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Rental Scams: What Property Managers Must Do To Prevent Listing Fraud

By Davis Pratt, PMI Public Relations Specialist

Imagine finding a great rental home for a young family; the location, size, and price range are all ideal for their needs and they even like the layout and color scheme. Everybody is happy until moving day, when you find a different family you’ve never met living in the house you’re about to rent, insisting they have a signed lease agreement and have paid the deposit and first month’s rent to the owner (a property owner you’ve never heard of whose contact info is different from the owner who hired you). Now, instead of making sure a simple move goes off...


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

By Davis Pratt, PMI Public Relations Specialist

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 can raise awareness of your business and establish yourself as an expert. A track record of audience engagement and greater community awareness helps generate leads, which for property managers not only means property owners with property they’d like managed but also tenants to reside in your prop...


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

By Jim Dangerfield, PMI General Support

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 the low 500s.

Typically, any credit score below 600 is an automatic rejection from any financing partner or property manager. Are you doomed to reside in the low 500s for life, unable to get the financing you need to im...


REPUTATION MANAGEMENT: RESPONDING TO THE 1 STAR PROPERTY MANAGER REVIEW:

May 15, 2018
By Doug Heath, PMI Social Media Coordinator

“... has left a review on your business page.”

When you get the notification, your heart begins to race. It’s possible that you’re about to read a glowing recap of the excellent service you’ve given, but the message could also be a cold-hearted blow to the reputation you’ve been trying to build.

As a professional social media coordinator for property managers, I have seen and responded to countless reviews, both positive and negative. I also consult with property managers on review response strategy and have had many...


Why Vacation Rental Owners Need Local Property Managers For Maximum Profits

April 23, 2018
By Billy O’Sullivan, Director of Vacation Rentals

I stayed in my first vacation rental about seventeen years ago when I paid my mailman $100 to stay at his cabin in Big Bear, California for the weekend. This stay gave me the idea to rent out a condo I owned on the Hollywood Sunset Strip, and that was it, I fell in love with vacation rentals. That love has stuck with me for nearly two decades. The vacation rental game has changed considerably since my stay in Big Bear. Businesses have sprouted up all over trying to get a piece of the...


PMI Blue Creek Owner and Former NFL Athlete Thomas Smith Featured on Cash Flow Diary Podcast

Thomas Smith, the owner of PMI Bluecreek (formerly PMI Elite Baltimore), appeared as a featured guest in “From Football to Real Estate,” an episode of the Cash Flow Diary, a resource for new and experienced investors hosted by real estate industry expert, and financial coach J. Massey.

Smith’s successful career in the NFL lasted ten years, three times longer than the natural average, and when he retired in 2002, he found himself looking for his ne...


Finding Deductions for Residential Rental Property and Lowering your Tax Bill

April 10, 2018 
By Cassie James, PMI Communications Manager

Tax season can be stressful for solo entrepreneurs and landlords. The last thing any investor wants is for an unexpected tax bill to cut profits on their real estate investment. If you own residential property, you are aware that there are a number of unavoidable costs and expenses that go along with the territory. If you want to maximize the return on your investment, it is essential to understand what expenses you can deduct related to your property so that you don’t end up overpaying...


Lead Management Software: The Powerful Tool Property Managers Need

March 23, 2018
By Jaden Trujillo, PMI Association Coordinator

Excel. Google Sheets. A sticky note on your mirror, nightstand, or desk. These are just a few of the ways that property managers across the nation manage their leads. Sales are key to growing your business, but most property managers struggle with managing their sales leads. We all know that managing leads and general organization is essential to running a successful property management business; however, it seems that we often get caught up in working in our business and not on our business. We all say we are hungry for business, and most of us act like it, ...


The Seven Portfolio Multipliers That Every Property Manager Should Master

By Jeremiah Cundiff, PMI Executive Director of Operations

I’ve had conversations with hundreds of property management professionals during my career in the industry, and I’ve noticed a common theme that separates the smaller property management companies, or “Solo Property Managers,” from the property management companies that dominate their markets, “Strategic Property Managers.”

What Strategies Set Strategic Property Management Masters Apart?

The key difference between the Solo Property Manager and the Strategic Property Manager is that the Strategi...


3 Tips to Keep Property Management Leads in the Sales Funnel

February 23, 2018
By Ashley Johnson, Writer for Smart Business Hacks

As a property manager, one of the most important tasks you will be faced with is keeping leads in your sales funnel. It may seem daunting at first, but in the end, it all comes down to learning how to balance your time, your focal points, and the needs of both you and your leads. Below we have three tips that will help keep you from losing leads.

1. Follow Up Persistently, Consistently & Quickly

Following up is the number one best way to keep leads from falling out of your sales fun...



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