McKee Properties

FEBRUARY 10, 2025

Standing out among other applicants is essential, and with the righ t strategy, you can position yourself as the ideal tenant for property owners. This blog will guide you through effective strategies to distinguish your rental application while improving your chances of landing your desired home.

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American Apartment Owners Association

DECEMBER 16, 2024

In this blog post, we’ll explore the following: Understanding Why Tenants Leave Rising Supply, Increasing Competition for Residents 8 Tips to Minimize Tenant Turnover Understanding Why Tenants Leave Before diving into retention strategies, it’s crucial to recognize the common reasons tenants choose not to renew their leases.

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Condo Control

JANUARY 28, 2025

Inventory management waitlists Once the maximum number of spots or spaces have been leased, condos and HOAs can create waitlists to address demand for these shared assets. You may even need to write down times if the desired asset has an established annual renewal date since many people may submit a request to lease it on the same day.

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Condo Control

JANUARY 20, 2025

January is often the time when residents renew leases for parking spots, boat and bike racks, and locker spaces. Creating a formal leasing process allows the condominium or HOA to determine who has the right to use a boat rack or storage locker. In some cases, if appropriate, your team can even use autorenewal for leases.

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American Apartment Owners Association

AUGUST 30, 2024

By identifying areas for expense reduction, you can free up funds for reinvestment opportunities like the ones mentioned later in this blog. Tasks like tour scheduling, applicant vetting, lease renewals, rent collection, and maintenance requests are prime candidates for automation.

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BetterWho

DECEMBER 6, 2024

This blog explores how AI can improve property management while safeguarding tenant rights, offering actionable advice for property managers. The lawsuit revealed that SafeRents algorithm disproportionately scored low-income applicants and people of color, particularly those using housing vouchers. What Happened with SafeRent?

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MRI Software

MARCH 27, 2025

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.

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Real Estate Lease Government Compliance 52

MRI Software

MARCH 19, 2025

In this blog, we’ll explore why understanding your data is the critical first step in any AI journey. If you need a model to produce optimized lease pricing or to give early warning signs of asset failures, you need historical data. What data do you have? AI models look for patterns, and patterns require historical data.

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Real Estate Lease Agreement Lease Applications 52

ADDA

NOVEMBER 2, 2024

In this blog, we will walk you through the process of registering a housing society in India, the legal requirements, and the benefits of forming one. The office bearers must be residents of the society, and their names and contact details should be included in the registration application. appeared first on ADDA BLOG.

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Appfolio

AUGUST 28, 2020

In addition, you should encourage prospects to submit the initial application fee online to promote early online payment adoption. #9 The post How Online Rent Payments Benefit Property Managers & Residents appeared first on The Official AppFolio Blog. 9 Improves Resident Satisfaction. 10 Increases Online Portal Adoption.

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American Apartment Owners Association

NOVEMBER 21, 2024

Multifamily revenue management is more than setting rent prices; it’s aligning your apartment community’s whole operation—leasing, marketing, management, and pricing—toward achieving your desired financial outcome. In this blog, we’ll explain why it’s necessary to account for those other areas of your community, too.

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Appfolio

MARCH 16, 2021

And then I couldn’t remember how to do the security deposit refund, so the workflow took me right to the application to do that.’ Leasing, construction, and property management. The post Five Ways to Boost Employee Retention in Property Management appeared first on The Official AppFolio Blog.

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Appfolio

DECEMBER 4, 2020

Technology has automated many of the tedious, manual tasks for property management businesses, and helped them to significantly improve a range of processes from onboarding and training to leasing and maintenance. The post Why Technology, Culture, and Training Go Hand in Hand appeared first on The Official AppFolio Blog.

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Property Management Property Manager Management Property 273

Fourandhalf

AUGUST 22, 2024

In this blog, we’ll focus on post-sale operations systems. These might include individual lease agreements, tailored maintenance schedules, and personalized tenant communication. Look for features that allow you to easily track tenant information, lease agreements, rent payments, and communication history.

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Authority Property Management

NOVEMBER 29, 2024

In this blog post, we’ll explore the key technology trends that are transforming how properties are managed and what that means for the future of the industry. With automated workflows, property managers can now set up systems that automatically send emails to tenants, process applications, and schedule maintenance without manual input.

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American Apartment Owners Association

DECEMBER 5, 2024

In this blog post, we’ll explore the concept of bonus depreciation, its application to multifamily properties, and how you can leverage it to maximize your investment returns. One such strategy is bonus depreciation, a powerful tool that can significantly impact the profitability of your multifamily real estate investments.

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Real Estate Consulting Compliance Applications 130

Real Property Management Chicago

SEPTEMBER 16, 2022

This blog post will explore how professional property management works and what a property manager can do for rental property owners. Some companies also charge additional fees for services like lease renewals or marketing. If so, you may doubt whether you should hire a Chicago property management company to help manage it.

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Condo Control

JANUARY 8, 2025

Download our free bike rack lease template But bikes have become increasingly popular , especially in high-density areas. Benefits of leasing condo bike racks to tenants Additional money for the corporations budget There are multiple benefits to having bike racks for lease.

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Buildium

OCTOBER 23, 2024

That’s what we’ll cover in this blog post. One respondent described how they’re focused on “finding the best renter possible by being extra diligent and discerning (staying within legal mandates, of course) to ensure we secure conscientious, responsible applicants. Which property management trends have we identified for 2025?

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Property Management Property Manager Management Property 130

RL Property Management

FEBRUARY 17, 2025

In this blog, well explore the true cost of losing good renters and provide practical, actionable strategies to keep your residents happy and prevent unnecessary turnover. Resdient Screening Finding a high-quality residentinvolves screening applications, running credit checks, performing background checks, and verifying references.

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Professional Property Management Property Management Property Manager Maintenance 89

MRI Software

OCTOBER 13, 2023

Background checks and credit history reports are part of resident screening meant to help property managers find qualified renters in a wide pool of applicants. When applying for an apartment lease, applicants may provide a Credit Privacy Number (CPN). CPNs are not inherently illegal. Why use a CPN for an apartment?

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Property Management Inc.

NOVEMBER 26, 2024

Scammers will ask for application fees, deposits, rental payments or other charges from interested parties. The Property Manager Doesn’t Want to Get it in Writing Some regions allow verbal leases, but tenants and property managers should always insist on a written lease.

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Nest DC

OCTOBER 24, 2023

In this blog, we will dive into common concerns about rentals such as bad tenants, property damage, legal disputes, vacancy, and loss of income. Bad tenants: Worry over problematic tenants is why many homeowners decide against renting, but we’re here to reassure you: leasing to bad tenants isn’t the norm.

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Rent Consulting Tenant Lease 52

MRI Software

AUGUST 2, 2024

In this blog, we’ll look the methods and best practices for income verification, offering insights that will help streamline your processes and make informed decisions effortlessly. This process is crucial for landlords to ensure that the tenant can consistently meet rent payments throughout the lease term.

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Property Management Property Manager Management Property 52

Condo Control

MARCH 6, 2025

Speed up screening for vendors and tenants Digital leasing assistants help to remove unqualified applicants and vendors from the pool of candidates. Once the first round of applicants has been reviewed by the software, a person can take a closer look at the remaining candidates.

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Condo Control

FEBRUARY 14, 2025

In most cases, simple AI will help reduce the time it takes to complete tasks, but more advanced applications can be used to improve energy usage and reduce costs. Screening Digital leasing assistants have been around for a while. As a result, energy efficiency is improved.

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Condominium Contractors Government Management 130

Nest DC

OCTOBER 11, 2023

From maintenance and repairs to finding tenants and managing leases, a lot goes into owning and managing a rental property. Our previous blog post on Best Practices for Tenant Screening provides detailed guidance. Set clear and consistent criteria for all applicants and evaluate them objectively.

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Rental Property Property Management Property Manager Management 52

Florida Property Management

SEPTEMBER 11, 2023

In this blog, we will delve into the vital importance of tenant screening for investment properties, exploring the benefits of thorough vetting and the potential pitfalls of neglecting this essential step in property management. They may neglect maintenance, engage in destructive behavior, or violate the terms of the lease agreement.

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MRI Software

DECEMBER 3, 2024

When much of the world was locked down, the leasing experienced largely moved online and, with so many people living so much of their lives on the Internet, it created an environment in which personal information could be stolen easier. Vendor impersonation Sometimes, fraud can slip in through venues outside the application process.

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Applications Applicants Engineering Lease 52

Nest DC

NOVEMBER 3, 2022

As you learned in the last installment of our Fair Housing blog series , fair housing applies to every action or inaction taken on the basis of protected classes; and that starts as soon as a prospective tenant engages with you, your rental listing, or your property manager. This does NOT mean that we choose the “best of the bunch.”

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Tenant Applications Applicants Compliance 52

Nest DC

NOVEMBER 1, 2023

Homeowners are often unaware of applicable fees and surprised by the final costs. Early contract termination fees, lease renewal fees, and project management fees are the norm, as well. At Nest, those value adds include dedicated leasing agents, in-house general counsel, in-house licensed contractors, and no maintenance mark-ups.

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Property Management Property Manager Management Property 52

MRI Software

MARCH 22, 2025

Whether youre leasing up a new development or working to retain long-term residents, marketing plays a crucial role in keeping your units filled. Tenant satisfaction Happy tenants are more likely to renew their leases, reducing turnover costs and keeping occupancy rates high, marketing for multifamily renters like this is essential.

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Media Property Management Software Tenant Lease 52

MRI Software

DECEMBER 6, 2023

Our software addresses crucial property management challenges, including lead generation, maintenance requests, lease renewals, and more. Lease renewals Property management software automates lease renewals by simplifying the process and reducing manual tasks.

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Property Management Property Manager Property Management Software Management 52

Authority Property Management

AUGUST 23, 2021

As a result, the majority of rental scams would have you pay a large sum of money in advance before showing you the listing or signing the lease. A normal process involves an application fee, an application form, personal credentials, a background check, credit score analysis, etc. Never fall for this trap.

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Property Manager Property Management Management Property 52

RL Property Management

OCTOBER 21, 2024

This blog explores the risks, when partial payments may be appropriate, and how to protect yourself if you choose to accept them. Additionally, accepting partial payments can make it harder to maintain clear, enforceable lease agreements. Continue to enforce late fees as outlined in the lease agreement.

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Rent Lease Agreement Property Management Property Manager 52

MRI Software

SEPTEMBER 8, 2024

In this blog, we will explore whether student housing fits into the multifamily category, examining its characteristics, differences, and investment potential. Differences include shorter lease terms aligned with academic calendars, pre-furnished units, and an emphasis on communal living.

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Property Management Property Manager Real Estate Landlord 52

MRI Software

DECEMBER 11, 2023

In this blog, we discuss seven effective ways to protect multifamily property. When tenants feel secure, they are more likely to renew their leases and stay longer, reducing turnover rates and vacancy periods. This fosters tenant satisfaction, leading to higher retention rates and a bolstered property management reputation.

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