Sorry folks, but the answer is: it depends! I know you hate that answer, but here’s why it does really depend! Engineer/Maintenance Staff: The number-one issue for any property manager to evaluate is whether or not there are...
If you’re new to property investing or management, it’s important that you first and foremost understand the different property “classes.” These classes help set standards as well as acceptable rental rates. So, let’s take a close look at what...
Are property newsletters old news? The answer is yes and no. Newsletters are a vital connecting point between you and your building occupants. As a property manager, I always felt compelled to reach out to and keep in...
One of your responsibilities as a property manager is to maintain a safe and secure property. Unfortunately, there are a number of scenarios within property management that a criminal—or even just an opportunist—could exploit. The list below outlines...
It is a tough time of the year for us property managers as many of us are in the process of planning our budget for next year. However, it’s also a perfect time to poll all of your property owners, vendors,...
The other day a property manager asked me how one can make money for their company and building, using Twitter, Facebook, LinkedIn or any other online network. It was a great question. I believe so many property managers,...
You want to make a purchase, but what is driving that decision? Is it cost benefit analyses, the idea of getting more bang for the buck, impulse, or is it a high return on investment? And what does...
Twitter is a fascinating tool. You can love it or hate it, but if you love it, there are a multitude of styles and personalities you can apply to this powerful online tool. While there are many different...
Single-family property management comes with its own challenges. With responsibilities spread across properties, instead of under one roof, you aren’t able to consolidate your work or benefit from economies of scale. However, the right technology can keep you...
Seasoned property managers know that the resident experience doesn’t begin at move-in—it starts with your company’s initial communications with a prospective renter, or even before that, with your rental listings. As of mid-2022, more renters were thinking of...
The best events aren’t just a chance to network and learn new skills. They’re a launchpad for change—for your business and the entire industry. That’s what PM Nation is all about. On March 19–22, in San Diego, we’re...
Any job gets easier once you’ve got the right tools, and property management accounting is no different. But, do you really need accounting software that’s specific to property management to keep your books in order? The short answer?...
Which real estate markets present the biggest growth opportunities for rental investors and property managers in 2023—and how do those locations change from year to year? Our annual list of up-and-coming real estate markets assesses thousands of data...
If you’ve looked at your properties’ utility bills lately, you know that something is amiss. The global energy crisis has homeowners and property managers alike feeling the squeeze of inflated energy costs. While there is no easy way...