Property Accounting Software

November 08, 2022

Accounting Software for Property Management Pros Bookkeeping and accounting are two of the most important daily tasks in landlords and property manager's workday. Managing client and tenants money requires responsibility, care, and accuracy. Poor accounting leaves rental property managers, landlords and investors vulnerable to tax losses, trouble with the IRS, certification losses, law suits, extra…

  • Rising Rates and the Rental Market

    November 02, 2022

    How Will Rising Interest Rates Affect the Rental Market? The US central bank is using interest rates as a way to control inflation, including home prices and rent price inflation. Yet this teeter totter mechanism is a top-down force that may not mesh well with what's actually happening in markets. And landlords and tenants both…

  • Recession Proof your Property Management Business

    September 08, 2022

    Prepare for and Manage any Recessionary Threat Quite a few property management people feel rental property ownership and management is a recession proof business. That's a key attraction for property management startups. Rent prices tend not to fall much, cash flow is consistent, demand remains strong, housing supply is constrained by the governments (NIMBYs too),…

  • How Property Managers Can Beat the Inflation Monster

    August 22, 2022

    Helping Businesses Beat Inflation It's not only consumers and renters who face business pressures related to rising prices on goods and services. Property managers too are seeing higher materials, fuel and energy costs, contractor fees, staff wages, and more expenses eating into their bottom lines. Zillow reported rental property management operating costs ranging from 35%…

  • How To Collect Rent and Back Rent Due

    March 04, 2021

    Rent Collection Strategy for Landlords Landlords and property managers of all types are having some difficulty with late paying tenants as well as rent defaults in this last 12 months. It's great that Covid vaccinations are progressing, however the issue with tenant back rent owed, and future missed payments isn't over. The moratorium delays just…

  • Major Trends for the 2022 Rental Housing Market

    15 Trends for Property Managers With the Covid pandemic receding in 2022, property managers will see their roles, challenges and opportunities change. But is it roles or goals that are the key issues? While profitability declined as a priority for property management companies during the last two years, there's little doubt it will re-emerge.  With…

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