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Behind the Scenes with a PM Innovator: Essential Strategies for Property Management Success

NARPM Radio

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Are You Charged a Lease Renewal Fee?

I recommend everybody be on EOS where you're keeping track of it every single month anyway. So, I'm a big fan of trust but verify it right so you do all this and you trust that it's all going to happen... And then you verify by running report each week at the end of the month to make sure like everybody had the lease renewal actually got charged. The lease renewal fee. Now what happens if your team doesn't believe in a fee? Like, oh, we should never charge a resident, a lease real fee we're already charging the owner or lease renewal fee to your double dipping. It might be a cultural thing where people in different countries just follow the process

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