7 Portfolio Multipliers
For Property Management
Propel Your Property Management Portfolio Forward!
The 7 Portfolio Multipliers consist of the seven areas of your business that will propel your property management portfolio forward. Master these seven key areas of property management and you will create an efficient team, scale your portfolio and processes, and make the best returns possible.
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Which Type of Property Manager Are You?
Find Out on Page Six!
Existing property managers who join the PMI system can effectively grow their business by leveraging the brand’s operational infrastructure to tap into new revenue streams and markets.
SOLO
- A few clients or revenue streams
- Manages their own clients
- Answers all calls and emails
- Balances their own books
- Handles all emergencies & repairs
- Rarely has time off
Solo Property Managers trust in their own work ethic and strive to keep costs down for their clients, yet find themselves and their portfolios not scaling as quickly as they’d like.
STUCK IN TRANSITION
- 5-8 clients or revenue streams
- Develops relationships
- Receives referrals
- Hires part-time help
- No well-defined processes
- Lacks proper documentation
Undeveloped processes keep a Property Manager’s business Stuck in Transition. Maybe it’s hard to onboard new employees. Maybe they struggle to keep good financial records. But to grow, they need to streamline what they and their team do each day.
STRATEGIC
- Several steady clients & 50+revenue streams
- Multiple lead and referral sources
- Well-trained and efficient team
- Diversified property portfolio
- Well-documented processes
The Strategic Property Manager focuses on goals and builds a portfolio and team to achieve them.
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About the Authors
Founded in 2008, Property Management Inc. is a rapidly growing brand that provides expert property management services and solutions across residential, commercial, association, short term rental management and brokerage. These pillars of real estate management provide owners with service options that build value and are unmatched in the industry.