How Has the Pandemic Fast Forwarded Property Management Services? Landlords and property management companies are on the front line of the Covid 19 pandemic and many are suffering financially and personally, while others are okay. Despite the pain many some apartment landlords have experienced, most in the industry have developed a newfound respect for their…

Increasing Owner Profit Margin One of your top priorities for the coming 12 months 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…

Decision: Whether to Hire a Property Management Firm You're likely deep into the decision process of whether to bring in a property management company to manage your workload, especially if you've been managing everything yourself. It's not that your current provider isn't managing the work okay, but with technology, regulation, more units, stronger market competition,…

Make Your Property Owners Feel Better Are your property owners complaining about your ability to manage more efficiently during the Corona Virus pandemic? Are they questioning your tenant retention and turnover reduction, rent collection skills, maintenance practices, or your fees? Perhaps their concern is with how their balance sheet looks and whether their properties have a…

Which Metrics do the Best Property Managers Focus on? The best property managers or landlords pay sharp attention to the profitability and health of their companies. And they know certain metrics generate more revenue, improve cash flow, and make owners happy. Keeping an eye on the financial and business health of your company won't be a pain…