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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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CubiCasa launches AI tool that creates virtual home tours in minutes

Housing Wire

The new CubiCasa Tour product will create interactive, virtual property tours within minutes. The new product uses similar software to CubiCasa’s Floor Plans, another virtual listing tool that builds floor plans in five minutes or less. Allen said that CubiCasa’s new tool is uniquely positioned to level the playing field.

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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. Thats where TurboTenant comes in.

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How to minimize tenant turnover using online property management tools

Housing Wire

Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. Turnover is one of the most costly aspects of the property management business, with the average turnover costing more than two thousand dollars.

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Rental portal Zumper launches ’Zoe’ AI assistant

Housing Wire

“We want to harness AI to empower both property managers and renters in a whole new way,” Zumper co-founder and CEO Anthemos Georgiades said in a statement. Property managers should expect to receive far better informed and quality Zumper leads when Zoe passes them across.”

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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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How AI and a changing rental market will shape property management in 2024

Housing Wire

Two complex factors are set to transform the rental market in 2024, creating new challenges and opportunities for property managers. The second is a more competitive rental market, driven by record-high construction of multifamily rental properties. At the same time, the data suggests several benefits for early adopters.