Category: Revenue

Tenants Looking Forward to More Socializing As the Corona Virus pandemic decreases and restrictions begin to ease, more people are looking to the outdoors and shared outdoor amenities for get togethers. Kids playgrounds, tennis courts, basketball courts, barbecue party areas, swimming pools, garden areas, are all seeing more usage, whether in Florida, or California up…

Rental Market for Realtors The post pandemic era might be a good business opportunity for Realtors. In fact, right now you may be representing rental property owners. More than a few Realtors decide to become property managers too, fulfilling tenant acquisition, background checks and screening, interviewing, showing and processing applications, and taking a lot of…

The Work From Home Revolution is Here As each Covid 19 pandemic surge hits across countries this fall and winter, business shutdowns continue. Shutdowns are forcing companies to transition employees out of pricey corporate offices to a work from home arrangement. As you'll read below, the benefits are surprisingly high and most workers are appreciating…

Redesigning Your Rental Apartment for Higher Rent Yields Traditionally, property owners and property managers almost never refurbished, painted, renovated or redesigned their units. They didn't do a formal cost/benefit analysis and concluded renos are never worth it. The words renovation or redesign is all about tenants.  The home is what they're paying for and they'll pay regularly…

Raise Rental Property Profitability Just as in gardening, it's sometimes wise for property management service firms to trim and prune their array of services to keep their business more healthy. And as well, managers should improve efficiency, develop new services and sources of revenue, to evolve and become more profitable. Your business and clientele are…

Increasing Owner Profit Margin One of your top priorities for 2021 might be to learn how to improve your client's profit margins. That's because small improvements in the revenue/cost ratio magnify earnings for property owners. And for owners it's all about earnings. But where to grow revenue and where to cut costs is the question…