NARPM Radio
Revolutionizing Property Management: A Tech Odyssey
Dec 6, 2023
Join Pete Neubig as he welcomes Joe Easton, Senior Channel Partner Manager at Rent Manager on a journey through the maturation of property management software. They discuss the evolution of property management software, the role of AI in property management, and the importance of embracing technology in the industry. They also share advice for those starting out in property management and have a lively discussion about comic book characters and pets.
42:30
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Quick takeaways
- Creating a forecast and budget helps property managers track progress, make informed decisions, and adjust strategies.
- Automation and integration in property management software improve efficiency, profitability, and enhance communication with residents and owners.
Deep dives
Importance of creating a forecast and budget for property management business
It is crucial for property managers to create a forecast and budget for their business. By forecasting their income and growth, property managers can plan marketing investments, additional fees, and other lines of business. This allows them to determine expenses, including hiring, marketing investments, conferences, and training. Having a forecast and budget helps property managers track their progress, make informed decisions, and adjust their strategies to meet their goals.
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