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Adapting in Property Management: From Building Trust to Leading Through Economic Downturns

NARPM Radio

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Navigating Property Management Challenges

This chapter addresses the pressing challenges faced by property managers including rising costs, particularly in insurance and property taxes, which threaten cash flow. It advocates for a holistic view of real estate investments, emphasizing long-term wealth building over immediate cash flow concerns. Additionally, the chapter discusses the impact of recent legal changes on realtor practices and the evolving skillset needed for successful property management.

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