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How COVID-19 (Coronavirus) Is Impacting the Real Estate Market

Property owners know how red-hot the housing market was in this country in 2019 and even into the first few months of 2020. But then came the COVID-19 outbreak, causing disruption in the economy, closed businesses and soaring unemployment.   It is no surprise that the coronavirus called COVID-19 is impacting the housing market. Few sellers are listing homes, and…

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Seamless Access Control In A Multifamily Multi-Door Community

Multifamily buildings have a lot of locked doors. There’s a door to enter the building, doors to the apartments and many more in between. There’s a door for the exercise room, the laundry room, the storage room, the community patio level, the pool, and more. And there are a variety of people who need access to some or all of…

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Drips • Damages • Dollars

Property managers have the monumental challenge of caring for hundreds or even thousands of properties, some occupied and some not. Vacant properties are especially challenging for the very reason that nobody is around to raise a flag when problems arise. And one of the worst things that can happen in a vacant property is a water leak since it can…

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How to Prepare Your Home for Travel With Smart Technology

No matter how secure your neighborhood feels, leaving your home alone while you’re traveling may come with a touch of anxiety. After all, the most recent FBI statistics on property crime reveal the following: More than 7 million property crime offenses happened in the United States in 2018. The rate of property crime was almost 2,200 per 100,000 inhabitants in…

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Occupancy Rate for Vacation Rentals: What Is It and How Do You Calculate It?

Occupancy rate is a key performance indicator (KPI) for the hotel and vacation rental property industries. Property managers use this indicator to measure the health and performance of their businesses.  Calculating your occupancy rate for a given period of time is as simple as dividing the number of units available by the number of units occupied. However, there’s a little…

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California IoT Law and Regulating the Internet of Things

As the world has come to rely increasingly on technology, everything has shifted to reflect that focus, including criminal activity. Hardly a month goes by without news of a new hacking incident in which criminals accessed the private information of consumers. This is particularly an issue given the vast numbers of interrelated computing devices on the market today. California is…

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