Late rent payments. Loud parties. Destruction of property. The list goes on and on. For property owners, there’s nothing worse than a problem tenant—except, maybe, when people who aren’t tenants start causing problems at the owner’s expense. Today’s...
The recent brouhaha over displaying the Confederate flag (okay, die-hards, it’s technically the Battle Flag of the Army of Tennessee or the Confederate Naval Ensign) has grabbed its share of national news headlines. It also has raised intriguing...
It’s the million-dollar question every property manager faces: How much should I charge for rent? Coming up with a rent estimate takes research and an honest look at what your property does and doesn’t offer to prospective renters....
As a property manager or owner, you deal with your fair share of problem tenants. But you may want some of them to remain tenants because their positives outweigh their negatives. For example, they may always pay rent...
Consumers love their pets. According to the Associated Press, Americans were projected to spend an all-time high of $60 billion on their furry friends in 2014 — a total that’s not shocking when you consider that Doga (yes,...
Moving to a new home or rental property can be seen as a dreaded, tedious task. There are so many things to consider: which moving company to use, which items to pack, the type of box to...
Noisy tenants and the people they annoy: Every property manager has to deal with them. But what do you do when the alleged noise-maker claims another resident’s angry response is over-the-top? I proposed the following scenario to five...
Tenant horror stories are a dime a dozen, but whenever we hear one, we’re relieved to know that even the worst tenants have to leave eventually. But this week, we heard about a terrible tenant who’s made it...
Have you noticed that your customers’ expectations have been on the rise over the last few years? As increased costs have forced many small businesses to raise their prices, customers’ expectations have surged as well—including for association management...
Despite shifting market conditions, the property management industry continues to grow at a stellar rate. According to Buildium’s 2024 Property Management Industry Report, 85% of the management companies we surveyed experienced portfolio growth within the last two years....
When you think of a rent roll and rent roll analysis, you probably think of investment opportunities. But a rent roll isn’t for investors only. Property managers—particularly those looking to grow—can use a rent roll to keep track...
In our 2024 Industry Report, a record 82% of property management companies that we surveyed reported portfolio growth over the past two years. That’s an impressive stat, but it may just be a preview of what’s to come....
 Every year, Buildium asks thousands of property management professionals how much their companies have grown over the past year, and how much they plan to grow in the year to come. This year, 89% of third-party property management...
According to Buildium’s 2024 Property Management Industry Report, 95% of rental owners are comfortable doing business with property managers online, marking a 15 percentage point increase from 2023. This familiarity is creating new expectations for property managers to...
Being prepared for unforeseen events is key to easing financial (and mental) burdens in the property management business. But with so many options for insurance, where do you start?