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Property Managers Helping Renters Improve Their Financial Positioning

Appraisal Buzz

Of the property managers aware of the practice, almost half (48%) report rent payments to credit agencies, says a new report from TransUnions Tenant and Employment group a 33% jump from last year, and last year was a 36% jump from the year before. The majority (85%) said reporting rent payments is easy to do.

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The risks of 1099 contractors in property management

Housing Wire

Multifamily property managers and owner managers face countless challenges and complexities day in and out. From resident relations and legal compliance to property takeover, both established and new property management company executives can quickly become overwhelmed handling all the moving parts required to run the company.

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AppFolio enhances AI property management tools

Housing Wire

AppFolio unveiled new artificial intelligence (AI) capabilities at this year’s National Apartment Association Apartmentalize conference, expanding its platform Realm-X with new features aimed at automating property management tasks. AppFolio said that traditional tools have limited the industry by focusing on tasks rather than results.

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Property management software: Why more Americans firing their property managers

Housing Wire

Hiring a property manager to handle day-to-day operations may seem like the best way to alleviate the stress. Traditional property managers are expensive, and with high interest rates and expenses, potential profit margins for rental property owners can be slim to none. billion by 2032.

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How AI is helping property managers meet a challenging market

Housing Wire

The property management landscape is evolving rapidly, with rising costs, shifting renter expectations, and increasing competition pushing industry professionals to rethink strategies. Forty-eight percent of property managers are looking for opportunities to reduce cost year-over-year, and 42% want to streamline maintenance operations.

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Seize the student housing surge: A guide for property managers

Housing Wire

Growth in the off-campus student housing market creates massive opportunities for property management companies. Many property managers are looking to enter this market for the first time. Property managers must consider fundamental operational changes and take specific steps before testing this market.

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Meeting Renters Where They Are

Appraisal Buzz

Currently, the property management industrys reliance on legacy payout processes can lead to refund errors and delays that inconvenience tenants when moving into their new homes. Evolving Tenant Preferences Today, most renters are digital-first.

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