Buy or Rent Washers and Dryers? For landlords and property managers, the demands from tenants for better amenities, services, comfort and security are on the rise. Meeting tenant wants is good for business. Landlord's might be too challenged by some aspect of offering amenities such as washers/dryers and other rental appliances. Yet there are being…
Property Owners Want Better ROI It might seem unfair to ask a property management company to grow ROI, yet owner's request for profit growth is your opportunity to ask for more from them in budget and fees. Aren't all problems an opportunity? Surveys show rent price increases are the preferred route to higher ROI. Yet…
Property Management Fees All Landlords ask this question frequently: "how much does property management cost?" It's a necessary question of course since they must purchase services and be within their property management budget. The average revenue for a property management company’s revenue is about 20% profit according to studies. On a total fee of your…
Accounting Software that Supports Your Business Bookkeeping and accounting are two of the most important daily tasks in landlords and property manager’s workday. Simplifying that routine with smart automation is a must since accounting powers up all other areas of your business. Budget management, cash flow, financial insights and more give property managers greater control…
Property Manager's Top Challenges 2023 As we enter 2023, landlords and property managers are awakening to the daylight of a new era of business. There's been many changes in the last few years and 2023 is bringing more. New surveys are finding a shift in the property management business landscape, and it's not just the…
13 Ways to Grow Property Revenue With government tax changes, eviction laws, and unemployment issues, landlords have a variety of revenue threats to deal with in 2023. Certainly, raising tenant's rent price isn't the only method to grow rent yields, yet too many landlords resist raising their house or apartment rents. With inflation and rising…
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