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Employee Spotlight – David Rosenfeld, Senior Leasing Agent

Bay Property Management Group

Meet David Rosenfeld, Senior Leasing Agent In David’s role as a senior leasing agent, he finds qualified renters to place in properties throughout Baltimore City and County. He begins this undertaking by showing tenants the properties and reaching out to potential renters. ” What is the best book you have ever read? .”

Lease 130
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Highlights from the First-Ever PM Nation Event

Propertyware

More than 350 attendees—including property managers, investors, HOA leaders, and sponsors from 46 states and internationally—converged in Boston to network face-to-face, get filled in on the latest industry research, and sharpen their strategies for succeeding in 2022. Stay tuned in 2022 for details on what’s coming up next.

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

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7 Must-Know Trends in Single-Family Rentals for 2024

Propertyware

In 2024, the demand for single-family rentals should persist, as the industry report notes, “As households grow slightly larger—and as couples and families continue to be priced out of the housing market—we expect to see demand remain strong for single-family rentals.” Having a great screening process is invaluable.