Mon.Jan 13, 2025

article thumbnail

Rising Above Price Gouging: How One AAOA Member Brings Hope to Displaced Families Amid L.A. Fires

American Apartment Owners Association

As Southern California faces one of its most devastating fire seasons in recent history, the rental housing market in Los Angeles has seen troubling trends. Thousands of families displaced by the fires are struggling to find housing, and in some cases, rents are spiking alarmingly in areas affected by the destruction. A recent investigation revealed a Bel Air home listed at $29,500 per monthnearly double its September price of $15,900.

Attorney 281
article thumbnail

Fire insurance 101: What landlords & property managers need to know

Buildium

Residential fires are costly and can happen anywhere, at any time. In 2022, the most recent statistics the U.S. Fire Association has, there were almost 374,300 residential fires resulting in over $10 billion in losses, and 129,500 non-residential fires that resulted in over $3 billion in losses. As a property manager, there are plenty of measures you can take to prevent fires at your owners propertiesregular inspection and maintenance of smoke detectors and fire extinguishers, tenant education o

Insurance 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is Your Rental Prepared for a Winter Emergency?

Rentec Direct

Winter demands proactive property management. Making a few small adjustments to secure your property and its occupants from the elements will go a long way this season. Safeguard your rental by engaging tenants with storm-prep emails, staying updated through alert systems, and scheduling HVAC maintenance. Insulate pipes to prevent freezing and burst issues, ensuring comfort […] The post Is Your Rental Prepared for a Winter Emergency?

article thumbnail

Property management virtual assistants: When they’re most valuable and when to avoid them

Buildium

Property management is a people-focused business. That mindset extends to the individuals you hire to join your team. You want to be sure that the professionals you work with support your companys reputation and can consistently deliver the best possible service. At the same time, every company is limited in who and how many employees they can hire.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

Meet Azilee Burt, Yardi Solutions Consultant In Affordable Housing

Yardi Breeze

Azilee Burt, Lee for short, has been central to Yardis affordable housing team for more than a decade. We spoke with her about her role at Yardi and lessons learned in the affordable housing industry. Hello Lee! Where are you from originally, and where is your home now? I was born in Atlanta and raised in a suburb named Dunwoody. I currently live about 30 minutes north of there in a smaller but swiftly growing town.

article thumbnail

Condo Control wins winter 2025 G2 leader award

Condo Control

Its a happy new year at Condo Control. Were starting 2025 on a high note, and we have our amazing customers to thank for this exciting achievement! Condo Control has been recognized as a Property Management Software Leader. This distinguished award was given to us by G2 , a trusted peer-to-peer review platform, based on our sustained market presence and high volume of customer feedback. 435 software companies were competing to earn a leader award in the property management category, and we were

More Trending

article thumbnail

Renters Rights Bill is Almost Through the Commons With Some Worrying Additions

Landlord Vision

Article 4 The third and final reading of the Renters Rights bill in the Commons will take place on 14th January Renters’ Rights Bill 3rd reading – Parliamentary Bills – UK Parliament This will be the final debate in the commons following changes made during the committee stage. There have been some important changes proposed and the […] The post Renters Rights Bill is Almost Through the Commons With Some Worrying Additions appeared first on Landlord insider.

Landlord 111
article thumbnail

Managers, What Are You Doing That's Getting In Your Own Way?

Forbes Business Council

For managers, this question is uncomfortable but essential.

article thumbnail

Three Months After a Generational Storm, Here’s How Asheville’s Market is Recovering

BiggerPockets

Before wildfires raged in Los Angeles last week, we set out to get an update on the situation in Western North Carolina, where its lead city of Asheville was devastated […]

IT 77
article thumbnail

Seven Trends Shaping Cyber Threats And Risk Management For 2025

Forbes Business Council

The rise of technologies, coupled with trends such as remote work, is not just changing how businesses operate, but it's also changing how cybercriminals attack

article thumbnail

The Financial Freedom Formula Has Changed (2025 Update)

BiggerPockets

Can you still achieve financial freedom with real estate investing?

article thumbnail

Managing A Diverse Team? 18 Leadership Tips For Success

Forbes Business Council

Effectively managing a diverse team requires leaders who are committed to growing both personally and professionally.

article thumbnail

2025’s Massively Overlooked Real Estate Investing Opportunities

BiggerPockets

There will be some huge changes to the real estate market not only in 2025 but through 2028.

article thumbnail

Align Marketing With Reality: Understanding Your Customers First

Forbes Business Council

Where many brands seem to fall short is in confusing their desired outcomes with the reality of their markets.

105
105
article thumbnail

PMI and Guesty Join Forces to Open Doors to Better Travel Experiences

Property Management Inc.

LEHI, UTAH - PMI is proud to announce an exclusive partnership with Guesty , a premier property management software specifically designed for vacation rental managers! This collaboration unites two industry leaders under a shared goal of elevating the global standard for short-term rental property management. PMI’s vision is to become the world’s premier property management brand by delivering unforgettable travel experiences for every guest that stays in a PMI-managed property, whil

article thumbnail

Discomfort Is Your Compass: Embracing Challenges For Personal And Professional Growth

Forbes Business Council

Embracing discomfort can unlock unprecedented levels of personal and professional growth. It reminds us that the path to success is paved with challenges that shape us.

IT 105
article thumbnail

How to Invest in Real Estate in 2025 (For Beginners!)

BiggerPockets

Want to start investing in real estate but dont know where (or how) to begin?

article thumbnail

How Insurance Can Adapt To Interconnected Risks

Forbes Business Council

An interconnected world brings interconnected risks. In the modern age, threats interlock, intertwine and overlap.

Insurance 105
article thumbnail

Introducing My Workspace for Rent Manager Express

Rent Manager

The Rent Manager Development Team has been hard at work to bring ease-of-use and UI improvements to Rent Manager Express. As part of these ongoing updates, we recently released a My Workspace feature to make it easier for you to centralize your most-used pages and reports. Here, well dive into what My Workspace is, how […] The post Introducing My Workspace for Rent Manager Express appeared first on Rent Manager Property Management Software.

Rent 52
article thumbnail

Credit Card Processing: How A Lack Of Transparency Can Erode Businesses' Bottom Lines

Forbes Business Council

Credit card processing fees can be broken down into three main components.

105
105
article thumbnail

Airbnb SEO: quick strategies to boost visibility in 2025

Touch Stay

In the competitive world of short-term rentals, visibility is key. If your Airbnb listing isn't easily found, you're missing out on potential bookings. This is where Airbnb SEO comes into play. By optimising your listing for Airbnb's search algorithm, you can significantly improve your visibility, attract more guests, and increase your booking rates.

Airbnb 52
article thumbnail

2025 Prospects And Opportunities In The Mergers And Acquisitions Market

Forbes Business Council

The implications of M&A transactions are of significant importance to business leaders.

105
105
article thumbnail

Fair Housing Compliance for Landlords: Mitigating Risks and Protecting Your Business

RL Property Management

When it comes to managing rental properties, Fair Housing compliance for landlords is essentialits the foundation of a successful business. Yet, many landlords overlook how quickly non-compliance can lead to serious consequences. From hefty fines to lawsuits and long-lasting reputational damage, the risks are far too high to ignore. Navigating these laws can be complex, especially for self-managing landlords.

article thumbnail

Meeting The Values Of A New Generation: What Campus Stores Reveal About Gen Z Consumers

Forbes Business Council

From our daily interactions with this audience, its clear that Gen Z expects more from the retail experience than past generations.

Retail 105
article thumbnail

A Guide to Vrbo Host Fees in 2025

Host Tools

If youre planning to list your property on Vrbo in 2025, youll want to get familiar with Vrbo host fees. These fees will impact your profits and the overall success of your vacation rental business. In this guide, well break down everything you need to know about Vrbo host fees in 2025. Host Tools provides an automated, unified calendar for short-term rental hosts, allowing you to seamlessly list on all major channels.

Airbnb 52
article thumbnail

Maximizing ROI In Contact Centers: Strategies And Tools For Success

Forbes Business Council

With a focus on technology and omnichannel methods, here are some ways for contact centers to invest in ROI-driven solutions.

105
105
article thumbnail

The Vision of the Real Estate Technology & Transformation Center, or RETTC

Multifamily Insiders

In today's rapidly evolving landscape, the integration of emerging technologies like artificial intelligence and connectivity solutions is reshaping real estate. However, as technology grows, so does the need for responsible implementation and regulation. In a recent discussion with Kevin Donnelly, Executive Director & Chief Advocacy Officer at.

article thumbnail

20 Ethical Considerations For Business Leaders Making Big Decisions

Forbes Business Council

Embedding ethical considerations within every facet of decision making is key to ensuring sustainable business success.

105
105
article thumbnail

PMI Named Among the Top Franchises In Entrepreneur Magazine’s Franchise 500®

Property Management Inc.

LEHI, UTAH – Property Management Inc (PMI) has been recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first and most comprehensive franchise ranking. For 46 years, achieving placement on the annual Entrepreneur Franchise 500® has been a highly sought-after honor in the franchise industry and is recognized as an invaluable resource for potential franchisees. “The Franchise 500® is more than a list.

article thumbnail

Six Tips To Help Female Founders Achieve Balance And Success

Forbes Business Council

Resilience and strategic planning can help you cultivate a more equitable environment that promotes both professional growth and personal fulfillment.

105
105
article thumbnail

2025 Promises Change as Supply Growth Declines

Rental Housing Journal

The year 2024 ended on a down note for rents, but 2025 promises change as the supply growth declines, Yardi Matrix says in its yearend report. The report says the rental market has been stuck on a treadmill because: Metro-level performance has been mixedhigh-supply growth metros have seen advertised rents turn negative, while metros with low supply have recorded moderate growthbut national year-over-year growth has been stuck between 0% and 1.0% for 16 straight months, the report says.

article thumbnail

How Your Company Can Have More Ethical Practices For Underage Users

Forbes Business Council

When it comes to interacting with children online, businesses can do better.

IT 103
article thumbnail

The Evolution Of DEI: From Challenges To Opportunities

Forbes Business Council

I think the future of DEI exists in embracing a more holistic understanding of diversity, equity and inclusiona together-as-one approach.

98
article thumbnail

Why A Back-To-Basics Business Approach Is Needed Most For The Complex Year Of Change Ahead

Forbes Business Council

Leaders cant be leaders in name only.

98
article thumbnail

Mindshare Mastery: Turning Attention Into Influence And Growth

Forbes Business Council

Reinforce your message until your brand becomes synonymous with your space. Capturing mindshare is about being unforgettable. Its about creating a gravitational pull so strong that when people think of your space, they cant help but think of you.

IT 97
article thumbnail

Keeping The Pulse Of The Masses

Forbes Business Council

Successful companies are the ones who can listen to their customers and turn those insights into action.

59