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In this blog, we’ll explore why understanding your data is the critical first step in any AI journey. Start understanding the data you have today by asking a few questions: What applications do we use today to support our real estate processes? What data do you have? Do we have data in legacy databases that were never migrated?
For technology leaders, its critical to understand how the practical applications of AI can help leverage its potential to drive efficiency, enhance decision-making, and gain a competitive edge. In our previous blog, we discussed the importance of data quality in your AI initiatives.
There are now lots of options when shopping for property management software, and it can be hard to know which one is right for your business. Generally speaking, property management software takes care of your operations. In this blog, we’ll focus on post-sale operations systems.
We combine insights from our annual survey with market research to help property management companies understand the trends that will impact their success in the year to come. Which property management trends have we identified for 2025? That’s what we’ll cover in this blog post.
This allows management to take immediate action and reduce the risk of damage to the system or property. IoT solutions are more common for commercialproperties , but that doesnt mean residential buildings cant use them. If there is a leak or sudden change in temperature, the right people are notified right away.
Previously in this blog we described a growing office-to-residential (OTR) trend in commercial real estate. It appears that the federal government has a serious interest in this trend as well.
years for residential and 39 years for commercialproperties. But we all know many components of a property won’t last anywhere close to three decades. Many types of personal property (think appliances, furniture, and fixtures) depreciate quickly, often over just five or seven years. And so does Uncle Sam.
However, as simple as the blanket mortgage definition, its uses and applications get more nuanced. However, as simple as the blanket mortgage definition, its uses and applications get more nuanced. However, you’ll still need to pay appraisal fees for each collateral property. Being a landlord?
A real estate syndication is an investment strategy where multiple investors come together to buy and manage larger commercialproperties. A syndicator, sponsor, operator, or general partner (GP) leads the project and handles property acquisition, management, and disposition. What Are Real Estate Syndications? Being a landlord?
This blog is written by insightsoftware , a global provider of reporting, analytics, and performance management solutions empowering organizations to unlock business data and transform the way finance and data teams operate. Refresh reports with the latest MRI data at any time.
Careers in Property Management There are various career paths you can pursue in property management, each with its own set of responsibilities and opportunities for growth: Vacation Rental Manager : Role : Managing short-term rental properties, including marketing, booking management, and guest communication.
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