Property management tips for landlords
Time, it's the most valuable resource any of us have and in the property management industry, the most important property management tips focus on ways you can save time and speed up the services you are providing your tenants.last updated Thursday, March 14, 2024
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| John Burson | Subscribe |
CONTENTS
Time. It's the most valuable resource any of us have. The most crucial tips in the property management industry focus on saving time and speeding up the services you are providing your tenants. The following are some property management tips that can help you save time, increase revenue, and create a better customer experience for your tenants:
Make contact lists
Make contacts list and integrate them into your operations. Connect your social media accounts to your customer files, making it easier for you to track tenant requests and follow everything from service records to maintenance issues.
Connect your staff
Instead of bringing everyone together for sit-down meetings, set up services such as Skype or GoToMeeting where you can bring everyone together at the touch of a button.
Use technology to delegate
You may be the boss, but that doesn't mean you must do everything. By integrating your social media, internal tracking, and cloud-based systems, you can easily assign responsibilities and ensure that everyone who needs to be in the loop knows precisely what's going on.
Include your tenants in the process
Make it simple for them to review the records pertaining to them and track the service requests they've put in. This will not only alleviate frustrations but will also empower them along the way. This leads to greater satisfaction and higher tenant retention rates. That, in turn, translates into decreased turnover and higher profits for the property management company.
Solicit feedback from your tenants
Allow them to provide suggestions for things they would like to see within the community and ways that you can streamline communications with them.
We encourage you to discover more property management tips for landlords and learn how to make managing from apartment complexes to neighborhood associations easier.
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