Artificial intelligence has moved from the margins of property management into the mainstream. Adoption is up, and most operators can point to at least one area where new technology has helped them work more efficiently. […]
Most property management teams track maintenance the way they track weather: they notice it when it turns bad. Work orders get counted, complaints get escalated, and the performance conversation runs on whoever remembers the worst […]
When you move into a new rental property, it’s important to do a walkthrough with your landlord before you move anything. Sometimes your new landlord will schedule a move-in inspection with you, sometimes they will just tell you to do it on your own. Either way, your inspection will be the baseline for how the property is judged when you eventually move out. This rental inspection checklist will help you get an idea of how to inspect your new home before you move in.
Renewing a resident is cheaper than replacing one, and the gap isn’t close. A single make-ready runs $3,000 to $5,000 per unit once you count labor, materials, and lost rent, and that’s before marketing spend […]
Maintenance is one of the largest line items on any rental. Routine upkeep and equipment failures land on the owner, but there’s one big exception: damage caused by the tenant. Every time a work order […]
Days vacant is the number of days between one resident’s move-out and the next resident’s move-in. It’s the single most important turnover KPI because it converts directly to lost rent. The U.S. multifamily market average […]
