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Best practices for expanding your property management portfolio into new markets

Buildium

Diversifying Income Streams The more properties and property types you manage, the more diversified your income stream. For example, by expanding from residential properties to commercial properties, you can protect yourself from downturns in either submarket.

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What’s the best property management maintenance app? 6 of the top options

Buildium

Growth: Starting at $183/month, you get everything in Essential, plus lower online payment costs, free property inspection tools, live phone support, and performance and business analytics and insights. Finally, there’s an Enterprise option which you can learn more about by contacting their team directly. #4:

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How to Grow a Property Management Company: Proven Strategies for Success

BetterWho

Many successful property managers seek advice from a property manager consultant to help clarify their goals and uncover untapped opportunities. Consulting services can provide tailored strategies to align your business objectives with actionable steps.

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Cost Segregation Study: How to Take Accelerated Depreciation on Rental Properties

SparkRental

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. They’ll even examine architectural plans, engineering specifications, and construction records, looking for opportunities for accelerated property depreciation.

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20 Ways to Get More Property Management Leads

Second Nature

Search engine optimization (SEO) A great step for companies looking to keep growing is to optimize your website for SEO. There are plenty of toolsboth free and paidto help optimize for search engines, and many small businesses also opt to hire SEO agencies to provide guidance on strategy and produce optimized content.