As the warm summer months approach, property owners and managers must gear up to ensure their properties are well-maintained and prepared for the season. Summer requires proactive measures to preserve the integrity and appeal of your property. Whether you own a residential complex, a commercial building, or a vacation rental, taking the necessary steps to maintain your property during the summer months is crucial for tenant satisfaction, attracting potential occupants, and protecting your investment.

As millennials become the largest group of renters, property management companies need to adjust their strategies to meet their needs. This demographic has different expectations and preferences than previous generations, and catering to those needs can lead to increased satisfaction and retention rates.

If you own a rental, regular rental income is pivotal for the success of your business. It is important to learn ways in which you can make your rental portfolio a profitable one. This entails maintaining a constant influx of funds and attracting high-quality tenants.

Property maintenance is an integral part of property ownership and management. If you have rented out your property, it is important to maintain a proper record of tasks entailed in property maintenance, with details about task description, time of completion, costs, etc. Documentation of property maintenance tasks can be in the form of excel sheets, computer databases, maintenance management software, and paper notes.