Blog - Property Management Inc.

5 Areas You Should Be Focusing on That You Can Control as a Property Manager

By Property Management Inc. Monday, July 13, 2020

One of the biggest traps new property management business owners face is that of focusing on external problems in the industry that they don’t have a lot of control over. Individually, you don’t have a lot of control over what is happening on the stock market or the d...

The 7 BIGGEST Accounting Mistakes Property Managers Make That Can Put Their Business At Risk

By Property Management Inc. Monday, July 6, 2020

Property managers can inadvertently make big mistakes that can put them at the risk of losing their business license, result in fines, and possible jail time. It is critically important that you understand how to ensure that your accounting is in compliance with the Department of...

Property Management Systems: 9 Reasons Why Property Management Firms Are Converting to a PMI Franchi...

By Property Management Inc. Friday, June 12, 2020

Most property management professionals quickly find that managing the day-to-day operations of their business can be all consuming. They get bogged down with endless details and processes can vary from one owner and tenant to the next. Having systems that will help you handle the...

3 Reasons Why We Have a Recession Resistant Business Model

By Property Management Inc. Thursday, June 4, 2020

Since the COVID-19 pandemic began, many franchise developers and brokers have seen a drop in sales as the brands they’ve been recommending and selling have seen a decline in interest, specifically with concepts that require personal interaction, such as restaurants and pers...

PMI Focuses on Business Growth through Acquisition

By Property Management Inc. Tuesday, June 2, 2020

One of the unique ways in which Property Management Inc. helps its franchisees grow has been through the acquisition of property portfolios. These portfolios are management contracts that property managers want to sell or that owners no longer want to manage on their own.Aar...

8 Pro Tips for Virtual Training Success

By Property Management Inc. Sunday, March 29, 2020

After several huge belly-laughs during The Tonight Show: Home Edition with Jimmy Fallon, I had a major epiphany. Even polished celebrities struggle with Zoom calls! Whether it’s interrupting children/roommates/spouses, background sirens, muting and camera issues, screen-sha...

Property Managers Help Tenants Repair and Build Credit Scores with Credit Reporting

By Property Management Inc. Wednesday, March 25, 2020

When you find the perfect home, car, or other investment or purchase, there is nothing more disappointing than getting a big DECLINED when you attempt to arrange financing. What happened? You thought your credit was doing okay, but then you go to CreditKarma.com, your score is in...

Public Relations for Property Managers: Building Your Reputation with a Press Release

By Property Management Inc. Wednesday, March 25, 2020

Public relations is all about engaging with the people in your community to build positive relationships and create a fanbase for your business. With strong beneficial interaction, even with people who may not be currently interested in the services or products you provide, you c...

Do You Want to Sell Your Property Management Business Someday?

By Property Management Inc. Wednesday, March 25, 2020

You will most likely come to a point where you’ll want to sell your property management business, you may be ready to pursue other business opportunities, or it might be the right time for you to retire. How can you make sure you will be able to sell the business for its fu...

TOP 5 TIPS PROPERTY OWNERS CAN DO TO BEAUTIFY THEIR RENTAL

By Property Management Inc. Wednesday, March 25, 2020

In The US, there are currently 43,378,800 renter households (or 34% of the population). Given these large numbers, it’s important to maximize your home’s potential with regular maintenance and upgrades to attract renters and maximize profits.Unlike lengthy renovations...