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property owner retention

Property owner retention, also known as investor retention, is fundamental to the financial success of any property management company. Why? Studies show that when an investor stays longer, your wallet thickens. For perspective, increasing an investor’s lifetime value (LTV) from 3 years to 5 years can boost profits by up to $840,000 annually. And according […]

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According to industry data, 76% of institutional investors expect their property management companies to utilize technology in their operations. Implementing a robust tech stack is no longer the exception but...

In property management, knowing how to measure resident satisfaction is paramount for fostering long-term resident relationships and maximizing investor returns. Property managers are tasked with juggling numerous responsibilities, from maintenance...

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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,...

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...

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...

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...

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...

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 or...

Monitoring your property maintenance data is essential for optimizing your maintenance process. Without proper oversight and performance standards, property management companies may misallocate resources, hindering operational efficiency. Here’s why monitoring...

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. Property maintenance...

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...

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...

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 or goals...

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...

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 many...

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...

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...

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...

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...

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 efficiency...