Remove 2017 Remove Rental Property Management Remove Tenant
article thumbnail

Property Management Profitability: FAQs on Profit Margin

Second Nature

In 2017, the average profitability in the property management space was 6%, and the top 25% of performers profitability was 25%. Many rental property managers may not realize they could strive for anywhere from 25% to 32% profitability. What is your mission as it relates to your tenants/residents?

article thumbnail

Highlights from the First-Ever PM Nation Event

Propertyware

(Photo credit: Austin Wilder, South End Digital) Mike’s outlook for the industry was both clear and optimistic, a sentiment shared by those gathered in the room and the wider community of property managers we surveyed. Much of that growth will come from residential rentals, an area that investors see tremendous potential in.