Lula

SEPTEMBER 12, 2024

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

Maintenance 130

Maintenance Rental Property Single-Family Home Property 130

Buildium

NOVEMBER 5, 2024

Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. You also do not need to file a 1099-NEC form for any maintenance work or other services done by an incorporated business.

Property Management 227

Property Management Property Manager Management Electronics 227

Buildium

JANUARY 6, 2025

As the governing body, the board is responsible for making decisions that uphold the community’s governing documents, maintain financial stability, and address homeowner concerns. This includes everything from budget approvals and maintenance projects to resolving disputes and planning community events.

Management 243

Management Government Property Management Software Consulting 243

Buildium

JANUARY 22, 2025

The Basic of a Property Management Marketing Plan A property management marketing plan is a strategic document that outlines your marketing goals, the tactics you’ll use to achieve them, and the metrics you’ll track to measure success. This can include blog posts, articles, videos, infographics, and more.

Property Management 130

Property Management Property Manager Management Media 130

Condo Control

FEBRUARY 14, 2025

In order to avoid angering residents by issuing hefty special assessments or maintenance fee increases, boards and managers are doing what they can to offset the high cost of maintaining a condo. Software reduces paper usage Admin work requires a lot of documentation. Thisconcept can also be used for maintenance request submissions.

Condominium 130

Condominium Contractors Government Management 130

Condo Control

MARCH 6, 2025

Forecast maintenance issues to reduce maintenance expenses One property management company estimates that 15% of common element fees are used to cover cleaning services, and maintenance contracts, while another 5% is used for minor repairs and miscellaneous maintenance not included in the reserve fund budget.

Condominium 130

Condominium Maintenance Management Property Manager 130

Beach Front Property Management

JANUARY 15, 2025

Document Your Losses Thoroughly Begin by taking photos of the damage and listing items that were destroyed or need repairs. Note the original purchase prices for each item and collect any receipts you have to support your documentation. Reach out to a contractor for an additional estimate to ensure accuracy.

Insurance 147

Insurance Property Attorney Transportation 147

Real Property Management Evertrust

SEPTEMBER 25, 2024

Not Documenting Complaints and Resolutions Another common mistake is failing to keep a written record of tenant complaints and how they were resolved. Without documentation, it can be difficult to demonstrate that you’ve taken action or to remember the details of past issues.

Tenant 130

Tenant Property Management Software Landlord Contractors 130

Real Property Management Choice

AUGUST 2, 2015

As a landlord, if you haven’t given much thought to the documents you keep—and those you discard—you risk being unable to defend your position in a dispute or pursue the tenant to collect damages in the event that becomes necessary. If you decide to keep these applications, Please be sure to store them securely. When did he or she pay?

Landlord 52

Landlord Attorney Applications Applicants 52

RL Property Management

FEBRUARY 4, 2025

Without regular check-ins, its easy to miss important maintenance issues. Even if a landlord is willing to travel to inspect their rental, that means taking time off work, booking flights, and scrambling to find trusted contractors. Trying to coordinate repairs from a distance is difficult and expensive.

Rental Property 52

Rental Property Property Landlord Property Management 52

Real Property Management Evertrust

OCTOBER 7, 2024

Underestimating the Costs of Maintenance The Mistake: Some new landlords think the rent they collect is pure profit, forgetting to budget for inevitable repairs and maintenance. The Fix: Budget for ongoing and unexpected maintenance. Preventative maintenance can also save you money in the long run.

Landlord 130

Landlord Lease Agreement Tenant Maintenance 130

Florida Property Management

APRIL 30, 2021

Deferred maintenance is always terrible for your investment property. It’s important to work with your residents and your vendors to ensure routine and preventative maintenance continues at your property, in a way that’s safe and respectful of your tenants. This will give you a documented list of things that need to be done.

Maintenance 52

Maintenance Contractors Tenant Education 52

Property Management Inc.

NOVEMBER 26, 2024

When it comes to a landlord's long-term success, there is nothing as important as property maintenance. Here are six essential maintenance practices you can implement for a winning property maintenance strategy. Having the tools and materials to do routine maintenance tasks can make things much smoother.

Property Maintenance 52

Property Maintenance Maintenance Rental Property Property 52

MRI Software

OCTOBER 17, 2023

Preventative maintenance is a type of maintenance carried out on an asset or equipment to keep it operational and extend its longevity. Preventative maintenance is a proactive approach that involves regular, scheduled inspections, servicing, and repairs. However, a well-planned preventative maintenance program is a game-changer.

Maintenance 52

Maintenance Manufacturing Utilities Contractors 52

Property Management Inc.

NOVEMBER 26, 2024

The best managers know that proactive property maintenance pays off. The best property managers know their clients are most satisfied when they provide maintenance services that are responsive, transparent, and include accurate reporting.

Property Maintenance 52

Property Maintenance Maintenance Property Management Property Manager 52

American Apartment Owners Association

NOVEMBER 25, 2024

Use these tools to evaluate whether a multifamily deal makes sense: Cash flow analysis: Calculate monthly income minus expenses (mortgage, insurance, maintenance) to ensure positive cash flow. Ensure you have your finances in order and that your lender has all the necessary documentation to close the deal smoothly.

Real Estate 130

Real Estate Finance Rental Income Single-Family Home 130

Authority Property Management

SEPTEMBER 13, 2024

Documenting Services: Keep detailed records of the services performed, including the hours spent, descriptions of the services, dates, and the identity of the person performing them. Importantly, these services can be performed by the landlord or by hired agents , employees, or independent contractors.

Landlord 81

Landlord Rental Income Contractors Rent 81

Beach Front Property Management

OCTOBER 2, 2024

They may face functional issues, have outdated designs, or require maintenance and renovations. These include lower maintenance costs per-unit with multiple units sharing common systems. Additionally, establish a maintenance plan to manage resident repair requests and oversee the regular upkeep of the building.

Real Estate 130

Real Estate Rental Income Property Management Property Manager 130

Florida Property Management

APRIL 9, 2021

They’re an important tool in detecting necessary maintenance and ensuring your residents are following the terms of the lease agreement. Proactive cleaning contractors will have extra protocols in place to ensure the property is safely cleaned. You can send it to maintenance contractors if you need work done.

Rental Property 52

Rental Property Contractors Lease Agreement Property 52

Esquire Property Management Group

NOVEMBER 14, 2024

The fee generally covers tasks such as rent collection, coordinating maintenance, responding to tenant inquiries, and managing lease renewals. Are there typical upcharges for Maintenance and Repairs? Some property management companies add a mark-up on maintenance and repair costs, typically around 5% to 20% of the total expense.

Commercial Property Management 52

Commercial Property Management Commercial Property Property Management Property Manager 52

MRI Software

FEBRUARY 15, 2025

Think of it as your first step in creating a reliable roadmap for your buildings maintenance. This proactive approach helps you plan maintenance in a way that saves time and avoids unexpected breakdowns. Long-term planning: Create a maintenance roadmap that aligns with your budget and organizational goals.

Compliance 52

Compliance Maintenance Regulation Contractors 52

Florida Property Management

SEPTEMBER 11, 2023

These all-in-one solutions streamline various aspects of property management, including rent collection, maintenance requests, accounting, and communication. Maintenance requests can be submitted digitally through these platforms, making it easier for tenants to report issues.

Property Management 52

Property Management Property Manager Management Property Management Software 52

MRI Software

DECEMBER 6, 2023

Our software addresses crucial property management challenges, including lead generation, maintenance requests, lease renewals, and more. It automatically generates lease renewal documents based on predefined templates and updates the necessary details from the existing lease.

Property Management 52

Property Management Property Manager Property Management Software Management 52

Real Property Management Choice

DECEMBER 21, 2023

Landlords don’t have to worry about any legal documents if they hire a property management company in Redondo Beach. A property management company will arrange all the official documents on Landlord’s behave. Not good at bookkeeping, accounting, and maintenance requests. at one place.

Property Management 52

Property Management Property Manager Landlord Management 52

Florida Property Management

DECEMBER 11, 2020

Preventative maintenance should also be part of the services you receive. Your property manager should always keep you informed on the income and expenses associated with your investment, and you should have all the forms and documentation you need at tax time.

Property Management 52

Property Management Property Manager Management Move-In Inspection 52

Thanks For Visiting

JANUARY 7, 2025

From cleaning and maintenance to guest check-in and launching new properties, checklists ensure control regardless of growth. Overlooked property maintenance? Document every task for consistent execution and team alignment. We use Breezeway for maintenance, cleaning, and inspecting checklists in our business daily.

Airbnb 64

Airbnb Property Management Software Property Management Property Manager 64

Mem Property Management

SEPTEMBER 4, 2024

Governing Documents The declaration, bylaws, operating rules, articles of incorporation or other documents which govern the operation of the association. The governing documents , sometimes referred to as the CC&R’s (Conditions, Covenants, and Restrictions) is where the HOA and the board get their authority.

Government 52

Government Insurance Condominium Physical Property 52

MRI Software

NOVEMBER 1, 2024

For multifamily property managers, handling maintenance requests efficiently can be the difference between happy tenants and unexpected, costly repairs. With the right tools, you can simplify maintenance, boost tenant satisfaction, and lower long-term costs.

Management 52

Management Maintenance Property Management Property Manager 52

Thanks For Visiting

NOVEMBER 21, 2024

Airbnb Inspector Job: Boost Your Portfolio with Expert Tips For years, I juggled cleaning, guest communication, and maintenance for my Airbnb. In our business, we’ve filled this role utilizing independent contractors. Check out our FREE Independent Contractor Agreement to use in your STR business.

Airbnb 59

Airbnb Contractors Electronics Media 59

MRI Software

FEBRUARY 11, 2025

This big-picture understanding helps property managers make data-driven decisions about maintenance and repairs. Age documentation: Record the age of critical systems to predict when replacements will be needed. With this integration, you can: Schedule maintenance tasks automatically based on priority levels.

Compliance 52

Compliance Maintenance Utilities Property Manager 52

McKee Properties

FEBRUARY 10, 2025

This document outlines the conditions youre expected to meet when vacating the space, such as cleaning requirements, maintenance responsibilities, and notice periods. Document the Condition of the Property Before you hand over the keys, take photos and videos of the property in its final condition.

Single-Family Home 52

Single-Family Home Lease Agreement Landlord Property Management 52

Mem Property Management

JULY 24, 2024

In this article: The Importance of an HOA Electric Car Charging Policy Understand Your Governing Documents Who Pays for Electric Car Charging Stations? There is also the question of maintenance and who should pay for them. One option is to include the maintenance costs in the computation of HOA dues.

Government 52

Government Maintenance Condominium Applicants 52

MRI Software

SEPTEMBER 30, 2024

Their responsibilities include maintenance, tenant relations, and financial management. The board oversees the budget, manages reserve funds, and ensures that maintenance fees are allocated appropriately. The board is also responsible for hiring and managing external contractors for maintenance and repairs.

Property Management 52

Property Management Property Manager Management Property 52

MRI Software

DECEMBER 3, 2024

Property managers act as the owners representative, handling everything from maintenance calls to tenant screening. Once a tenant moves in, the property manager continues to manage day-to-day interactions, such as responding to maintenance requests or addressing concerns. What does a residential property manager do?

Residential Property Management 52

Residential Property Management Residential Property Management Residential Property Property Management 52

MRI Software

APRIL 23, 2024

The people that set foot on your property generate data points, also – badge data for employees, visitors, contractors, footfall analytics – the list goes on and on. For real estate occupiers, this included maintenance requests, work order tracking, lease administration, space planning, and visitor management, among other things.

Real Estate 52

Real Estate Government Lease Contractors 52

Renjoy

JULY 3, 2023

Do you discuss maintenance issues with us first before proceeding to make any decisions? By discussing maintenance issues with the home owner before making decisions, you can assess their communication practices, transparency, cost control measures, property care approach, and their commitment to establishing a trusted partnership with you.

Rental Management 52

Rental Management Management Maintenance License 52

Real Property Management Choice

SEPTEMBER 28, 2022

You can create an online document to show the current condition of your property and upload it on your website so that anyone can access it before move-in. Keep in touch with your contractor. You can reconsider hiring a property management company if you don’t find any contractors.

Rental Property 40

Rental Property Landlord Management Lease Agreement 40