While securing a master policy is crucial, a truly holistic approach to insurance management also addresses the challenges of renters insurance compliance and verification. Traditionally, managing individual renters' policies has been a time-consuming and administratively burdensome task for property teams. Entrata offers innovative solutions to streamline these processes and enhance efficiency. By integrating renters insurance directly into the leasing process, residents can easily secure coverage with a single click, eliminating friction and ensuring compliance from day one.
The landscape of credit reporting is evolving, and it's time for property managers to embrace a powerful tool that benefits both residents and their bottom line. With Assembly Bill No. 2747, California is leading the way in empowering renters to build credit through their rent payments. Embrace the power of Rent Reporting with Entrata and transform it into a mutually beneficial situation for your residents and your business.
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In a recent Entrata webinar, Jason Taylor, Entrata's Chief Technology Officer, and Travis Lemicki, VP of Engineering, explore the critical role of data in AI and how it's being harnessed to enhance the resident experience and streamline operations within the Entrata platform.
Celebrate the best in multifamily! Learn how the 2024 Golden Door Award winners leverage Entrata to achieve operational excellence and create exceptional resident experiences.
In property management, efficient procurement is crucial. Having everything your site staff, maintenance teams, and residents need on hand is imperative. But managing these purchases can be a complex and time-consuming process. That's where an optimized procure-to-pay (P2P) system comes in. Let's break down how to improve efficiency and save costs at every step, using the example of purchasing bathroom sinks for your entire portfolio.
The convenience of online rent payments and applications comes with a significant downside: increased risk of fraud. Fraudulent applications can severely impact your business’ bottom line, leading to delinquent rent payments, costly evictions, frustrated residents, and damage to your property's reputation. It's estimated that evictions due to late payments cost an average of $7,500 each, and with millions of evictions occurring annually in the US, the financial burden is immense.
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The multifamily industry is constantly evolving, and 2025 is shaping up to be a year of significant change. To get ahead of the curve, we sat down with 20 industry leaders at the Entrata Summit to discuss the biggest challenges facing property management. From AI to labor shortages, these experts shared their insights and strategies for success.
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