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How Property Management Companies Add Value

October 01, 2021

Property Managers: Your Next Best Business Asset

If you’re a small to medium-sized rental property owners, you might believe you can manage your portfolio well using ManageCasa.  After making good property selections, obtaining smart financing, and then charging profitably rent prices, you’ve got all you need.

For many landlords, this is obviously accurate.  You can manage quite a number of properties on your own. However, when portfolios begin to scale up, the DIY process begins to struggle. As issues begin to escalate, they’re wondering what their next move should be.

The Next Step for Your Property Business

The next step would be to search for and hire a property management company.  These professionals may have the staffing and systems to manage the complexity and increase the value and yields of your property assets.  Of course, they must be using next generation property management technology.  There’s no avoiding that.

See 22 Good Reasons to hire a property management company.

Property managers who utilize ManageCasa are positioned to handle anything — because good software is the foundation of any modern property management firm.  Efficiency, communications, and profitability are the focus of ManageCasa.

Adding Value is Harder to Do Now

If you’ve got limited time, don’t like managing, live a distance from your properties, have lots of properties, and don’t want all the tasks involved with being an employer, then outsourcing to a good property management company is a wise choice.

“From common area amenities to individual unit maintenance needs, a quality property manager will keep a community in prime condition, maximizing its value…This, in turn, will bring higher rent potential for increased profit during ownership and a larger return once the investor is ready to sell.” — Debbie D. Willis of Phoenix-based P.B. Bell in a post in GlobeSt.

Services, Amenities, and Expectations

Okay, so maybe it isn’t so new to many, that property managers optimize property performance (see KPIs), keep tenants loyal, and create sustained rental income. What many don’t realize is the property rental industry is changing. In the pursuit of high yields and competitive properties, it’s getting more technical and complex, and still serving a variety of real human tenants. And then there’s the amenities.


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It could be the easy money is gone, and the last source of good profit is via property managers. In fact, property management companies are likely the only route you have to capitalize on the lucrative multifamily market. When you grow your portfolio, the challenges multiply. That’s why a lot of landlords look to professional property managers to help them today.

A Potent Value Proposition

As we mentioned in previous posts, property management companies excel at assessing how to manage a property, finding the best trained and quality staff, and they can attract and screen the best quality tenants.

The 22 benefits listed below reveals a potent value proposition for landlords and investors.  As a result we’re seeing a boom in property management firms and supporting technology called Proptech. They’re delivering much needed services.

The value of property management companies is vastly underrated, as is the role of Proptech, such as property management software in operational efficiency. Making it all go smoothly is what makes it even possible. Tackling more properties without an intelligent blueprint could be disastrous financially. The PM’s advice could be very helpful.

Upscale Properties is Where the Market is Now

As Debbie D. Willis of Phoenix-based P.B. Bell, an award winning full service property management firm says, it’s the burgeoning luxury property sector where there are more services, amenities, higher expectations and performance demands — and higher ROI.

Upscale residents expect the very best in property management services. And growing millennial renters with fast rising wages too, are demanding in terms of Proptech, do-it-yourself, smart apartments, and smartphone friendly renter tools. What renters want today goes beyond property management apps though, to key lifestyle amenities.

22 Reasons Why Property Management Companies Help

The value PM Companies offer is an impressive and convincing selection:

  1. keep everything under control, producing ROI sustainably
  2. take the load and stress off of you and return your free time
  3. maximizing rent yields via tenant management and analytics
  4. attracting better tenants and managing onboarding well
  5. mitigating the loss of long vacancies
  6. having a better idea of what tenants want
  7. writing and handling leases correctly
  8. meeting regulator guidelines, laws and compliance
  9. knowledge of local tenant/landlord laws
  10. managing property budgets and business records responsibly
  11. managing accounting and tax reduction well
  12. managing the complexity of advanced services and amenities
  13. keeping building operations running smooth
  14. responsive service to tenants
  15. professional communication among all relevant parties
  16. better building and apartment maintenance/repair protects expensive assets
  17. keeping property accident free and looking excellent
  18. efficient collection of rent
  19. evicting non-paying and bad tenants
  20. managing in-house or contracted service contractors well
  21. maximizing revenue and minimizing costs
  22. help advising on your future property investment from their point of view

The Best Property Management Companies

If you’re a landlord or property investor growing your portfolio fast, the services of good local property management companies can cut a lot of the worry and risk. Sure there’s a cost, yet with your property management software reporting tools, you can weigh the cost vs profit benefits yourself.

Good software can keep you and your property management company on the ball and aware of oncoming threats and issues. It can improve your tenant relations and keep your ship on course.

Find the best property management company in your region but do ensure they’re using the best software.


In need of a property management firm near you? Get your sourcing started with a property management company in Los Angeles,  property management company in Chicago , property management company in Phoenix Glendale, property management company in Honoluluproperty management company in Denver, property management company in Miami, and Property management company in Boston.


See also: Rental Management Software | Best Property Management Software | Housing Market  | California Housing Market | Toronto Housing Market | Toronto Condo Prices | Hawaii Housing MarketAustralia Housing Market | UK Rental Market | San Jose Housing Market | San Francisco Housing Market | Oakland Housing Market 2020 | San Francisco Bay Area Rental Market | Florida Housing Market | Apartments for Rent |  California Property ManagementCloud Property Management Software | ManageCasa Rental Property Software

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