3 Steps to Increasing Property Management Business by Targeting Reluctant Landlords
Property Management by Property Managers
Due to the slump in the housing market, many property owners are finding themselves in the uncomfortable position of landlord. Many insurance companies are reporting increases in conversion of homeowner insurance policies to landlord policies. Allstate, the nation’s second largest home insurer is reporting 27% increase in conversions.
Tim Geithner, Treasury Secretary is the most well known reluctant landlord. When he could not sell his home after moving to Washington, D.C., he ended up renting it out. Many property managers and property management companies are seeing an increase in their business driven mostly by these reluctant landlords.
In order to tap into this market, follow these steps:
1. Get a list of non-owner occupied properties in your neighborhood to find out owners who are not living in their properties.
2. Contact the owners of these properties and offer unbundled services such as finding a tenant for them, offer to manage repairs for them or offer full service property management to them.
3. Sign up TReXGlobal Partner by clicking here and offer Free Property Management Software to connect with landlords permanently. When they use the property management software they will always have your contact information in front of them. When they get tired of managing properties themselves, they will contact you.
To find out more information about TReXGlobal Real Estate Partner Program, CLICK HERE
This blog post is brought to you by makers of SimplifyEm Pay Rent Online and Property Management Software
This blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies is brought to you by SimplifyEm Pay Rent Online and Property Management Software
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