I met an appraiser tonight at a party I attended, and asked her how business was. She said that her office is actually quite busy with a lot of REO (real estate owned) properties, which means that the properties are lender owner. With more and more owners defaulting on loans, the lenders will need some fantastic property management software to keep those properties managed. If the property isn’t cared for, and falls into disrepair, it’s going to be that much harder to sell it to a buyer. Anyone in charge of managing multiple properties should use software like Buildium. You can easily track maintenance issues, pay bills, generate work orders, and maintain accounting information for each property. A well maintained REO will sell much quicker than one falling apart!