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How AI is helping property managers meet a challenging market

Housing Wire

The property management landscape is evolving rapidly, with rising costs, shifting renter expectations, and increasing competition pushing industry professionals to rethink strategies. Forty-eight percent of property managers are looking for opportunities to reduce cost year-over-year, and 42% want to streamline maintenance operations.

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Property preservation firm MCS expands with acquisition

Housing Wire

MCS is the right fit and the right partner, and this will allow our clients to benefit from an expanded vendor network and technology that supports many of the largest banks and servicers in the country. .” “This is an exciting announcement for MSI,” CEO Steve Stallard said. It’s essentially a different world,” Torrance said.

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How to Invest in Real Estate: A 7-Step Beginner’s Guide

The Close

Build a network of reliable professionals like real estate agents, contractors, and property managers. Fix and flip: This involves buying a property that needs improvement, repairing it, and selling for a profit. They’re an excellent way to invest in real estate without owning property needing maintenance and tenants.

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How Digital Tools Changed Multifamily Amenities

AAOA

David Meit Principal at Oculus Realty. He admitted that resident experience apps have become an integral part of his properties tech stack. GET STARTED Property managers are able to collect the data from all of these interactions, giving them a level of understanding of their residents that was never possible before.

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Top 10 Trends in the Luxury Multifamily Housing Market

AAOA

in July 2024 Just about every multifamily project that BartonPartners has designed in recent years has marketed itself as a luxury property, says Bill Warwick, AIA, a Principal with the Philadelphia-based architecture and urban design firm.

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Property Management in 2020: How to Creatively Use the Chaos to Come Out Ahead

App Folio

The property management industry has been rapidly disrupted in 2020 in a way no one could have anticipated. Industry Principal Director of AppFolio, Stacy Holden, in this video to discover how you can build workplace loyalty, while orienting your teams towards growth. Listen to Sr.

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Five Ways to Boost Employee Retention in Property Management

App Folio

It’s one of the property management industry’s most pressing pain points. . While the average turnover rate across all industries stands at 22% , the property management industry has a turnover rate of 32.7%. . So what can be leaders and managers do to improve retention? Employee retention. Identify what motivates.