Removing Property Management Free Riders?

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

 

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