A Policy for Maintenance? How to get a grip on costs that just seem to evade control?  That's our topic today. In 2023, when business turns a little sour, cuts to maintenance are often the easiest, no-brainer response to lowering property management costs. Of course, that impacts residents and HOA members, if it's applied in…

Efficiency Is Job Number One Yearly surveys of property managers revealed that tenant experience, profitability, growth, cost cutting, and efficiency are top priorities. In reality, each goal property managers and landlords hope for is supported by one fundamental element -- efficiency. What is really being made efficient?  Time. Consider that efficiency in its full context…

Improve Property Management Service Value Opportunities to build value present themselves continuously.  2023 won't be any different. Talk of lower rent prices, falling asset values, rent default and low affordability, falling new construction, staff shortages and higher wages, tax issues, rising financing costs, and more might deflate both property managers and landlords. Yet property management…

Commercial Real Estate Management Software The commercial real estate sector was hit hard during the pandemic and many small retail services businesses suffered and they're still recovering now. The commercial property sector has its challenges given the work from home trend and the flight from downtown regions of major cities. This flight from urban areas…

Businesses are Spending on Digital Transformation You would think most companies would avoid expenditures and improvements during a pandemic.  Yet a recent survey shows business owners are pressing ahead with business technology transformation. It appears they view digital technologies as a must do progression to keep themselves in business and perhaps to gain an insurmountable advantage. …