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.

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Media Property Management Property Manager Management 130

MRI Software

MARCH 6, 2024

Managing utilities in a multifamily property can be a complex task for landlords and property managers. You might face the challenges of fair cost distribution and encouraging energy conservation among tenants. But what is a ratio utility billing system? How does a ratio utility billing system work?

Utilities 52

Utilities Tenant Landlord Property Management 52

MRI Software

AUGUST 5, 2024

Tenants today are looking for more than just a place to live. As a landlord or property manager, it’s essential that you meet these multifamily housing trends to attract and retain tenants. Integrating smart home devices and utilizing advanced residential property management software is now a standard expectation.

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Tenant Property Management Software Residential Property Property Management 64

Real Property Management Chicago

JUNE 24, 2022

Suppose you’re a single-family Palatine rental property owner. 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. Wouldn’t it be nice if there was an approach to make this process easy and worry-free?

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Rental Property Electronics Property Management Software Property 130

BetterWho

OCTOBER 4, 2024

This isn’t just another regulatory issue; it sets new expectations for transparency, tenant relations, and operational fairness. 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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BetterWho

OCTOBER 28, 2024

Invest in Property Management Technology Technology plays a pivotal role in maintaining efficiency as your business grows. Implementing the right property management software can help automate processes, reduce manual work, and improve both tenant and owner satisfaction.

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Property Management Property Manager Management Property 130

Buildium

JANUARY 22, 2025

Digital marketing might just be the most common and accessible way that property managers can reach prospective owners and tenants. By improving your website’s visibility, you can attract more organic traffic and potential tenants. So how do you choose the ones to focus on?

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Property Manager Property Management Management Media 130

MRI Software

FEBRUARY 24, 2024

A tenant benefit package is a curated collection of services and amenities designed to enhance the living experience of renters. This package goes above the necessities of a rental property by offering additional perks that can impact tenant satisfaction and loyalty. The expectations of tenants are also evolving.

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Tenant Property Management Software Insurance Maintenance 52

American Apartment Owners Association

DECEMBER 2, 2024

Consider these factors: Proximity to Amenities: Properties near schools, parks, shopping centers, and public transportation tend to attract more tenants. Economic Stability: Invest in areas with a stable job market and economic growth, as this will ensure a steady stream of potential tenants.

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Real Estate Single-Family Home Property Management Property Manager 130

American Apartment Owners Association

NOVEMBER 27, 2024

One of the most direct ways to increase net operating income (NOI) is through smart expense management. This might include renegotiating contracts with service providers, improving energy efficiency to lower utility costs, or reducing vacancy rates by building strong relationships with tenants.

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Real Estate Rental Income Lease Tenant 130

American Apartment Owners Association

DECEMBER 2, 2024

Research is Key Begin by scouring listings and identifying potential multifamily property for sale that aligns with your investment goals. Utilize online resources, engage with real estate professionals, and participate in forums to deepen your understanding of the multifamily landscape.

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MRI Software

FEBRUARY 18, 2024

This blog offers comprehensive guidance on how to deal with tenant noise complaints in multifamily properties. We offer strategies for managing the different types of noise complaints and showcase how multifamily property software can streamline the process. Are landlords liable for tenant noise?

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Tenant Lease Agreement Property Management Software Property Management 52

MRI Software

DECEMBER 8, 2024

Multifamily energy savings programs are designed to help property managers and owners lower energy bills while improving overall efficiency. These programs not only reduce expenses but also create more eco-friendly, comfortable living spaces for tenants. Whether you manage one building or many, youll find valuable insights here.

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Property Management Property Manager Tenant Management 52

MRI Software

SEPTEMBER 5, 2024

Effective strategies can help you attract and retain tenants, ensuring your properties stay profitable and appealing to investors. Achieving high occupancy rates is about more than just filling vacancies; it’s about creating a desirable living environment for modern tenants.

Apartment 52

Apartment Tenant Property Management Software Property Management 52

MRI Software

DECEMBER 9, 2023

Dealing with multifamily tenant complaints is an inevitable part of property management. Tenant complaints will vary widely, from noisy neighbors to burst pipes to concerns about sustainability in multifamily properties. In this blog, we outline how to deal with multifamily tenant complaints.

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Tenant Property Management Software Property Management Property Manager 52

Real Property Management DC Metro

DECEMBER 19, 2024

Creating Budgets for Predictable Cash Flow Creating an adequate budget will successfully help property managers closely monitor the income and expenses for adequate cash flow for impending maintenance, emergencies, and other principal services. Managing your debt at levels will prevent your monthly expenses from overwhelming you.

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Property Management Property Manager Management Property 98

MRI Software

FEBRUARY 26, 2024

Effective tenant communication is an essential element of successful multifamily property management. The way you communicate can significantly impact tenant satisfaction, influence how conflicts are resolved, and play a major role in the overall management of your property.

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Tenant Maintenance Property Management Software Property Management 52

Buildium

JANUARY 22, 2025

Theres a lot of strategies out there, and some may be better suited for your company and management style than others. Weve compiled more than two dozen proven strategies you can choose from to win new clients, find the perfect tenants, and grow your business.

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Property Manager Property Management Management Property 130

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

MRI Software

FEBRUARY 16, 2024

Securing great tenants is key to the success of any multifamily property. These are the tenants who pay their rent on time, respect property rules, get along with their neighbors, and maintain their units. They are essential to a positive community atmosphere and simplified property management.

Tenant 52

Tenant Property Management Software Lease Property Management 52

BetterWho

SEPTEMBER 27, 2024

Once you’ve chosen your software, set up a chart of accounts specifically for property management. Separate your accounts into categories such as: Income: Rent, late fees, and other tenant charges. Expenses: Maintenance, utilities, property management fees, and insurance.

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Property Management Property Manager Management Property 130

MRI Software

AUGUST 1, 2024

Improving tenant satisfaction while keeping costs down and cashflow steady can be a challenge for landlords. Introducing amenities and advanced technology in your multifamily property can help you achieve this balance effectively. It helps you provide modern, connected living spaces that meet tenant expectations.

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Tenant Property Management Software Apartment Landlord 52

MRI Software

MARCH 12, 2024

Dealing with difficult tenants can be one of the most daunting tasks for property managers. However, with the right strategies and property management software , it’s possible to navigate these situations effectively and maintain a positive landlord-tenant relationship.

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Tenant Lease Agreement Landlord Lease 52

Real Property Management California Coast

DECEMBER 20, 2024

Creating Budgets for Predictable Cash Flow Creating an adequate budget will definitely help property managers closely monitor the income and expenses for adequate cash flow for possible maintenance, emergencies, and other salient services. Managing your debt at levels will prevent your monthly expenses from overwhelming you.

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Property Management Property Manager Management Property 97

MRI Software

AUGUST 2, 2024

Setting up an apartment complex recycling program is the first step; next, you need to educate your tenants. Educating tenants is crucial because it ensures everyone knows how to recycle correctly, reduces contamination of recycling bins, and promotes a sustainable community.

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Education Tenant Apartment Property Management 52

MRI Software

DECEMBER 5, 2023

High tenant turnover rates come with a host of challenges for property managers. Acquiring new tenants can be disruptive and costly, often involving strategic marketing, lead nurturing, tenant screening, and unit viewings or preparation. This makes tenant retention a top priority for multifamily property managers.

Tenant 52

Tenant Lease Maintenance Property Management Software 52

MRI Software

DECEMBER 8, 2023

Multifamily properties continue to be a popular choice among various types of multifamily renters. As a property manager, it’s essential to know what type of tenants are attracted to your property and the factors that drive their choices. Tenant screening is a proactive step in ensuring the safety of the community.

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Property Management Software Property Management Property Manager Single-Family Home 52

BetterWho

SEPTEMBER 21, 2024

Shift in Client Expectations: These changes may lead clients to expect similar flexibility from property management companies, impacting standard pricing structures. Implications for Property Managers: The shift could result in fewer tenants and clients, presenting challenges for property management.

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Property Management Property Manager Management IT 147

Florida Property Management

SEPTEMBER 11, 2023

From streamlining administrative tasks to enhancing tenant experiences, technology has become a game-changer for landlords and property managers. In this blog, we'll explore the profound impact of technology on managing rental investment properties and how it can optimize operations, improve efficiency, and maximize returns.

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Property Manager Property Management Management Property Management Software 52

MRI Software

DECEMBER 13, 2023

Here are the trends you can expect to see in 2024 for multifamily housing: 1) Increasing use of PropTech One of the most significant trends in multifamily housing is the increasing adoption of Property Technology (PropTech), specifically multifamily property management software.

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Property Management Software Property Management Property Manager Apartment 52

MRI Software

DECEMBER 9, 2024

Knowing how to manage these costs effectively is essential for keeping your property profitable and tenants happy. In this guide, well explore the typical operating expenses for multifamily properties, key factors contributing to expense growth, and the financial impact on both landlords and tenants.

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Management Property Utilities Insurance 52

Authority Property Management

AUGUST 3, 2024

Additionally, we will discuss potential solutions, the role of technology, and the future trajectory for the property management industry and landlords in California. Understanding AB12 AB12 aims to enhance tenant protections and promote fair housing practices.

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Property Management Property Manager Management Property Management Software 55

Nest DC

JUNE 7, 2024

While maintaining legal compliance is crucial, delivering high-quality housing is essential to attracting and retaining qualified tenants. By prioritizing both efficiency and quality in property management, you can create a win-win situation for yourself and your residents. Less Stress: Who wouldn't want less stress?

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Property Management Property Manager Management Property Management Software 52

Esquire Property Management Group

DECEMBER 11, 2023

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. Tenant insurance comes in several forms. For those involved in the commercial real estate (CRE) scene, grasping the basics of tenant insurance is crucial.

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Insurance Commercial Property Management Tenant Commercial Property 52

Authority Property Management

MAY 16, 2024

Whether you manage a vacation rental, student housing, or a long-term lease, these tips will help you attract quality tenants, minimize maintenance issues, and ultimately, maximize your rental income. Summer is upon us, and with it comes a surge in rental inquiries and potential tenants.

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Property Management Software Rental Income Property Tenant 52

MRI Software

SEPTEMBER 1, 2024

Multifamily renovations are a powerful tool for increasing property value, attracting quality tenants, and boosting rental income. This guide explores the most effective renovations, providing insights and practical tips to help you maximize your ROI and ensure your property remains profitable.

Apartment 52

Apartment Property Management Software Finance Rental Income 52

MRI Software

DECEMBER 15, 2024

This guide will explore key strategies and tools to help you automate property management tasks like rent collection, tenant communication, and maintenance management. What is property management automation in multifamily? AI chatbots: These answer tenant inquiries instantly and handle lead follow-ups.

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