Sat.Dec 14, 2024 - Fri.Dec 20, 2024

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Sustainable Practices Every Property Manager Should Be Aware Of

Real Property Management Evertrust

The renter demographic in the U.S. is gradually becoming younger, leading to an increasing demand for eco-friendly living options. This moving pattern offers rental property owners and managers a great prospect to embrace sustainable practices that can benefit the environment – and your bottom line. Removing the environmental impact of your rental property attracts more than just conscientious renters.

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Property management certifications that give you an edge

Buildium

No matter what stage your business is at, this post can help you learn what property management certifications and licenses out there, who administers them, and how they can help you boost your career.

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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

A landlord cannot let themselves into a tenants property without prior notice, except in emergencies. Generally, landlords must provide at least 24 hours notice before entering, respecting tenants privacy and adhering to specific state laws regarding entry reasons and times. This raises the question of whether a landlord can let themselves in without the tenants permission.

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PART 1: Why the Vendor Bidding Process Is Broken (and What It’s Costing Property Managers)

Fourandhalf

Its been a long time since we put out an episode of The Property Management Show and today were excited to talk with RoDevia Brigham, the founder and CEO of Proposabid. The vendor bidding process is an entire industry on its own, and this is a topic we have not covered before on the podcast. Introducing RoDevia and Proposabid Proposabid does bids and estimations for properties and repairs across US.

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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.

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Resident Retention Strategies That Work

Real Property Management Chicago

As a rental property owner, you are already familiar that renter retention is one of the critical elements to long-term success. Not only do high turnover rates increase costs, but they can also obstruct the stability of your investment property in other aspects. Because of this, resident retention should be a key priority for landlords and rental property owners alike.

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Top 10 property management tax deductions for 2025

Buildium

Property managers are engaged in a service business, which means theyre entitled to the full array of business-related tax deductions. Almost everything you buy for your business is tax deductible sooner or later, so long as it is ordinary and necessary and the cost is not unreasonable. Property management tax deductions can really add up. For example, if you buy a $2,000 computer and use it 100% for your business, you could deduct the full cost from your taxes.

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Shifts in CRE Loan Balances Point to Strengths and Weaknesses in the Multifamily Market

Appfolio

High interest rates are reshaping all sectors of the real estate industry. Explore how multifamily is adapting while continuing to meet the demands of this dynamic market and what it means for your investment and property management strategies.

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Tenant Screening Basics

Rentec Direct

Tenant screening basics includes an overview of valuable tenant screening reports such as credit checks, eviction history, criminal background checks, and income verification. Whether you’re new to property management or refining your approach, youll find tips that will improve your tenant screening process and ensure successful rental experiences.

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How bonus depreciation can save your property management company money

Buildium

Filing taxes is always top of mind at the beginning of the year, but even after April has come and gone, the money you and your owners can save through deductions should always be on your radar. Small changes to your tax filing strategy can actually lead to significant cost savings in just a short period of time. Knowing about the right deductions (and the right tools to report them easily) can help you keep money in your pocket (and save you hours of time).

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Tips to Minimize Tenant Turnover

American Apartment Owners Association

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023.

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Community Times – December edition

ADDA

Gold Unlocked: ADDA Shines Bright in Tenant Engagement! WE DID IT! ADDA has just WON GOLD for the Best Tenant Engagement Solution of the Year at the World Realty Congress Awards 2024! This victory is a testament to our amazing team, partners, and users who helped us redefine resident experiences worldwide! The future of real estate engagement is here, and were leading the way!

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Renter Safety: Keep Your Residents Safe from Burglaries During the Holidays

Rentec Direct

Staying safe this holiday season isn’t limited to navigating busy or icy roads while traveling. Landlords and renters alike should understand that properties are more vulnerable during the holiday season. Simply leaving the lights on, hiding your presents and being extra neighborly can keep your whole neighborhood safer from burglaries this year.

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What to Do in Washington D.C.: 8 Must-See Attractions

Bay Property Management Group

Wondering what to do in Washington DC? Washington, D.C. is not just the nation’s capital; it’s a treasure trove of history, culture, and unforgettable experiences. This guide will take you through 10 incredible destinations, from iconic memorials to unique new developments, ensuring your visit is packed with discovery and delight. Content of This Article The Stacks Development at Buzzard Point National Portrait Gallery President Lincoln’s Cottage Washington, D.C.

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Understanding Tenant Rights and Responsibilities: A Guide for Property Managers

American Apartment Owners Association

In property management, it is essential to be thoroughly aware of tenants’ rights and obligations. This information promotes amicable relationships and reduces the likelihood of legal conflicts. Let’s examine the specifics of these rights and obligations to assist property managers in better and more effectively navigating this complex environment.

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Why is ADDA the Best HOA Software for Effective Community Management?

ADDA

Managing a homeowners association (HOA) with the best HOA software involves balancing multiple responsibilities, such as managing maintenance requests, collecting fees, and ensuring smooth communication between board members and residents. Using a good HOA software is essential to achieving smooth community management. This is where ADDA comes in, offering an easy-to-use and feature-rich platform.

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The 5 best rental markets in Texas for investors & property managers in 2025

Buildium

Texas Rental Market Trends in 2025 With its robust economic growth, diverse population, and thriving job market, the state of Texas has attracted countless new residents and businesses in recent years. In fact, Texas has gained the most new residents of any state since 2000, with 9 million additional people calling Texas home in 2022, according to the Census Bureau.

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Employee Spotlight – Timothy Johnson, Assistant Maintenance Supervisor

Bay Property Management Group

At Bay Property Management Group, we are Baltimore property management professionals focused on customer service. Furthermore, our goal is to make property ownership both a pleasurable and profitable experience for our clients. We know that our success is due to our awesome team members and how they each contribute something special to our property management company.

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Holiday Fair Housing Check List

American Apartment Owners Association

The holiday season can be a joyous time for communities, but for property management professionals, it also presents unique challenges. Balancing festive cheer with the requirements of fair housing compliance and inclusivity is no small task. Inspections may uncover non-compliance in resident decorations, while staff communication could inadvertently reflect language that alienates or excludes some residents.

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Honouring Our Visionary Communities: Celebrating 15 Years of ADDA

ADDA

At the heart of ADDAs success are the communities that believed in us early on. To mark our 15 year milestone, we proudly presented the Community Visionaries Award to a few of our very first customersforward-thinking housing societies that embraced digital community management when it was not a norm, like it is today. Like true visionaries, these Communities, led by their Management Committee, not only adopted ADDA but also paved the way for the future – digital transformation of residenti

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Feature Enhancement | Instantly Match Vacancies With Tenant Leads

Rentec Direct

The lead management features in Rentec Direct provide the tools to attract, communicate with, and quickly convert rental leads into tenants. The new instant alert feature enhancement lets you know when an existing lead matches a newly vacant property, helping reduce vacancy time, improve tenant turnover rates, and increase profitability. Rentec Direct understands the value […] The post Feature Enhancement | Instantly Match Vacancies With Tenant Leads appeared first on Rentec Direct Blog.

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Real Estate Equity: A Guide for Investors

Bay Property Management Group

Real estate equity can be a powerful tool for investors seeking to build wealth over time. Whether you’re investing in commercial real estate, buying a single-family home, or looking at alternative investment choices like REITs, it’s critical to understand how to build and manage equity. In this article, we’ll break down the fundamentals of real estate equity, the various investment types available, and strategies to grow your equity while navigating the risks involved.

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How to Handle Common Lease Violations

American Apartment Owners Association

Have you ever encountered challenges with a lease violation? Lease violations are common situations that can impact both homeowners and residents. Fortunately, with a professional approach, they are entirely manageable. In this article, you will find the most common lease violation types. Residents will gain helpful tips to prevent violations, while property owners can learn proactive ways to address them while building strong resident relationships.

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ADDA at BAF’s Inter-Apartment Cultural Competition

ADDA

A Day of Community, Connection, and Celebration We at ADDA were excited to be part of the Bangalore Apartment Federation (BAF) s Inter-Apartment Cultural Competition at the Bunts Sangha Auditorium, Vijayanagar. As a sponsor, it was an honor to be a part of the event that showcased the true spirit of Bangalores apartment communities. An Event that Celebrates Togetherness and Talent The event brought together residents from across Bangalore to compete in categories like dance, music, and more.

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Is it Better to Rent or Buy a House in California?

Beach Front Property Management

Should you rent or own a home? It is a common question with no universal answer. Both options offer distinct advantages worth considering. Renting often comes with lower annual costs, as residents are not responsible for property maintenance or significant repairs. On the other hand, owning a home means taking full responsibility for its upkeep, which can increase expenses.

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11 Unique Things to Do in Bucks County, PA

Bay Property Management Group

Bucks County, Pennsylvania, is one of the most beautiful places in the country. If you’re visiting for the first time, there are several unique activities to enjoy, from historic locations to theaters. Here are some things to do in Bucks County this weekend: Content for the Article Visit Wineries & Vineyards Tour Historic Places & Museums Check Out Art Galleries Explore Theatres Visit Wineries & Vineyards If wine tasting has been on your bucket list, then it’s the perfect

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Multifamily Market Sees Strongest Demand Since 2021 Lowering National Vacancy Rate

American Apartment Owners Association

Multifamily demand expanded at the highest rate since 2021 during the third quarter of this year, with 176,000 units absorbed in an indication of a strong net change in occupancy. While the second quarter historically has the highest demand for apartments, this year the third quarter was significant enough to outperform the previous three months. Over the first three quarters of 2024, demand for rental apartments has already surpassed last years total by more than 100,000 units.

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Celebrating 15 Years of ADDA

ADDA

15 years ago, ADDA embarked on a simple mission – to make Best In Class, Affordable Technology available to Residential Communities to Power Happy Community Living! What started as a simple vision has now grown into a platform that powers over 3,500+ communities across the globe. As we celebrate this incredible milestone, we look back with gratitude and pride at the journey weve shared with our customers, partners, and team.

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Can HOAs restrict parking? What about vehicles?

Condo Control

If someone has strong feelings about HOAs, its usually because of the fees or the rules. Governed communities provide homeowners with numerous benefits, and homes often sell for more if they belong to an HOA. But the restrictions can create issues from time to time, which is why some people prefer not to live in an HOA. That is particularly true for people who drive larger vehicles, including pickup and commercial vehicles.

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Is Baltimore a Good Place to Live? Here’s the Truth

Bay Property Management Group

Baltimore is a city full of history, vibrant culture, and endless possibilities. If you’re considering moving here, you’re probably wondering: Is Baltimore a good place to live? Is it safe? What is daily life like in the Charm City? You’ll be happy to know that Baltimore offers a mix of urban energy and natural beauty, from exciting activities like aquariums, sports centers, and museums.

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Portland, Lincoln, Des Moines Top 2024 Livability Rankings

American Apartment Owners Association

Key Takeaways Portland, ME led the rankings as the most livable U.S. city, praised for its fitness culture, food scene, and balanced lifestyle. Lincoln, NE, and Des Moines, IA, followed closely, with Des Moines ranking highest in the nation for community and location factors. Nine of the top 20 cities are in the Midwest, with Wisconsin and Pennsylvania featuring multiple highly ranked metros.

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How to verify your Phone Number from the ADDA App

ADDA

Log in to the ADDA App and click on your Profile Picture. Follow the screenshots as listed below. STEP 1: Go to Profile in ADDA App>Click on Verify STEP 2: Verify your Phone Number STEP 3: STEP 4: DONE! The post How to verify your Phone Number from the ADDA App appeared first on ADDA BLOG.

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Addressing a key challenge: last-minute cancellations

Updater

With such frequent cancellations, pre-leasing efforts suffered, leading to occupancy challenges and potential revenue loss. To address this, BRG Apartments turned to Updater, a move-in technology that streamlined communication and task management for new residents. The post Addressing a key challenge: last-minute cancellations appeared first on Updater.

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7 Simple Small Apartment Bathroom Ideas to Try

Bay Property Management Group

Great things come in small packages, and your small apartment is no exception. With a few little fixes, your rental bathroom can be much more appealing to tenants. Here, we’ll share simple small apartment bathroom ideas for making your space more functional– and fashionable. Table of Contents Add a Smart Mirror Floating Furniture Take Advantage of the Small Nooks and Crannies Choose light colors Use larger tiles Install a curved curtain rod Hang assorted hooks 1.

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Watch AAOA’s Top 5 Webinars of 2024

American Apartment Owners Association

Don’t miss our most popular webinars of 2024, now available on-demand! Learn from the experts on critical topics that every rental property owner and manager should know: #1. What You Need to Know About Trusts, LLCs and 1031 Exchanges Landlords considering a 1031 exchange often hold their rental property in a trust, LLC or other entity. Such entities provide benefits relating to estate planning, limiting liabilities, and providing a structure for multiple partners.

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Gold at World Realty Congress Dubai 2024!

ADDA

ADDA Wins Gold at the World Realty Congress Awards 2024 in Dubai We are thrilled to announce that ADDA.io has been awarded Gold at the prestigious World Realty Congress Awards 2024, held in the vibrant city of Dubai. This honor celebrates our unwavering commitment to transforming community living through innovative technology and exceptional service.

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Eastwood Housing Corporation: From Outdated Systems to Seamless Property Management

Yardi Breeze

In todays residential property management landscape, its not the industry thats evolving its the needs of tenants and prospects. For businesses like Eastwood Housing Corporation , staying ahead means implementing innovative technology to operate at peak efficiency and meet these changing expectations. Eastwood Housing, a nonprofit based in St. Thomas, Ontario, manages a growing portfolio of affordable residential properties.