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Category: Revenue

US Rental Occupancy Rate Trends

Where Are Occupancy Rates Going? Multifamily investors and property managers keep an eye on local multifamily building occupancy rates and national residential rental occupancy rates.  They may be of the opinion that the occupancy rate says more about a rental housing market, neighborhood or multifamily development than anything else. Occupancy rates are a key part…

A Better Tenant Service Strategy

The Path to Higher Profitability is Paved One area of business improvement that's hard to put profit numbers on is tenant service quality. It's typically ignored, yet tenant relations do foretell the path your tenants will take - complaining, incidents, impass, eviction, and finally, the courts. Unhappy, or not fully satisfied tenants don't renew leases.…

Online Marketing for Property Managers

Creating Your Future Revenue Streams It's been so good in 2017 and 2018. The best ever market for rental property owners. In 2019, it still looks promising with plenty of rental properties, unemployment reaching amazing new lows, and the economy performing well. It's rosy now, but there's plenty of threats you may have to contend…

Niche Renter Markets, PropTech, and Promotion

Get Creative to Fill Rental Vacancies Are you building your rental property empire?  Or are you hoping to lower your vacancies and grow your revenue? Great goals for property managers in 2019, however, are you opened minded enough to let solutions come to you? Very often it's being motivated and taking these matters more seriously…

Property Management Leads

How To Generate More Leads In 2019, you'll lose some doors and clients and hopefully replace them with some new perhaps better ones. And when you need new property management prospect leads where do you get them? You can augment your own word of mouth/local prospecting many ways online.  You can design your complete online…

Is a Rental Unit Redesign Money in the Bank?

Redesigning Your Rental Apartment for Higher Rent Yields Traditionally, property owners and property managers almost never refurbished, renovated or redesigned their units. Was the cost really too much, or were they just too lazy? The words renovation or redesign is all about the tenant it seems. So why should we spend so much money to…

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