by Bryson Hile | Apr 6, 2022 | Property Management
As a rental property manager, you know how much market prices fluctuate. So, determining how much to charge for rent at your property can feel overwhelming. If you raise the rent too quickly, you risk losing valuable tenants. However, if you keep rent to a... Read More
by Sarah Kim | Apr 5, 2022 | Property Management
Key takeaways Effective staff retention is vital because property teams are the resident-facing face of your business, and keeping them means preserving those relationships and a strong resident experience. Reducing turnover not only safeguards institutional knowledge... Read More
by Nick Manzolillo | Mar 17, 2022 | Property Management
Key takeaways Your rental property’s operating expenses can be put to a lot of use. But it’s up to you to calculate maintenance needs on your rental property before deciding when and how your rental property maintenance budget is applied. One year’s budget is not... Read More
by Katie Kistler | Mar 16, 2022 | Property Management
Successfully training new property managers is a foundational part of resident retention. Your residents expect the building to run smoothly, regardless of your new property manager’s start date. Coaching new property managers is key to developing a... Read More
by Cyrus Claffey | Feb 9, 2022 | Property Management
Key takeaways: RUBS utility billing allocates utility costs among residents based on unit size, occupants, and amenities, eliminating the need for submeters. Cost-effective solution that fairly distributes expenses without expensive submeter installation. Key factors... Read More
by Johanna Gruber | Jan 19, 2022 | Property Management
Key takeaways Employee turnover is particularly high in the multifamily industry because property managers, leasing agents, and maintenance professionals often feel burnt out, underpaid, and undervalued. Making efforts to reduce employee turnover will benefit your... Read More