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Rental Asset Management

Rental Asset Management

How to become a more profitable Property Manager

It’s a sad but well-known fact that small to medium sized property management businesses are seldom (if ever) particularly profitable. Sure, they can deliver a reasonable turnover, but increasing that turnover usually comes with an associated increase in overheads, particularly with new regulations adding to the workload. That makes it tricky for business owners to transition from making ends meet…
James
18th Jul 2019
Rental Asset Management

Are compliance challenges putting your property management business at risk?

Legislation like the Sectional Titles Schemes Management Act and the Community Schemes Ombud Service Act may be a positive step for community schemes in general, but few would deny the additional complexities that they have added to the property manager’s role. Where a straightforward secretarial service may have sufficed in the past, modern property and portfolio managers have a far…
James
24th Aug 2018