Sat.Feb 08, 2025 - Fri.Feb 14, 2025

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

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

Building Strong Vendor Relationships: A Property Manager’s Key to Success

Real Property Management Chicago

Creating a network of dependable vendors is crucial for rental property owners or managers who want to maintain their rental property in good condition. From system maintenance to landscapers, cleaning services, emergency repairs, and beyond, strong vendor relationships are the key to acquiring both cost-effective property maintenance and high-quality work.

Property 189
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

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

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.

More Trending

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

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

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 203
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

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

Thriving in High-Turnover Rental Markets: Strategies for Property Managers

Real Property Management Evertrust

Managing rental properties in a high-turnover market is like a dynamic cycle of move-ins and move-outs. This high turnover may result in numerous issues, from higher expenses to increased vacancy rates and more work and stress for property owners and managers. On the other hand, along with the challenges of frequent turnover present opportunities to optimize leasing strategies, from marketing to screening and beyond, and to uncovering novel methods to maintain solid cash flows.

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

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

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

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

5 ways for high rise condominiums to save money in 2025

Condo Control

Densely populated high rise condominiums have always been budget conscious. With so many expenses, its not hard to overspend and exceed the annual budget. But this year is different. Reducing costs or finding new ways to generate revenue isnt just a goal, its a necessity for many large condo communities. Costs for services, materials, and energy have skyrocketed over the past few years, and there is no reason to believe they will go down anytime soon. 5 ways condominiums can save money Reduce ad

article thumbnail

What Is A Lease Violation and How To Prevent Them

Bay Property Management Group

Renting a home seems straightforward enough on paper. You pay rent and enjoy your space. But sometimes, without even realizing it, you might break a lease rule that could get you in trouble or, worse, evicted. So, what is a lease violation, and how can you avoid making one? In this guide, well break down what the most common ones are, what the consequences involve, and how you can stay on the safe side when it comes to them.

Lease 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

HOA Not Giving Financial Records? Here’s What Homeowners Can Do

HOA Managememt

Is your HOA not giving financial records? Homeowners shell out association dues and assessment fees to help invest in and enhance the community. With the amount of money they contribute, they may wonder if their pay is put to good use. Understanding Homeowners’ Rights Part of managing a community is transparency, and a homeowner in your community has the right to it.

article thumbnail

Seven Emerging Trends In The Podcasting Landscape

Forbes Business Council

To stay ahead in the podcasting industry, it's important for brands and creators to understand the trends shaping this dynamic space.

IT 121
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 130
article thumbnail

The role of property maintenance management systems in successful property management

Buildium

As a property manager, you already know that keeping things running efficiently is no small task. Managing tenants, overseeing budgets, coordinating repairs, and maintaining the property can quickly become overwhelming without the right tools. This is where property maintenance management systems come into play. These systems are designed to help you handle maintenance tasks, track issues, and communicate with vendors, making it easier to keep your properties in good condition while saving time

article thumbnail

Are Your Properties Compliant with Law and Code Enforcement

American Apartment Owners Association

Californias balcony inspection laws, SB721 and SB326 , are reshaping how property owners and HOAs approach building safety. The deadline for SB 326, which applies to condominiums and HOA-managed properties, has officially passed. If your association hasnt yet completed inspections, you are now out of compliance, potentially exposing yourself to serious liability and fines.

article thumbnail

From Clicks To Conversions: Digital Marketing Trends Defining 2025

Forbes Business Council

For businesses looking to dominate in a competitive market and amplify their lead-generation efforts, now is the time to act.

119
119
article thumbnail

Are Townhomes A Good Investment? Here’s The Truth

Bay Property Management Group

Are you thinking about investing in a townhome? Townhomes are quickly becoming a hot choice for real estate investors. And its easy to see whythey offer the perfect balance between affordability and space, making them appealing to both buyers and renters. So, are townhomes a good investment? What should you consider? And what are the pros and cons? Keep reading and we will walk you through the full picture!

article thumbnail

A new phase in property management companies’ portfolio growth? [The Lookout]

Buildium

Heading into 2025, portfolio growth was at the top of property management companies list of priorities for the seventh year straight. But theres been a noticeable shift in companies plans for portfolio growth over the past yearand thats what well cover in this installment of our research content series The Lookout. Property Management Companies Portfolio Growth Plans for 2025 & 2026 For ten years now, Buildium has surveyed thousands of property management professionals to find out where thei

article thumbnail

Flexible Rent Payments Help Property Managers And Tenants

Rental Housing Journal

By offering flexible rent payment programs, property managers can help residents stay on track while ensuring steady cash flow and smoother operations. By Aaron Gries Vice President of Product Management at Zego Rent is the biggest expense for most residents, and many struggle to pay it on time. With costs rising and paychecks stretching thinner, staying on top of rent isn’t getting any easier.

article thumbnail

An AI Retrospective: From Hype To Reality

Forbes Business Council

To effectively harness AI's potential, companies can adopt strategic approaches that facilitate AI adoption within their operations.

113
113
article thumbnail

Stop Scrolling, Start Noticing: Get Your Community Updates Without Distractions!

ADDA

Is Your Community Announcements Getting Lost in the Ads? As a Management Committee (MC) member , do you often find it frustrating to ensure that important announcements reach residents without being drowned in Ads? Or, as a resident , have you ever missed a crucial update because it got lost in endless Ads? Effective communication is the backbone of a well-managed community.

article thumbnail

Successful rental property maintenance management: Best practices, challenges, and solutions

Buildium

Maintaining rental properties is a delicate balance between being proactive and staying flexible and responsive in the case of emergencies. But what does that look like in practice? This blog post is designed to help you answer that question by clearly laying out the challenges and best practices that go into successful rental property maintenance management.

article thumbnail

Bill Would Allow 3-Day Evictions in Federal Subsidized Housing

Rental Housing Journal

Federal lawmakers have introduced a bill to allow landlords to give tenants in federal subsidized housing 3-day eviction notice, according to reports. Landlords had been required to give 30 days notice to tenants in federally subsidized housing before evicting them for non-payment of rent, after COVID-19 protections had ended. The U.S. Department of Housing and Urban Development (HUD) had made the 30-day eviction rule permanent.

article thumbnail

Closing The Leadership Development Gap

Forbes Business Council

Leading others is not always easy, and using a strong sense of self to inform your efforts can make the experience quite rewarding.

111
111
article thumbnail

5 Essential Features for a High-Performing Multifamily Website

Multifamily Insiders

You ever notice how two coffee shops can serve the same drinks, but one just feels better? The vibe, the layout, the way everything flows it all adds up. Your apartment website works the same way. Two properties might offer similar perks, but the way you present them? That's the game-changer. Here's the deal: If your website isn't easy, clear, an.

Apartment 106