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…

Accounting Software that Supports Your Business Bookkeeping and accounting are two of the most important daily tasks in landlords and property manager’s workday. Simplifying that routine with smart automation is a must since accounting powers up all other areas of your business. Budget management, cash flow, financial insights and more give property managers greater control…

Accounting Setup for HOAs Homeowner association boards and their HOA management company face a number of challenges in setting up and managing a cost effective and legally compliant HOA. What they don't need during this phase is a poor handling of the board's financial transactions, producing inaccurate financial reports for HOA planning uses, filing cabinets…

Remove the Pain of Accounting Easily There are more than a few business owners who feel burdened by the demands of handling and recording invoices, receipts, taxes, tax forms, payments, and security deposits. Even for those gifted in administration and bookkeeping, accounting can be a soul-sucking drain on time and energy. Some landlords hear the…

Property Management Financial Statements Monitoring property financial performance and examining the financial statements is one of the most essential tasks for a property manager. Your portfolio's financial performance should be reviewed on a monthly basis by the asset manager, director of property management, regional manager, and property manager.  When reviewing financial documents, the Profit and Loss…