Having a good stable of contractors at your disposal is one of the more underrated tools for property management success. Following are some points to consider and a few tips for finding contractors that will make you (and your...
When it comes to locating the investment property that’s right for you, you’re shopping not only for the perfect property but also for the neighborhood that best suits your financial goals. In fact, before you even beginning to...
Whether you’re in charge of managing a well-established condo association or a brand-new one, whether your membership is 5 or 50, the guidelines below will make the difference between a successful association and an ineffective one. #1: Build...
In part I of this two part post, we presented ideas for assembling your property management group. Part II focuses on organizing, communicating with, and running your group. Organize your group … virtually Speaking of utilizing online sources,...
Property management can be a lonely job at times. And although flying solo may well be your style, there’s still something to be said for the power of collective thought. This is particularly true in a field where...
In many areas—especially right now when many tenants are staying put—rental listing sites are overflowing with available units. Making yours stand out from the rest takes a little bit of effort, particularly when there are a dozen other...
Since we’ve spent the past few weeks discussing web technologies, it seems like a good time to switch gears and take a look at some grassroots marketing techniques. The whole concept of marketing can be intimidating. The word...
The great advantage of websites over any other advertising or marketing medium is that you can instantly see if you’re reaching your target audience. Think of your site statistics as a virtual and immediate performance review. This information...
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...