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NARPM Radio

Pro Tips: Maintenance, Systems, and Lease Renewals in Property Management

Jun 5, 2024
Learn about efficient maintenance management, prioritizing tasks, and executing lease renewals in property management. Discover strategies for vendor management, setting benchmarks for maintenance teams, and optimizing operations with various services.
35:57

Podcast summary created with Snipd AI

Quick takeaways

  • Effective communication and thorough troubleshooting streamline maintenance operations.
  • Systematic documentation enhances operational clarity, reduces errors, and maximizes revenue.

Deep dives

Billy from Colorado Realty on Maintenance Procedures

Billy from Colorado Realty explains their meticulous approach to vetting vendors and setting clear expectations through detailed vendor agreements. They require before and after photos, prompt invoicing within 24 hours, and adhere to a net 30 payment cycle. In cases of urgent needs, they actively search for new vendors to ensure competitive pricing and fast estimates, prioritizing effective communication and streamlined processes.

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