How to Improve Profit The latest Buildium survey (and our own surveys) reveal that landlords and property managers both want to improve profitability. And it seems they understand that profit from how they manage their properties rather than risking new investment and relying on cost cutting measures. Rising above cost cutting is the first step…

A Property Management Company Startup? Before the Corona Virus pandemic, rental property owners were making money hand over fist and it was fueling a demand for property management companies. Heading into 2024, the challenge is a little different. As rent yields begin to erode, landlords will be looking for their property managers to manage expertly…

Prepare for and Manage any Recessionary Threat Quite a few property management people feel rental property ownership and management is a recession proof business. That's a key attraction for property management startups. Rent prices tend not to fall much, cash flow is consistent, demand remains strong, housing supply is constrained by the governments (NIMBYs too),…

Property Management Marketing Budget 2021 is just ahead.  And while property managers like yourself are what they should allot for their marketing management marketing budget. This epic post covers the importance of committing funds to marketing your property management firm.  With the right strategy and budget, your company could become the fresh, new market leader…

Stripe Payment System Landlords are in need of better payment systems because of cash flow issues, tenant payment problems, slow bank transactions, fraud, lagging bank and accounting reconciliation, and a lack of real-time reporting. In a recent blog post, we listed online payment service providers who have systems which streamline the revenue collection process. Collecting your revenue,…