Property management software news, views and industry trends

5 multifamily utility cost recovery strategies

Utility management consistently ranks among the top three operating expenses for multifamily properties. This means that utility cost recovery is a prime way to improve Net Operating Income (NOI). Unfortunately, many property teams continue to overlo…

Lease vs license

Understanding the differences between a lease and a licenses is essential for commercial landlords. While both agreements allow another party to occupy or use a property, they have distinct legal, financial, and operational implications. A lease prov…

Property management chart of accounts: A complete guide

Managing property finances requires more than collecting rent and paying bills. To make informed decisions you need a structured way to record, organize and report every financial transaction across your portfolio. This is where a chart of accounts c…