In this episode, John and Kyle dive into the intricate world of vacancy rates andmarketing in property management. The discussion is part of their ongoing seriesaimed at addressing key concerns when selecting a property manager.Kyle and John emphasize the financial implications of vacancy rates, especially notingthat vacancies can cost homeowners more than any other factor. Leveraging data fromthe National Multifamily Housing Council (NMHC) and RealPage, they illustrate howprofessionally managed properties benefit from significantly lower vacancy rates—4 to5% compared to 7 to 8% for self-managed properties. They discuss various strategiesprofessional property managers use to minimize vacancy rates, including advancedmarketing systems and technology. John and Kyle highlight the role of efficientprocesses, online tools, and tenant screening in lowering vacancy rates, therebyboosting rental income.Quotes:"There is nothing more that costs a homeowner money than vacancy days.” ~John"A good property manager should be making you more money, paying for themselves,and letting you not have to deal with the property." ~John"Professional property managers use targeted advertising to achieve a 10-15%increase in rental inquiries compared to traditional methods." ~Kyle TeixeiraListen to We Are TPM on any major podcast platform including Apple Podcasts,Google Play, Spotify, and many more.Tune in today!We Are TPMTeixeira Property ManagementMansfield, [email protected]———————————————————————————There are a vast amount of ways in today's world to build wealth using real estate andinvesting, not just in property, but in yourself!Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira ofTeixeira Property Management bring you all of the knowledge and experience they canprovide for the confidence to achieve your investment goals, or how and why to createthem. Now, while John and Kyle have a ton to share, they will also be bringing youinterviews with some of their clients, industry partners, experienced investors, andmuch more every week!John and Kyle look forward to sharing the knowledge you need about arguably thegreatest investment vehicle that is available to the masses — Real Estate. Knowledgeis power, and John and Kyle intend to give you as much power as possible. It's notalways about the HOW, but also the WHY, and they will be digging into it right hereevery week!

Ver todos los episodios