February, 2025

article thumbnail

10 most common marketing mistakes property managers make

Buildium

Property management marketing isn’t just about listing properties; its about creating a brand, engaging with potential tenants, and maintaining relationships with current ones. Its an important part of business operations that not only brings in new owners and residents, but builds and maintains relationships with current ones. But when there is so much else to keep track ofmaintenance requests, rent collection, and the likeits easy to neglect your marketing and fall into some common marke

article thumbnail

Preventing Fair Housing Violations: A Proactive Approach to Stopping Harassment Before It Starts

American Apartment Owners Association

In property management, ensuring a safe and respectful living environment isnt just about reacting to problemsits about preventing them before they arise. Illegal harassment by employees or contractors can lead to fair housing complaints, legal consequences, and damage to a companys reputation. Rather than waiting for issues to surface, housing providers must take a proactive approach to prevention.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Real Estate Taxes 101 | Roundup for Investors, Landlords, and Property Managers

Rentec Direct

Tax season is upon us, and understanding real estate taxes for landlords, investors, and property managers is essential. As with any business, taxes can play a big role in your long-term ROI. Understanding taxes, from 1099s to rental deductions and everything in between, is key to get the most out of your real estate business. […] The post Real Estate Taxes 101 | Roundup for Investors, Landlords, and Property Managers appeared first on Rentec Direct Blog.

article thumbnail

Seasonal Maintenance Checklist for Rental Properties

Beach Front Property Management

Maintaining a rental property is not just about fixing issues as they arise, but it is also about proactive care to preserve value and maximize profitability. Regular upkeep prevents costly repairs, keeps residents satisfied, and ensures compliance with safety regulations. At BFPM, our experience with diverse maintenance challenges has shown that a structured approach makes property management smoother.

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

HOA Transition Checklist: Onboarding The New HOA Board

HOA Managememt

An HOA transition checklist can be very handy when welcoming new board members. Transitions happen whenever there are outgoing and incoming board members, which usually occur with each election. Getting all items down and passing all key documents is essential to ensure a seamless change. The Importance of an HOA Transition Checklist Elections typically occur annually in a homeowners association.

article thumbnail

What Happens If Someone Gets Hurt on Your Rental Property?

Bay Property Management Group

What happens if someone gets hurt on your rental property? As a landlord, you need to be prepared. Whether its a slip, a fall, or another accident, knowing your legal responsibilities and recourses can help you avoid costly issues. Let’s get into how you can deal with this ordeal. Main Takeaways If someone gets hurt on your property because of something you did or failed to do, you could be legally and financially liable.

More Trending

article thumbnail

Can You Charge A Pet Deposit or Pet Fee For Assistance Animals?

American Apartment Owners Association

Is it fair, or even legal, to charge a pet deposit for an assistance animal? This question often confronts landlords as they deal with the legal landscape concerning the rights of residents with disabilities. Assistance animals, including Emotional Support Animals (ESAs) and service animals, play crucial roles in the lives of many. Yet misunderstandings about their legal protections can lead to problematic situations.

Landlord 230
article thumbnail

10 Ways to Show Your Love To Your Tenants

Rentec Direct

With Valentine’s Day approaching, there’s no better time to show love to your tenants. These tenant appreciation ideas are perfect ways to reduce turnover, foster a great landlord-tenant relationship, and remind your tenants what sets your team and your rental property apart from the competition. The flood of chocolate hearts, red roses, and pastel candies […] The post 10 Ways to Show Your Love To Your Tenants appeared first on Rentec Direct Blog.

Tenant 299
article thumbnail

The Role of Smart Home Technology in Modern Multifamily Properties

Beach Front Property Management

Smart home technology for apartments is transforming multifamily living by making everyday life easier and more efficient. These innovations help property managers streamline operations, reduce costs, and create a more sustainable environment while improving the resident experience. Modern residents expect tech-enabled homes and smart technology plays a key role in attracting and retaining them.

Property 147
article thumbnail

How to Effectively Lead a Team: Tips for Property Managers in 2025

BetterWho

Leading Your Property Management Team in 2025: A Growth-Focused Approach In property management, success depends on leadership. Whether youre managing local employees or remote team members , the way you guide, support, and empower your team determines how smoothly your operations run. But leadership in 2025 isnt just about delegating tasksits about leveraging technology, setting clear expectations, and fostering a high-performance culture.

article thumbnail

Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

article thumbnail

Can A Landlord Charge a Cleaning Fee After You Move Out?

Bay Property Management Group

Moving out of a rental can be a bit overwhelming, especially if youre not sure what to expector what it might end up costing you. From the final inspection to the cleaning requirements, theres a lot to think about. But, at the end of the day, can a landlord charge a cleaning fee after you move out? In this guide, well break down the move-out process, explain whats considered normal wear and tear, and give you tips on how to avoid disputes over cleaning fees.

Landlord 130
article thumbnail

The pros and cons of a property management franchise

Buildium

If youre considering starting your own property management company, you may be tempted to look into property management franchises. They are certainly an easy way to get your foot in the door. When you buy into a property management franchise, as opposed to starting your own business, you become a part of a larger property management enterprise that gives you the tech, marketing, and other resources you need to get up and running fast.

article thumbnail

Preventing Fair Housing Violations: A Proactive Approach to Stopping Harassment Before It Starts

American Apartment Owners Association

In property management, ensuring a safe and respectful living environment isnt just about reacting to problemsits about preventing them before they arise. Illegal harassment by employees or contractors can lead to fair housing complaints, legal consequences, and damage to a companys reputation. Rather than waiting for issues to surface, housing providers must take a proactive approach to prevention.

article thumbnail

Tenant Screening: How to Use Criminal Background Reports Effectively – Video

Rentec Direct

A criminal background report is one of the many useful reports you can use for tenant screening when evaluating rental applicants. You will learn what kind of information you will actually find on a criminal background report from a tenant screening provider and how you can use that information when making a housing decision. The […] The post Tenant Screening: How to Use Criminal Background Reports Effectively – Video appeared first on Rentec Direct Blog.

Tenant 234
article thumbnail

11 Tips For Property Managers To Quickly Master ChatGPT & AI

Yardi Breeze

If youre trying to get better at AI tools like ChatGPT , youve probably already seen your share of explanations, descriptions, definitions and guides on the importance of artificial intelligence (AI). However, weve noticed that its easy to find information about how important AI tools are to learn and use, but its hard to find much about actually using them.

article thumbnail

AI in Property Management: What’s Hype vs. What Actually Works?

BetterWho

AI in Property Management: Separating Hype from Reality Artificial Intelligence (AI) is revolutionizing various industries, and the property management business is no exception. However, amidst the excitement, it’s crucial for property managers to distinguish between what’s merely hype and what genuinely delivers value. This article delves into the practical applications of AI in property management, highlights tools making a real impact, and debunks common myths surrounding AI in th

article thumbnail

Can You Deduct Your Own Labor on a Rental Property, Answered

Bay Property Management Group

Owning a rental property often means wearing many hatslandlord, accountant, and sometimes even handyman. So, you figure, you might as well benefit from all that hard work. So, if youre taking care of repairs yourself, can you deduct the cost of your own labor on a rental property? Its a fair question, especially with taxes always creeping up. After all, hiring contractors is deductible, so shouldnt your own hard work count too?

article thumbnail

A must-have property management preventive maintenance checklist to avoid costly repairs

Buildium

If youve been in the property management business for a while, youve probably witnessed firsthand how proper preventive maintenance can make or break a property’s success. Too often, property managers get trapped in the costly cycle of reactive maintenance, scrambling to address issues that could have been prevented with regular upkeep. This guide will help you develop and implement an effective preventive maintenance strategy that saves money, preserves property value, and keeps tenants h

article thumbnail

Best Property Management Software for 2025

American Apartment Owners Association

In today’s fast-paced rental market, being efficient and organized is the key to running a successful rental operation. Property management software (PMS) has become a must- have for landlords who want to streamline operations, manage their tenants, and maintain organized finances. But with so many property management tools available, how do you choose the right one?

article thumbnail

Best Marketing Tips for Filling Rental Vacancies Fast

Rentec Direct

Whether your local rental market is hot or cooling, there’s no doubt that filling vacancies fast is imparative for your rental business. Since vacancies have a big impact on your (or your owner’s) ROI, using the best marketing tips for rentals is imparative to reduce turnover time and mitigate vacancies. From website updates, to rental […] The post Best Marketing Tips for Filling Rental Vacancies Fast appeared first on Rentec Direct Blog.

article thumbnail

The Growing Demand for Short-Term Rentals in Multifamily Properties

Beach Front Property Management

The short-term rental market has experienced remarkable growth, especially within multifamily properties. Property owners and investors recognize the potential for increased revenue and adaptability, driven by evolving guest preferences, technological advancements, and shifting lifestyles. This blog explores the driving forces behind this trend using insights from short-term rental market data, highlighting how investing in short-term rentals can yield significant benefits.

Property 147
article thumbnail

BOI Reporting: Corporate Transparency Act Update (Feb. 2025)

Yardi Breeze

Latest update: 2/26/2025 The U.S. District Court for the Eastern District of Texas has determined at that Beneficial Ownership Information (BOI) are back in effect. For most companies, the new reporting deadline is March 21. Update: January 3, 2025 On December 27, 2024, the United States Court of Appeals for the Fifth Circuit temporarily blocked enforcement of the Corporate Transparency Act (CTA).

article thumbnail

How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

As a property owner, your investment is a business, and understanding your returns is essential. One key metric to track is your vacancy ratebut how do you calculate it, and what is a good vacancy rate? More importantly, what factors influence it, and how can you avoid common mistakes that many landlords make? In this guide, well break down how to calculate a vacancy rate, why it matters, and what you can do to keep it low.

Landlord 147
article thumbnail

Effective asset management property maintenance: Strategies for property managers

Buildium

Property maintenance plays a pivotal role in asset management, protecting a propertys long-term profitability and keeping tenant satisfied and turnover low. However, maintenance is far from the only responsibility property managers face. They also have to balance budgets, manage multiple sites and tenants, and adhere to legal requirements. This blog will explore ways to make maintenance one less stress point for property managers.

article thumbnail

How to Become a Tiny House Landlord

American Apartment Owners Association

In recent years, tiny homes have become a popular alternative to the traditionally large American-style home and a viable way to provide shelter within a small space. The structures have been used by those trying to downsize and as short-term rentals, disaster relief housing and homeless relief housing. Some tiny homes are actually found in trees. Although many people consider a house up to 600 square feet to be a tiny home, the 2021 International Residential Code (IRC) Appendix AQ, stated that

Landlord 255
article thumbnail

Rentec Direct Announces Tech Mastery Scholarship for Oregon Students

Rentec Direct

Rentec Direct Announces Tech Mastery Scholarship for Oregon Students Full Press Release Available on PRWEB Oregon-based property management software company, Rentec Direct, supports next generation of local technology leaders Rentec Direct, a leading property management software provider, has launched its 10th annual Tech Mastery Scholarship, now dedicated to supporting Oregon college students.

article thumbnail

What Are the Most Profitable Types of Commercial Real Estate?

Genuine Property Management

Commercial real estate investments can be a lucrative opportunity for those looking to generate strong financial returns. However, not all commercial properties yield the same level of profitability. Some property types consistently outperform others due to factors such as demand, location, and economic trends. In this guide, well explore the most profitable types of commercial […] The post What Are the Most Profitable Types of Commercial Real Estate?

article thumbnail

A Proactive Approach to Stopping Harassment Before It Starts

Rental Housing Journal

Preventing Fair Housing violations requires a proactive approach by housing providers to catch issues before they arise and stop harassment before it starts. By The Fair Housing Institute In property management, ensuring a safe and respectful living environment isnt just about reacting to problemsits about preventing them before they arise. Illegal harassment by employees or contractors can lead to fair housing complaints, legal consequences, and damage to a companys reputation.

article thumbnail

Questions To Ask During Your Apartment Tour

Bay Property Management Group

Finding the right apartment goes beyond just liking the spaceits about knowing what to expect. Asking the right questions to ask during an apartment tour can give you a clear picture of what living there will be like. In this guide, well share the essential questions you should ask to ensure youre making the best choice. Lets get started! Key Takeaways Ask the Right Questions During Your Apartment Tour – Finding the right apartment is more than just liking the spaceits about understanding

Apartment 130
article thumbnail

Understanding and managing rental property maintenance emergencies—before it’s too late

Buildium

In the property management business emergencies are inevitable. How swiftly and effectively you address these emergencies is what you can control. Your approach can significantly impact the profitability of each property in your portfolio, tenant satisfaction, relationships with your clients, and compliance with legal obligations. This post will help you manage these kinds of emergencies with expertise and promptness.

article thumbnail

ADDA Product Updates – Jan 2025

ADDA

Welcome to our Quarterly Product newsletter, where we bring you the latest ADDA product updates, and new releases in the product over the last quarter. We hope these features will surely enhance your community management experience. Lets dive into it. 1. Introducing Community Forms on ADDA Resident Portal! Access all essential forms anytime, anywhere, without visiting the Association office.

article thumbnail

4 Ways to Streamline Property Inspections for Investors

Rentec Direct

For real estate investors and entrepreneurs, time is money, and streamlining processes can have a big impact on your ROI. Using digital tools effectively, keeping standardized documentation and checklists and generally preparing for the inspection process can keep real estate inspections from cutting into your time spent building your portfolio. These key tips are what […] The post 4 Ways to Streamline Property Inspections for Investors appeared first on Rentec Direct Blog.

Property 130
article thumbnail

How to Screen Tenants

Genuine Property Management

Tenant screening is one of the most important aspects of being a landlord. A thorough process can help you find reliable tenants who pay rent on time, take care of your property, and avoid unnecessary disputes. In this guide, well walk you through the key steps to effectively screen tenants and protect your investment. Step […] The post How to Screen Tenants appeared first on Welcome to Genuine Property Management.

Tenant 130
article thumbnail

Reserve fund requirements for Canadian condominiums and stratas

Condo Control

Florida has historically been considered an ideal state to purchase a winter home. Not only is it easy to get to, but condominium units were plentiful and very affordable. However, a recent law is making prospective buyers think twice about buying a condo unit in Florida. Table of contents What is a reserve fund? Reserve fund studies Ontario reserve fund requirements Alberta reserve fund requirements British Columbia reserve fund requirements The law (SB 4-D) , which took effect at the end of

article thumbnail

Are Pet Deposits Refundable? What You Need to Know

Bay Property Management Group

Pets are great companions, but they dont always stick to the house rules! They might scratch the walls, leave unbearable smells, or even damage appliances. Thats why landlords often ask for pet depositsto protect their property in the event Fido goes a little too far. But are pet deposits refundable? Read on to learn more about pet deposits, why you might not get your refund, and your rights as a tenant.

Landlord 130