Recession Proof your Property Management Business

Fend off an Economic Downturn Quite a few property management people feel rental property ownership and management is a recession proof business. That's a key attraction for property management startups. Rents tend not to fall much, cash flow is consistent, demand remains strong, housing supply is constrained by the governments (NIMBYs too), and there's tax…

  • How To Cheer Up Your Tenants

    Cheer Up Your Tenants This Summer The 2022 summer season is not far off now.  Quite a few landlords and tenants have been through "H E double hockey sticks" and are in need of some mood-lifting fun, socialization, and adventure. These beautiful, warm months only happen once a year.  What's more appropriate than using some…

  • How to Get Tenants to Renew Leases

    April 05, 2022

    Easy Lease Renewals Rental property industry surveys have shown that attracting and retaining high quality renters is gaining top priority among landlords and property managers. Tenant churn likely to increase now that the pandemic is easing and due to fast rising rents. Unaffordability alone will result in many of them giving up their apartments, condos…

  • 10 Surefire Ways to Grow Your Rental Income Property Revenue

    December 09, 2021

    Improve Rental Property Income This coming year should provide many grand opportunities for investors, but the best may be in the rental property market. To serve the sector, many new startup property management companies are being spawned. These new businesses might be growing under the premise that landlords are overwhelmed with the work of managing…

  • Tenant Retention Strategy | 10 Simple Things You Can Do

    September 21, 2021

    Better Tenant Retention and Lower Churn As the pandemic slowly disappears, moratoriums end, and employment resumes, landlords and apartment managers are seeing higher vacancy rates. Vacancy is impossible to avoid given renters tend to be a transient population. Add on on economic cycles, rising rent prices, and normal life changes, and turnover adds up. It…

  • Property Management Tips - How to Improve Results

    January 13, 2021

    "How to" Property Management Tips The business of rental property management is evolving. You'll need education and insight from many sources.  We'd like to think you'll enjoy our series of posts with plenty of valuable tips for landlords and property managers. And when we talk about property management, we are really talking about profit management.…

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