Landlords Getting Connected and Fighting for Rights We hope you're managing well during the pandemic and able to keep cash flowing and avoid the perils that many landlords will face this year. Sometimes handling challenges by yourself is ineffective. But if you join with other landlords, you can better learn your landlord rights and be…

What's New in Property Management? Whether technology, politics or the Covid 19 threat, landlords and property managers need to keep on the trends and late breaking news. We thought this post, updated frequently would be the one post you'd want to bookmark and share with others. It's an exciting time for landlords and those equipped…

California’s Housing Market Forecast Why is the California housing market relevant this spring? It's all about opportunity for sellers, and how they can still command a good price for their home, condo or rental property. It's as resilient a form of asset as an investor can dream of. The appeal of densely populated areas such…

Rent Prices Dropping in Toronto Few rental listings sites or MLS's were reporting decreasing rents through the early part of the Corona Virus shutdown. But that has changed as we hit the month of May. Forecasts for rents were for a 20% drop across Canada. Although that predictions looks to be on the high side, rent…

The US Economy is Reopening Despite big opposition from some political groups, the media, medical experts, along with the fears of big Covid 19 outbreaks, US businesses are officially reopening. Here in the US, it's an anxious but wonderful feeling for many Americans. Even if it's a phased reopening, it has to happen now because…

Overcoming Challenges in Daily Property Management Property management is an interesting and dynamic profession. And while we love to talk about how business is improving and customers are happy, it is never a simple thing to make it happen. We thought a discussion on your daily issues would be helpful. And to let you explore…

A Closer Look at Expenses on Profit & Loss Statements In a previous article, we talked about how revenue and vacancy losses impact property financial performance. While it’s essential to maximize rental income, it’s equally important to track how money spent on each line item and identify alternatives to generate cost savings. If you’re a…

Property Management Software Property managers and landlords like yourself want to find the best property management software solution available.  Property Software quality relates to simplicity, affordability, and possessing the specific, relevant services you need for your business. Studies show many rental property landlords and rental real estate managers are frustrated with their current software and…

Make Managing Your Rentals a Breeze In the post Corona Virus business world, simple, efficient small business solutions will reign supreme. Some as you're about to see are comprehensive and very affordable. And these solutions will ensure your work is a breeze and that 2021 will be very profitable. Multifamily and small business landlords as well…

Get Focused on Solutions One of the worst effects of the deadly Covid 19 pandemic is how it ruins our mental and emotional focus. We become scattered, pulled apart, and obsessed with problems, limits, shortfalls, and doom and gloom, and can't think straight. That's stressful and can weigh on your health.  There is a strong…

30 Handy Apps for Modern Landlords If you're not quite ready to commit to a full fledged, professional landlord software solution, you could sample some of these 30 landlord apps below. These helpful apps offer everything from listings for apartments for rent, time tracking, electronic document signing, to site inspection. A landlord app is a specialized…

What's Happening in Property Management? A number of trends are sweeping property management, driven primarily by technology and housing regulations. These trends are forcing landlords and property managers to adopt newer, more modern property management solutions. Online rent payments and more powerful bookkeeping software are driving industry changes.  However, managers are realizing that automation, data…

How to Keep Your Tenants The Corona Virus slowdown is generating more than unemployment, refinancing, and too much work in collecting rent. It's creating changes in how property management will be conducted going forward. Remember the days of 98% occupancy and zero missed rents? Well, now landlords have to earn those numbers. Rent payment moratoriums…

Getting Through the Unemployment Pandemic The number of new unemployment claims in the US continues at a brisk pace as you can see in the BLS chart below. This means renters will seek help for paying rent and we could see a big wave of renter rent payment defaults and tenant evictions. The number of…

A Tidal Wave of Maintenance and Repairs Building Up If your property maintenance scheduling feature wasn't used much before, it's likely going to get a workout in the summer. Landlords are reporting that maintenance tickets are well down from normal levels. Many tenants don't want contractors coming into their homes. And until there's a Covid 19…

Paying Your Rent During the Pandemic Millions of renters across the US, Germany, Australia, UK, and Canada are concerned about their ability to keep paying rent amidst unemployment or reduced earnings. It's a frightening situation for tenants and not your fault. Although some tenants might not consider landlord's own plight during the recession, it's important…

Are Rent Prices Going to Drop? The US housing market including the house and apartment rental market were running strong. Then the Covid 19 pandemic hit.  Strangely, that effect seems to be short lived. In fact instead of an expected result of rent prices falling, it appears they are not going down. Tenants are inquiring…

Rent and Employee Payroll Help for SMBs While small business owners were bravely meeting their debts, payroll and rent through the beginning of the Covid 19 pandemic, it's getting tougher as each month passes. US, Canadian, UK and Australian governments are forging ahead with loans and grants to help small businesses pay their rent, i.e, those…

A Plan for Restarting Your Small Business With Corona Virus infection rates just slowing now, and business shutdowns and cancelled events well into summer, is it too early to begin a recovery plan for your small business? Actually, this is the time to plan your business route out of the shutdown recession. Being ahead of…

Rent is Due, but Not Collectable Landlords have enjoyed a particularly amazing run since about year 2010 with ultra low vacancy rates, intense rental demand, low mortgage rates, and rising rent prices. It's been an unprecedented decade for residential rental market investors, landlords and property managers. Yet now, with the Corona Virus "great shutdown," it's a…

Safe Maintenance Calls for Property Managers and Landlords First responders, doctors, nurses and police officers aren't they only people who must attend to those needing help during this Corona Virus pandemic. Landlords and service technicians from property management companies must also handle in suite maintenance requests from tenants. Cable installers, appliance repair HVAC technicians, phone…

CARES ACT: Grants and Loans for Small Business The Federal government has enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was just passed by Congress. The relief program aims to help small businesses survive through this difficult Corona Virus shutdown period. The Corona Virus Aid program is for landlords and property management…

Corona Virus Safety Tips The Corona Virus lockdown continues in many US, Australian, European and Canadian cities. The latest numbers of cases for Europe and the US are troubling. In Canada, it appears new infections are beginning to level off. In some US cities however, the rate of growth of Covid 19 cases is almost…

Landlord Tax Tips for Tax Year 2019 Another year has passed and you'll be filing your taxes for the year of 2019. When you consider the current state of the economy and what might transpire for you in terms of cash flow, added work, and possible evictions, it's wise to get your maximum tax deductions…

Best Real Estate Apps for 2020 Software developers are hard at work trying to come up with software apps that are more useful. Some such as ManageCasa have integrated apps and services that make work much easier for those in property management. We've highlighted apps for landlords and apps for property managers, some of which…

Upgrade to Better Property Management Software There's two types of property management companies today: The first group are those who are using property management software.  Research shows these managers aren't all that happy with their solutions. The other group are those straggling property managers (late adopters) who haven't moved to fully automated systems, other than…

Partnering With Stripe Landlords are in need of better payment systems because of cash flow issues, tenant payment problems, slow bank transactions, fraud, lagging bank and accounting reconciliation, and a lack of real-time reporting. In a recent blog post, we listed online payment service providers who have systems which streamline the revenue collection process. Collecting your revenue,…

Best Property Management Apps In 2020, property managers are excitedly about new online solutions which include some of these new property management apps. These handy applications are used on desktop and mobile devices. Apps is one of the most searched words on search engines because SMB managers are constantly on the lookout for better productivity…

Landlord Software Benefits Landlords are a different breed than in decades past.  You are more aware that you need good software tools, apps , and other services to ease your workload and manage your units and tenants better. As a do-it-yourself or self-managing landlord, you have more pressures on your time and budget.  Complicated enterprise focused…

Housing Forecast Berlin One of the most dynamic cities in Europe, Berlin Germany also has one of the world's hottest housing markets. In 2017 and 2018, it was under significant pressure with squeezed supply and exploding demand. Supply issues continue yet the forecast for 2020 is subdued rent price appreciation.  Although rent price controls are being…

Hawaii Housing Market 2020 It's not just American buyers who want a slice of Hawaiian paradise during these good times. Foreign buyers too are pouring billions more into the 2020 Hawaiian housing market. Hot Oahu, Kauai and Maui It’s not just American buyers who want a slice of Hawaiian paradise during these good times. Billions of…

Filing for Tenant Eviction We previously mentioned an eviction process which could begin once proper documentation has been prepared.  These eviction documents include lease violation notices and other important correspondences. In some cases, tenants may respond and voluntarily work with the landlord to address their lease violations in order to avoid eviction. However, when tenants…

Choose the Best Software For Multifamily Housing Management The multifamily housing market continues to be a great place for investors. National Multifamily Housing Council’s most recent quarterly survey of the national apartment market showed indexes continuing above the breakeven level. The NMHC reported that markets were tightening, sales volumes were up, debt financing was better,…

What to Look for in a Good Property Management Company Rental property investors have enjoyed buying, owning and selling income investment properties during this phenomenal period of economic growth and prosperity. It's not over yet because the rental market has a growth outlook for 2020 and beyond. You may have built up a sizable portfolio…

Understanding Lease Agreements 101 – Part 1 How often do tenants read lease agreements and understand them? Likely not very often or thoroughly, which means potential renters don’t often know what they’re signing. That could lead to misunderstandings, legal battles, and conflict. If a tenant understands the lease they’re signing, it might actually create a…

Housing in the UK The UK property market is complex and made more complicated by the UK's situation with Brexit and Global trade changes. Even the best experts are challenged to forecast the market in 2020, but let's take a look at some of the factors and trends. Remainers and Brexiteers both are a little…

SAN FRANCISCO, July 1, 2019 /PRNewswire/ -- ManageCasa, the leading intuitive, interactive and automated property management software for DIY landlords and property managers, today announced a partnership with Stripe, the leading platform for online payment processing, to launch a new digital payments solution for the property management industry. Landlords and property managers will now be able to…

Operational Success: Always Starts with People Whether you’re an experienced Property Manager, or are new to the property management industry, you’ll encounter both expected and unexpected challenges in your daily operations. Those challenges are usually related to occupancy, rent collection, maintenance, tenant issues, and more. Your staff will be responding to and resolving maintenance tickets,…

Metro Denver's Housing Market Coming Alive Rebounding from 2018.  The 2019 housing market in Denver, Colorado is one of the hottest housing markets going, looking good for home buyers and apartment rental investors alike. All areas of the Denver housing and multifamily market are forecast to perform well this year. With Millennial renters and buyers making…

Property Owners Want Better ROI With all the new technology, they know they can get it.  It might seem unfair to ask you the property management company to grow ROI, yet their request for more is your opportunity to ask for more from them. There are 8 areas that you have control over and below you'll…

Renting Continues to Be More Affordable Than Buying Smart investment property owners keep their eye on the road ahead for signs that their asset values and rental income might be in danger. Looks like investors can relax. According to a recent study, the outlook seems positive for rental demand along with slowly rising asset values…

Multifamily Housing Looking Very Good into 2019 If you're one of the smart property investors in the last 2 years, you're probably smiling given reports on rising apartment stock, and rising rents with a monster customer base. This spring is a time to grow! Given the stock market looks to be beyond its peak, rental…

Is Chicago's Housing Market Worth Investing In? Chicago's Housing market like a few other housing markets, is recovering from the last recession, yet the political uncertainties of 2019 and the upcoming 2020 election hang heavily on the city's future. The windy city is plagued with high taxes, shaky financials, and restrictive government regulation. Up until a…

How To Generate More Property Management Leads 2020 is already providing plenty of challenges for professional landlords and property managers. As profits go up and down through this period of the Corona Virus, accounts will be won and some lost.  That's why it's important to have a lead pipeline to continuously attract leads. Keeping cost…

San Jose's Housing Market In what is the Valley of Heart's Delight, is perhaps the heart of the new Silicon Valley. With exceptional growth, comes changes in the character, business focus, and location of residents. San Jose seems to be where everyone wants to live in 2019 and beyond according to predictions. As local homebuyers…

Bring Your Property Accounting into the Modern Era It's not often an accountant or auditor gives you the thumbs up unless you've managed your accounting accurately. And with all those bills, spreadsheets, invoices, and calculators, you're in for the usual arduous year end and tax time pain. Is now the time to upgrade a much…

Sydney Home Prices Fall most in 30 Years Sydney and the New South Wales district is beautiful, a destination of dreams for global travelers wishing to sample the lifestyle and unique economy of Southeast Australia. Change creates opportunities. And for investors and property managers, it's these times of change that create buying and management opportunities…

Top Landlord/Developer Concessions Landlords and property managers in San Diego, San Francisco, Los Angeles, San Jose, Oakland, Denver, Phoenix, and Las Vegas are pulling out the stops to fill their rising vacancies and keep tenants in 2019. When vacancy rates rise, we all have to be more creative. In these markets, business as usual doesn't…

When Staff or Tenants Test Positive A range of legal and business challenges are being faced by small business landlords, who may lack time and resources to respond appropriately to emergencies and dangers. From legal to disease threats, it's best for landlords or property managers to develop a plan. During the COVID-19 pandemic, people are…

Is California's Housing Market Good? This epic report on the state of California’s housing market explores what’s happening. You’ll find some eye-opening insight, stats, videos, and opinions about housing in the booming Golden State economy. California's real estate markets are in tremendous pressure due to property tax policies, high building costs, building restrictions, and limited…