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6 must-know industry trends for small property managers

Buildium

Fact #3: Tenant Quality Is Property Managers’ Top Concern Finding financially stable tenants is getting harder as rent growth outpaces wages, causing property management companies to prioritize tenant screening. In 2024, tenant quality emerged as the #1 concern for property management companies. This comes as U.S.

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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. Both are chatbot-type tools that help automate things like rent collection by automating communication about delinquency and the follow-up process.

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Why You Should Re-Key Your Hawthorne Property After Every Move-Out

Real Property Management California Coast

As a Hawthorne rental property owner, you’re perhaps trying to find resources to reduce property maintenance costs. Despite that you can do quite a few things to save money, re-keying your rental property’s locks is not one of them. If you are quite handy, you can re-key the locks of your rental property yourself.

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Why You Should Re-Key Your Adams Morgan Property After Every Move-Out

Real Property Management DC Metro

As an Adams Morgan rental property owner, you’re conceivably trying to find ways and means to reduce property maintenance costs. Notwithstanding that you can do particular things to save money, re-keying your rental property’s locks is not one of them. DIY or Hire a Pro?

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Why Decline A Tenant And How To Do It The Right Way

Rental Choice

It could hinder their ability to pay their rent in the long run. This is important as landlords must determine whether the tenant can afford to pay rent in addition to their living expenses and unforeseen costs. Are you looking for a qualified rental property management company? Many landlords set the minimum at 650.

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How will tariffs affect real estate and the property management industry in 2025?

Buildium

The two 10% tariffs imposed on February 3 and March 3 are in addition to tariffs of 10 to 25% that President Trump imposed during his first term on items such as electronics. For example, WSJ explains, landlords may raise rents in anticipation of increased costs. How Will Tariffs Affect the Economy? according to the BBC.