Buildium

MARCH 19, 2025

Note: This guide is intended to provide general information on rental property tax accounting. For specific advice on your own property or portfolio, speak with a tax professional that can examine your specific situation in detail. Operating Expenses Operating expenses are the costs of maintaining and managing your rental property.

Rental Property Management 130

Rental Property Management Rental Property Property Manager Property Management 130

American Apartment Owners Association

JANUARY 9, 2025

If this sounds familiar, you might assume property management software is just another expense eating into your profits. This article will investigate the true value of property management software, including its uses and benefits for landlords of all sizes (financial and otherwise).

Property Management Software 130

Property Management Software Property Manager Property Management Management 130

American Apartment Owners Association

JANUARY 9, 2025

If this sounds familiar, you might assume property management software is just another expense eating into your profits. This article will investigate the true value of property management software, including its uses and benefits for landlords of all sizes (financial and otherwise).

Property Management Software 130

Property Management Software Property Manager Property Management Management 130

MRI Software

FEBRUARY 11, 2025

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. What is the purpose of lease audits?

Lease 52

Lease Landlord Lease Agreement Property 52

BetterWho

MARCH 28, 2025

AI-Powered Tenant Communication AI-powered chatbots and virtual assistants can handle tenant inquiries 24/7 , instantly providing lease details, answering maintenance questions, and processing service requests. Impact: Faster response times, improved tenant satisfaction, and reduced workload for property managers.

Property Manager 130

Property Manager Property Management Management Property 130

Buildium

MARCH 3, 2025

Moving into a new rental property can be an exciting experience for tenants, but it can also be stressful. Coordinating the move, getting the keys, signing the lease, and making sure the unit is in good shape before move-in are all high priorities. What Steps Should Be Included in a Move-In Checklist?

Property Manager 130

Property Manager Property Management Management Property 130

Buildium

FEBRUARY 4, 2025

How to Free Up the Time and Resources to Provide Better Service Before you dive into offering custom services to landlords and board members, its important to create space in your busy schedule. With the right tools, you can save time, streamline tasks, and focus on delivering standout service.

Property Manager 189

Property Manager Property Management Management Property 189

Yardi Breeze

JANUARY 23, 2025

which focuses on protecting tenants rights, landlords rights and property rights. Role of technology & property management software Interviewer : What role does proptech play for members? Tim : AI is already creating efficiencies in property management, and I think its role will continue to grow.

Property Manager 264

Property Manager Property Management Management Property 264

Property Management Inc.

MARCH 13, 2025

Managing Your Property Effectively Effectively managing a rental property requires proactive management. One must ensure timely repairs, address tenant issues quickly, and maintain a clean, attractive property. If managing independently becomes overwhelming, consider hiring a property management company.

Landlord 40

Landlord Rental Income Rental Unit Lease Agreement 40

American Apartment Owners Association

DECEMBER 16, 2024

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. For property management companies and landlords, focusing on tenant retention is not just a smart business move it’s essential for long-term success.

Tenant 246

Tenant Property Management Property Manager Lease 246

American Apartment Owners Association

JANUARY 29, 2025

Why Rental Property Accounting Software is Important for Landlords Before you can understand why real estate accounting software is important, you must first understand what it is. So, what is property management accounting software and why should you use it?

Landlord 100

Landlord Property Management Software Finance Property Management 100

Buildium

NOVEMBER 12, 2024

For example, data analytics can help pinpoint what you should charge for services, the most effective leasing strategies, or what market to invest in next. And that’s exactly where property management software can prove invaluable. Yet, 79% of landlords also own their property primarily for the rental income it provides.

Property Manager 243

Property Manager Property Management Management Property 243

Buildium

NOVEMBER 5, 2024

1099 Requirements for Property Owners If you own the property you are managing (a private landlord), you do not need to file a 1099 for any work related to that property. How to File Create and Send 1099s in Buildium Using existing, purpose-built software is often the fastest and most cost-effective way to go.

Property Manager 227

Property Manager Property Management Management Electronics 227

RL Property Management

FEBRUARY 10, 2025

The Importance of Effective Lease Renewals Lease renewals are more than just necessary paperworktheyre an opportunity to solidify tenant relationships, maintain a stable income, and reduce turnover-related expenses. Understanding the Lease Renewal Process What is a Lease Renewal?

Lease 52

Lease Landlord Property Management Property Manager 52

BetterWho

SEPTEMBER 21, 2024

This includes checking backgrounds and speaking with previous landlords to ensure reliability. Call previous landlords to get insights into their behavior and reliability. Knowing whether they paid rent on time or maintained the property well can help you avoid problems later. Next, make reference checks part of your routine.

Property Manager 233

Property Manager Property Management Tenant Management 233

MRI Software

FEBRUARY 27, 2025

Leases are designed to provide stability for both landlords and tenants, but unforeseen circumstances can sometimes force landlords to consider breaking the agreement. Understanding your rights and responsibilities during an early termination of the lease agreement by landlord is key to handling lease terminations effectively.

Lease 52

Lease Landlord Lease Agreement Tenant 52

MRI Software

DECEMBER 14, 2023

Multifamily property management software has transformed property management operations. This software enables property managers to streamline daily tasks, effectively manage revenue and expenses, and enhance tenant satisfaction.

Property Management Software 52

Property Management Software Property Manager Property Management Management 52

Real Property Management Evertrust

SEPTEMBER 25, 2024

As a new landlord, one of the inevitable parts of managing rental properties is handling tenant complaints. While this can seem daunting, addressing issues quickly and effectively is key to maintaining happy tenants, preserving the condition of your property, and reducing turnover. Common Mistakes New Landlords Make 1.

Tenant 130

Tenant Property Management Software Landlord Contractors 130

BetterWho

OCTOBER 4, 2024

Impact on business practices: Property managers must reassess their leasing processes to avoid potential litigation. Property managers should ensure that all fees are transparently communicated to prospective tenants upfront—before lease agreements or application fees are signed.

Property Manager 130

Property Manager Property Management Management IT 130

MRI Software

FEBRUARY 25, 2025

Managing these properties effectively requires more than just collecting rent; it involves strategic planning, financial oversight, and operational efficiency. Without a solid asset management strategy, landlords risk losing revenue and facing operational challenges. What is multifamily asset management?

Landlord 52

Landlord Management Property Management Software Property Management 52

Authority Property Management

NOVEMBER 29, 2024

Instead, technology has become a game-changer, making tasks easier, more efficient, and offering better services for both landlords and tenants. From automation to AI-driven tools, technology is reshaping every aspect of property management. Software like AppFolio have become essential tools in streamlining operations.

Property Manager 100

Property Manager Property Management Management Property 100

American Apartment Owners Association

SEPTEMBER 5, 2024

This article was contributed by DoorSpot property management software. Manage your entire portfolio with one simple tool. Managing rental properties can be both rewarding and challenging. One of the biggest headaches landlords face is making sure rent is collected on time, every time.

Rent 130

Rent Tenant Landlord Property Management 130

MRI Software

FEBRUARY 8, 2025

Master leases are transforming the way multifamily properties are managed, offering landlords reliable income and opportunities for profit. These agreements are gaining popularity as an effective strategy for streamlining property operations and maximizing returns. What is a master lease agreement?

Lease Agreement 52

Lease Agreement Lease Real Estate Landlord 52

MRI Software

FEBRUARY 5, 2025

Multifamily properties are a vital part of the real estate market, offering housing for multiple households within a single building or complex. These properties provide landlords and investors with opportunities to generate rental income while meeting a variety of housing needs. What defines a multifamily property?

Property 52

Property Finance Rental Income Single-Family Home 52

MRI Software

FEBRUARY 4, 2025

It helps maintain stable occupancy rates and ensures the long-term success of your multifamily property. By applying these multifamily leasing tips, you can stand out in a competitive market and make your property more appealing to prospective renters.

Lease 52

Lease Tenant Property Management Software Property Management 52

American Apartment Owners Association

AUGUST 30, 2024

Tasks like tour scheduling, applicant vetting, lease renewals, rent collection, and maintenance requests are prime candidates for automation. Property Management Software: A robust property management system can automate routine tasks, improve communication, and provide essential data for informed decision-making.

Lease 162

Lease Property Management Property Manager Maintenance 162

MRI Software

SEPTEMBER 6, 2024

With so many rental agreements in play, understanding lease transitions is more important than ever. Whether you’re dealing with an old lease vs new lease, knowing how to navigate these transitions can save you time and avoid potential legal issues. What is the difference between old and new lease?

Lease 40

Lease Lease Agreement Landlord Tenant 40

American Apartment Owners Association

NOVEMBER 27, 2024

Lease terms, too, can be restructured to include automatic rent escalations tied to inflation or market conditions, protecting NOI over the long term. Effective management can also extend to tenant retention.

Real Estate 130

Real Estate Rental Income Lease Tenant 130

American Apartment Owners Association

DECEMBER 2, 2024

LEARN MORE Leveraging Technology In today’s digital age, technology can streamline property management make sure to hire a PM that uses Tech to your advantage: Property Management Software: Use software to keep track of finances, lease agreements, and maintenance requests efficiently.

Real Estate 130

Real Estate Single-Family Home Property Management Property Manager 130

American Apartment Owners Association

DECEMBER 2, 2024

Property Management Software Once you’ve secured a multifamily property, efficient management ensures sustained profitability. Property management software helps organize leasing documents, manage maintenance requests, and track rent payments.

Property 130

Property Real Estate Finance Property Management Software 130

Authority Property Management

AUGUST 3, 2024

The Impact of Assembly Bill 12 on the Property Management Industry and Landlords Assembly Bill 12 (AB12),went in to effect on July 1, 2024, and introduced significant changes to California's property management landscape. Rent Control Expansion: Extending rent control measures to more properties.

Property Manager 59

Property Manager Property Management Management Property Management Software 59

MRI Software

AUGUST 5, 2024

As a landlord or property manager, it’s essential that you meet these multifamily housing trends to attract and retain tenants. In this guide, we highlight the multifamily technology trends that are here to stay and why they are essential for modern residential properties. What is multifamily technology?

Tenant 64

Tenant Property Management Software Residential Property Property Management 64

MRI Software

DECEMBER 5, 2024

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income.

Rental Income 52

Rental Income Insurance Landlord Rent 52

MRI Software

DECEMBER 10, 2024

This is making many commercial landlords wonder, can you rent out commercial property as residential to address the housing crisis or boost property income? This guide explores key considerations for landlords looking to make this transition, from legal requirements to practical adaptations and market demand analysis.

Commercial Property 52

Commercial Property Landlord Rent Residential Property Management 52

Florida Property Management

SEPTEMBER 11, 2023

The Power of Technology in Managing Rental Investment Properties Revolutionizing Property Management: The Power of Technology in Managing Rental Investment Properties Introduction The world of real estate investment has experienced a transformation in recent years, thanks to the rapid integration of technology into property management practices.

Property Manager 52

Property Manager Property Management Management Property Management Software 52

MRI Software

DECEMBER 12, 2024

Tenant default is a challenge many landlords and property managers face, often causing financial stress and operational disruptions. Whether its missed rent payments or a lease violation, understanding why tenants default and how to address these issues is key to protecting your rental business.

Tenant 52

Tenant Lease Agreement Insurance Property Management Software 52

MRI Software

DECEMBER 17, 2024

With tenants expecting seamless services and landlords juggling various responsibilities, its no surprise that smart tools are a must. Apartment complex management software provides the streamlined, effective solutions you need to stay on top of daily tasks. Why is apartment complex management software important?

Apartment 52

Apartment Management Property Management Software Property Management 52