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1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
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9 February 2025 | 36 replies
My first self-developed software gave me efficiency.
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17 February 2025 | 10 replies
Their software should easily be able to provide invoices.
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26 January 2025 | 19 replies
Now solely as a lender, i actually reverted back to it in unison with our mortgage origination software.
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31 January 2025 | 2 replies
Also, since the books were several years old, I'm not sure if there is better software or apps like Zillow to use for managing a property.
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12 February 2025 | 13 replies
We use RentManager for our portfolio as well, however we also use QuickBooks Online for our overarching accounting software.
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21 February 2025 | 2 replies
As I understand it, many brokers provide this software to their sales agents as well.
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21 February 2025 | 13 replies
GIS is software for mapping data.
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20 February 2025 | 9 replies
Do it yourself with TurboTax (or similar software)If your rental is pretty simple (one property, basic income & expenses), you can learn the basics and still save money.
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4 February 2025 | 17 replies
It would be tricky to track billable hours accurately but I’m sure there is software to make it easier.