Property management software news, views and industry trends
Make commercial real estate valuations easier
The need to calculate valuations for real estate is fundamental if you are in the commercial real estate industry anywhere in the world. Whether you are an owner/operator who needs to understand the value of your portfolio, or a prospective buyer, ap…
How to Keep Your Properties Safe with Multifamily AI
Artificial intelligence (AI) isn’t a dream of the future anymore – it’s here now, and it’s being used in industries across the globe, including in the residential real estate sector. Utilizing AI-enabled multifamily software can significantly enhanc…
The downsides of using Excel in real estate investment
Excel has long been a staple in the world of real estate investment. It’s used for budgeting, forecasting, and keeping track of assets and liabilities. While Excel may seem like a convenient tool, it falls short in handling the complex and dyna…
How to increase resident adoption of online rent payments
According to the National Multifamily Housing Council, 72% of renters are below the age of 44. With this age group, paying bills online has become the norm, and their rent is no exception. For property managers hoping to collect more digital rent pay…
Why Visitor Management Is Important – Top 10 Visitor Management System Benefits
Visitor management software is crucial for businesses operating in buildings with a frequent stream of visitors. With visitor management software, you can seamlessly control access, monitor visitor movements, and ensure compliance with your business&…
The Benefits of Reporting Rent Payments for Property Management Companies
Many renters nowadays are staying in rentals for longer durations, whether they are saving for their own homes or have other reasons. Despite rent being a substantial monthly expense, it historically didn’t contribute to a renter’s credit…
How to build a successful preventative maintenance program
Preventative maintenance is a type of maintenance carried out on an asset or equipment to keep it operational and extend its longevity. Preventative maintenance is a proactive approach that involves regular, scheduled inspections, servicing, and repa…
How to Improve Commercial Property Tenant Retention
In the competitive commercial real estate market, commercial tenant retention is more critical than ever. Retaining your commercial tenants means having a consistent and predictable income stream, as well as avoiding the costs of tenant turnover. Apa…