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Property management software news, views and industry trends

What are occupancy costs?

Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for multifamily properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion o…

How long does tenant screening take?

In property management, one of the most crucial steps for landlords and property owners is tenant screening. This process isn’t merely about filling vacancies; it’s a strategic measure to mitigate risks and ensure a harmonious and secure …