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Clear Selected
A 3-step guide to managing security deposit returns
Over the weekend, I was driving through New England with a group of friends when one asked if we could stop at his rental property in Eastern Connecticut. He wanted to pop into one of his units where...
Jason Van Steenwyk
| 6 min. read
The 3 buckets of cash reserves
It doesn’t matter what kind of business you run: you need a reserve fund to pay for future repairs, capital improvements and expenditures. And, as a property manager entrusted with substantial cash reserves, you have a fiduciary responsibility...
Property Management Accounting
You signed up to be a property manager, and you’re great at it. But suddenly you’re realizing you need to know a lot more about accounting to be successful in this profession. You need help! Accounting doesn’t have...
Marc Levetin
| 2 min. read
Accounting tips to avoid year end yips
Welcome to the final chapter of our year end tax preparation series for property managers. Find our first two posts, 1099s: The what, when, & how, and How to prepare for tax season. Special thanks to Buildium’s own...
Marc Levetin
| 4 min. read
December: holidays, snow, and tax season
Welcome to part 2 of 3 in our series about tax preparations for property managers. Last week, we talked about the basics of 1099s, this week, we’ll get more into the hows. Stayed tuned for more property management...
Elyse LeBlanc
| 1 min. read
Make the most from your property management fees
As the property management industry continues to get more competitive, it is increasingly important for companies to charge the right fees to win new business. Yet with so many services and ways to collect fees, how do property...
Thad Peterson
| 3 min. read
3 steps to getting residents to pay rent online
Online payments  are a massive time saver for you and your residents—not to mention, 77% of households surveyed say they prefer to pay their bills online. When they do, you eliminate busy work like opening and tracking mail,...
Marc Levetin
| 4 min. read
Income and expenses: What property managers need to know
A short while ago, I wrote a quick article about bookkeeping basics for a financially successful business. We got to talking about it around the office and someone suggested that I say a bit more on keeping your...
Daniel Craig
| 5 min. read
The PM forecasting mindset
No one can deny that 2020 has been a year of change, and as entrepreneurs, agility is what we thrive on. With every new obstacle has come new opportunities—and this year has been filled to the brim with...
Laurie Mega
| 8 min. read
How to run flawless, virtual HOA board meetings: Tips from a pro
Since the beginning of lockdown, property managers have had to come up with innovative ways to keep their residents safe while still providing the best service possible. One big change has been the way they run virtual HOA...
Amanda Maher
| 5 min. read
How does a 1031 exchange work? What property managers should know
Established real estate investors and property managers are likely already familiar with 1031 exchanges. The concept itself is simple: Reinvest the proceeds from the sale of a business or investment property into a like-kind investment in order to...
Tony Maiella
| 35 min. read
Forecasting 2020, Planning 2021 [Interview]
Knowing where you stand and forecasting the future: These are both simple ideas in business, but trickier than ever these days for property management companies. In order to do both, sound accounting practices and a simple forecasting framework...
Tony Maiella
| 13 min. read
The ins and outs of HOA reserve fund accounting
If you talk to an association and ask them about their hoa reserve fund accounting, you may hear some pretty unfortunate stories that happened before you arrived; reserve funds that were too low to cover repairs, treasurers who...
Laurie Mega
| 14 min. read
Property maintenance services: Everything you need to know from trends to seasonal checklists
Property maintenance services are a big part of what you do as a property management firm. Done right, regular property maintenance does more than just keep up the place. It provides value and safety for both your residents...
Tony Maiella
| 28 min. read
First 90 Days with Buildium: Essential Property Management
“Hitting the ground running” sometimes isn’t fast enough in property management. These days, property managers are sprinting as they have overhauled their businesses and adapted to the COVID-19 crisis. That’s particularly why it was so rewarding to talk...
Deb Newell
| 5 min. read
Why change up your business model now?: A property management consultant’s perspective
How many times have you heard that this is now your “new normal?” How many times have you pondered what COVID-19 will mean for the long term of your business? It’s no secret that your world—our industry—has changed...

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