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Enhance Vendor Relationships in 3 Easy Steps

November 1, 2022

The relationships you foster with your vendors have a rippling effect throughout your business and affect more than just the work they do. At the end of the day, you are responsible for the maintenance and repairs requested by your residents, so they will blame you when contractors don’t do their job or produce lazy work. In this blog post, we’ll examine how you can enhance your vendor relationships in just three easy steps and avoid sloppy maintenance and frustrated residents at your properties.

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How to Navigate Inflation as a Property Manager

November 1, 2022

It’s no secret by now that we’re in a period of high inflation, and if you’ve found yourself here, you’re probably wondering how to navigate this changing economic landscape. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index, a key inflation metric, increased by 8.2% from September of last year–a historically high rate. So what does this mean for the real estate industry, and what can you do to adapt?

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Resident Experience Trends to Watch for 2023

November 1, 2022

For many renters, a key draw to multifamily properties is the experiences that come along with them. From the amenities to the services you offer as a property manager, staying on top of what’s trending among residents is crucial to better serve and enhance their experience renting with you. As the new year quickly approaches, we’ll take a look at the top three trends that will dominate the resident experience in 2023, and how you can implement them to better attract and retain renters at your properties.

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The Pandemic Changed Property Management Forever (What You Need to Know)

November 1, 2022

The pandemic has been a life-altering event for much of the world, and we’re finally starting to return to a sense of normalcy. But while the worst of it is in the past, we need to acknowledge the effects it’s had on the real estate industry, and how property management as we once knew it has changed. The bright side is that many of these changes are key to progress, so by adapting your management to cater to these new times, your multifamily property will get the push it needs into the future. Here are the top ways the pandemic has changed property management forever.

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Are You Ready for The Holidays? How to Prepare as a Property Manager

November 1, 2022

The holiday season is quickly approaching, and we want to know: are you ready? Trust us, we know how busy these coming months get–but don’t fret, we’re here to make sure it goes smoothly at your property. In today’s article, we’ll be discussing the three things you can do today as a property manager to prepare for the season ahead.

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5 Vital Questions to Ask Your Rental Applicants

November 1, 2022

Finding the best residents for your properties is essential to running a successful multifamily building. You want to know that you can trust your residents and that they’re a good fit for your units. By conducting a thorough screening process, you’ll be sure you’re always choosing the right residents–and avoiding the liabilities you could amass over a lazy pick. Here are the 5 questions we think are vital to ask your applicants before renting to them.

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3 Ways to Increase Amenity Usage at Your Multifamily Property

November 1, 2022

From pools and spas to fitness centers and outdoor spaces, amenities are a huge selling point to new renters shopping for their next home. So why do so many of them sit unused, collecting cobwebs and running your bank account? Increasing the amenity usage at your properties comes down to two things: making them appealing and making them simple to use. Here are three ways to accomplish this:

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3 Ways to Make Your Multifamily Property More Accessible

October 3, 2022

Looking out for the needs of your residents is one of the most important things you can do as a property manager–but you already know that. One detail that often gets overlooked, however, is accessibility. Let’s look into why it’s not only important but a win-win for everyone to upgrade your rental properties to be more accessible.

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A New Generation of Renters

October 3, 2022

A new generation of renters has officially emerged as the eldest of Gen Z turn 25 this year. It’s okay to admit that as a property manager, you may be a little out of touch with this generation. So how can you adapt your properties to appeal to this new generation of renters?

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Apartment Life Sucks (And Why It Doesn’t Have To)

October 3, 2022

Sometimes, apartment life sucks. You know its advantages–think awesome amenities, lifestyle flexibility, and affordability–but there are no doubt drawbacks that leave residents frustrated. Understanding what might cause their dissatisfaction is key to retaining them, which is important to keep your units filled and cash flow stable. So what are the most common frustrations, and how can you minimize them as a property manager?

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A Property Manager’s Guide To Subleasing

October 3, 2022

Subleasing is a hot topic in today’s rental market, and you may be wondering whether it’s the right move for your multifamily property. We’ll guide you through what a sublease is, its advantages and disadvantages, and help you decide whether or not it makes sense for your property.

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The Value of Resident Retention (And How To Achieve It)

October 3, 2022

Attracting prospective renters is no doubt an important task for a property manager, but what are you doing to keep the ones you already have? Here are three reasons why resident retention is essential to your success, and the best ways you can achieve higher retention rates at your properties.

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5 Resident Events To Get Into The Fall Spirit

October 3, 2022

Fall is the perfect time to bring the community together. Not only are events just plain fun, but they also serve to enhance your residents’ experience which is crucial to resident retention and good recommendations for your properties. Keep reading for 5 event ideas to get your residents in the fall spirit!

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It’s Time To Modernize Your Property Management

October 3, 2022

Long gone are the days of managing your multifamily properties with spreadsheets, physical paperwork, and rent checks…at least we hope. No really–you’ve invested in property management technology, right? Well if not, it’s time to modernize your property management. Let’s take a look at how investing in PropTech and upgrading your management system is a smart move for your rental business.

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Why You Need To Offer Automatic Payments To Your Residents

October 3, 2022

As a property manager, collecting rent at the beginning of each month is the bread and butter of your business. As a crucial task, and one that’s often much easier said than done, it’s essential to do everything in your power to make paying rent as easy and mindless as possible. Read on to discover the top 3 reasons you need to be offering automatic payments to your residents today.

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