According to Buildium, and other industry leaders, the rental market is experiencing significant changes. Property vacancies are increasing, properties are staying vacant longer, and resident satisfaction is more crucial than […]
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By definition, property management software is an all-in-one solution offering a comprehensive platform of features and functionalities to help with different aspects of day-to-day operations. For example, many of these […]
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The industry’s most powerful maintenance solution just got even more powerful with the release of Meld 2.0. This interface update is more than a facelift. It’s the future of property […]
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Every day, property management companies overseeing 500 – 2,500 units urgently need support in measuring maintenance coordinator performance and averting burnout. If you’ve ever asked yourself, how do I know […]
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When speaking with thousands of property management companies, we tend to hear that most property managers say the intake process of maintenance requests is easy. However, after the initial intake, […]
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Headquartered in the Black Hills of South Dakota, we at Property Meld know a thing or two about frigid temperatures and blustery weather (hello, -50 degrees fahrenheit). In the past […]
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Lowering maintenance spend is crucial to increasing investor retention in 2024. If left without property strategy or attention, maintenance can drain your resources and profits. With unpredictable maintenance, many property […]
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As property managers kick off 2024, property management companies across the United States focus on investor retention. According to data from the 2024 Property Management Industry Report by Buildium […]
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How do you measure the performance of your property maintenance activities? In the realm of property management, the way you handle maintenance is a game-changer. It’s not just about keeping […]
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In property management, the best way to build trust with your residents is to keep their homes in ideal working condition. At the same time, building trust with your investors […]
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Another year, another year of a shifting rental market. At Property Meld, we are constantly improving to equip property managers across the nation and our customers to with cutting edge […]
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With the holidays fast approaching, many property managers are looking for that perfect gift for their team. The decision is tricky, and the current economy may make the Jelly of […]
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RAPID CITY, SD, November 30 — Property Meld, the leading residential property maintenance software company, announced today a suite of AI Communication tools aiming to solve the significant challenges around […]
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Every year, integration partner Buildium surveys property management professionals to identify trends in the property management industry with their annual Property Management Industry Report. In 2023, nearly 2,000 participants were […]
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In this month’s Beyond Maintenance webinar, Property Meld discussed the importance of setting expectations in your maintenance process. Building and setting expectations with your residents, vendors, maintenance technicians, and property […]
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A property management budget is an analysis of the income and expenses used to track a property’s financial situation and anticipate future expenses. Typically, property managers begin the process of […]
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Step by Step Guide to Property Management Budgeting Effective budgeting is a crucial aspect of successful property management. It allows property managers to allocate resources efficiently, plan for future expenses, […]
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When creating a property management budget,it is advisable to concentrate on your existing operating expenses. It is the most effective way to identify areas where you may be overspending or […]
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What are Property Management expenses? Property management expenses are the costs associated with the operation and maintenance of a real estate property. These expenses are incurred by property owners, landlords, […]
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It’s crucial for property owners and managers to calculate a maintenance budget to ensure that they allocate sufficient funds for the upkeep of their properties. A strong property maintenance process […]
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The end of the fiscal year is approaching, which means most property management companies are starting to plan the budget for the coming year. As a property manager it can […]
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Whether you are a property manager overseeing a portfolio of residential properties or a homeowner, budgeting for property maintenance can be daunting. Houses have a finite lifespan, and regardless of […]
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What is property maintenance? Property maintenance in rental properties refers to the ongoing tasks and responsibilities associated with keeping a rental property in pristine condition. This is crucial for both […]
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At Property Meld, we speak to hundreds of property managers each day. Through learning about many different maintenance processes, we’ve noticed that many maintenance departments don’t have the ability […]
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At Property Meld, we engage in daily conversations with hundreds of property management companies, allowing us to identify prevalent industry trends. Foremost among these trends is the recognition that […]
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Monitoring your maintenance performance is crucial for enhancing your maintenance process. Without oversight and performance standards, it is difficult to pinpoint problem areas, causing property management companies to allocate resources […]
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What are Key Performance Indicators? According to Forbes, A KPI ,or a key performance indicator, is a measurable and quantifiable metric to track progress towards a specific goal. KPIs help […]
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What Are Property Maintenance Benchmarks? Property maintenance benchmarks measure the efficiency of property maintenance processes. These benchmarks serve as vital reference points, aiding property managers, owners, or maintenance coordinators in […]
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Property management companies find maintenance to be the budget item with the lowest level of optimization but the highest degree of controllability. This means if done right, maintenance can substantially […]
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Property maintenance benchmarks refer to the standards or criteria used to assess and measure the performance and efficiency of property maintenance operations. These benchmarks serve as reference points […]
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Anyone with a home knows they are a lot of work, but they also bring a lot of pleasure. A well-maintained home is a happy home. If you look after […]
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To leverage the immense amount of data our software collects to provide our customers unparalleled oversight and visibility into their maintenance process, Property Meld created Insights. Making decisions driven by […]
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After speaking with countless property managers we heard the same things over and over. Most property management companies are looking for improved oversight and visibility within their maintenance process and […]
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Ensuring you have the right amount of maintenance team members to accomplish your business goals is crucial to success. As we move up The Ladder of Maintenance Excellence, you’ll find […]
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Property Meld CEO and Co-Founder Ray Hespen joined Rent Manager for this month’s Tech Tuesday, a valuable webinar for property management leaders to solve business challenges with technology, to discuss […]
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After you have solved effective communication, you can move on to the next step on the Ladder of Maintenance Excellence, scheduling efficiency. You will know if you’ve achieved scheduling […]
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In property management, having access to maintenance metrics is necessary for maintenance teams to understand the health of their processes. Ultimately, without visibility, it’s hard to know something is wrong […]
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Maintenance metrics are essential to the success of your property management company. Tracking key metrics lets you identify any problem areas in your maintenance process. It also allows you […]
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Property maintenance plays a vital role in ensuring rental properties’ long-term value, functionality, and curb appeal. Property managers must utilize maintenance metrics or KPIs to manage property maintenance activities effectively. […]
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Maintenance metrics or KPIs are measurements that can help you determine the success or shortcomings of your process. A significant number of property managers presently do not monitor maintenance metrics. […]
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What is Preventative Maintenance? In property maintenance, preventative maintenance refers to the proactive and scheduled maintenance activities carried out to prevent property-related issues and ensure the proper functioning and longevity […]
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One of the main reasons to track maintenance metrics is to measure the performance of your maintenance team. To achieve maintenance excellence, you must have an efficient staff that completes […]
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Table of Contents: What are maintenance metrics? Why are tracking metrics important? Why should you track maintenance metrics? What metrics should you focus on? How to track maintenance metrics? How […]
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Property Meld is happy to announce that HomeRiver Group (HRG) has renewed their contract with Property Meld for 2023. With nearly 40,000 units across 30+ markets in the United States, […]
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About Us Since its establishment, Property Meld has focused on not only providing residents with a better property maintenance experience, but a positive experience for all parties. In fact, the […]
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Maintenance troubleshooting is the process of identifying and resolving maintenance issues. It involves diagnosing the problem, determining the cause, and properly repairing it. Maintenance troubleshooting is essential to the success […]
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As a property manager, you are wearing many hats. From finding the most suitable residents to acquiring new properties, working with property owners, and handling maintenance issues can make it […]
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When we speak to property managers, we often hear they want to wait until the summer to implement a process change. But why would you wait until you’re in the […]
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The first step of the Ladder of Maintenance Excellence is effective communication. Just like food and water is necessary for survival, effective communication is essential for a property maintenance process. […]
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One of the biggest reasons property maintenance is such a pain for property management companies is its unpredictability. But it may be more predictable than you think. Most property […]
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Rental turnover is a normal part of property management. But, unusually high rates of turnover can wreak havoc on your bottom line and cause negative relationships with property owners. The […]
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When it comes to rental turnovers, one of the most time-consuming aspects is coordinating all the services that need to happen before a unit is ready for a new resident. […]
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In August of 2022, the national rental retention rate was 54.8%. Before the COVID-19 pandemic, retention rates over 50% were nearly unheard of. Residents were less likely to move throughout […]
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According to Dictionary.com, a “make-ready” is the act or process of making something ready for use. When it comes to property management, it’s just that. The make-ready, or “rental turnover,” […]
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There are two main ways to lower turnover costs: 1. The first is lowering your turnover rate and decreasing the number of turns you must complete. The fewer turnovers you […]
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There are many ways to run a property maintenance program, but not all are successful. The strategy you choose to conduct your property maintenance will directly impact resident satisfaction, owner […]
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The rain showers are slowing down, and the sun is in the sky longer each night. While for some summer is a season of fun and relaxation, but for property […]
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Preventative maintenance is a maintenance process that intends to detect any failures, defects, and equipment breakdowns before they quit working, leading to a potential maintenance emergency. This type of maintenance […]
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Maintenance troubleshooting is a vital part of any successful property maintenance process. Troubleshooting saves time and money, as it reduces the amount of downtime caused by the issue and prevents […]
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Property maintenance can be a daunting task, primarily due to its unpredictability. But after years in the maintenance game, our team has discovered trends in the property maintenance sphere. You […]
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How does property maintenance impact resident satisfaction? When a property is well maintained, it provides a sense of security for a property management company’s residents. This includes regular maintenance of the […]
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What is Routine Maintenance Routine maintenance refers to regularly completed work by a maintenance team. These are typically daily or weekly tasks to keep up a property’s overall appearance and […]
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A property maintenance checklist can be a list of responsibilities an internal maintenance team must complete on a regular basis to keep a facility, machine, or system in good working […]
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Property managers juggle many moving parts when running a successful company. From screening potential tenants and ensuring they are the right fit to collecting rent payments, there is always something […]
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With over 650 customers managing over 450,000 units, Property Meld is growing rapidly as the leading property maintenance software platform in the industry. To aid in our effort of continued […]
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In December, most property management companies are preparing their owner statements so they can have them all sent by the end of January. Owner reports detail the past year and, […]
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According to industry data, more property managers plan to grow their portfolio in the next two years than we’ve seen since 2016. In addition, more rental investors plan to acquire […]
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With 2023 just days away, we like to look at the past year and evaluate the success and growth of our company in 2022. More importantly, we want to celebrate […]
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When it comes to maintenance, the more information you have, the better. You can resolve maintenance issues much quicker if you have a clear idea of what is wrong […]
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Table of Contents: What is Business Productivity The Importance of Productivity in Property Management Productivity Issues you Might be Dealing With How to Identify Areas of Improvement What is the […]
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See how Property Meld customers leverage our maintenance software to improve their maintenance process and create a better experience. As 2022 ends, we celebrate customers who have improved their […]
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We’ve said it before, and it’s worth repeating. With the proper maintenance process, you can make money while saving money. Property management companies all over the country are leveraging maintenance […]
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Nothing is better than taking time off to relax with family and friends during the holidays. However, it is hard to enjoy your vacation when all you can think about […]
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In August of 2021, Pete Neubig found himself in a difficult position. After selling his business, Empire Industries, two years prior, he received a $1,000,000 lawsuit from a resident claiming […]
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We live in a time where information moves fast, and we are used to getting the details and data we want in seconds. Technology allows us to retrieve information conveniently […]
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One of the main reasons property maintenance can get costly is its unpredictability, but it doesn’t have to be! With preventative maintenance, you can schedule regular upkeep to prevent unexpected […]
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Maintenance can be one of the most difficult to control and costly parts of property management. But it’s also directly correlated to resident satisfaction and retention. Residents have high expectations […]
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Imagine your residents and owners see your company logo and brand throughout every step of their maintenance experience. Your residents and owners have no doubt they are doing maintenance […]
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The integration will allow shared customers to automatically sync data between solutions. RAPID CITY, SD – JUNE 22, 2022 – Property Meld, the number one property maintenance solution in North […]
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RAPID CITY, SD June 1, 2022 – Property Meld, the leading residential property maintenance software company in North America, announced today that it is partnering with PURE Property Management, one […]
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About the Excellence in Maintenance Award At Property Meld, our mission is to deliver a positive maintenance experience while intelligently improving efficiency and oversight. So it’s fitting that we want […]
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In Part #1 of Actionable Steps to Retain your Owners, we covered tips to improve your communication process with owners. Now, let’s take it a step further by exploring how […]
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Now that you know the importance of maintenance on owner retention, we are going to provide you with some insightful tips to retain your property owners. The key is to […]
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We get it. You are busy. Every day you come into work, it feels like you are trying to put out a dumpster fire. Your inbox is filled with […]
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Property maintenance is an incredibly complex process where repairs and follow-up can easily fall through the cracks. You can’t afford to fall behind on maintenance tasks. Why? Fast and quality […]
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We all know it’s coming. CNBC CFO experts say there is a 68% chance of a recession by 2023. Economic downturns create uncertainty with cash flow. Owners and investors grow […]
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Your phone rings, and it’s one of your property owners. You are expecting a pleasant call, but it goes south real quick. Your owner is breaking up with you. Their […]
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The Great Resignation has made today’s job market extraordinarily volatile. Talking about the fear of employee burnout is critical in looking at the future of our workforce. In part 7 […]
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Beyond Maintenance Series: Part 6 In part 6 of our Beyond Maintenance Webinar Series, we focused on maximizing vendor relationships during the labor shortage. Experts on our panel included maintenance […]
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Table of Contents: What is Rental Turnover? What is an Average Rental Turnover Rate? Common Reasons Residents Turn What Tasks Are Associated with Turns? What Are Rental Turnover Services? What […]
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The extreme swings of cold, heat, and humidity can cause stress to heat and cooling equipment. Preventative maintenance on your HVAC systems is often held off for the summer months […]
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Workflow automation is the future in the world of business, and property maintenance is no exception. Manually managing repetitive tasks is a thing of the past. Your staff, vendors, owners, […]
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The fear of the unknown is always scary, and property maintenance is no exception. In property management, it’s imperative to thrive in property maintenance to succeed in the industry. The […]
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Repair requests before maintenance estimates: You receive a maintenance request from an irate resident that they’ve lost hot water and it’s leaking beyond repair. The pressure is on to repair […]
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According to industry data, maintenance is the most significant source of stress for property owners, with 61% reporting it as a pain point. In fact, 60% of property owners say […]
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Prepare for the new year with our solutions to property maintenance challenges. Every year comes with new challenges, and property management is no exception. National trends evolve, economic trends change, […]
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Is property investor retention important to you? We hope you’re saying yes! Let’s look at why it’s essential to retain your customers and how you can make sure they stick […]
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Improve your property maintenance process with these two major takeaways from our customer success stories. At the end of the year, we celebrate our customers that improved their property maintenance […]
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We’re breaking out in celebration as we look at the past year in review and evaluate the success, growth, and learning opportunities of 2021. At Property Meld, we take […]
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The fear of the unknown is always scary, and maintenance is no exception. In property management, it’s necessary to succeed in maintenance to have a successful business—property maintenance matters. It’s […]
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We’re hearing the chatter around smart maintenance and the importance of implementing the strategy into your daily operations to save time and money. We’re flattered our solution has been a […]
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At Property Meld, we like to work hard and play harder. We’re serious about what we do, but we don’t take ourselves too seriously. That didn’t change as attendees flooded […]
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If you’re like most property managers we speak to, property maintenance is the life-sucking part of your daily responsibilities. Your manual efforts aren’t exactly creating a positive experience, but that’s […]
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October 12, 2021 — Property Meld announced today that it has expanded its relationship with HomeRiver Group, the nation’s largest provider of third-party property management services for single-family and small […]
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In this month’s Beyond Maintenance webinar and knowledge series on September 23, we focused on remote employees and the effects they can have on your business — for the better. […]
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Beyond Maintenance Series: Part 2 We hope you were able to attend part 2 of our Beyond Maintenance webinar and knowledge series on August 23, 2021, about internal maintenance. Unfortunately, […]
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Summer is speeding by. The cool air is coming. It’s time to break out your fall maintenance checklist to prepare your units for fall… and (dare we say?) winter months. […]
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Why should a resident or property owner choose you as the best property management company to work with? For your business to be successful, you need to work on implementing […]
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In the era of technology, software use and digital communication is growing rapidly and becoming the norm in today’s society. The property management industry is no exception. As a property […]
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Things are heating up in the housing market. People are talking about it, and it’s not a secret. According to Realtor.com, home sales are going up and mortgage rates are […]
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Make your make ready process less complicated with our tips and bonus turnover checklist! As a property manager, rental turnover is inevitable. There will always be reasons why your […]
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