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What Is KPI in Property Management?

BetterWho

If you’ve ever asked, “What is KPI in property management?” KPI stands for Key Performance Indicator , and in the property management business, its your north star. These metrics are how successful property managers track progress, identify weaknesses, and make data-driven decisions.

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The Ultimate Move-In Checklist for Property Managers

Buildium

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 Is a Move-In Checklist? Why Is a Move-In Checklist Important?

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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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How to Keep Your Tenants Safe

American Apartment Owners Association

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

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Digital marketing for property management: Choosing strategies that work

Buildium

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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What Can Void a Notice to Quit in PA?

Bay Property Management Group

Main Takeaways Here’s what can void a notice to quit in PA: Improper Delivery or Notice Errors A notice must be personally delivered or posted at the rental unit. Tenant Action or Payment If the tenant fixes the issue within the notice period or the landlord accepts partial payment, the eviction notice may become invalid.

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How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Keep reading to get the insights you need to maximize your rental income. Key Takeaways Vacancy Rate Directly Impacts Rental Income and Property Performance – A high vacancy rate means lost rental income and potential management issues, while a low rate signals strong demand and stable cash flow.

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