Property management software news, views and industry trends
The three Rs of commercial tenant communication for property managers
March 2020 was a month none of us are likely to forget. As the COVID-19 outbreak continued to spread around the world, all of us were confronted with a flood of information on a daily basis. In many cases, these communications focused on travel restr…
Managing real estate expense recoveries for retail
If you handle property accounting for commercial real estate, particularly involving retail occupiers or office occupiers, you’ve probably run across the challenge of managing real estate expense recoveries. These expenses don’t fit nicely into your …
How to send a rent reminder by text
“How do I get rent reminders to my residents in an effective way?” This is one of the many questions multifamily property managers struggle with as the prevalence of convenience-centered technology grows stronger. Online rent payment portals make it …
How can multifamily property managers tackle student turn?
As a multifamily property manager with communities near schools and universities, many of your leases revolve around the academic calendar. When schools release students for the year, it’s the perfect time to evaluate how mobile inspection services c…
The benefits of reporting rent payments for property management companies
This is a guest blog from our partner, TransUnion. Did you know 51% of surveyed renters would be more likely to choose a property that reports rent payments to the credit bureaus? This information is based on an October 2014 TransUnion survey which i…
Workflow Automation for Commercial Real Estate
Commercial real estate (CRE) firms tend to rely heavily on spreadsheet tools such as Excel to perform complex analysis and financial modeling tasks. The time-consuming process of integrating data from disparate sources, such as an accounting system, …
5 things keeping property managers awake at night
Are you a residential property manager struggling to wake up this morning? According to a recent survey by Brethertons LLP Solicitors in the UK, the following five concerns could be contributing towards your lack of shut-eye:
MRI Training Academy: 5 Reasons Why it Works
Professional training can be a difficult task. Not only can it time consuming, but it can be expensive, demanding, and inconvenient. However, training is imperative if you want to be able to run your property management company successfully and keep …