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The Value of Property Management Software in 2025

American Apartment Owners Association

Rental business owners frequently keep tight budgets, balancing operating expenses like insurance and utilities with unexpected repairs and even long-term capital investments. If this sounds familiar, you might assume property management software is just another expense eating into your profits.

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The Value of Property Management Software in 2025

American Apartment Owners Association

Rental business owners frequently keep tight budgets, balancing operating expenses like insurance and utilities with unexpected repairs and even long-term capital investments. If this sounds familiar, you might assume property management software is just another expense eating into your profits.

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Effective asset management property maintenance: Strategies for property managers

Buildium

Introducing software and other technology can also optimize maintenance management. Property management software enables managers to budget, schedule, and track maintenance tasks efficiently. Common legal challenges include tenant complaints, non-compliance fines, and insurance liabilities.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Insurance Insurance you buy for your business, such as business liability or property insurance. If you have a home office, you can deduct some of your homeowner’s insurance. When you hire an independent contractor, that cost is deductible, too. This deduction is scheduled to end on Jan.

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1099 forms for property management: Everything you need to know (2024 update)

Buildium

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. Luckily, you’ve got the knowledge and tools to make filing 1099 forms for property management a breeze.

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Your Ultimate Guide to Property Maintenance Services

Appfolio

No property manager wants to face claims of negligence in court, deal with skyrocketing insurance premiums, or experience bad press and negative reviews. As a property manager, you also have to make sure contractors get paid and expenses are tracked. Effectively Track and Handle Expenses. Back to Top.

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6 must-know industry trends for small property managers

Buildium

For instance, the majority of rental owners want their property management companies to handle payments electronically , and renters prefer to complete most processes on their smartphone, with the exception of applying for rentals and signing up for renters insurance.