As an experienced Commercial Property Investor, you know that good property management is important, but the question remains….
Exactly how much difference can a quality Property Manager really make to your bottom line. What is the dollar amount you can expect in return for taking really good care of your renters?
I think I have an answer for you…
Recent research offers a fascinating glimpse into exactly what premium you can expect when tenants believe you are a quality property manager. The results are surprisingly lucrative.
Real Facts is a statistics company that focuses on Multifamily in several larger US markets. They published an opinion survey December of ‘07 from renters in four different U.S. cities.
The purpose of the study was to determine exactly what influenced the renters level of satisfaction with their landlord.
Turns out renter satisfaction comes from the presence of “a sense of community” within the apartment complex.
And a “sense of community” comes from a number of quality Property Management factors… good renter screening, good policies, fixing the apartment units when then need it in a timely manner, etc.
Good data … no surprises and….
Then they did a fascinating thing…
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