Remove 2022 Remove Property Management Software Remove Rental Property Management
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. First, some property management companies will charge an initial setup fee.

article thumbnail

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.”