Adding new property can both be exciting and exhausting. The thrill of acquisition fades fasts enough. All that remains after the 'rush' is a series of tasks like data onboarding and payment processor setup. Working like this can be taxing on you and your team.
Property Hunting is undoubtedly a difficult task when there are so many options to choose from. But no matter how much time passes by, they’ll always be expensive. And to make a decision where you’ll be spending a lot of your money, some expert advice is needed.
Property inspections play ...
The real estate industry is highly demanding. Property managers need better time management to handle multiple responsibilities better.
While technology can make things easier, are you using it the right way? Our tips combine technology and human resources to create effective, time-...
In the past few years, the real estate industry has seen accelerated growth in technology adoption. And with technology, the industry is also leveraging data as one of its largest commodities. Whether it is understanding market trends or increasing occupancy rates, data analysis is driving property ...
Did you know properties with virtual tours get 87% more views when compared to listings without tours? Modern property tours have massive potential to improve real estate sales if implemented the right way.
Today, technologies such as VR and AI help create immersive proper...
For the past few years, the global real estate industry focused on marketing to one target audience: millennials. But as technology develops, we have an entire generation having a different set of requirements. Gen Z renters are digital natives who haven’t lived without the internet. As the oldest o...
Multifamily apartments have a high number of visitors and tenants, making building security not an added feature, but a priority. With burglaries and crimes on the rise, more tenants are looking for properties that have added safety measures. An Assurant survey found that nearly 54% of ten...
It is no secret that people spend most of their time glued to their smartphones. In the real estate industry itself, 44% of residents won’t rent an apartment without a reliable cell phone connection. In today’s age of convenience and mobility, tenants need more than just traditional proper...
Collecting rent is one of the most problematic parts of being a property manager. More than 20% of renters in America are nearly 4 months behind on their rent payments. That is $5600 worth of rent per delinquent tenant.
Traditional payment methods do little to solve this p...
The Covid-19 pandemic disrupted multifamily fundamentals in unprecedented ways. While the industry made several short-term changes, the impact of the pandemic isn’t limited to a certain time. According to The Business Research Company, the global real estate market is expected to grow to $4.6 trilli...
Technology has become inevitable to keep up with the pandemic norms for the real estate industry. However, contactless technology serves more purpose than just minimizing physical contact. Property managers discovered that contactless technology was more convenient as opposed to traditional property...
Keeping your tenant happy is an unending task, but it's the most important step in your real estate business to succeed. While there are many ways to achieve tenant satisfaction, implementing a tenant portal is something you don’t want to miss out on.
Automating and digitizing some o...
Managing properties is not an easy job. With constant complaints, maintenance problems, and difficult tenants to deal with, your job can become extremely tedious. When tenants reach out to you, however, you are legally obligated to resolve the complaint in an equitable manner for all parti...
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