How to minimize tenant turnover using online property management tools

Housing Wire

Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. They may also wonder what’s wrong with the property if tenants keep moving out.

Outsourcing Property Management Pain

GeekEstate

One upside to renting is the ability to call someone else when something goes haywire with the property. While a great perk for tenants, the hassle of managing a property is a big reason landlords are likely to sell an investment property.

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Top 5 Property Management Mistakes

McKissock

Property management can be a rewarding investment, but all too often property owners don’t realize how complex this investment can be. Property management often involves detailed agreements and a diverse clientele, which means that there is a lot of room for error.

Emergency Preparedness Tips for Property Managers

App Folio

Managing rental properties is no easy task. Besides the financial responsibilities and legal due diligence required of property managers, the

Calgary firm recognized as Real Property Management ‘rising star’

REM Online

The original post can be found at the following URL: Calgary firm recognized as Real Property Management ‘rising star’. Real Property Management Bravo in Calgary, owned by Arshad Rashed, has been named the Real Property Management Rising Star of the Year.

2022 Top Property Management Trends

App Folio

Global events over the past few years simultaneously influenced an economic recession and a booming housing market. These unique market

Rental Property Management Tips: Renewal Incentives Tenants Actually Want

McKissock

Quality tenants—those who pay on time, take care of the property, and follow the rules of their lease—are a rental property manager ‘s dream. I will keep a less-than-ideal tenant to avoid the hassle of finding a new one, while my property sits empty—not making me money.

10 Property Management Tips For Landlords

Realty Biz

Whether you’re a seasoned real estate professional, or new to the industry, whether you’re using a rental as a primary form of income, or simply a passive revenue stream, property management is a serious business and should be treated as such.

Switching Property Management Software? Tips for a Smooth Transition

GeekEstate

One key way to future-proof your property management business is to use the right technology. Is it time to explore new property management technologies? . The post Switching Property Management Software?

10 Benefits of Hiring Property Management Services For Your Rental Property

Realty Biz

Your busy life might not allow visiting your rental property often and ensure its proper management. This can lead to several structural and cosmetic issues in your rental property like cracked ceilings and pest infestation - a big turn-off for potential tenants.

What Does a Property Manager Do? Run Your Rental So You Don’t Have To

Realtor.com

Rawpixel/iStock If you own a rental property and want help, a property manager can relieve you of a whole bunch of headaches. A property manager works for landlords, handling the day-to-day details of running a building. Responsibilities of a property manager.

4 Ways to Streamline Maintenance for Your Property Management Business

App Folio

Maintenance is one of the biggest headaches and most time-consuming workflows for property management businesses. As a property manager, you

Why Hire Rental Property Management Services?

Realty Biz

Those who have attempted to manage a rental property on their own will find that it is not difficult to hire a qualified rental property management agency. In today’s day and age, having a property manager is not only recommended but required. Property managers offer owners of rental investments nine key advantages. It is essential to the overall profitability of maintaining a property that rent be collected on time.

4 Time-Saving Property Management Tips

App Folio

In property management it often seems like there are never enough hours in the day to get everything done. Between

2022 Top Property Management Trends

App Folio

Global events over the past few years simultaneously influenced an economic recession and a booming housing market. These unique market

How Property Managers are Adjusting to the “New Normal”

Realty Biz

2020 has been a tough year for property owners and managers. But little has been done to help landlords and property management companies – most of which are small businesses, themselves. But this does not mean that effective property management is impossible.

What Do Property Management Employees Really Want?

App Folio

The foundation of the property management business is, of course, rooted in people. It takes a village of employees to

Expert Tactics to Drive Profits & Create Value in Property Management

App Folio

Being a property manager is a hustle. We speak with experts about where in a property manager’s operation they can find quick, easy-to-apply improvements that boost profits. I work in our Investment Management Group at AppFolio. Property Management Software

Red Flags to Look Out For In a Property Manager

Real Estate Investar

A great property manager is an important asset in your property investing team. When people invest in property, one of their main concerns is normally how they are going to manage tenants and ongoing maintenance issues.

Aaron and Treena Piva named Real Property Management’s Franchisee of the Year

REM Online

The original post can be found at the following URL: Aaron and Treena Piva named Real Property Management’s Franchisee of the Year. Real Property Management Executives in Kelowna, B.C., The following content may have been republished here without the author's permission.

How Does Commercial Property Management Work?

C4D Crew

Colorado hoa management companies have a lot of knowledge around properly running commercial property management. Most frequently, renters lease commercial properties to businesses, ranging from large shopping malls to single storefronts. Managing Commercial Real Estate.

Benefits of Adding LIHTC to Your Property Management Portfolio

App Folio

Access to affordable housing has been a significant issue in the United States for decades, but Harvard University reported that

Professional Property Manager or DIY Property Management

Real Estate Investar

An excellent property manager can be an important asset to your property investing team - so choosing the correct one is a crucial decision that you need to research thoroughly. Managing your Portfolio

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?

COVID Resources for Property Managers

Swiftlane

Property managers are juggling financial hardship from tenants and new guidance on how to operate their properties due to COVID-19. COVID Resources for Property Managers Property Manager Guidance COVID Resources and Guidance [&hellip

Top Tech for Landlords and Property Managers in 2021

GeekEstate

In the past, property management hasn’t been a particularly tech-savvy industry, but modern technology is helping virtually every sector increase speed and efficiency. The post Top Tech for Landlords and Property Managers in 2021 appeared first on GeekEstate Blog.

5 Pros And 3 Cons Of Professional Property Management

Realty Biz

But before getting to this point, you need to decide how to carry out the daily running of your property. The two options here are to self-manage and oversee everything from searching for tenants, handling tenant contracts, collecting rent, and overseeing repairs and maintenance.

Real Property Management Canada appoints Carla Browne as president

REM Online

The original post can be found at the following URL: Real Property Management Canada appoints Carla Browne as president. Carla Browne has been appointed president of Real Property Management Canada.

What are the benefits of using a property management team

Realty Biz

Being a property owner comes with its advantages, but it can also come with a lot of stress and headaches. It’s no surprise that many owners turn to a property management company to handle their vacancies, tenants, finances, maintenance, and much more.

Albert Langbid wins rising star award at Real Property Management

REM Online

The original post can be found at the following URL: Albert Langbid wins rising star award at Real Property Management. The original post can be found at the following URL: Albert Langbid wins rising star award at Real Property Management.

Check Your Property Management Business for These 6 Hidden Inefficiencies

App Folio

How much longer do you think your current technology solution will be able to keep up with your property management

4 Accounting Process KPIs Every Property Manager Should Track

App Folio

Understanding the financial health of your property management business is critical if you want to stay compliant and profitable, especially

Best Property Management Experts in Texas

Rent, Buy & Sell

Property management is an excellent way to maintain your rental property’s status quo. In case your property is vacant, they will ensure that it gets rented with an appropriate tenant. Benefits of a Property Management Company. Better Property Reviews.

Data Storage and Security for Property Managers

GeekEstate

The property management industry has benefited greatly from today’s technological advancements – developments in automation and cloud-based computing have paved the way for property managers, landlords and investors to streamline operations and maximize profits.

Data-Driven Property Management: Using Insights to Boost Productivity

App Folio

Even at a time when companies generate more data than ever, many property management companies struggle to access the data