Property managers and independent property owners are vying for a piece of the short-term rental pie. We wrote this guide to help property owners understand the pros and cons of short-term or vacation rentals. Here we present four risks and rewards to help you determine the best option for your property.
The Property Management Blog
In the latest of our Expert Roundtable Series, we report on best practices for managing leads. We interviewed three experts in the multifamily housing market to learn about the technologies and procedures they use for successful lead management. Among our experts are executives from Gables Residential and Archstone.
The National Multi Housing Council recently reported that the U.S. apartment market was “tighter” than it had been at any point in the last four years. A “tight” market is defined as one with low vacancies and high rent increases. The tighter the market is, the harder it is for renters to get good deals.
The next time you’re searching for a rental property, throw out this question to your potential landlord and gauge their reaction: “What are your green credentials?” The response you get probably will range from a quizzical look to a mumbled sentence about switching to new light bulbs. Sustainable practices haven’t caught on as quickly in property management as in other industries.
If it’s been a while since you last rented an apartment or a house, you may be surprised to find that the property management industry is much more tech savvy than you remember. The rise in software vendors offering web-based systems for property management is driving the adoption of new technology by property managers. Web-based software vendors have recently started to emerge.
It’s Saturday morning. Joel and Rebecca are walking their dog through a neighborhood in Austin, TX. As they walk, they chat about the movie they saw last night, what they’re going to make for dinner, and the big trip they have planned for next weekend. You wouldn’t know it by listening to their conversation, but the couple is also house hunting.
Last week, Software Advice set out to learn about the state of technology among property managers and how they are using property management software. Thanks to the 70 of you who responded to our survey, we gathered interesting information on social media use, business growth, lead tracking, and other areas. We invite you to review these trends and stats.
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