant communication. By implementing strategic management practices, property managers can optimize workflows, maximize space utilization, and enhance logistical operations.

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Industrial Property Management Industrial Property Property Management Property Manager 52

MRI Software

AUGUST 2, 2024

Setting up an apartment complex recycling program is the first step; next, you need to educate your tenants. Increased participation supports the environment but also fosters a sense of community within the apartment complex. Utilizing email or your communication channels is the most efficient way to distribute the letter.

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Education Tenant Apartment Property Manager 52

Second Nature

SEPTEMBER 26, 2024

Property management automation refers to using technology and software to automate various tasks and optimize processes related to managing properties. It's hard to find a professional property management business that doesn't use property accounting software.

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InveServe

NOVEMBER 5, 2024

Utilize market reports and benchmarking tools to adjust rent prices and align with current demand, reducing tenant turnover. Reduce Operating Expenses Cost management is essential for increasing net income: Adopt Energy-Saving Measures : Utilize energy-efficient appliances, LED lighting, and water-saving fixtures to reduce utility bills.

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Thanks For Visiting

SEPTEMBER 12, 2024

Cash Flow: The Lifeblood of Your Investment Cash flow represents the net income generated by your rental properties after deducting all operating expenses. These expenses include mortgage payments, property taxes, insurance premiums, utilities, maintenance costs, and more. Cap Rate: Assessing Investment Performance 5.

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MRI Software

FEBRUARY 3, 2025

Next, request the trailing 12- to 24-month profit and loss (P&L) statement to analyze the propertys historical income and expenses. Watch for unusually high operating expenses, such as utilities or maintenance, that could indicate inefficiencies.

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Property Finance Tenant Rent 52

MRI Software

DECEMBER 11, 2024

Imagine this scenario: a modular apartment building in Minnesota offers studio and one-bedroom units for $200-$300 below market rates. Here are a few other environmental perks: Energy-Efficient Designs: Modular multifamily homes often meet stricter energy codes, saving residents money on utility bills.

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Transportation Property Management Property Manager Property Management Software 52

InveServe

MAY 16, 2024

Introducing the Multifamily Rental Property Market in El Monte, CA El Monte, located in the heart of the San Gabriel Valley, is a diverse and dynamic city with a bustling real estate market. Multifamily properties, ranging from duplexes to large apartment complexes, represent a significant portion of the housing stock.

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Property Management Property Manager Management Property 52

MRI Software

SEPTEMBER 14, 2024

Plus, find out how real estate property management software can help when dealing with multifamily vacancies. Multifamily vacancy rates measure how many units in a property are unoccupied compared to the total number of units. What are multifamily vacancy rates?

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Rental Income Tenant Property Management Software Real Estate Property Management 52

MRI Software

DECEMBER 13, 2024

Detached ADUs and converted spaces allow property owners to cater to a variety of renters, from young professionals to families. For example, a six-unit apartment building could add two conversion ADUs and two detached ADUs under current regulations. This adds more affordable housing options while optimizing the propertys potential.

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MRI Software

DECEMBER 10, 2024

Commercial properties are also often located in prime areas, such as bustling downtowns. For example, converting an office space into trendy loft apartments could attract young professionals willing to pay extra for a central location. Once tenants move in, ongoing management becomes critical.

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Commercial Property Landlord Rent Residential Property Management 52

MRI Software

DECEMBER 14, 2024

What role does automation play in multifamily property management? Automation is a game-changer for property managers, helping streamline repetitive tasks and enhance tenant satisfaction. Multifamily property management software can handle everything from rent collection to lease renewals with minimal effort.

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Property Management Property Manager Tenant Rent 52

Lifty Life

NOVEMBER 24, 2023

Key Considerations Before Your Hire A Property Manager in Whistler: Transparency & Helpful Guides: Whether you use our services or not, we want to provide helpful resources to allow you to make an informed decision. In contrast, Lifty Life differentiates itself by utilizing cutting-edge, cloud-based Property Management Software.

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Avantio

OCTOBER 8, 2024

Airbnb Search Rankings Apart from appealing to guests, reviews also play a crucial role in the ranking system of Airbnb’s search results. Property location, photos, and Airbnb must-haves like amenities are also highly valuable. Other hosts utilize your experience with a particular guest as an indication of what to expect.

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Airbnb Apartment Property Manager Property Management 40

Avantio

OCTOBER 1, 2024

Practical Steps for Property Managers to Integrate Ecotourism into Short-Term Rentals Incorporating ecotourism into your short-term rental property can not only attract eco-conscious travelers but also set you apart in a competitive market. Schedule a call Interested?

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MRI Software

FEBRUARY 26, 2025

These properties can take various forms, including apartment complexes, duplexes, townhouses, or condominiums, offering a range of housing options for different demographics. Investing in multifamily properties can generate higher cash flow compared to single-family homes and often results in greater long-term appreciation.

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MRI Software

AUGUST 4, 2024

This centralized system ensures that no request is missed and allows you to prioritize and manage tasks more efficiently. By using property management software , you can automatically assign tasks to the appropriate personnel and set deadlines based on the urgency of the request.

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