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Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

In 2024, we can see that more companies reported equivalent or greater revenue growth than they did in any year between 2017 and 2022. Plus, the right property management software could potentially decrease companies overhead by requiring fewer full-time employees. 41% will expand the services they provide.

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How bonus depreciation can save your property management company money

Buildium

How to Calculate Bonus Depreciation As outlined in the 2017 Tax and Jobs Act , eligible property could origninall be deducted at 100% of the cost. Tools may already be at your disposal if youre using property management software for the rest of your operations. The best part?

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Property management trends: What to prepare for in 2025

Condo Control

84% of property management companies report that their revenue increased over the last two years. This represents slightly less growth than what was reported in 2023, but companies are still growing at a pace that exceeds growth recorded between 2017 and 2021. Listen to concerns and answer questions.

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Top 8 Vacation Rental Groups for Hosts

Rentals United

Recommended for: New short-term rental hosts Learning more about Airbnb Insights from peers and industry experts Founded in: 2017 Members : 12k 5. Recommended for : Hosts interested in learning more about Airbnb, HomeAway and Vrbo Discovering ideas and best practices for business growth Problem-solving Founded in : 2017 Members : 51,126 7.

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Property Management Profitability: FAQs on Profit Margin

Second Nature

We've worked with hundreds of residential property management companies and seen a wide variety of profitability levels, Daniel says. In 2017, the average profitability in the property management space was 6%, and the top 25% of performers profitability was 25%. Are you spending too much on overhead?

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Key Takeaways from the AdvanceCM Launch Webinar

Tokeet

Key Takeaways from the AdvanceCM Launch Webinar At Tokeet, we are excited to introduce AdvanceCM , the first AI-native property management software designed specifically for multi-rental businesses.