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The property management software buying guide: How to choose the best multifamily property management software

Buildium

In the previous editions of our property management software buying guide, weve talked about comparing software using high-level criteria such as price and features. But different property types come with their own host of challengesand theres specific tools that can help with each.

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

Buildium

1099-MISC and 1099-NEC Filing Options for Property Managers You have several options when filing 1099 forms. You can do it yourself, either by mailing the documents in person or electronically through the IRS’s Filing Information Returns Electronically (FIRE) system or you can hire an accountant or a CPA to do it for you.

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12 Tasks for Property Management Automation

Second Nature

Property management automation refers to using technology and software to automate various tasks and optimize processes related to managing properties. It's hard to find a professional property management business that doesn't use property accounting software.

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Landlord’s guide to residential insurance: Key elements for protecting your residential properties

MRI Software

Encourage tenants to get renters insurance to protect their personal property, like furniture or electronics. Its also a good idea to include a clause in your lease agreements specifically stating that they will need to get insurance for their personal belongings.

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Guide on how to educate tenants about recycling. With sample letter!

MRI Software

Here’s how you can help: What to recycle: Paper (newspapers, magazines, cardboard) Plastics (bottles, containers with recycling symbols) Glass (bottles, jars) Metals (aluminum cans, tin cans) What not to recycle: Plastic bags Styrofoam Food waste Hazardous materials (batteries, electronics) Recycling bins are located at [specify locations].

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What is renters insurance?

MRI Software

For property managers and landlords, making sure tenants have renters insurance is crucial to avoid financial problems if something unexpected happens. Multifamily property management software makes this easier by letting tenants buy and keep track of their renters insurance right from the system.

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Single-Family Property Management Service Trends for 2022

Propertyware

Property managers can keep tabs on vacancy times, turnover rates, and any other statistics important to them and their clients, making these portals even more effective than many traditional ways of communicating with owners. That way, owners see only what they need to see to make the best decisions for their investments.