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Run better HOA board meetings: Tips and tools for association managers

Buildium

Compliance: Meetings help confirm that all actions and decisions align with the communitys governing documents and relevant legal requirements, thereby safeguarding the communitys interests. Youll need to coordinate with board members and homeowners, addressing their concerns and presenting relevant information.

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6 must-know trends for efficiency-minded property managers with large portfolios

Buildium

And that’s exactly where property management software can prove invaluable. By keeping logs of all your finances, work orders, rental histories, and other vital information in one place, the right software can help you take a bigger picture view of your business and spot areas where you can be more efficient.

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Marketing an HOA management company: What to focus on plus 8 strategies to keep and win clients

Buildium

Weve unpacked each of these areas below with specific tools and recommendations that can help you up your service game and present your results in the best possible light. Collecting Dues and Fees First and foremost, HOA board members want community managers to streamline the collection of dues and fees for them.

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How to increase recycling rates amongst renters: Strategies for property managers

MRI Software

By introducing a recycling program, you can bring the benefits of green leases to your multifamily property. While encouraging recycling can present challenges, implementing the right strategies can boost your recycling rates. Use your property management software for apartments to track and communicate recycling efforts.

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Property Management KPIs You Should Track

MRI Software

Property Valuation Determines the fair market or present value of a property. Risk Management KPIs 1. Compliance Rate Property management compliance plays a pivotal role in the success and sustainability of any property management business.

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Active vs. passive property management

MRI Software

Benefits of Active Property Management Engaging in active property management demands significant time and attention. As a result, daily updates are uncommon, and the property manager takes on a greater role in handling the day-to-day management tasks independently.

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Why CRE asset management software is critical for commercial investment success

MRI Software

The software also enables comprehensive data analysis, helping users transform raw data into actionable insights. Key metrics like net operating income (NOI) and internal rate of return (IRR) are presented in intuitive dashboards for easy interpretation. For serious investors, this analytical power is a game-changer.