The Property Management Show

Weathering the Storm: How to Recession-Proof A Property Management Business w/ Kim & Scott Hampton

Mar 30, 2023

30:49

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Episode notes

Introduction

3min

How the Great Recession Affects Your Business

5min

The Story of a Foreclosure

1min

The Difficult Decisions We Made in the Business

3min

The Importance of Team Morales in Foreclosure

3min

Mack's Perspective on the Economic Situation

3min

The Importance of Diversification in Real Estate

2min

How to Switch From Independent Contractors to Full Time Employees

2min

The Transition From Working in the Business to Working on the Business

5min

10.

How to Self-Manage Your Team

1min

11.

How to Plan for Growth in the Next Two Years

3min

The current economic climate is a double-edged sword for property management companies. On the one hand, we are seeing increasingly high demand for rental property as people look to downsize and move away from homeownership. On the other hand, with reduced job security and income levels, tenants may find themselves unable to pay rent or […]

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