Contact Us

appfolio

How to Offboard a Portfolio Property Using Property Management Software

by
Image of an apartment complex being transported on a flatbed truck down a highway at high speed

Key Takeaways: Offboarding a portfolio property involves removing the asset from active management while maintaining key data for historical and operational purposes. The offboarding function is most commonly used when a property is sold or transferred to a different management company. Offboarding and tenant move-out processes serve distinct purposes in property management software, and sponsors … Read more

Key Considerations When Moving from General Accounting Software to Property Accounting Software

by
An accountant choosing between two options.

Key Takeaways Transitioning from general accounting software to property accounting software often becomes necessary when the property portfolio reaches a critical mass. Onboarding to a property accounting software system comes with hidden complexity that can leave sponsors understaffed if not planned for in advance. Prior to kicking off the implementation process, it is important to … Read more