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

Buildium

First: Leasing has become less profitable, with renters moving less often than they have in previous years. And second: Brokering property sales is also less profitable, with rental owners buying and selling fewer properties in the current market. 41% will expand the services they provide.

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8 Pro Tips to Refine Your Move-Out Process

Propertyware

By: Laurie Mega This is the fourth in a series of posts to help single-family property managers make their leasing processes more efficient, reduce costs, and increase profits. When you, your tenant, or your rental owner decide to terminate a lease, it sets in motion a move-out process with several stages.

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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Typically, landlords mandate tenants to maintain various forms of insurance coverage as a prerequisite or addendum to commercial lease agreements. Landlords and property managers need to familiarize themselves with the ins and outs of insurance policies and coverage details to verify tenants’ compliance with lease agreement terms.

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Property Management Outsourcing Services: Benefits and Cost

Second Nature

Outsourced property management refers to the practice of paying for a third-party company or product to handle certain tasks or operations for your property management company. Property management is, in itself, an outsourced service for real estate investors/property owners. Maintenance and repair.

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How to Value, Buy, or Sell a Property Management Company

Second Nature

McNeill explains how they evaluate this at PURE: “We evaluate pro forma financial statements and arrive at a percent profitability based on adjustments we can make by removing ‘seller benefits’ such as vehicle leases, personal expenses, etc.” Location The location of the company can affect its valuation in different ways.