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  1. #1

    Default New Management business- Growth Suggestions?

    Hello everyone,

    After managing my owns rentals for some years, I recently decided to start a management company, Ease Property Management - Leasewitheasepm.com and we are based out out Utah. I currently have 22 units to manage for clients, and my goal is to grow that to around 75-100 in the next year or two. I have seen some good success with a dialed in google adwords campaign, but I am wondering what else has worked for you to grow your business.

    Any feedback is much appreciated!

    Landon

  2. #2
    Join Date
    Nov 2008
    Location
    Karratha WA
    Posts
    1,444

    Default

    From experience I can say that staff selection is the biggest factor. It might take a year or two to show up a bad one, so keep your finger on the pulse with arrears reports, rent review reports, lease renewal reports and vacancy reports. If you manage your managers well, the properties will come.
    Depending on how big your focus area is, signage and attending as many local meetings and events works well.

  3. #3

    Default

    All the best for your new initiative. I am also a property investor in Illinois.

  4. #4

    Default

    As an Experienced Rental Property Management company agent, I suggest, one of the key responsibilities is to manage tenants and ensure that rents are received on time. Other important responsibilities include property maintenance and arranging emergency repairs. You definitely know about tax laws and local property rules. The ability to manage budgets and keeping excellent business records are an important part of being a successful property manager.

  5. #5

    Default

    Quote Originally Posted by Melissa DeFore View Post
    As an Experienced Rental Property Management company agent, I suggest, one of the key responsibilities is to manage tenants and ensure that rents are received on time. Other important responsibilities include property maintenance and arranging emergency repairs. You definitely know about tax laws and local property rules. The ability to manage budgets and keeping excellent business records are an important part of being a successful property manager.

    Thanks for advice. It's really important for everyone

  6. #6

    Default

    Hi,
    Here are some tips for which will be helpful in the growth of property management business:-
    Productized Rental Reports
    Lead Nurturing
    Calling for Rent by Owner
    Create a solid marketing plan
    Join Local Organizations
    Thanks!!


 

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