Manage Your Property Management Costs Rising costs are a growing concern for landlords and property managers this year as inflation eats more of their profit margin. If you haven't managed the cost side of your balance sheet, then this short term pressure is actually a blessing. Now you'll finally be making efforts to streamline, reduce…
Spring Property Maintenance Checklist Spring of 2023 is not far off! Maintenance staff are readying themselves for their spring schedule of fixes and repairs to keep assets in top condition. Owners feel good when their properties look good, serve tenants well and their property values are protected. Spring is a special part of your complete…
Property Manager's Top Challenges 2023 As we enter 2023, landlords and property managers are awakening to the daylight of a new era of business. There's been many changes in the last few years and 2023 is bringing more. New surveys are finding a shift in the property management business landscape, and it's not just the…
Increase Profit Margins The purpose of any business including a property management business is to earn a good profit. It's the number one goal of property managers according to surveys and whether through efficiency, revenue increases or scaling up with new accounts, you'll find plenty of ways to make your business more profitable if you're…
Reduce Your Rental Property Income Taxes We're nearing the 2022 tax season and tax management strategy is the hot topic. For many landlords, it's a burden and you might need a little pep talk to get you into the right frame of mind. While finding ways to reduce your 2022/23 rental property tax pain will…
Reduce Churn and Turnover Costs Have you calculated how much revenue you've lost due to tenant churn over the years? Some landlords and property manages do have systems to report these losses, but how many are resolving losses from churn? In some states and cities, the issue of tenant turnover is a current matter. With…
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