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How to Value Your Property Management Company

Posted by Mitchell Vinnitsky

With the economy finally recovering, now is a great time to sit down and figure out what your property management business is worth. Whether you plan on selling or not, it’s always good to have a clear, accurate and up-to-date picture of your company’s value. If you’ve never done a business valuation, this task can seem overwhelming. Here’s a step-by-step guide that should make the process a lot less cumbersome.

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Topics: Technology, Property Management, Business Growth, HOA, Customer Satisfaction, Automation, HOA management software

5 Ways to Optimize Your Time as a Property Manager

Posted by Mitchell Vinnitsky

Success in property management boils down to maximizing efficiency. This becomes increasingly challenging for those who invest in real estate part time. How can you make sure all of the properties you own and/or manage are kept in tip-top shape when you’re also working another job? Believe it or not, it’s easier than you think. Here are five proven strategies that will help you make the most out of your time so you can get the biggest return on your investment.

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Topics: Technology, Property Management, Training, HOA, Organization, HOA management

3 Common Lease Violations and How to Deal with Them

Posted by Mitchell Vinnitsky

Having a solid lease agreement is one of the fundamentals of property management. This document provides specific guidelines and serves as a binding contract that you can use to enforce the rules of your property. Unfortunately, as most seasoned landlords will tell you, even the best-screened tenants sometimes try to bend the rules. Here are three of the most common lease violations and how to best handle them.

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Topics: Productivity, Property Management, Tips, Business Growth, HOA, Organization, HOA management

Crafting the Perfect HOA Welcome Packet

Posted by Mitchell Vinnitsky

Moving into a new neighborhood can be stressful enough without having to also worry about community rules and logistics, like parking and trash schedules. As an HOA manager, you can alleviate a little of this chaos by providing new residents with a comprehensive welcome packet that they can review once they’ve settled in. This can help you set expectations early and create a positive experience right from the start. What should this packet include? Here’s what we recommend.

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Topics: Technology, Property Management, Business Growth, HOA, Customer Satisfaction, Organization, Automation, HOA management

5 Ways to Attract More Property Management Clients

Posted by Jennifer McCready

Property management is a competitive industry. If you want to position yourself as a leader in the market, you have to stand out from the crowd. You also have to be proactive, and sometimes even creative in how you reach and nurture leads. Ready to grow your book of business? Here are five tips from our property management experts.

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Topics: Productivity, Technology, Property Management, Tips, Communication, HOA, Networking

3 Ways to Optimize Your Property Management Leadership

Posted by Mitchell Vinnitsky

There is very little that hasn’t changed over the past year and a half, thanks in large part to the pandemic. As a result, there has never been a greater need for strong, human-focused leadership. Within the property management industry, leaders must find better ways to prioritize communication while supplying their teams with the tools and technology they need to perform at their best. If you are in a position of leadership, here are three ways to better achieve your goals.

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Topics: Productivity, Property Management, HOA, Customer Satisfaction, Organization, HOA management

4 Simple Tips to Grow Your Property Management Business

Posted by Mitchell Vinnitsky

High on the list of priorities for most property management companies is ongoing growth. Whether it’s adding new properties to your portfolio or expanding into other types of properties, growing your business takes time, patience and perseverance. In the beginning, achieving growth can seem like an impossible goal. The good news is, it’s not. Better yet, it’s not even as difficult as you may think. Let’s take a look at four simple yet highly effective growth strategies below.

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Topics: Productivity, Property Management, Communication, HOA, HOA management

Crafting the Perfect HOA Welcome Packet

Posted by Mitchell Vinnitsky

Moving into a new neighborhood can be stressful enough without having to also worry about community rules and logistics, like parking and trash schedules. As an HOA manager, you can alleviate a little of this chaos by providing new residents with a comprehensive welcome packet that they can review once they’ve settled in. This can help you set expectations early and create a positive experience right from the start. What should this packet include? Here’s what we recommend.

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Topics: Technology, Property Management, HOA, Automation, HOA management

5 Common HOA Rules and How to Enforce Them

Posted by Mitchell Vinnitsky

If you’re new to HOA management, you may not be familiar with the most common rules these communities typically implement. HOA rules are an important part of keeping the peace amongst members and maintaining a uniform aesthetic property appearance. To follow are five areas where HOA managers tend to focus their governing efforts and how you can optimize them within your community.

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Topics: Technology, Property Management, Customer Service, Engagement, Advice, HOA

5 Simple Tips for Tracking and Managing HOA Violations

Posted by Mitchell Vinnitsky

Dealing with violations is an essential part of HOA management, and depending on the size of the community, it can be quite a tedious task. This is especially the case if you’re recording and updating violations manually. Developing a system and utilizing the tools and technology available today can simplify the entire process and make this necessary task much more manageable. Here are a few tips to get you started.

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Topics: Technology, Property Management, HOA, Profitability

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