Insights for Smarter Property Management

Having a swimming pool at one of your properties can be a great asset. They’re popular among residents and can provide great fun for residents. However, pools do come with some responsibility. You need to make sure that anyone using the pool stays safe, and the best way to do that is by posting and enforcing some rules.

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Leases are designed to last for a specific period of time, and when they’re signed, all parties are hoping that everything goes as planned for the entire lease term. Unfortunately, it doesn’t always happen that way. Sometimes, a situation arises where a resident wishes to terminate the lease and leave early.

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Rent increases can be one of the most sensitive topics related to property management. After all, no resident wants their monthly rent bill to get more expensive. Still, increases do need to happen sometimes, so how should you handle them? Below, we’ll answer some common questions about rent increases.

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Interested in becoming a property manager and want to increase your chances of success? Already managing a property and not sure if you’re on the right track? Growing your business and wanting to make sure you do it the right way? Wherever you fit in, ManageGo has you covered. Here are our top five tips for success in property management:

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Renting to college students presents a unique situation for property managers. It’s not necessarily just like renting to anyone else. While college students are a diverse group, most will have some things in common that are relevant for property managers to consider.

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It comes up time after time in discussions about how to keep things running smoothly as a property manager: communication with residents is crucial. By communicating well, you let your residents know that you understand their concerns and are willing to do what it takes to address them.

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Resident complaints are an unfortunate fact of life in the property management industry. It’s impossible for everything to go perfectly all the time, and when something goes wrong, residents are sure to have an issue. Still, there are steps you can take to minimize the number of complaints you encounter. Here are a few of the most common resident complaints — and how you can avoid them:

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If you manage rental properties, you’re almost certainly familiar with application fees already. Still, it’s important to talk about them, since they’re an important part of the application process and, consequently, of your business. Here are a few tips to help you make sure you’re getting the most out of your rental application fees.

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Do you have a property management license? In some areas, a valid license is required to perform work related to property management, including leasing. If you’re interested in obtaining yours, here are five things you might want to know about property management licensing.

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What’s in your property management office? What kinds of supplies do you have? What kind of supplies should property managers have on hand?

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So you’ve just purchased a new property — way to go! Whether it’s your first property or your fifty-first, it’s always a big deal. But now what? If the property already has residents living in it when you purchase it, a good next step is to introduce yourself to them, and a letter is an easy way to do that. Here are a few points you might want to cover in an introductory letter to your new residents.

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Every property manager wants to make sure that all of their residents are able to make their payments — after all, that’s how they make their money! Online payments are easiest for you, but not for all of your residents. Some people simply aren’t comfortable with technology and won’t want to pay online. So what can you do? Here are 3 great potential payment methods that don’t require any computer use by your residents.

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If you’re buying a rental property that’s not brand new, the odds are good that there are already residents living at the property. So where does that leave you? You should know that you’re not the only one with questions about this — but we’re here to help! Here’s the ManageGo guide to buying a property with existing residents.

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Property inspections aren’t very convenient for anyone — property managers or residents. Despite that, they’re very necessary, and you’ll need to conduct them. Problems can arise even when you have great residents, and if you’re not conducting regular inspections, you could miss them until it’s too late. With that in mind, here’s our quick guide to some of the most commonly asked questions about property inspections.

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Membership in a property management association is the best way to make sure you have access to continuing education resources, industry news sources, and professional networking opportunities year-round. If you’re not a member of any associations yet, here are a few that we recommend you take a look at.

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Aside from the fact that outdated rental units are just plain unattractive, they’re also not helping you as a property manager attract new residents or increase your property’s value overall. Here are five renovations you can make at your multifamily property that are guaranteed to increase its value and keep your units filled!

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Spring is on the way and with it, we’re bringing new updates to our software! Check out what’s new in ManageGo this month, from updates to your portal to a new way for residents to pay.

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With over a decade of experience in the property management industry, we’re here to bust 5 of the most common myths about rentals.

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Fostering a great relationship with your residents is vital to a thriving property management business with high rates of renewed leases. On the latest episode of the PropTea Podcast, our host Erica Patterson breaks down the four types of residents you’ll encounter as a property manager – by generation and personality type – and the best ways to connect with them for better relationships.

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We know it’s impossible to retain every single resident that walks through your doors. But resident retention is valuable, and the more you can keep around, the better your bottom line. Read on for the 3 best ways you can increase renewal rates at your multifamily property!

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It’s a new year and with that, a new chance to engage the residents at your multifamily property! Coming up with ideas that are both fun and practical for everyone can be a challenge – because let’s face it, the same old stale yoga classes aren’t cutting it anymore. Read on to discover 5 unique classes that will engage your residents and boost retention in 2023!

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Maybe it’s because technology has made us all avoidant, digital recluses, or perhaps it’s just that people are tired of jumping through hoops to get simple tasks done. Whatever the case, self-service is on the rise–and it’s not going anywhere. So what exactly is self-service, and how can you take advantage of it in property management?

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The recent rise in package deliveries presents a unique challenge at multifamily properties. Whether it’s the space required to store them, the tracking management, or the security concern, navigating these problems can be time-consuming without the proper systems in place. In this article, we’re explore the easiest and most effective way to keep up with package deliveries at your properties.

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With so many different people coming in and out of your buildings, it’s imperative to have systems in place to manage the flow of property guests. In this blog we’ll take you through how to manage guest access successfully, from understanding why controlling it is important to making your guest policies clear and how best to manage the circulation of visitors.

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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 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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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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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 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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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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Whether you’re leveraging software for the very first time or upgrading from an outdated system, the sheer number of property management software options can be overwhelming. Consider these four features to make your decision a little easier!

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Securing reliable maintenance professionals is an ongoing challenge for property managers. Read on for our three keys to sourcing reliable maintenance vendors for your properties!

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As the days cool and autumn rolls in, here’s everything new you’ll enjoy when using ManageGo. From updates to the resident experience to new features in Books, read on for the most recent enhancements to our software.

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The PropTea Podcast is back, and we’re diving head first – behind the books! In this exciting new episode, our host Erica breaks down everything you need to know about property management accounting.

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Summer is right around the corner, and there’s more to look forward to than just pool season and barbeques! We’ve been working hard to improve the ManageGo experience, so you can spend more time enjoying the nice weather, and less time worrying about complications at your property. Check out some of the recent updates we’ve made to our software.

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Spring is on the way and with it, we’re bringing new updates to our software! Check out what’s new in ManageGo this month, from updates to your portal to a new way for residents to pay.

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Quality accounting is essential to successful property management, so it’s best you start reading up if you haven’t already. Whether you’re new to property management or just need a quick refresher on accounting best practices, here are 4 common accounting mistakes you should know about (and how to avoid them).

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Accounting is one of the most essential aspects of any business, and an all-in-one property management software wouldn’t be complete without it – so that’s why we’re launching our own solution! Check out today’s blog for a quick rundown of what you can expect from our newest launch…

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Let us guess, you’ve been wondering what’s new at ManageGo, haven’t you? Well good news for you, we’ve got answers! Quarter 3 came with some exciting new updates and improvements to our software; read on to find out what’s new.

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Fall has come and gone, and we want to make sure you haven’t missed what’s new here at ManageGo! From new and improved features to bug fixes, we introduced some new software updates in October and wanted to catch you up.

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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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At ManageGo, our top priority is providing the very best solutions to property managers and their residents. We believe that the best way to do that is by seeking innovative and exciting ideas that make property management easier, in addition to providing residents with the ultimate experience. It’s what we’ve always done, and we’re not slowing down now! Whether it’s new solutions like Leasing (which we just released this year) and Accounting (coming soon!) or exciting new partnerships, we’re always working on what’s next.

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We’re well into spring now, and summer will be here soon! While that’s one exciting thing on the horizon, we’ve got a few exciting things that are already here.

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If you manage rental properties, you’re almost certainly familiar with application fees already. Still, it’s important to talk about them, since they’re an important part of the application process and, consequently, of your business. Here are a few tips to help you make sure you’re getting the most out of your rental application fees.

Read Article

Every property manager wants to make sure that all of their residents are able to make their payments — after all, that’s how they make their money! Online payments are easiest for you, but not for all of your residents. Some people simply aren’t comfortable with technology and won’t want to pay online. So what can you do? Here are 3 great potential payment methods that don’t require any computer use by your residents.

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ManageGo kick starts 2024 with huge success and accolades from the Gartner Digital Markets brands – Capterra and GetApp. Our product was recognized in various flagship reports released in January. Check out our recognitions!

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As the days cool and autumn rolls in, here’s everything new you’ll enjoy when using ManageGo. From updates to the resident experience to new features in Books, read on for the most recent enhancements to our software.

Read Article

Summer is right around the corner, and there’s more to look forward to than just pool season and barbeques! We’ve been working hard to improve the ManageGo experience, so you can spend more time enjoying the nice weather, and less time worrying about complications at your property. Check out some of the recent updates we’ve made to our software.

Read Article

Spring is on the way and with it, we’re bringing new updates to our software! Check out what’s new in ManageGo this month, from updates to your portal to a new way for residents to pay.

Read Article

Accounting is one of the most essential aspects of any business, and an all-in-one property management software wouldn’t be complete without it – so that’s why we’re launching our own solution! Check out today’s blog for a quick rundown of what you can expect from our newest launch…

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Santa’s elves weren’t the only ones hard at work this December! From new features to improvements to our interface, the team here at ManageGo made some last-minute enhancements to your ManageGo user experience. Check out what’s new before we jump into the New Year.

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At ManageGo, our top priority is providing the very best solutions to property managers and their residents. We believe that the best way to do that is by seeking innovative and exciting ideas that make property management easier, in addition to providing residents with the ultimate experience. It’s what we’ve always done, and we’re not slowing down now! Whether it’s new solutions like Leasing (which we just released this year) and Accounting (coming soon!) or exciting new partnerships, we’re always working on what’s next.

Read Article

We’re well into spring now, and summer will be here soon! While that’s one exciting thing on the horizon, we’ve got a few exciting things that are already here.

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At ManageGo, we are always looking to enhance the experience for our clients and their residents. We are excited to announce our most recent partnership with Fridge No More. Residents in the New York City area will now be able to access local and fresh groceries delivered to their home in 15 minutes or less!

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2022 is off to an amazing start here at ManageGo! In January we re-leased our leasing solution, which takes us one step closer to truly being the #1 all-in-one software solution for property management. We also made some important updates to our resident app.

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ManageGo is excited to announce our partnership with PurchasePro. PurchasePro has teamed up with us to bring you an easier, more cost effective way to purchase supplies for your properties!

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After more than 7 years of success and growth in the New York City market, ManageGo proudly serves a wide portfolio of property managers in one of the most demanding real estate markets in the world. Moving forward, we are excited to bring our resident management platform to the rest of the country, starting with Atlanta and Los Angeles.

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Say hello to the new ManageGo app! We’re introducing a completely new look to improve your online rent payments experience.

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