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Long-Term Maintenance Tips

Posted by Mitchell Vinnitsky

As property managers, we often think of maintenance requests as more of a reactive task. An owner or tenant calls to report something is damaged or broken, and we send someone out to take care of it. But this is actually only half of the equation. Keeping clients happy and vacancies at a minimum requires certain proactive and preventative measures. What does a long-term maintenance strategy like this look like? Let’s explore in greater detail below.

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Topics: Productivity, Technology, Property Management, Customer Service, Tips, Business Growth, Employee Satisfaction, Maintenance, HOA management, HOA management software, Benefits of association management software

Long-Term Maintenance Tips

Posted by Mitchell Vinnitsky

As property managers, we often think of maintenance requests as more of a reactive task. An owner or tenant calls to report something is damaged or broken, and we send someone out to take care of it. But this is actually only half of the equation. Keeping clients happy and vacancies at a minimum requires certain proactive and preventative measures. What does a long-term maintenance strategy like this look like? Let’s explore in greater detail below.

Read More

Topics: Technology, Property Management, Tips, Business Growth, Advice, Maintenance, Real Estate, HOA management

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

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, Tips, Business Growth, Organization, Automation, Profitability, Business

How to Sell Your Property Management Company

Posted by Mitchell Vinnitsky

Recently, we shared some insight on how to determine the value of your property management company. This is an important business task, particularly when it comes time to sell. Whether you’ve reached retirement age or you’re just looking to exit the industry and pursue other ventures, there are certain critical steps and scenarios to consider before sellling your business. Let’s take a look at a few of these things below.

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Topics: Technology, Property Management, Accounting, Business Growth, Training, Networking, Analytics, Profitability

How to Buy a Property Management Company

Posted by Mitchell Vinnitsky

There are a few different ways to get into the property management industry. You can start at an entry-level and work your way up. You can launch your own property management company from scratch. Or, you can purchase an existing property management company. If you’re interested in the latter, it’s important that you approach things with eyes wide open. Here are a few tips from our experts on how to get the best deal.

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Topics: Technology, Property Management, Tips, Business Growth, Advice, Sustainability, Organization, Real Estate, HOA management

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

5 Ways to Attract More Property Management Clients

Posted by Mitchell Vinnitsky

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: Technology, Property Management, Tips, Business Growth, Customer Satisfaction

3 Hidden Costs of Budget Property Management Software

Posted by Mitchell Vinnitsky

Keeping expenses as low as possible is the name of the game in most businesses, and property management is no exception. Sometimes, however, taking the cheaper way out can actually end up costing you more in the long run. This is frequently the case with property management software. Budget-friendly solutions may seem ideal on the surface, but they often come with a number of unexpected and unpleasant surprises. Here are just a few of the hidden costs to beware of.

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Topics: Productivity, Technology, Property Management, Customer Service, Tips, Business Growth, 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: Technology, Property Management, Tips, Business Growth, Engagement, Customer Satisfaction, Automation

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