Buildium

MARCH 19, 2025

Expense Categorization: Rental property software often includes features that automatically categorize expenses into different areas, such as repairs, utilities, or management fees. This helps you keep an accurate record of where money is being spent, making it easier to manage costs.

Rental Property 130

Rental Property Landlord Property Utilities 130

Buildium

MARCH 19, 2025

Operating Expenses Operating expenses are the costs of maintaining and managing your rental property. These include: Advertising for tenants Property management fees Repairs and maintenance Utilities (if paid by the landlord) Insurance premiums These expenses can be subtracted from your rental income, reducing your taxable income.

Rental Property Management 130

Rental Property Management Rental Property Property Management Property Manager 130

Buildium

JANUARY 22, 2025

Utilize Content Marketing Content marketing involves creating and sharing valuable content to attract and retain customers. For property management companies, this could include blog posts, videos, infographics, and downloadable guides. Email Segmentation: Segment your email list based on client interests and behaviors.

Property Management 208

Property Management Property Manager Management Property 208

Real Property Management Evertrust

JANUARY 9, 2025

Automation Enhances Maintenance Efficiency Managing property maintenance and repair is a significant duty for many rental property managers and owners. In turn, automated maintenance management can significantly enhance efficiency, optimizing this frequently laborious procedure.

Property Management 241

Property Management Property Manager Management Property 241

Buildium

APRIL 7, 2025

Assess the Propertys Needs Start by walking through the community to assess areas that require regular maintenance. Utilities: Checking HVAC systems, plumbing, and electrical components. By understanding what needs attention, you can tailor the schedule to the propertys unique requirements.

Maintenance 182

Maintenance Contractors Management Property Management Software 182

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.

Property Management Software 52

Property Management Software Property Management Property Manager Management 52

Real Property Management Chicago

NOVEMBER 22, 2024

Though it is still in its early stages in the property management industry, this particular trend has great potential to suddenly trend in the next months and years. AI-Powered Property Management Tools Property management software has developed greatly in the past years.

Property Management 242

Property Management Property Manager Management Property 242

Avantio

JANUARY 14, 2025

Is investing in property management software the key to success in a competitive industry? This question resonates with property managers worldwide looking for efficient ways to streamline operations, maximize revenue, and enhance guest satisfaction. What Is Property Management Software?

Property Management Software 40

Property Management Software Property Management Property Manager Management 40

Buildium

APRIL 16, 2025

Evaluate Scope of Work Walk through the property to determine what needs to be done (aka the scope of work). For example, does the property need to be painted? Are there utilities that need to be turned on? Either way, youll receive keys to access the unit so the work can start. Does the landscaping need attention?

Maintenance 130

Maintenance Property Maintenance Management Property 130

Buildium

DECEMBER 30, 2024

For example, you can deduct the rent and utilities you spend for an office or other workspace outside of your home. Having property management software with accounting features can help you do that. For business meals, however, you can only deduct 50% of the total cost.

Property Management 245

Property Management Property Manager Management Property 245

Buildium

JANUARY 22, 2025

” Utilizing Ads Social media advertising allows you to target specific demographics, such as age, location, and interests. Use paid ads to promote special offers, new property listings, and upcoming open houses.

Property Management 130

Property Management Property Manager Management Media 130

MRI Software

MARCH 6, 2024

Managing utilities in a multifamily property can be a complex task for landlords and property managers. The ratio utility billing system (RUBS) provides a solution that can streamline utility management, ensuring efficient and accurate utility billing. Occupants per unit.

Utilities 52

Utilities Tenant Education Landlord 52

Buildium

DECEMBER 26, 2024

As the main, reliable source of income to finance its operating and capital expendituresareas that have been under a lot of pressure recentlyboards see securing this funding as priority number one for effective management. However, on its own, pulling all the data and putting the reports together can take hours of the community managers time.

Management 245

Management Insurance Maintenance Property Management 245

American Apartment Owners Association

DECEMBER 16, 2024

Utilize GenAI to understand context and sentiment in communications, enabling more nuanced and personalized interactions. Technology integration: Implement a robust property management software solution to automate tasks, centralize data, and enhance communication.

Tenant 246

Tenant Property Management Property Manager Lease 246

Real Property Management Chicago

JUNE 24, 2022

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. If you’re not utilizing proptech yet, you’re missing out on a lot of benefits and gains.

Rental Property 130

Rental Property Electronics Property Property Management Software 130

Buildium

JANUARY 6, 2025

Additionally, utilizing software for agenda preparation, meeting scheduling, and record-keeping can help organize and manage meetings more effectively. Property Management Software with HOA Features For the biggest range of benefits, turn to property management software with purpose-built features for association management.

Management 243

Management Government Property Management Software Consulting 243

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.

Property 130

Property Real Estate Finance Property Management Software 130

American Apartment Owners Association

JANUARY 29, 2025

Your needs and goals as a business owner will influence your decision, but ultimately, one software stands out as the best landlord accounting software in 2025: Ledgre. Ledgre is an accounting software built specifically for managing rental properties. Thats where property management software comes in.

Landlord 100

Landlord Property Management Software Finance Property Management 100

Rental Housing Journal

MARCH 24, 2025

“Our ELI+ offerings are transforming how property managers utilize AI within their operationsenabling smarter workflows, automating complex processes, and delivering highly personalized resident experiences,”said Catherine Wong, Chief Operating Officer at Entrata, in a release.“Entratas

Property Management 52

Property Management Property Manager Manufacturing Management 52

Buildium

OCTOBER 21, 2024

Utilities and Services Any utilities that aren’t billed directly to individual members will need to be accounted for in the budget. However, if your association includes utility costs in the membership dues, you’ll need to consider the usage rates for the entire community.

Finance 245

Finance Management Attorney Consulting 245

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.

Property Management 130

Property Management Property Manager Management Property 130

BetterWho

OCTOBER 4, 2024

Diversify Revenue Streams If your business relies heavily on additional tenant fees, consider diversifying your income through services like maintenance packages or premium property management offerings that provide clear value. Utilize Compliance Tools Invest in property management software that includes compliance features.

Property Management 130

Property Management Property Manager Management IT 130

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.

Property Management 98

Property Management Property Manager Management Property 98

American Apartment Owners Association

DECEMBER 2, 2024

LEARN MORE Leveraging Technology In today’s digital age, technology can streamline property management make sure to hire a PM that uses Tech to your advantage: Property Management Software: Use software to keep track of finances, lease agreements, and maintenance requests efficiently.

Real Estate 130

Real Estate Single-Family Home Property Management Property Manager 130

MRI Software

FEBRUARY 11, 2025

Rent and payment discrepancies Rent and payment discrepancies are among the most frequent issues identified during a multifamily property lease audit. CAM charges, utility fees, or even base rent may not align with what is outlined in the lease, leading to overcharges or lost revenue.

Lease 52

Lease Landlord Lease Agreement Property 52

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.

Real Estate 130

Real Estate Rental Income Lease Tenant 130

BetterWho

SEPTEMBER 27, 2024

Expenses: Maintenance, utilities, property management fees, and insurance. It may seem obvious, but many property managers make the mistake of using a single account for everything, leading to confusion and errors. This will help you categorize income and expenses properly.

Property Management 130

Property Management Property Manager Management Property 130

MRI Software

AUGUST 5, 2024

The rise of multifamily technology Multifamily technology is changing how properties are managed and how tenants interact with their homes. Integrating smart home devices and utilizing advanced residential property management software is now a standard expectation. What is multifamily technology?

Tenant 64

Tenant Property Management Software Residential Property Property Management 64

MRI Software

DECEMBER 8, 2023

We highlight their characteristics, preferences, and how you can attract and retain these tenants with multifamily property management software. The 5 types of multifamily renters Understanding the diverse needs and preferences of multifamily tenants is crucial for property managers.

Property Management Software 52

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

American Apartment Owners Association

AUGUST 30, 2024

Consider these six strategies to optimize for efficiency: Conduct a Thorough Expense Analysis: This involves reviewing all expense categories, like utilities, maintenance, marketing, and others line by line to pinpoint opportunities for cost savings. Expense management software can streamline this process and help identify trends over time.

Lease 162

Lease Property Management Property Manager Maintenance 162

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.

Property Management 97

Property Management Property Manager Management Property 97

Real Property Management Enterprises

JANUARY 9, 2025

Automation Enhances Maintenance Efficiency Managing property maintenance and repair is a primary concern for several rental property managers and owners. As a result, automated maintenance management can profoundly alter the environment, streamlining this often protracted procedure.

Property Management 98

Property Management Property Manager Management Property 98

MRI Software

NOVEMBER 4, 2024

Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for multifamily properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion of your overall operating costs.

Utilities 52

Utilities Insurance Property Management Software Property Management 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.

Property Management Software 52

Property Management Software Property Management Property Manager Apartment 52

Florida Property Management

SEPTEMBER 11, 2023

These technologies not only enhance property security but also provide cost-saving opportunities through energy efficiency. Smart thermostats, for instance, allow for precise control of heating and cooling, reducing utility costs for both landlords and tenants.

Property Management 52

Property Management Property Manager Management Property Management Software 52

Rent Manager

AUGUST 7, 2024

With more than 170 integrated providers to choose from, Rent Manager delivers one of the most diverse platforms in the industry. Since our last Quarterly Integrations Periodical, we’ve […] The post Rent Manager Integrations Periodical August 2024 appeared first on Rent Manager Property Management Software.

Rent 52

Rent Management Property Management Software Property Management 52

MRI Software

DECEMBER 9, 2024

Typical operating expenses for multifamily expenses fall into predictable categories like maintenance, utilities, and property management fees. Fixed and variable multifamily expenses Fixed multifamily expenses, like property taxes and insurance premiums, stay relatively stable year-round.

Management 52

Management Property Utilities Insurance 52