Property Management Growth with DoorGrow cover image

Property Management Growth with DoorGrow

DGS 218: Doubling Profit Per Door with a Resident Benefits Package with Andrew Smallwood

Oct 6, 2023
Andrew Smallwood from Second Nature discusses the benefits of implementing a resident benefits package in property management to increase profit per door. Topics include customizing the package, protecting investors, pitfalls of DIYing, and increasing profitability. Stay focused on the main aspects of your business and leverage resident benefits packages to differentiate your property and enhance brand value.
47:36

Podcast summary created with Snipd AI

Quick takeaways

  • Implementing a resident benefits package can increase revenue and double profit per door.
  • A resident benefits package can enhance resident value, improve tenant retention, and reduce vacancy costs.

Deep dives

Benefits of a Resident Benefits Package

Implementing a resident benefits package can have several advantages for property management entrepreneurs. By offering additional services and value to residents, property managers can increase revenue and double their profit per door. These packages provide a suite of products and services that enhance the resident experience and create an additional source of income for property managers.

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