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Residential Property Maintenance Metrics and Improving NOI (with Ray Hespen)

Fourandhalf

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.

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Rental property maintenance software for landlords

Buildium

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.

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Property maintenance management workflows 101: Setting up a system that meets your maintenance needs

Buildium

Its no secret that rental maintenance requires careful coordination with tenants, vendors, and owners. She shared the three most important property maintenance management workflows every property manager should follow and how to implement them. Start by documenting how youre currently handling property maintenance.

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What Does ‘Prorated Rent’ Mean? What You Need To Know

Bay Property Management Group

Ideally, when someone rents out a home, they’d move in the following month. Luckily, when that happens, you don’t necessarily have to pay that entire month’s rent. In other words, the tenant could pay a prorated rent, an amount that reflects the number of days you’ve lived in the rental.

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Can a Landlord Break a Rent-to-own Contract?

Bay Property Management Group

One of the benefits of this option is that you can rent while saving to buy the same apartment. Its a unique combination of renting and owning the property. And can a landlord break a rent-to-own contract? This guide will explain everything you need to know about rent-to-own properties. But its not always that simple.

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The Complete Spring Maintenance Guide for Property Managers

Rent Manager

The departure of winter means it is time to inspect your properties for any damage the cold, snow, […] The post The Complete Spring Maintenance Guide for Property Managers appeared first on Rent Manager Property Management Software. For property managers and landlords, its a whole different story.

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Are Utilities Included in the Rent, Explained

Bay Property Management Group

Rent prices are always changing, and having utilities included might seem like an easy way to keep things simple. But are utilities included in rent? Main Takeaways To know if utilities are included in the rent, your answer is simple: look at your lease (and local laws). Read below to learn more. It’s a staple.

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