Property Management Business

Industry veteran Jock McNeill discusses valuing property management companies, preparing for sales, and leveraging acquisitions for growth. Insights include factors affecting company worth, staffing strategies, and increasing valuation through cost control and revenue maximization. The podcast offers a roadmap for property management professionals aiming to expand their businesses.

Ethan Lieber, Founder of Latchel, discusses simplifying maintenance for property managers and adjusting pricing based on market trends. They explore tenant retention perks and the economics behind successful property management, emphasizing the importance of handling maintenance calls efficiently with Latchel's help.

Experienced property management expert Marc Cunningham tackles pressing listener questions, from self-running businesses to pricing strategies. He emphasizes the importance of policy manuals, maintenance handling, and security deposit disputes. Seeking to optimize services and enhance operational efficiency, Marc's insights offer valuable tips for property managers looking to elevate their business.

Explore the future of property management with insights from Andrew Smallwood, including innovations, regulations, and customer service. Learn about challenges in the industry, trends, transparency, and tenant rights. Discover strategies for improving resident experiences, reducing costs, and adapting to a changing rental market.

Explore the challenges of online marketing for property management businesses, including the importance of strategic marketing mindset. Learn about website design, video content, and insights into the 2024 property management landscape. Find out how to stand out and build trust in a changing advertising world.

Learn about the importance of establishing principles in property management. Discover the significance of being a client of Enterprise Bank and delve into the principles of property management. Focus on problem-solving in the industry and effectively communicate expectations. Understand the value of property management companies and the concept of a tiered pricing model. Emphasize the importance of offering a single price and provide resources to help property managers.

Special guest Steve Jarvis from CredHub discusses a program that reports tenants' rental payments to credit bureaus, boosting their credit scores and increasing property managers' collection rate. They also explore property management challenges, the importance of a collaborative relationship, and how comprehensive reporting can enhance tenant credit and reduce delinquency rates. Steve explains CredHub's mission and the impact of paying rent on time. Learn how to grow revenue while helping residents build credit with CredHub.

Exploring the legislative challenges and changing landscape of the property management industry, including tenant protection rights, emerging landlord collusion claims, and the increasing number of laws property managers have to navigate. The podcast also highlights the importance of integrity, cooperation between landlords and tenants, and providing quality housing and retirement income. Additionally, it offers practical recommendations for property managers on how to respond to these challenges and improve their presentation skills to close deals.

Learn about the essential clauses often overlooked in property management agreements, including owner reserves, lease renewals, and security deposits. Discover practical tips for building and protecting your property management business. Find out about a pest control service and the challenges and strategies for insurance claim work in property management.

Financial expert Charles Hawkins discusses the eligibility requirements for the Employee Retention Tax Credit (ERC) for property managers. They explore challenges faced during COVID-19, determining eligibility, using knowledgeable professionals, and the process of filing for the tax credit.