Property management software news, views and industry trends
Engaging safety meeting topics for multifamily communities: A guide for property managers
Safety is one of the top priorities for property managers overseeing multifamily communities. Residents and staff alike want to feel secure in their environment, making safety discussions an essential part of effective property management. Well-plann…
Building automation vs. management: Key differences between BAS and BMS
When managing buildings efficiently, the terms Building Automation Systems (BAS) and Building Management Systems (BMS) often arise. These systems are essential for controlling building operations, but their differences can confuse property managers a…
Multifamily property lease audits: Best practices for landlords
Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. By addr…
Facility condition assessments: Strategies for long-term asset care
Did you know that the average age of commercial buildings in the U.S. is 53 years? As buildings and their systems age, wear and tear become inevitable, leading to costly repairs and operational disruptions if left unchecked. Facility condition assess…
How to calculate property management fees for rentals and multifamily
Managing rental properties can be time-consuming, which is why many property owners turn to property management companies for help. While these services can streamline operations and reduce stress, understanding the fees involved is essential to make…
Master lease agreements in multifamily real estate: Best practices and insights
Master leases are transforming the way multifamily properties are managed, offering landlords reliable income and opportunities for profit. Residential master lease agreements are gaining popularity as an effective strategy for streamlining property …
How to finance multifamily acquisitions under negative leverage
Negative leverage can be a tough hurdle to overcome for multifamily investors. With borrowing costs often outpacing property yields, cash flow can take a hit in the short term. But with the right strategies, you can still make profitable investments …
Deciding the right percentage of real estate in your investment portfolio
Real estate can be a powerful way to build wealth, offering opportunities for income, diversification, and long-term growth. Did you know that the average American allocates nearly 70% of their net worth to their primary residence, while financial ad…