The Financial Aspects of Property Management: Budgeting, Forecasts, and More
Managing a property involves more than just finding tenants and ensuring maintenance; it requires careful financial planning and management. As property owners, understanding the financial aspects of property management is essential for maximizing returns and ensuring...
Improving Tenant Retention: Pro Tips for Long-Term Success
Introduction: As a property manager, one of your top priorities is to maintain high tenant retention rates. Not only does this contribute to a stable income stream, but it also reduces turnover costs and fosters a sense of community within your properties. In this...
Staying Updated: Key Property Management Trends for 2024
Introduction: As we step into the new year, it’s essential for property managers to stay ahead of the curve and adapt to the evolving landscape of real estate. In 2024, several trends are shaping the property management industry, from technological advancements...
Navigating the Challenges of Mixed-Use Properties with Advantage Asset Management (AAM)
Introduction: Mixed-use properties have become increasingly popular in today’s real estate market, offering a blend of residential, commercial, and retail spaces within a single development. While these properties present unique opportunities for investors,...
Getting More Potential Renters by Using Virtual Tours – 5 Ways to Get More Renters Easily
Introduction In the competitive rental market, standing out is imperative for property managers. Traditional photographs and open houses are no longer enough, especially in an increasingly digital age. One tool that has revolutionized the rental property marketing...