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Its no secret that rental maintenance requires careful coordination with tenants, vendors, and owners. We sat down with property management and process solutions consultant Kelli Segretto of K Segretto Consulting to tap into her 20+ years of experience within multifamily, single family, and LIHTC property management.
Any seasonal change marks the time to perform crucial maintenance tasks as a landlord or property manager. Spring’s arrival is the perfect time for landlords and tenants alike to tackle any crucial spring cleaning tasks that need to be done.
Ray Hespen, who is a frequent flier on The Property Management Show, joined us again to discuss maintenance metrics and how measurement improves resident satisfaction and owner NOI. The last time he was on the podcast, in late 2023, his team was just beginning to establish this concept of maintenance analytics.
Property maintenance plays a pivotal role in asset management, protecting a propertys long-term profitability and keeping tenant satisfied and turnover low. However, maintenance is far from the only responsibility property managers face. Address potential issues before they escalate into significant problems.
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If youve been in the property management business for a while, youve probably witnessed firsthand how proper preventive maintenance can make or break a property’s success. Why Preventive Maintenance Matters The benefits of preventive maintenance extend far beyond cost savings.
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Despite shifting market conditions, the property management industry continues to grow at a stellar rate. According to Buildiums 2025 Property Management Industry Report , 82% of the management companies we surveyed experienced portfolio growth within the last two years. Set up a tenant portal.
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If youre renting out your property, its only a matter of time before youll need to make an emergency repair, conduct a routine inspection, or invest in preventative maintenance. Because maintenance is such an important and constant responsibility for landlords, it pays to have software that can help lighten the load.
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.
Tim Wehner is a former president of the National Association of Residential Property Managers (NARPM ). While hes no longer on the National Board of Directors, his experience in property management and expertise on all things NARPM make him a valuable source of information. Start us off right, Tim! Tim : Absolutely.
As an experienced property management company in Northern Virginia , we can tell you one thing for sureamenities are what make a rental truly stand out. As Bay Property Management Group, we dont simply help you find a home that’s “good enough”we help you find exactly the right fit for you. Thats where we come in.
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As a residential property manager, your role bridges the gap between property owners and tenants, and how well you manage this connection can shape the experience of everyone involved. In this post, well walk you through the key areas of property leasing & management. Tenants should know whats expected upfront.
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Effective crisis management is essential in property management to handle unexpected challenges like natural disasters, maintenance emergencies, resident disputes, and financial setbacks. Property managers can respond swiftly and efficiently with proactive planning, clear communication, and smart technology.
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Timely maintenance and repairs are essential to prevent structural damage and ensure tenant safety. Proactive measures like gutter cleaning and sealing gaps mitigate potential problems, ensuring hassle-free property management year-round.
Property managers are under pressure to do more with lessfrom labor shortages to rising costs. What Is AI in Property Management? In property management, these abilities are used to optimize workflows that would otherwise take longer. Enhanced Tenant Experience: Unlike human customer support agents, AI chatbots never get tired.
A tenant portal gives renters an easy way to connect with their landlord or property manager to pay their rent online, submit maintenance requests, and review property notices.
Here are 3 steps to help deal with tenants and frozen pipes and hopefully avoid the problem in your rentals and the maintenance calls that can result this winter from Keepe. 1 The preventative methods for tenants and frozen pipes There are several things that property managers should do to prevent pipes from freezing in their rentals.
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Moving into a new rental property can be an exciting experience for tenants, but it can also be stressful. As a property manager, it’s important to make the process as smooth and efficient as possible. A move-in checklist documents the steps that should be taken before a new tenant moves into the property.
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Managing rental properties involves juggling numerous responsibilities, and one of the most demanding tasks is handling maintenance requests. For landlords, keeping up with repairs and upkeep across even one property—let alone multiple—can become overwhelming without the support of a reliable Virginia Beach property management company.
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In the previous editions of our property management software buying guide, we covered the basics of how to compare property managers, from key features software should have to assessing pricing models and customer reviews. We also explored specific considerations for multifamily property management software.
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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.
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.
If youre considering starting your own property management company, you may be tempted to look into property management franchises. In this article, well explore some things you should keep in mind if youre thinking about being a property management franchisee. They are certainly an easy way to get your foot in the door.
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8 spring maintenance items to check inside and outside your rental property to keep tenants happy and protect your investment. Here are eight spring maintenance rental-property checklist items for both inside and outside your rentals this spring, provided by Finnmark Property Services. Test smoke and carbon monoxide detectors.
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