Maximizing Profitability in Property Management with Jordan Muela
NARPM Radio
00:00
How to Increase Profit in a PM Firm
The best way for a PM firm to stay become or increase their profitability. Getting familiar with industry standards and norms is the most important first step, he says. The next thing to tackle is around your cost structure and making sure that you're employing the highest quality, most capable labor at the most competitive price. "Churn is a really big driver of long term customer lifetime values"
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