11min chapter

The Property Management Show cover image

How Property Managers Can Deal with Rising Costs and Labor Shortages in Maintenance with Ray Hespen – Part 2

The Property Management Show

CHAPTER

Challenges in Property Maintenance and Vendor Collaboration

This chapter explores the difficulties property managers face with escalating costs and workforce shortages in maintenance, emphasizing the need to balance expenses with revenue through strategic renewal planning and off-peak maintenance scheduling. It delves into trends in the tradespeople industry, emphasizing the importance of fostering strong relationships with vendors through simplified communication and consistent work opportunities to ensure operational efficiency and vendor retention.

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