The Future of Short-Term Rental Management

The short-term rental industry has come a long way. Once mainly for vacation rental property owners with a few properties, business leaders in multifamily have started to add short-term rental units to their portfolios. Kigo Senior Vice President Matthew Hoffman says the industry has a lot to offer multifamily owners and managers if they keep[]

accounting

Alleviating the Year-End Rush with a Better Plan

The year-end accounting season in the first quarter may seem like a fire drill for some property management accounting teams, especially if due diligence through previous 12 months hasn’t been done. For the unprepared, a year’s worth of reporting and audit preparation gets boiled down to 90 fast days, and the end may leave even[]

accessibility compliance

The Importance of Accessibility Compliance in Multifamily

Greg Proctor, Vice President of RealPage Compliance Services, has been preaching the need for more awareness of accessibility compliance issues with properties for years. Out of all of the properties he has inspected over the years (and that is many years), he has yet to find one that is completely in compliance with the regulations[]

Smart Home Technology and IoT in Multifamily

Smart Home Technology and IoT in Multifamily

Smart home technology, Internet of Things (IoT) and connective devices provide substantial benefits to property managers and building owners but can often represent a costly investment. Are you ready to upgrade? It’s a fact – the Internet of Things and connected tools are the way of the future. Smart technology has improved nearly every facet[]

8 Key Segments of Operations to Master Property Management [eBook]

The 8 Key Operation Segments to Master Property Management

In today’s growing rental market, operating a healthy business is essential to staying competitive while reducing expenses. A holistic property management approach can enhance all aspects of your business operations and increase your property’s competitive advantage. An interactive software platform can assess the needs and performance of operations to help you master managing your property with[]

multifamily social media

6 Social Media Lessons for Multifamily Professionals

Although our interactions on social media take place in a digital world, nothing beats face-to-face interactions when it comes to exchanging the latest knowledge and forming lasting relationships. For this reason, over 200 marketers and professionals across the industry gathered at the Meritage Resort and Spa January 31 through February 2 for the Multifamily Social[]

How RealPage is Guiding PMCs to Better Purchasing Decisions

Software solutions have filled a big void in recent years to help property managers oversee vendors, from securing the necessary paperwork to getting the best deal on everyday supplies and big-ticket items. Through a spend management system, apartments can build a complete library of qualified plumbers, carpenters, suppliers and the like to establish continuity in[]

The Rising Cost of Apartment Construction: It’s More than Labor Shortage

Much has been made about the impact on construction of a weakened skilled labor force, but the shortage of workers isn’t the only reason some projects are delivering late and costing more. Increasingly difficult apartment designs and regulatory issues are among several factors that have slowed progress at a time when units can’t be delivered[]

Utility Billing Services: Less Risky Business, More Recovery

Utility Billing Services: Less Risky Business, More Recovery

New owners of multifamily residential property are often surprised at the number of laws that affect their ability to do business. In addition to statewide landlord and tenant codes, an owner electing to pass through the cost of usage and ancillary services must consider the local utility tariffs, city or county ordinances, state utility law[]

best screening practices

7 Best Screening Practices to Minimize Risk

Are you thinking about ways to minimize risk during the resident screening process? Here are the best screening practices for multifamily operators and leasing professionals: 1. Don’t leave anything to chance You set the standard for who lives in your community, not fate. Accomplish this by setting rental criteria that matches your unique business priorities.[]

apartment market research

New from MPF Research: Markets Best Positioned for Amazon HQ2, Peaking Supply, Rent Growth by Building Height

MPF Research provides actionable apartment market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. Three apartment markets are best positioned to handle Amazon HQ2 Among the remaining metro contenders for Amazon’s second headquarters, only a few have apartment markets that could comfortably handle the swell of 50,000 additional workers.[]

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