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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. All these factors add complexity to the job.

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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. 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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Tenant Retention 101: Essential Tips for Property Managers

BetterWho

Retaining good tenants goes beyond convenience—it impacts your bottom line. High turnover can drain your finances and disrupt your property management workflow. You’re not only looking at lost rent for every month your property is empty. means that keeping your tenants happy is very important.

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Everything You Need To Know About Lease Renewals

Rental Choice

A lease renewal is a common part of renting. It offers tenants and landlords a chance to continue the tenancy. If a tenant’s lease term will end soon, it’s important to know how the lease renewal process works. What is a Lease Renewal? It is essentially a new lease for the same property.

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The Next Chapter in Property Management: Trends to Watch Out For

Real Property Management Chicago

The swift change in the rental property management industry is no surprise. All of these factors, taken together, have lastingly altered the property management landscape. What then drives property management going forward? They can answer tenant inquiries and requests promptly.

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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.

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Property management virtual assistants: When they’re most valuable and when to avoid them

Buildium

Property management is a people-focused business. In this post, well cover what you need to know about property management virtual assistants, when they make sense over traditional staffing, and how to introduce them in a way that enhancesrather than disruptsthe way you do business. What Are Virtual Assistants?