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New leadership in commercial real estate: Mary Lue Peck, BOMA

Yardi Breeze

Often, these are small businesses, and the ripple effect from property management is significant. A quick look back Interviewer : In his 2021 interview with us, Henry Chamberlain said professional property managers are going to be more in demand given tenants increased expectations for services.

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Is Renting Smarter Than Buying Your Home?

Real Property Management DC Metro

Various tenants find renting attractive on the grounds that it helps them sidestep the extra costs related to homeownership. Normally, tenants do not have to pay for maintenance and repairs, property taxes, or come up with a down payment to buy a house. appeared first on Real Property Management DC Metro.

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Is Renting Smarter Than Buying Your Home?

Real Property Management California Coast

Many tenants find renting attractive in as much as it helps them fend off the extra costs linked with homeownership. Usually, tenants do not have to pay for maintenance and repairs, property taxes, or come up with a down payment to buy a house. appeared first on Real Property Management California Coast.

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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%. In 2021, the average profitability was 11%, and the top performers were 32%. Many rental property managers may not realize they could strive for anywhere from 25% to 32% profitability.