Efficiency isn't just a buzzword in multifamily property management; it's the difference between thriving communities and those struggling to keep up with resident expectations.
Yet, I see hidden time wasters often drain productivity and inflate costs. By tackling these tasks head-on with tech-driven solutions, multifamily communities can streamline processes, reduce stress and keep residents smiling.
The Scope Of The Problem
Property managers wear many hats—sometimes too many. According to iPropertyManagement, 80% of property managers juggle maintenance/repairs, rent collections and more, while over 70% handle inspections, advertising vacancies and leasing. Those tasks can keep them from focusing on what really matters: exceeding the expectations of current and prospective residents.