Property management companies’ top growth tactics for 2024 & ‘25 [The Lookout]
Buildium Blog
by Robin Young
1w ago
If your property management company is looking to expand in 2024, you’re in good company—so are 92% of your peers. But you’re also not alone if you find yourself needing new tactics to make that growth happen this time around. Let’s start at the beginning: Property managers’ focus on portfolio growth is nothing new. 2024 marks the sixth year in a row that growth has been companies’ number one priority in Buildium’s annual survey of thousands of property management professionals. And it’s the third year in a row that more than 90% of companies report that they plan to expand their portfolios ..read more
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4 top property management CRM software options for 2024: The full guide
Buildium Blog
by Jake Belding
1w ago
Compare the features and benefits of 4 of the best property management CRM platforms of 2024, including Buildium, Propertyware, and more ..read more
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Buildium vs AppFolio: An In-Depth Comparison
Buildium Blog
by Jake Belding
2w ago
Buildium vs Appfolio: Which the best property management software for you? Read our in-depth comparison of key features and pricing ..read more
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Rental property marketing ideas to thrive this leasing season
Buildium Blog
by Jillian Rodriguez
3w ago
When leasing season rolls around, your already long to-do list may not include your marketing strategy. But you know how important these next few months are to your bottom line, and marketing plays a big role in that. Rental property marketing is a powerful tool for attracting high-quality potential renters and getting them into your units when competition for their attention is at an all-time high. Whether you’ve hired a marketing agency or you’re doing it yourself, these are the rental property marketing ideas that every property manager needs this leasing season—and throughout the year. Aud ..read more
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Lease management software playbook: Attract and retain your ideal residents
Buildium Blog
by Jake Belding
3w ago
Read on to learn the specific ways rental property leasing technology and resident retention software can help you create the kind of experience you want for your applicants ..read more
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5 time-saving AI prompts for property managers
Buildium Blog
by Jake Belding
2M ago
If you’ve kept up-to-date with business trends over the past year, then you’ve probably encountered more than a few stories with headlines like “how the latest AI tool is poised to revolutionize ‘X’ industry”, or “why AI will eventually make your job obsolete.” While these topics may inspire some interesting debates, they rarely have an immediate impact on how you do your job…for now. AI truly is revolutionizing the way people work a wide array of industries. It’s only a matter of time before it has direct effects on property management. That begs the question: “What are the practical uses for ..read more
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7 of the best property management apps of 2024
Buildium Blog
by Jon Park
2M ago
Compare and contrast the features of 7 of the leading software solutions to find the best rental property management app for your business ..read more
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How to build a more profitable property management business in 5 steps
Buildium Blog
by Jake Belding
2M ago
According to our industry intel, only 1 in 3 rental properties are profitable, meaning the property management profit margin of most businesses is precarious at best. What can property managers do to keep their businesses profitable? Clear visibility into your business can help you determine where you should focus your efforts, improve on successes, and overcome specific obstacles to revenue growth. With so many variables to take care of, from finding the right tenants to bookkeeping, you’ll need a combination of business knowledge, data, and tools to achieve that visibility and strengthen you ..read more
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9 Best HOA management software platforms for 2024
Buildium Blog
by Laurie Mega
2M ago
Explore 9 of the best software solutions for HOA, COA, and condo management, including what each tool has to offer and how much it costs ..read more
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Engage your employees: Expert culture tips for property management businesses
Buildium Blog
by Jon Park
3M ago
While ping pong tables, unlimited snacks, and cold brew on tap are all amazing perks, they don’t define a strong company culture. That’s especially true at a time where keeping your employees engaged is becoming increasingly difficult, with shifting expectations around remote work and flexible schedules. Ultimately, the property management business is about people, and that includes the people you hire. Dissatisfied employees are less productive, take more sick days, and are more likely to leave for new work opportunities elsewhere. According to Gallop, companies with engaged employees are 21 ..read more
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