Getting regular rent from your tenants is all fine until they give their notice. Sure, new tenants come in, but the actual task is making the unit look fresh and well-maintained when they arrive! It's the hardest thing when you have to paint, clean, and repair the property to make it look new. ...
British Columbia (BC) suffered another severe natural disaster a few days back. Massive floods swept through the region destroying bridges, houses, and all highways. The incident left 17,000 people homeless, with around 10,000 properties on evacuation orders.
There's no way to get around the most dreaded time of the year when you're running a property business which is CAM reconciliation. There are chances where you either end up billing more than the actual amount to your tenants or have to pay the excess amount charged individually.
Property managers have to perform several tasks everyday. Manual repetitive tasks can become tiring. Not only would their job become overwhelming, but the management of daily tasks would become a time-consuming affair.
With a property management software, you can make things easier. For i...
Property Hunting is undoubtedly a difficult task when there are so many options to choose from. But no matter how much time passes by, they’ll always be expensive. And to make a decision where you’ll be spending a lot of your money, some expert advice is needed.
Property inspections play ...
2020 saw an increase in the construction of single-family homes as compared to apartment units, according to Robert Dietz, the chief economist of the National Association of Home Builders.
So, will SFR construction will outpace multifamily with time? Also, apart from SFR, the BFR (Build-for-Rent) sec...
The real estate industry is highly demanding. Property managers need better time management to handle multiple responsibilities better.
While technology can make things easier, are you using it the right way? Our tips combine technology and human resources to create effective, time-...
Studies suggest that been by 2050, 68% of the world’s population will live in urban areas. With cities growing and changing, the real estate industry will need to adapt too. The global real estate market, for instance, saw significant growth even during 2021, at a time the world battled the coronavi...
In the past few years, the real estate industry has seen accelerated growth in technology adoption. And with technology, the industry is also leveraging data as one of its largest commodities. Whether it is understanding market trends or increasing occupancy rates, data analysis is driving property ...
Did you know properties with virtual tours get 87% more views when compared to listings without tours? Modern property tours have massive potential to improve real estate sales if implemented the right way.
Today, technologies such as VR and AI help create immersive proper...
For the past few years, the global real estate industry focused on marketing to one target audience: millennials. But as technology develops, we have an entire generation having a different set of requirements. Gen Z renters are digital natives who haven’t lived without the internet. As the oldest o...
Multifamily apartments have a high number of visitors and tenants, making building security not an added feature, but a priority. With burglaries and crimes on the rise, more tenants are looking for properties that have added safety measures. An Assurant survey found that nearly 54% of ten...
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