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7 February 2025 | 12 replies
They're better at collecting rent and charging late fees than most owners ever are.
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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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14 February 2025 | 43 replies
So I guess the new investors networked with each other and the dudes who set it up and collected dues.
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29 January 2025 | 0 replies
Because instead of collecting one rent check per month, you’re collecting multiple payments from different tenants.
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20 February 2025 | 11 replies
Honestly, I wish more consumers asked this because there are far too many agents who believe their job is simply to show homes, write contracts, and collect a commission.
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10 January 2025 | 4 replies
Quote from @Tanner King: Where are the best places or best ways to collect data on specific markets?
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1 February 2025 | 4 replies
“…states still have authority to require notice filings and collect state fees.”This means you need to check with each state where your investors reside to ensure compliance.Final Warning: Don’t Cut Corners – Follow the Law!
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7 February 2025 | 8 replies
You'll have a small empire by the time you are 30.However, being a landlord involves a lot more than just collecting checks.
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1 February 2025 | 3 replies
This is more of a reach goal for me since I am still in my "collect 4 green houses before trading up to a red hotel" stage, but I thought I would ask the hive mind anyways.