What Happens If Rent Isn’t Paid on Time?
Introduction Rent collection is the foundation of any rental business. Whether you’re a landlord managing a single-family home or a property manager overseeing hundreds of units, timely rent payments keep the operation running. When tenants miss payments, it can disrupt cash flow, jeopardize property expenses, and trigger legal proceedings. But what actually happens when rent […]
How Do I Read and Interpret Your Financial Statements?
Introduction As a property owner or investor, one of the most important tools you have to evaluate performance is your monthly financial statement. But if you’re not an accountant, reading those reports can feel like deciphering a foreign language—ledgers, debits, reserves, accruals… what does it all mean? Understanding how to read and interpret your financial […]
How Often Should a Property Manager Inspect the Property?
Introduction Property inspections are a cornerstone of successful property management. Whether you’re managing a single-family rental, a multifamily complex, or commercial space, regular inspections help protect the asset, ensure tenant compliance, and reduce costly surprises. But one question plagues both new landlords and seasoned managers alike: How often should a property manager inspect the property? […]
What Tenant-Screening Criteria Are Legally Allowed?
Introduction Tenant screening is one of the most important steps in the rental process—but it’s also one of the most legally sensitive. While property managers and landlords want to protect their investments and ensure qualified tenants, they must do so within the bounds of fair housing laws and privacy regulations. Using illegal or discriminatory screening […]
What Notice Is Required to Terminate a Management Agreement?
Introduction Management agreements—whether for property management, hotel operations, community associations, or investment portfolios—establish the working relationship between an owner and a management firm. But circumstances change: underperformance, strategic shifts, or market dynamics can prompt an owner to end the relationship. In such cases, knowing exactly what notice you must give—and under what conditions—is critical to […]
How Long Are Typical Management Contract Terms?
Introduction Whether you’re hiring a property manager, selecting an asset‑management firm, or partnering with a hotel operator, one of the first questions is: How long should the contract run? Contract length strikes a delicate balance—long enough for the manager to recoup investments and deliver results, yet flexible enough for the owner to exit if performance […]
Exploring the Top Mapping Features for Visualizing Property Locations
Introduction In the real estate and property management world, a picture may be worth a thousand words, but an interactive map is worth a thousand data points. Whether you’re a homebuyer comparing neighborhoods, a property manager tracking maintenance zones, or a developer analyzing market trends, mapping features transform raw address lists into intuitive visual stories. […]
How API Support Enables Seamless Third‑Party Integrations
Introduction In today’s interconnected digital ecosystem, businesses rarely operate in isolation. From e‑commerce platforms pulling in real‑time shipping quotes to CRM systems syncing customer data across marketing tools, third‑party integrations are essential. At the heart of this connectivity lies the Application Programming Interface (API)—a set of rules and protocols that lets disparate applications communicate, exchange […]
What Is a Management Agreement and How Do I Review One?
Introduction Whether you’re a property owner hiring a real estate manager, a company engaging a marketing agency, or a startup partnering with a technology service provider, a management agreement is the cornerstone of your relationship. This legally binding contract spells out each party’s rights, responsibilities, and remedies—ensuring expectations are aligned and risks are controlled. Yet […]
How Management Fees Vary by Region in Australia: A Detailed Overview
Management fees—charges levied by professional managers for overseeing assets, properties or funds—can differ significantly across Australia’s states and territories. Whether you’re a landlord engaging a property manager, an investor in managed funds, or a retiree in a retail super fund, understanding regional fee variations helps you keep more of your returns. In this blog we’ll […]