Manage Your Costs and Expenses Every winter season, landlords and property managers both look to cut costs and minimize repairs. For good reason too. While rent prices are rising and rent payment default is easing in the post pandemic period, costs have to be addressed.  Whether it's labor, and product, supplies and materials shortages or…

Reduce Churn and Turnover Costs Have you calculated how much revenue you've lost due to tenant churn over the years?  Some landlords and property manages do have systems to report these losses, but how many are resolving losses from churn? In some states and cities, the issue of tenant turnover is a current matter.  With…

Rental Unit Turnover and Tenant Churn Now in 2022, we're seeing higher rental apartment and house rental churn rates because people are moving for new employment, lower rents, and making other post pandemic adjustments. Property managers might feel powerless to reduce that occurrence and control the losses for landlord owners. Having to renovate and remodel…

Property Management and the Owner's Statement Property management is all about serving property owners (and keeping tenants happy). And yet, property owners don't always appreciate what you do, how you manage costs, and keep your buildings, condos, and other properties well maintained. The owner's statement is a concise way to help you maintain accurate accounts…

Check the Pulse of Your Property Management Business Successful property investors and property managers need data. And they need data organized to give insight, control costs and maximize property revenue. Gut feelings about the "bottom line" have to be underpinned by accurate data, insight you can rely on and make good long term decisions with,…