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

NARPM Radio

CHAPTER

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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