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Get ready for an event like no other! Whether you’re a seasoned alumnus or a first-time attendee, the 2024 MX Summit, happening September 18-20, is packed with dynamic sessions, unparalleled networking opportunities, cutting-edge maintenance strategies, and inspiring keynote speakers that you can’t miss. For four consecutive years, the MX Summit has been the go-to conference […]
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Investing in rental properties can be a lucrative venture, but determining the value of a rental property is crucial for making informed decisions. Understanding how to calculate this value helps...
Hiring a property management company can be a game-changer for landlords and real estate investors. These professionals handle the day-to-day operations, ensuring that everything runs smoothly and efficiently. But how...
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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....
In the realm of property management, the importance of Maintenance Key Performance Indicators (KPIs) cannot be overstated. These metrics serve as invaluable tools for gauging success and pinpointing areas for...
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...
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...
Property maintenance is one of the biggest headaches for property management companies. This is because maintenance can be unpredictable because you’re not always aware when issues are going to arise....
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,...
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...
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...
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...
When engaging property managers, the common refrain is waiting until summer to enact process changes. But why delay addressing your company’s operational challenges and gaining control over your maintenance process...
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....
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 management...
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....
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...
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...
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,”...
There are two main ways to lower turnover costs: The first is lowering your turnover rate and decreasing the number of turns you must complete. The fewer turnovers you have,...
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...
