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2024 Multifamily Property Management Trends: 4 Key Insights to Know by Buildinglink

2024 Multifamily Property Management Trends: 4 Key Insights to Know by Buildinglink

  • Posted: Oct 20, 2024
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In this post, we share our trends and predictions for multifamily in the upcoming year, offering you a detailed view on the challenges and opportunities that lie ahead.

1. An Amplified Need For Resident-Centric Solutions

 

In recent years, especially during the pandemic, the multifamily space has been increasingly prioritizing the resident experience. This upcoming year, property management companies will face an increased demand for resident-centric solutions that align with their growing needs and expectations. Today’s residents are seeking amenities that support remote working and their health and wellness goals. Moreover, there’s a heightened focus on building a positive resident culture that fosters community and social engagement. When residents feel connected to their neighbors and surroundings, they’re less likely to move, helping improve retention.

Property onsite teams are significantly enhancing the resident experience by improving their communication methods. This makes it easier for residents to report issues, request maintenance services, and receive timely updates. Consider using BuildingLink’s Communication Tools to effectively deploy important messages, ensuring your residents are always up-to-date and informed.

Amenities and services are also poised for significant improvements, reflecting residents’ expectations for greater value from their living spaces, especially with the rise in rents. From remote work spaces and podcast rooms to wider coffee options and fitness centers that host spin or yoga classes, residents are looking for conveniences that cater to their daily lives. Use BuildingLink’s Analytics & Reports to gauge the usage of your amenities, guiding you in making informed decisions to improve specific areas and optimize your investments. From there, remember to offer your residents an easy way to reserve spaces using the Amenity Reservations tool.

2. Continued Staffing Challenges

 

Like many industries, property management faced considerable staffing challenges last year, impacting overall operations. High employee turnover can be just as costly as high resident turnover, leading to a shortage of skilled staff and overburdening existing employees. This can then affect the ability to provide high levels of service quality and efficiency.

In response, some property managers are working to improve employee retention by creating development programs. The goal is to provide employees with additional training and learning opportunities that lead to career advancement and promotions. However, leveraging technology can also enable your current employees to achieve more with less. For example, equip your front desk team with BuildingLink’s Front Desk Instructions , which even allow them to view visitor photos, ensuring smoother check-ins regardless of the volume. Similarly, BuildingLink’s dedicated Staff App will help them process packages 80% faster than other package tracking solutions, reducing their workload while keeping your mailrooms organized.

3. Embracing Technology For Smarter Maintenance

 

One of the biggest predicted trends for property management in 2024 is the increased use of technology for improved maintenance, which is key for resident satisfaction and lease renewals. Properties are expected to adopt more smart home devices, such as smart thermostats and locks, as part of eco-friendly initiatives. On top of that, as part of their focus on the resident experience, property and maintenance managers will make it easier for employees and residents to submit and track maintenance requests. BuildingLink’s Preventative Maintenance is a valuable tool here, allowing you to reschedule recurring tasks, assign them to team members or vendors, and, ultimately, keep up with your maintenance needs.

4. Increased Emphasis On Automation And Proptech Consolidation

 

For property management companies, digital tools that incorporate automation are becoming increasingly essential for enhancing operational efficiency. Automation significantly saves time, reduces costs, and improves accuracy. However, using multiple, disparate platforms can lead to major losses in efficiency. Each tool, with its unique interface and features, creates a learning curve, leading to inefficiencies as users jump between platforms and struggle to remember multiple logins.

In contrast, consolidating your proptech solutions will create a more efficient and cost-effective approach to managing your various processes, responsibilities, and tasks. Property managers want a user-friendly platform that automates workflows and provides reliable analytics and reporting. Be sure to take a unified approach when adding new tools to maximize your return on investment.

That’s why many property managers today are using BuildingLink to streamline their Front Desk & Staff OperationsCommunicationsRecord-KeepingMaintenance, and more. With more than dozens of integration partners, our platform seamlessly connects with various tools in access control, accounting, payments, and package management. Even better, we offer a mobile option for property teams on the go, allowing them to seamlessly access our powerful features no matter where or when the need arises. Let’s make 2024 a year of unparalleled success and growth, with BuildingLink by your side every step of the way.

Partner With BuildingLink

Trusted by HOAs, co-ops, condominiums, and multifamily properties around the globe, BuildingLink helps property managers deliver superior resident experiences while streamlining maintenance and operations. We offer tools that will simplify your record-keeping and administration, communications, maintenance, and front desk staff operations.

When you’re ready to run your community better, smarter, and faster, book your BuildingLink demo today.

 

Get the Best Subsea Solution Services in the Region with the Highest Levels of Customer Satisfaction

Get the Best Subsea Solution Services in the Region with the Highest Levels of Customer Satisfaction

International Subsea Services has provided qualified and experienced to its clients. International Subsea Services maintains a detailed and extensive network database of industry professionals to provide support where needed. International Subsea Services is an approved installation contractor for Dredge Sox Erosion Solutions and Marine Construction Specialist providing Minor upgrades to a full design build, International Subsea services is the turnkey solution for all of your waterfront projects along the Gulf Coast and Caribbean Basin.

 

We are an Independent Contractors of Lake, Pond, and Wetland Installation & Maintenance

The installation and maintenance of lakes, ponds, and wetlands while taking care of cleanliness in your environment are very important these days. The restoration of living shorelines is a creative and productive technique to save water areas from erosion. Erosion is a natural process in which forces of nature such as water or wind crumble and transfer earthen materials to several other areas. The restoration technique actually includes the installation of wetlands plants, grasses, a thick sheet of algae, shrubs, and trees at areas of marine boundaries. This technique involves experts and the careful placement of bio-engineering materials to protect nearby areas of vegetables and soil.

Get the Best Subsea Solution Services in the Region with the Highest Levels of Customer Satisfaction

  • Affordable shorelines and hillside restoration with high-quality materials.
  • Stabilization and installation of water banks.
  • We use good quality products and materials to prevent bank erosion.
  • Perfect maintenance of hand dredging and cleaning of ponds and lakes with our latest equipment.
  • We monitor inspection services for mitigation related to every project.
  • Our leadership and disciplined team give proper management of projects easy and careful management.
  • We also do onsite demolition for pools and homes and remove all the useless items from the place.
  • Land clearing services are also provided for preparing land for the next innovative project.
  • For cutting, grinding, and clearing commercial and residential areas, our subsea solution services company uses forestry mulching machines.
  • Hotshot hauling service for urgent and important shipments of products is also provided by our company.

 

HAVE ANY QUESTIONS OR CONCERNS?

Request a free estimate today to see what International Subsea can do for you!

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Did you know that CCTV trucks are vital tools for inspecting the condition of underground pipes?

Did you know that CCTV trucks are vital tools for inspecting the condition of underground pipes?

Did you know that CCTV trucks are vital tools for inspecting the condition of underground pipes?
Equipped with high-resolution cameras mounted on crawlers, these trucks can navigate through pipelines, capturing video footage of the interior. This allows inspectors to identify problems like cracks, blockages, corrosion, or misalignment, all without having to dig up the pipes.
This non-destructive method of pipe verification is crucial for preventative maintenance, ensuring the quality of pipelines and helping to diagnose issues before they cause serious problems.
It also helps with making sure the pipes are clear so they dont block up or prevent drainage of your properties parking lots and Loading Docks.  Setting up a plan for cleaning and Maintenance is important, especially with the Florida Storms. 
Call us at (954) 210-4100
📧Email us at Service@getgreenteam.com
For other inquiries email us:
Projects@getgreenteam.com
Backflow@getgreenteam.com
Vacservice@getgreenteam.com
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Time to start thinking about taxes — making sure not to miss out on any tax credits. by RMS Accounting.

Time to start thinking about taxes — making sure not to miss out on any tax credits. by RMS Accounting.

Time to start thinking about Taxes — making sure not to miss out on any tax credits.

Did you do any energy improvements to your home? New energy efficient Air Conditioning, Heating, Ceiling Fans, Solar Panels, or Hot Water Heaters? Buy an Electric or Highbred Vehicle?
If so there might just be a tax credit in your stocking this year.? contact us today let us help with your Accounting and Taxes for your Business, Condo and HOA’s

RMS Business

Accounting

We provide extensive consulting to every accounting client. Detailed management notes are provided in addition to a comprehensive Financial Statement package.

Bookkeeping

Our bookkeeping help goes far beyond just balancing the books. Our Bookkeeping outsourcing, saves you time and money, while reducing stress levels.

Expatriate

RMS Accounting has a program that allows companies with expatriate staff to provide tax planning and preparation services to its staff anywhere in the world.

Tax

In addition to getting your corporate tax preparation right and completed the first time, our tax professional will also assist you with tax planning to help you reduce next year’s business taxes as well.

Software

At Royale Management Services, we offer support for two of the top business software programs available.

Payroll

When running a business, it makes sense to outsource tasks that can be handled best by others, save you money or allow you to be more productive. Payroll is one of the classic tasks that generally meets all of these criteria.

Credit Card Services

RMS Accounting supports Visa, MasterCard, Discover, American Express, Gift and Loyalty card, and Check processing. In addition will gladly support EBT card programs as well as a complete national debit card program.

Outsourcing

Originally, we focused on tax preparation for small to medium business, but today we do accounting outsourcing for everyone, from personal to large corporations.
2319 N Andrews Ave, Fort Lauderdale, FL, United States, Florida
+1 954-563-1269
info@rmsaccounting.com
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Palm Beach Condo & HOA Expo is back Wednesday, October 9th, at the Palm Beach County Convention Center.

Palm Beach Condo & HOA Expo is back Wednesday, October 9th, at the Palm Beach County Convention Center.

Palm Beach Condo & HOA Expo is back Wednesday, October 9th, at the Palm Beach County Convention Center.

 

Mark your calendar and don’t hesitate – complete your FREE REGISTRATION today!

The Palm Beach Condo & HOA Expo is THE event you can’t afford to miss! In a single day, you’ll get the tools, information, and contacts you need to gear up for your property’s busy season:

  • Learn and get FREE CEU’s from 10+ seminars and courses covering today’s essential management topics, including mandatory Board Certification, Legal Update, and much more (But hurry – seats fill up fast!)
  • Get advice from experts in law, security, property management, tax, accounting, and more.
  • Browse the newest products and services.
  • FREE LUNCH! A full day of learning and networking can really whip up an appetite. That’s why Property Managers and Board Members that register within the next 7 days with promo code “OCT9” will receive FREE LUNCH at the expo!

 

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Register NOW! – The Broward County Condo & HOA Expo returns Tuesday, October 15th, to the Broward County Convention Center, in the Grand Ballroom

Register NOW! – The Broward County Condo & HOA Expo returns Tuesday, October 15th, to the Broward County Convention Center, in the Grand Ballroom

The Broward County Condo & HOA Expo returns Tuesday, October 15th, to the Broward County Convention Center, in the Grand Ballroom (West Building, 3rd Floor).

Be sure to mark your calendar and complete your FREE REGISTRATION today!

The Broward County Condo & HOA Expo is an event you can’t afford to miss! In a single day, you’ll get the tools, information, and contacts you need to gear up for your property’s busy season:

  • Learn and get FREE CEU’s from 10+ different seminars and courses covering today’s essential management topics (But hurry – Seats fill up fast!)
  • Get advice from experts in law, security, property management, tax, accounting, and more.
  • Browse the newest products and services.
  • FREE PARKING! Use the Northport Parking Garage connected to the Convention Center, and we will validate your parking at check-in!
  • FREE LUNCH! As a Community Association Manager, Board Member, Board President, or active HOA member, use promo code RO2 when registering in the next 7 days and receive free lunch at the expo!

 

Register NOW! – Palm Beach Condo & HOA Expo is back Wednesday, October 9th, at the Palm Beach County Convention Center.

Register NOW! – Palm Beach Condo & HOA Expo is back Wednesday, October 9th, at the Palm Beach County Convention Center.

Palm Beach Condo & HOA Expo is back Wednesday, October 9th, at the Palm Beach County Convention Center.

Mark your calendar and don’t hesitate – complete your FREE REGISTRATION today!

The Palm Beach Condo & HOA Expo is THE event you can’t afford to miss! In a single day, you’ll get the tools, information, and contacts you need to gear up for your property’s busy season:

  • Learn and get FREE CEU’s from 10+ seminars and courses covering today’s essential management topics, including mandatory Board Certification, Legal Update, and much more (But hurry – seats fill up fast!)
  • Get advice from experts in law, security, property management, tax, accounting, and more.
  • Browse the newest products and services.
  • FREE LUNCH! A full day of learning and networking can really whip up an appetite. That’s why Property Managers and Board Members that register within the next 7 days with promo code “OCT9” will receive FREE LUNCH at the expo!

 

Property damage claims encompass more than just the obvious cases. From water damage to fire damage and beyond,

Property damage claims encompass more than just the obvious cases. From water damage to fire damage and beyond,

  • Posted: Aug 06, 2024
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“Types of Property Damage Claims: Beyond the Obvious”

Property damage claims encompass more than just the obvious cases. From water damage to fire damage and beyond, we handle a wide range of property damage claims. If your property has been damaged, contact Maus Law Firm to discuss your options and seek the compensation you deserve.

WHY MAUS LAW FIRM?

 

Direct Contact with Experienced Attorneys

When you hire us, you speak one on one with our skilled Fort Lauderdale personal injury attorneys or property damage lawyers. We have decades of combined experience between us, and we make sure our clients understand their claim and the legal process.

 

We Accommodate Our Clients

No two clients are the same. Maus Law Firm wants to assist all of the clients who need our services, so we offer 24/7 phone service, free estimates, Spanish-speaking staff members, house calls, after hours appointments and more.

 

Results That Speak for Themselves

Our Fort Lauderdale injury lawyers handled thousands of accident and property damage claims and received settlements over $1 million. Our happy clients have left us wonderful reviews, and we strive for the best legal outcome for each case we represent.

Call For a Free Consultation   (855) 999-5297

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Preparing Stormwater Ponds for Hurricanes

Preparing Stormwater Ponds for Hurricanes

4 Hurricane Preparedness Tips for Your Stormwater Pond

According to the National Oceanic and Atmospheric Administration (NOAA), approximately 40% of the American population lives within coastal areas, despite the fact that they only make up 10% of the country’s total landmass. As anyone who lives on the coast can tell you, populations have continued to increase in recent years. It is unsurprising then that a large concern of many homeowners in these areas is the threat of hurricanes and the associated damage.

Most people in coastal areas typically live on or near man-made stormwater systems, which use inlet and outlet structures, forebays, safety benches, and other specialized components to collect runoff during storms. However, these sites can become a concern any time a hurricane approaches due to the increased risk of equipment damage and catastrophic flooding. The water in stormwater ponds is likely to rise much higher than normal during these events, so it’s important that community associations, municipalities, and private property owners take steps to ensure their waterbodies are in proper working condition during hurricane season.

 


pond maintenance stormwater pond management regulatory compliance

1. Remove Debris

Yard debris should be removed from around the site and streets should be cleaned of trash, since this will be flushed into the ponds via storm drains. Even a single plastic bag or soda bottle could effectively block a control structure and keep water from flowing off-site. Installing debris guards on control structures can be an effective preventative method, as well as the periodic flushing of trash from street drains.

 

Midwest-scaled-lake-and-pond-management-maintenance-and-installation-meet-the-midwest-team

2. Secure Equipment

Many lakes and ponds have fish feedersfountainssubmersed aeration systems, and other electrically run equipment. Unless it is absolutely necessary (like a pump), it is important to shut off and even remove this equipment from the premises. This minimizes the chance of damage to the equipment during a storm, especially if there are any electrical fluctuations. Another option is to install an anemometer to your fountain control box, which will shut off fountain power if wind speeds rise to dangerous levels.

 

Submersed aerators

3. Introduce Aeration

A common phenomenon, both during and after a hurricane, is a fish kill. These events are often caused by the introduction of brackish (high salinity) water or an increase in turbidity (when large amounts of sediment are washed into a waterway). Many freshwater fish species near the coast can tolerate slight changes in water quality if they become acclimated to it, but rapid changes can lead to suffocation.

Fish kills can also be caused by stratification. This means the water is separated by distinct layers of temperatures and dissolved oxygen (DO) levels. The merging of these layers during hazardous storms can cause a fish kill – sometimes within a few hours or days. If it does occur during the storm, once it’s safe to do so it is important to remove as much of the dead fish as possible to prevent poor odors, decay, and the subsequent nutrient pollution that fuels nuisance plant and algae growth. But, if a fish kill has not yet occurred, it may be possible to reverse some of the negative impacts of the storm. Introducing a fountain or a submersed aeration system can help rebalance the water column by gradually circulating and increasing DO. Better yet, Oxygen Saturation Technology can be utilized to rapidly restore DO in the specific water layers that need it without creating thermal stratification.

 

stormwater inspection lake and pond management - john phelps DE - community hoa - 7

4. Meet with a Professional

One of the best proactive strategies is a professional stormwater inspection. During these inspections, aquatic management professionals can identify shoreline erosion, clogging or damage to concrete inlets and outlets, problematic invasive species infestations, and any other problems within the infrastructure that may lead to complications during high-water events. Sometimes this inspection can lead to recommendations such as flushing storm drains, repairing cracking hardscape, or clearing vegetation within the wetlands behind outflow structures to facilitate the flow of water from a pond.

 

Prep Your Stormwater Pond Ahead of the Next Hurricane

Hurricanes are stressful events, even without having to worry about stormwater ponds in your coastal community. Understanding the potential areas of concern and creating an action plan ahead of time can help alleviate this stress. A few precautionary measures will help prepare your freshwater systems and will help minimize the chance of flooding, infrastructure damage, and fish kills during this dangerous yet inevitable weather event.

Contact Us

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Professional Mailbox Installation and Repair Company Servicing all Florida Counties

Professional Mailbox Installation and Repair Company Servicing all Florida Counties

  • Posted: Aug 01, 2024
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ASAP Mailbox And More, Inc.

239-262-1165

Professional mailbox installation and repair company servicing all Florida counties

 

ASAP Mailbox and More, Inc. supplies and installs all types of residential curbside mailboxes and all styles of cluster box units ( CBU’s) We are a one-stop source for everything related to installing a new mailbox. From removal of the existing mailbox, to the installation of the new one in concrete, to the address numbering, we handle everything and provide our services in all Florida counties.


ASAP Mailbox And More, Inc.’s main facility is located in Cape Coral, Florida. From this main warehouse and fabrication location, we are able to sell and ship our mailboxes WITH INSTALLATION INCLUDED Nationwide in conjunction with our network of local dealers located in each county.

We take pride in living up to our name “ASAP” when it comes to handling mailbox installs and repairs for HOA’s, property managers and individual homeowners.

From providing complete Community mailbox and signage replacement to repairing a broken bracket for a homeowner, we always handle the project professionally and in a timely manner.

If you need a Mailbox installed please fill out the form below, when filling out the form, make sure to select “I Need A Mailbox Installed” in the select box.

If your need is urgent (mailbox installation, repairs or other needs), please call us at 877-272-7624.

     

View and contact our Members Directory Page on SFPMA.COM

 

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