This is a great follow-up to the previous Blog post. In the previous post we wanted to know if the property manager owned properties like ours. In this Blog post, we really want to know if they manage properties like yours. Here is a good example. Let’s say you have a B property, in a B neighborhood, with bread-and-butter blue-collar tenants. That’s great. This is usually a property type that has a pretty good solid tenant base and usually has a […]
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We have already talked about some of the trending technologies in the blog post regarding cell phones and all the cool apps available to track and manage properties. I want to push the discussion a little bit further in this section to discuss some of the online technologies available to property managers. There is a host of property management software that could be used on the Internet to set up accounts, track maintenance requests, store tenant profiles, and act as a […]
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What kind of references can your property manager give you? Do they have a list of referrals and recommendations that they can present to you upon request? Property management is a customer service business towards both landlords and residents and your prospect should have a lot of happy customers on both sides. Due Diligence on Your Manager A property manager should absolutely be able to give you a list of at least 3 or 4 tenants that would have nice […]
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Millennials between the age of 18 and 33 get a bum wrap in today’s society as being self-entitled brats who think the world owes them something. Well, hold the phone, I have to step up to the plate on their behalf and let you know why I think our society may be in pretty good hands with our future generation driving the bus down the road. To set the record straight here. Let’s face it. I am not a Millennial, in fact I’m far […]
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I am a landlord and property manager. I fill my day with, resident screening, renovations, repairs, maintenance calls, lease-ups and make-ready for apartments. I love what I do and I’d like to think I’m pretty good at it. Recently, I was taught a valuable lesson about my business while going out to take a lunch break. In my rental market there are all types of restaurants, fast food stops, Chinese buffets, and places to grab a hearty lunch on the […]
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Asking the right questions to build trust and rapport helps in closing the sale. No man is an island and no successful businessperson ever made it big without the help of others. There are so many people needed to build a successful business today. We need business advisors, mentors, coaches, lawyers, accountants, managers, assistants and a whole hosts of other specialty skill sets to make the wheels of progress turn. That is just on the business side of making operations […]
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Do You Really Need A Brand? Consider what it would take to set your Real Estate Business (or any other business) unique customer experience apart from your competitors. As it is so true in many other industries, it is critical to establish your brand and capture your market share to define what it is that sets you apart. We all have our favorites brands. Our favorite places to shop, our favorite type of car or transportation, our favorite clothes to wear, our favorite wine […]
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