Contactless Virtual Leasing Of the many interesting trends landlords and property managers will experience this year, contactless virtual leasing will likely be the most wanted. The leasing or renting process can be time-consuming for both landlords and tenants and dangerous to health. The average tenant travels to the rental unit 3 times before signing. During…
Hawaii Real Estate Hawaii's real estate market heated up in December with sales growth of 36% along with price gains of 6%. Oahu, Kauai, and Maui all saw strong growth. The Honolulu Board of REALTORS® reports Oahu real estate market ended 2020 with a spike in sales and new listings. In December, sales of single-family…
21 Key Property Management Trends for 2021 As spring 2021 approaches, we're wondering which key trends will impact property management in 2021? Will it be financial, technological, or political forces that will shape property management this year? As stimulus funding is spent in the US, Canada, Australia and the UK, we will likely see inflation grow…
Apartmentlist, Zumper and Census.gov Rent Price Reports December's rent price reports show one bedroom apartment prices in the major metros are falling further, however 2 bedroom rents seem to be rising faster. Although rent prices generally are climbing fast across the nation, they are dropping significantly in some of the major metros including New York…
Sign More Apartment Leases with Pre-Suasion Given how difficult it is for apartment managers to fill apartment vacancies during the pandemic, especially in downtown regions, you might enjoy a little lift in leasing success. A recent article from NAAHQ offers an interesting angle to increase apartment lease signings. They've dubbed it pre-suasion -- the conditioning…
Property Management Software Are you reviewing a new property management software solution for 2021? Property managers are frustrated by a lack of good fit with their management solution so they're trialing and demo'ing other solutions. Many are hoping to switch to better property management software with more support for accounting and reporting, tenant services, communications, and…
Growth Hacking for Property Management Companies Welcome to 2021! Wow, 2020 was a strange and challenging year for landlords, tenants and property management companies. From apartment rent defaults, renter migration, to virtual showings and mobile property management software, it's hard to comprehend all the changes. And on that note, there was and is opportunity to…
Best Cities in California to Buy Rental Investment Property? Looking for an investment condo or house to rent in the Golden State? A lot of people still are. What has changed today in 2021, as we await the vaccinations and economic recovery? Rental returns in California cities have been brutal, near the lowest in the…
California’s Housing Market Forecast The November California housing market sales report reveals sales and home prices have cooled a little vs October's numbers, yet are still red hot. Home sales in November broke above the 500,000 sales benchmark for the first time since January 2009. Home prices fell 1.7% from October. Given it's traditionally the…
Australian Property Market Forecast 2021 Australia's housing market looks to be turning around after home prices and sales had deteriorated from March to September. November's sales stats were a pleasant surprise, creating forecasts of improvement in 2021. Trends in the Australian property markets mirror the same trends you'll see in the UK and the US…
UK Property Market Forecast 2021 As the UK enters another period of shutdown measures, we're concerned with the fallout for the UK rental market. The lockdown is likely to exacerbate occupancy rate challenges in Greater London and raise prices in the pandemic destination towns. Amidst all the pessimism and events of the summer of 2020,…
Landlords Prospering in Pandemic Destination Cities If you're a property investor or property management startup entrepreneur who isn't up on the latest trends in rental property markets, you might enjoy reading some of the posts here on ManageCasa. We talk a lot about the changes in this sector which were happening long before Covid 19…
Property Management Financial Statements Monitoring property financial performance and examining the financial statements is one of the most essential tasks for a property manager. Your portfolio's financial performance should be reviewed on a monthly basis by the asset manager, director of property management, regional manager, and property manager. When reviewing financial documents, the Profit and Loss…
Tips for Property Management Startups You might be thinking it's crazy to launch a business in today's economy. Yet, even during this worst phase of the pandemic, there are hopeful signs for startups as we enter 2021. If you're reading this, you likely are looking for a new start, and one with some potential. You…
Property Management Company Listings Landlords from the UK to Australia to the US are searching more frequently for property management services companies. This is because the rental market is more challenging, regulated, contentious, and property portfolios are increasing in size. Profit margins will be on the decline. If this is you, you'll want to take some…
Apartment Rental Prices A trend in rent prices has swept across the US (and UK, Germany, Canada, Australia). Apartment rent prices fell in major cities while house rental prices grew in pandemic destination cities and towns. While rents climb in the pandemic destination cities, apartment rent decreases in urban areas are beginning to moderate. This is…
The Work From Home Revolution is Here As each Covid 19 pandemic surge hits across countries this fall and winter, business shutdowns continue. Shutdowns are forcing companies to transition employees out of pricey corporate offices to a work from home arrangement. As you'll read below, the benefits are surprisingly high and most workers are appreciating…
Buy vs Rent? As 2021 approaches fast, we're all sensing a big economic change unfolding in the 2nd half of 2020. It's a volatile time where employment, business success, and survival are uncertain. However, lots of first time home buyers continue to weigh the buy vs rent numbers, in the hope of perhaps buying a…
How Has the Pandemic Fast Forwarded Property Management Services? Landlords and property management companies are on the front line of the Covid 19 pandemic and many are suffering financially and personally, while others are okay. Despite the pain many some apartment landlords have experienced, most in the industry have developed a newfound respect for their…
22 Ways Property Managers are Outperforming Property managers are adapting to the Covid 19 pandemic challenge. The smartest are more aware of how the business climate is trending and how their companies will win in 2021. When Covid 19 invaded the UK, US and Australia last March, it only hastened the modernization trend for property…
House Rental Market Growing The Covid 19 pandemic is reshaping the rental market in the UK, Australia and US. The biggest shift occurring is the demand for single-family rental houses. Single-family detached house rentals have traditionally been viewed as a less profitable rental asset type compared to apartments and multifamily. Too time-consuming, high priced, too…
15 Practical Reasons to Automate Your Workflow When property managers see their number of properties to service grow, they feel a pressing need to increase efficiency. What worked when winging it every day, no longer does when you have 100 apartments and 175 houses to manage. Multitasking property managers and staff must find ways to do…
Property Management Firms Florida The state of Florida is perhaps the most unique environment in the US. Warm to very hot and humid climate, plenty of water and coastlines, salt air, lightning, flooding, hurricanes in the late summer provides enough challenges for any property manager. And with plenty of tourists for 4 or 5 winter…
How To Find A Great Property Manager in California Searching for a great property management company somewhere in hot California housing market. Before you begin your search, you have some important questions to ask about what you need, and what their qualifications might actually be. While the California rental market was strong, the Covid 19…
31 Handy Apps for Landlords & Property Managers A big selection of landlord apps, new property manager apps and other helpful real estate apps have hit the market just in time to help rental pros get through this tough pandemic era into 2021. Few could have foreseen the huge demand for landlord apps, yet the move…
Survey Shows What's Behind Tenant Turnover Inner-city landlords in the US, UK, Australia and Germany are seeing higher vacancies and reduced rents as renters flee the cities for more space in suburbs and other small cities and towns. A desire for lower rents and more spacious living is encouraging many tenants to decide not to renew their apartment…
Rental Property Market 2021 Will the 2021 rental property sector still be a good choice for investors and property rental business entrepreneurs? One survey of property managers, landlords and investors found that almost 2/3rds are optimistic about the rental property sector going into 2021. The Covid 19 shutdowns and stoppages combined with renter defaults, rising…
6 Steps to Choose the Right Software Software is integral to property management companies today. That's why focusing on the specific benefits you need is important. After defining your needs and your benefits, you'll be better prepared to filter in those property management software solutions (or HOA management software) you know will work well. We believe…
Rental Advertising Tips Are you frustrated with the quality of tenants you're attracting via your rental listing ads and promotional efforts? It's not a simple thing to reach renters and filter in only the best. However, good tenants are your key business asset, and writing great rental advertisements is how you attract them. Most landlords and…
Best Property Management Apps It's a mobile world, even for property managers and landlords. Having the best apps to help you do work is what separates modern managers from the rest of the pack. You can enjoy using productivity, financial, communications, and scheduling apps in an all-in-one property management application such as ManageCasa. Yet, you'll…
Which PM Software Features Are Vital? Progressive, continuously successful property managers, HOA managers, asset managers or landlords are looking for PM software with the right mix of features and benefits. They're finding their current solutions aging and not compatible with the new, cloud-based, internet-connected environment. But as they prepare to switch software solutions, they're uncertain of…
ManageCasa Supports Property Managers and Landlords Right now in late 2020, landlords may face further revenue and cash flow challenges as Corona Virus aid is stopped or reduced. Expenses are rising, rents collected are falling, moratoriums get extended, and new regulations are making property management a tougher job. Landlords and property management companies have certainly…
Quickbooks, Xero, Freshbooks vs ManageCasa Like most small business entrepreneurs, you may have decided to handle your bookkeeping and accounting using a general small business accounting software package. Software products such as Quickbooks, Netsuite, Sage, Xero, Freshbooks which you picked up at Best Buy or downloaded for free online are popular for general small businesses. With…
Property Management In 2020, property management companies using cloud-based, property management software will be essential to help landlords maintain profit performance, meet regulation standards, optimize rent collection, keep tenants leased and manage those tenants well. Managers of property management companies are becoming aware that they themselves are key to driving profit and raising asset values. Whether…
Demo ManageCasa Today It's Software Demo Season as property managers and landlords look ahead to 2021. They're wondering about switching property management software platforms and specifically about which technology to use to automate and streamline their company's operations. They're all looking for an affordable, secure, all-in-one solution, hosted on the cloud, with several powerful features…
Covid 19 Cleaning and Disinfection When we first published this post 4 months ago, we mentioned possible terrible results of Covid 19 outbreaks in Florida, South Carolina, Texas and California. That happened. Only slowly have businesses and citizens taken Covid 19 cleaning and disinfection seriously. Now Covid 19 is spreading fast across the US and in…
Choose the Right HOA Management Company Few people outside the property management industry understand the difference between HOA management and property management. The difference for industry pros is pretty clear, but for newbies the distinction is sometimes difficult to make. Regardless of who owns the properties in a community(s), a homeowner's association must be set…
Which Metrics do the Best Property Managers Focus on? The best property managers or landlords pay sharp attention to the profitability and health of their companies. And they know certain metrics generate more revenue, improve cash flow, and make owners happy. Keeping an eye on the financial and business health of your company won't be a pain…
Simplicity Makes Users Feel Good What do most people dream of these days? How about a simpler life devoid of friction, long commutes, persistent bills, receipts and problems, and complicated financial transactions? Yes, we live in complicated world. During the pandemic shutdown however, everyone has been reintroduced to the simple life, and how refreshing it…
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…
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…
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…
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…
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…
2021 Apartmentalize Conference The National Apartment Association has announced the location of the 2021 Apartmentalize Conference will be at the McCormick Place Convention Center in Chicago Illinois on June 16th to 18th. The theme for this year's event is Reconnect, Restart, Reenergize and you can register on their event website. NAA organizes the event. If…
What is the NAA? The National Apartment Association (NAA) is the leading voice for the rental housing industry in the US. NAA's 82,000 strong membership includes landlords, property managers, apartment managers, maintenance services providers, rental investors, industry affiliates and many more professionals in the rental housing industry. The NAA serves as a trusted, credible resource…
Covid 19 Disinfection Outbreaks of the Corona Virus of late are concerning. The fear is that these new strains which keep appearing might be resistant to the vaccines being delivered. Two new variants of the Covid 19 virus in particular are worrying health experts and the rest of us. In a recent report, the B.1.1.7 and…
US Property Management Conventions, Trade Shows and Expos According to CEIR, more owners, property managers, Realtors and contractors will attend trade shows and expos. And Statista believes the trade show/expo industry will be worth $16.8 billion by 2021 (up from $13.2 billion in 2017). Expectations of growth, interest, careers, and business generated means conventions and…
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