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The Circle of (A Property's) Life

By Linda Day Harrison, Manager Labs, Chicago, ILThere are business models in all shapes and sizes. There are retail stores, medical and legal practices, cleaning companies, general contractors, grocery stores, etc. So when you think about a business, how many business models do you know of where the business owner outsources the entire business to another party? For instance, if you visit your local grocery…See More
Blog post by Buildium Wednesday
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Rent Roll Buying and Selling – More Than Meets the Eye

By Jo-Anne Oliveri, ireviloution intelligence, Brisbane, AustraliaRecently, I have been involved in the sale and purchase of a rent roll. I had the rare opportunity of consulting for both the buyer and purchaser. Let me say, this was the smoothest and least stressful rent roll transfer I have ever witnessed!Now some might say there is a conflict of interest by consulting to both the seller and the purchaser, and…See More
Blog post by Buildium Feb 6
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Technology and the Successful Property Manager

By Phoebe Chongchua, SD Real Estate Help, San Diego, CAIt’s the kind of job that requires a lot of patience, and today being a property manager also requires keeping up with technology. Property managers work with many different personalities, which requires them to have some important skills that help make the job of managing properties a success. But they also need to keep up with…See More
Blog post by Buildium Feb 3
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Kristi Villani liked Buildium's blog post 'Form 1099s & Year End Statements' Jan 30

Form 1099s & Year End Statements

By Salvatore Friscia, San Diego Premier Property Management, San Diego, CAFor property management companies, the month of January signals a time to prepare and issue year end statements to their clients for tax preparation purposes. Consequently, each January the IRS requires that any taxpayers who have made payments in excess of $600 to workers that are not considered employees must prepare Form 1099 –…See More
Blog post by Buildium Jan 25
0 Comments

A Resident's Expectations

By Steven Van Zile, Total Management, New York, NYWithin the past 24 hours, here are the maintenance issues I’ve experienced at the property where I reside: the maintenance person, loyal to this building for 33 years, responds to a clogged toilet by advising us to pour bleach down the toilet. Concurrently, the intercom buzzer is…See More
Blog post by Buildium Jan 23
0 Comments

New Year, Same Excuses

By Salvatore Friscia, San Diego Premier Property Management, San Diego, CA As we look forward to 2012 and say goodbye to last year, many new real estate investors will forgo using a property manager in lieu of becoming landlords themselves for the first time. It may even be one of their yearly goals to acquire an income producing rental property. The fast and lucrative lifestyle known as real estate investing, a…See More
Blog post by Buildium Jan 18
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Do Short-Term Rentals Make Sense for Property Managers?

A guest post by Ashley Halligan, Analyst, Property Management Software GuideShort-term rentals, of all natures, have become a hot commodity – and a controversial one at that. Short-term rentals can include vacation rentals and temporary housing, often sought by vacationers, business travelers, or people who have recently relocated while seeking long-term living arrangements. Either way, it’s become an ongoing topic of…See More
Blog post by Buildium Jan 4
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The True Value of a Property Management Company

A guest post by Andrew Payne, Louisville Property Management, Louisville, KYBefore doing business with a property management service, a property owner must feel that the company’s 8-10% management fee is valid and deserved. When you take a call from a prospective client, you must sell yourself based on what you truly offer. This article covers some key areas to explain when discussing your company’s role in the business.Responsive service.If a manager…See More
Blog post by Buildium Dec 6, 2011
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The Comeback of the Transferee Tenant

By Ben Holubecki, STML Realty Group, Glen Ellyn, ILOne area that really took a hit during the economic downturn over the past few years was the ability to lease property to employees being hired and transferred. Nobody was hiring, and it seemed that very few companies were taking on the expense of transferring their employees to other markets. Although the job market continues to stagnate, overall it does appear…See More
Blog post by Buildium Dec 5, 2011
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It's Hard to Say No to New Property Management Accounts

By Salvatore Friscia, San Diego Premier Property Management, San Diego, CAProperty management is all the buzz these days, as it is becoming the saving grace of the real estate industry. Across the country, real estate agents and realtors who are unable to maintain consistent listings and sales have turned to property management as a steady income stream until the market “picks up” again. This increase in…See More
Blog post by Buildium Nov 29, 2011
0 Comments

Focus on Profitability over Volume Lends to Successful Property Management

By Ben Holubecki, STML Realty Group, Glen Ellyn, IL One of the most important and difficult things to do as a professional property manager is to honestly assess your strengths and weaknesses and build your business around the part of the business that you do best. For those outside of the industry, a property manager is a property manager, and few people can or care to make any distinction between an HOA,…See More
Blog post by Buildium Nov 28, 2011
0 Comments

Setting Your Rental Property Rate

A guest post by Andrew Payne, Louisville Property Management, Louisville, KYWhether you’re listing a property for the first time or the tenth, it’s important to confirm that your pricing is market competitive. Setting a proper rental rate ensures that you’ll attract plenty of customers to the listing, while also being able to maintain a high standard of tenant screening. In my …See More
Blog post by Buildium Nov 15, 2011
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Can Your Property Rights Be Violated by Cable Placement?

A guest post by Michael Gonzalez, Melrose-Sovereign, Orlando, FLWhen you live in a condo association, you are guaranteed certain property rights. With good property management, your rights are guaranteed in your governing documents, and one of the most important of these is the definition of “Common Elements.” These elements constitute all of the community that is not included within the units…See More
Blog post by Buildium Nov 14, 2011
0 Comments

Bonuses and Incentives in the Real Estate Industry: Striking Accord

By Jo-Anne Oliveri, ireviloution intelligence, Brisbane, AustraliaAre you in a position to create your own bonus and incentive plan that strategically builds your business, not just your property manager’s pocket? Successful bonus and incentive plans are all about understanding your team at an individual level, your agency’s business plan, and your market area. So, this week, let’s take a look at how understanding…See More
Blog post by Buildium Nov 8, 2011
0 Comments

Five Things New Landlords Don't Know

A guest post by Dusty Henry, All Property Management, Seattle, WARenting out your property might sound like a great idea, and it is. Inviting tenants to live in your home, especially if you are not using it, can be a great way to make some extra money and let someone else pay your mortgage.The idea of enlisting and paying a property manager may at first seem contradictory to your idea of making money. If you only have one property and minimal outside commitments, then you might not have a…See More
Blog post by Buildium Nov 7, 2011
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Buildium's Blog

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The Circle of (A Property's) Life

Posted on February 8, 2012 at 11:59am 0 Comments

By Linda Day Harrison, Manager Labs, Chicago, IL

There are business models in all shapes and sizes. There are retail stores, medical and legal practices, cleaning companies, general contractors, grocery stores, etc. So when you think about a business, how many business models do you know of where the business owner outsources the entire business to another party? For…

Continue
Buildium

Rent Roll Buying and Selling – More Than Meets the Eye

Posted on February 6, 2012 at 9:24am 0 Comments

By Jo-Anne Oliveri, ireviloution intelligence, Brisbane, Australia

Recently, I have been involved in the sale and purchase of a rent roll. I had the rare opportunity of consulting for both the buyer and purchaser. Let me say, this was the smoothest and least stressful rent roll transfer I have ever witnessed!

Now some might say there is a conflict of interest by…

Continue
Buildium

Technology and the Successful Property Manager

Posted on February 3, 2012 at 7:12am 0 Comments

By Phoebe Chongchua, SD Real Estate Help, San Diego, CA

It’s the kind of job that requires a lot of patience, and today being a property manager also requires keeping up with technology. Property managers work with many different personalities, which requires them to have some important skills that help make the job of managing properties a success.…

Continue
Buildium

Form 1099s & Year End Statements

Posted on January 25, 2012 at 12:14pm 0 Comments

By Salvatore Friscia, San Diego Premier Property Management, San Diego, CA

For property management companies, the month of January signals a time to prepare and issue year end statements to their clients for tax preparation purposes. Consequently, each January the IRS requires that any taxpayers who have made payments in excess of $600 to workers that are not considered…

Continue
Buildium

A Resident's Expectations

Posted on January 23, 2012 at 2:30pm 0 Comments

By Steven Van Zile, Total Management, New York, NY

Within the past 24 hours, here are the maintenance issues I’ve experienced at the property where I reside: the maintenance person, loyal to this building for 33 years, responds to a clogged toilet by advising us to pour bleach down the toilet. Concurrently,…

Continue

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At 5:31pm on May 7, 2009, Dee AllomongDee Allomong said…
Hi Erin and welcome to the LTPM community.

It will be great to get your perspective as a software provider.

Best,

Dee
 
 
 

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