Free riders…an important concept tied to saving money, reducing hassles and increasing profitability, right?
Here are the 5 most common free riders:
#1. Rental housing residents.
#2. Property management clients.
#3. Employees.
#4. Vendors/suppliers.
#5. Equipment and technology.
Action step: Which free riders will you eliminate this week? This month? What will the financial savings/impact be as a result?
A problem-free zone, how will you incorporate this concept into your property management company?
During our Tuesday Open-Mic, we always appreciate your questions and interaction tied to the 21 best ways to control expenses and create more profitability for your property management company.
We are certain, 2014 will be a sterling year for you and your property management team—and we are here to help you, every step of the way~
As always—continue to guide those on your PM team with a focus on G.R.A.C.E. [Growing Revenue & Controlling Expenses]…have fun…and compete ferociously!
Your PowerHour Leadership Academy Coaches,
Ernest and John