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How AI and a changing rental market will shape property management in 2024

Housing Wire

Two complex factors are set to transform the rental market in 2024, creating new challenges and opportunities for property managers. The second is a more competitive rental market, driven by record-high construction of multifamily rental properties. At the same time, the data suggests several benefits for early adopters.

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Property managers dodged bullet after Signature failure — for now

Inman

A short-term fix by the federal government helped thousands of property managers keep the lights on after the collapse of Signature and Silicon Valley Bank. But lending will be tougher now, experts told Inman.

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Bookkeeping as the Antidote to Property Management

GeekEstate

Today’s showcase: APM Help] Even tech-enabled property managers are just property managers and people-problems are impossible to solve with software alone. Enter APM Help, a team of software experts providing property managers with 50+ units, bookkeeping support, training, bank reconciliations, and on-demand consulting.

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How to Become a Property Manager in 7 Easy Steps

The Close

In my 28-year real estate career as a broker and coach, I have worked with many agents who have asked about either adding property management to their current business or becoming a full-time property manager. From the outside looking in, property management looks easy.

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Real Estate: Should You Double as Property Manager & Primary Contractor?

Realty Biz

And while this is great for the real estate business (and for eager seller’s), some property managers are having a hard time trying to keep up. But what about those property managers who also act as primary contractors? Contractors don’t typically manage properties. Time Management. Transportation.

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83 Questions to Ask Before Hiring a Property Manager

Norada Real Estate

You don't have to tell us, finding a good property management company is hard. When we first started investing in residential real estate we went through several property managers, struggling to find one that was truly exceptional. General Property Management Questions 1) How long has your company been in business?

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How Online Rent Payments Benefit Property Managers & Residents

App Folio

If you’re still collecting paper rent checks and manually entering bank data, then now is the time to implement a paperless system. As a property manager, you might be wasting lots of time and money every month manually collecting rent, preparing deposit slips, and making trips to the bank to deposit funds.