Contributors
4 Reasons Why You Should Use Customized Management Agreements
For the first 10 years of my property management career, I used our state association management documents, and I’m glad I did. They were written by a real estate lawyer and looked over by the forms committee for the association (the brightest and best of the sales industry, in my opinion). These documents taught me…
Read MoreRevenue Per Unit – Don’t Leave Money on the Table
One of the most powerful levers for improving profitability in any property management business is maximizing your Revenue Per Unit (RPU). The average revenue per occupied unit is $171 for the industry. However, for the top 25% of companies, their average revenue per occupied unit is $238. The reality is that many companies leave a…
Read More