Buildium

JANUARY 13, 2025

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?

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Real Property Management Chicago

NOVEMBER 22, 2024

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? As a professional in the industry, staying ahead of the trends is imperative.

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Property Management Property Manager Management Property 241

Buildium

OCTOBER 28, 2024

Like many small property managers, you probably want to grow your business. That means staying on top of industry trends and knowing where the real opportunities lie—all covered in the 2025 Property Management Industry Report. For small property managers, finding new customers can be challenging in a competitive market.

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Property Management Property Manager Management Property 246

Buildium

NOVEMBER 12, 2024

As a large property management company, you know how important it is to establish standard processes and leverage technology. It’s no secret that finding new units to manage can be tough right now. In our Industry Report , 36% of property management professionals said that’s how they plan to grow in the next two years.

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Property Management Property Manager Management Property 243

Buildium

DECEMBER 26, 2024

This pressure is carrying over to boards relationships with HOA managers. 27% of board members surveyed in our latest community association industry report pointed to finding and working with HOA management companies as a major source of stress for their communities. HOA Accounting Managing HOA finances is no small feat.

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Management Insurance Maintenance Property Management 241

Buildium

NOVEMBER 5, 2024

Property managers are going to be busy in 2025. According to our 2025 Property Management Industry Report , 91% of property managers we surveyed plan to expand their portfolios in the next two years. But it’s still an essential part of 2025 planning.

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Appfolio

MARCH 16, 2021

It’s one of the property management industry’s most pressing pain points. . While the average turnover rate across all industries stands at 22% , the property management industry has a turnover rate of 32.7%. . So what can be leaders and managers do to improve retention? Employee retention. Identify what motivates.

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Property Management Property Manager Management Property 289

BetterWho

SEPTEMBER 21, 2024

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. The cost of finding a new tenant, additional maintenance, marketing the property, etc., Or is maintenance due? The cost of turnover adds up.

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Buildium

JANUARY 6, 2025

Instead of a necessary burden, what if HOA board meetings could be an efficient and inspiring part of your job as an association manager? This includes everything from budget approvals and maintenance projects to resolving disputes and planning community events. The Purpose of HOA Board Meetings First, the basics.

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Management Government Property Management Software Consulting 243

Real Property Management Evertrust

JANUARY 9, 2025

The property management industry is evolving, mostly propelled by technological advancement. Indeed, AI-based technology is transforming every facet of rental property management. Continue reading to uncover the key technologies revolutionizing rental property management and defining the industry’s future.

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Property Management Property Manager Management Property 147

Buildium

OCTOBER 21, 2024

One of the biggest responsibilities you’ll have as an association manager is keeping your HOA’s finances in good shape. Finances are the backbone of any association, and managing them well is a large part of protecting a community’s longevity. How do you ensure the budget stays on track? What are HOA Finances?

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Finance Management Attorney Consulting 245

Buildium

JANUARY 21, 2025

Generating enough revenue to compensate for rising costs remains a top challenge for property management companies in 2025. Factors Impacting Property Management Companies Profitability So, whats going on here? And its difficult for maintenance services to turn a profit when labor and supply costs have risen so far.

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Real Property Management Enterprises

DECEMBER 6, 2024

Ensuring consistent maintenance is a fundamental aspect of effective property management, as recognized by seasoned property owners. Preventing expensive repairs and keeping tenants satisfied often hinges on following a proactive maintenance schedule. Developing a Comprehensive Maintenance Schedule.

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Maintenance Property Management Software Property Property Management 87

Buildium

JANUARY 22, 2025

As a property manager, you already know that, to find new clients and tenants, youll have to meet them where they are. Let’s dive into some social media strategies for property management to help you broaden your reach and better engage with your audience. By doing so, youll be seen as knowledgeable and responsive.

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Media Property Management Property Manager Management 130

Buildium

JANUARY 22, 2025

Implementing marketing strategies can require time and resources that you might not have as a busy property manager. Thats where property management marketing tools come in. Property Management Marketing Tools: What Are They?

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Property Management Property Manager Management Media 130

Avantio

JANUARY 14, 2025

Property managers face a myriad of challenges, navigating through the short-term rental industry. Is investing in property management software the key to success in a competitive industry? Contents Toggle Is investing in property management software the key to success in a competitive industry?

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Property Management Software Property Manager Property Management Management 40

BetterWho

OCTOBER 28, 2024

Scaling your property management business is an exciting step toward growth, but it comes with operational challenges. In this post, we’ll explore five proven strategies to help you grow your property management business while ensuring efficiency remains at the forefront.

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Property Management Property Manager Management Property 130

Condo Control

DECEMBER 11, 2024

Most property management companies and professionals take a bit of time at the end of each year to prepare for new business strategies, goals and trends. While financial challenges persist, property management companies will continue to leverage technology and seasoned staff members to increase revenue and maintain growth rates.

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Property Management Property Manager Management Property 130

Buildium

JANUARY 22, 2025

Success in property management often comes down to planning. Thats especially true when it comes to marketing your business and the properties in your portfolio. This post will walk you through how to craft a winning property management marketing plan tailored to meet your specific business needs.

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Property Management Property Manager Management Media 130

BetterWho

NOVEMBER 20, 2024

Growing a property management company is a rewarding yet complex journey. It requires balancing tenant relations, property maintenance, client satisfaction, and team management. Here’s a comprehensive guide on how to grow your property management business and thrive in this competitive industry.

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Property Management Property Manager Management Consulting 130

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.

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Property Management Software Property Management Property Manager Management 52

Propertyware

OCTOBER 18, 2021

By: Laurie Mega Managing multiple locations can be a constant juggling act, particularly if you have locations that fall across city, county, or state lines. Using the right software can solve many of the most common problems larger property management firms face. But what’s the issue with that, you ask?

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Property Management Software Property Management Property Manager Management 52

Authority Property Management

NOVEMBER 29, 2024

This is a subtitle for your new post The property management industry is evolving rapidly, thanks in large part to the development of new technologies. Today’s property managers are no longer relying on outdated methods like paper records or manual tenant tracking. This not only saves time but also ensures consistency.

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Property Management Property Manager Management Property 98

Buildium

JANUARY 22, 2025

In a competitive market, effective marketing strategies for property management companies can set your business apart and attract a steady flow of clients. Theres a lot of strategies out there, and some may be better suited for your company and management style than others.

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Property Manager Property Management Management Property 130

BetterWho

SEPTEMBER 27, 2024

Property management accounting can be overwhelming. Whether you’re a seasoned property manager or just getting started, mastering accounting will help you make informed decisions, avoid costly mistakes, and ultimately, grow your business. There are many options, but not all are suitable for property management.

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Property Management Property Manager Management Property 130

American Apartment Owners Association

DECEMBER 16, 2024

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. Use this data to personalize communication, offers, and services.

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Tenant Lease Property Management Property Manager 234

Buildium

JANUARY 22, 2025

Digital marketing might just be the most common and accessible way that property managers can reach prospective owners and tenants. The Importance of Digital Marketing in Property Management When property owners and renters begin their search for management or a rental unit, they usually start online.

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Property Manager Property Management Management Media 130

Buildium

JANUARY 22, 2025

Property management requires constant attention to detail, tenant relations, and efficient operations. As automation tools get more advanced, theyre increasingly becoming a no-brainer to help property managers strapped for time. What is Property Management Marketing Automation?

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Property Management Property Manager Management Property 130

Rentec Direct

NOVEMBER 20, 2024

If you are a real estate investor who is choosing to self-manage your rental properties, there are specific planning and research tasks you should consider. Key Ideas: Taking the first steps to manage your rental property as a DIY […] The post 5 Essential Planning Tasks for Landlords appeared first on Rentec Direct Blog.

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BetterWho

NOVEMBER 26, 2024

Understanding the Rental Market Trends Rent prices are a hot topic for both property managers and renters. This blog explores the factors behind the current trends, including the potential for a rent price decrease , and offers insights to help property managers and renters navigate the ever-changing rental market.

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BetterWho

OCTOBER 4, 2024

As a property management business owner, the recent lawsuit between the Federal Trade Commission (FTC) and Invitation Homes has raised concerns across the industry. If you’re a property manager, this lawsuit serves as a stark reminder of the growing scrutiny on how property management companies handle tenants and fees.

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Real Property Management Enterprises

JANUARY 9, 2025

The property management industry is evolving, with technology serving a pivotal function in this development. In fact, AI-based technology is fluctuating in almost every way that rental properties are supervised. Tenant portals, in particular, allow renters to pay rent with just a few clicks at any time and from any location.

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Property Management Property Manager Management Property 87

Real Property Management DC Metro

DECEMBER 19, 2024

Effective financial planning is the heart of any successful property management business. It allows property managers to meticulously keep an eye on their incomes, expenses, and profitability, and successfully find opportunities for future growth and stability.

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Property Management Property Manager Management Property 98

Real Property Management California Coast

DECEMBER 20, 2024

Effective financial planning is the pillar of any successful property management business. It enables property managers to earnestly observe their incomes, expenses, and profitability and discover opportunities for future growth and stability.

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Property Management Property Manager Management Property 97

BetterWho

SEPTEMBER 21, 2024

As a property management company owner, the recent NAR lawsuit might have you questioning your next moves. This isn’t just another headline; it’s a game changer for how we manage properties and comply with new regulations. That means vacancies will be harder to fill.

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Real Property Management Chicago

JUNE 24, 2022

In that case, you have to find tenants, keep track of payments and repairs, and manage all the other aspects of owning and managing rental property. It includes everything from online tools for finding and managing tenants to apps for tracking payments and repairs to virtual reality tools for viewing properties.

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Rent Manager

JULY 31, 2024

Consecutive turnovers […] The post How to Stay on Track with Unit Turnovers appeared first on Rent Manager Property Management Software. Understanding your unit turnover rate is important as it allows you to determine how much time and money you will need to invest during these turnover periods.

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