Category: Blog
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Property Management Revenue Streams
Key Takeaways Diversifying your revenue streams beyond standard management fees is essential for a stable and scalable property management business. Value-add services like enhanced marketing, detailed financial reporting, and eviction management can increase profitability and client satisfaction. Leveraging technology for automated accounting, streamlined maintenance, and data reporting can boost efficiency and create new revenue opportunities…
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Why Leasing Still Feels Broken (and What You Can Fix Today)
Despite the growth of modern property management software, the leasing process often feels disjointed and frustrating. High lead volume with low conversion. Inconsistent follow-up. Poor visibility into what happens after a tour. If this sounds familiar, you are not alone. Leasing is one of the most important functions in property management, but it is also…
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Are You Really GAAP Compliant? What Property Managers Miss in Their Financials
GAAP compliance is one of the most overlooked yet critical aspects of property management accounting. Most property managers assume they are in compliance simply because they use accounting software or follow a standard set of procedures. But in reality, many firms fall short when it comes to aligning their practices with Generally Accepted Accounting Principles…
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From Tour to Lease: How to Close the Gaps in Your Leasing Workflow
High interest but low conversion. Scheduled tours followed by silence. Incomplete CRM records. These are symptoms of a broken leasing process that affects property managers everywhere. Closing the gap between a property tour and a signed lease requires structure, accountability, and the right tools. In this article, we walk through common drop-off points in the…
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How to Prepare for a DRE Audit: A Property Manager’s
If you manage properties in California, chances are you will face a DRE audit at some point. The Department of Real Estate (DRE) conducts audits to ensure that property managers are handling trust funds properly and complying with legal and financial reporting standards. The best way to approach a DRE audit is to stay audit-ready…
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What Your Aged Payables and Receivables Are Telling You
For property managers, keeping an eye on cash flow is essential. But many firms overlook one of the most revealing tools in their financial system: the aged payables and receivables reports. These reports are not just lists of overdue bills or unpaid rent. They are powerful indicators of how healthy your property management business really…