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Geoff Roberts
| 3 min. read
Staff versus software for property management
There’s no doubt about it—of all the business problems you could potentially have, being too busy is certainly not a bad option. However, being too busy can become a problem if you lack the bandwidth to stay on...
Geoff Roberts
| 3 min. read
Choosing the right business entity for your property management business
The business entity you choose for your property management company will affect you in very real ways—especially when it comes to taxation and financial and legal liability. This is a big decision and one that you may want...
Geoff Roberts
| 4 min. read
5 financial ratios every property manager should know
Whether numbers are your forte or not, there are certain ratios and calculations every property manager should understand. Following is a look at five key ratios that apply to your property management business, how to obtain them, and...
Geoff Roberts
| 5 min. read
Making time for "me time" as a property manager
It’s a well-documented fact that Americans take less vacation time than business professionals in any other culture. According to a disturbing analysis in a recent Business Week article, “Americans take even less vacation than the Japanese, the people who...
Geoff Roberts
| 2 min. read
Property management New Year’s resolutions
As 2010 draws to a close, now is a good time to reflect on the past year. Don’t just think about what didn’t work in 2010; also think about what did work. After all, the goal is to...
Geoff Roberts
| 4 min. read
10 property management pitfalls
A few weeks ago, we talked about 10 Signs of Property Management Success. This week, we’re going to take a look at the flip side of that coin, reviewing some indicators that it may be time to make...
Geoff Roberts
| 4 min. read
Building your property management company culture
Just as with any other business, the success of your property management company is inextricably tied to staff morale. The more content your staff is, the more effort they will put into their jobs and the more invested...
Geoff Roberts
| 3 min. read
Setting property management fees
Setting your property management fees can be tricky business. Obviously, you’d like to obtain the greatest amount of money possible for your services. On the other hand, it’s important that your prices remain competitive in order to secure...
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Laurie Mega
| 8 min. read
The 7 Biggest Rental Market Trends for 2023 (and How to Get Your Business Ready for Them)
In the last two years, predicting rental real estate market trends has been nearly impossible. As a result, many of property managers’ business plans were reactionary, keeping their businesses afloat amid lockdowns, record inflation, panicked residents, and a...
Laurie Mega
| 7 min. read
10 property management bookkeeping basics
Since one of the core responsibilities of a property manager is to manage an owner’s assets, income, and expenses, you’re constantly dealing with accounting whether you like it or not. From receiving rent payments to handling vendor invoices,...
Laurie Mega
| 7 min. read
9 ways to use property management automation
Type automation into a Google News search field and see what you get. Go on. We’ll wait. You got a lot, didn’t you? From manufacturing to finance to entertainment, everyone wants to automate the tedious and laborious parts...
Laurie Mega
| 6 min. read
1099 forms for property management: Everything you need to know (2022 update)
Property managers are going to be busy in 2023. According to our 2023 Property Management Industry Report, 92% of property managers we surveyed plan to expand their portfolios in the next two years. Given the current economic climate,...
Amanda Maher
| 5 min. read
How does a 1031 exchange work? What property managers should know
More and more property managers are finding their clientele shifting from accidental landlords to strategically minded rental real estate investors. And they’re relying on the property management companies they hire to help them make the most of their...
Jason Van Steenwyk
| 7 min. read
Multi-family winterization checklist: 18 steps to take ASAP
For most of the country, winter is at our doorstep—and as with winters past, it could bring billions of dollars in property damage nationwide. Between 2020 and 2021, insurance losses from winter storms jumped from about $1 billion...
Robin Young
| 9 min. read
Research: Property management industry trends you should know heading into 2023
New research shows that property management companies are renewing their commitment to the long-term health of their business after making it through the chaos of the last few years. But just because they’re refocusing on expansion and efficiency...
Jake Belding
| 10 min. read
What you didn’t know about property management trust accounting
In a people-centered business like property property management, the last thing you want is to be stuck crunching numbers and untangling accounts. There are some well-established property management accounting best practices that can save you time, but often that’s...

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