Eviction. Not anyone's favorite word, and certainly not a word that resonates positively with renters. It is, however, a necessary part of operating rental housing. But as painful as it is to enact an eviction in today's world, there is no doubt that the process is more painful and more complicated than it needs to be. Property managers are expected to run point on evictions in addition to the myriad of responsibilities already on their plates, ...
Four Stages of Revenue Recovery and Their Success
When faced with delinquent renters, owner/operators and onsite teams can face up to four stages of revenue recovery. The quicker each stage is addressed, the quicker it may be resolved. Early and automated communication with the resident is key to achieving success, and recovering lost revenue. Depending on the location of the property, a complete eviction process c ...
Information Accessibility and Sharing Will Expedite Evictions, Maximize Revenue
When it comes to evictions, time is of the essence. Extensions, delays and restarts during the eviction process means lost revenue. To expedite evictions, avoid hiccups and keep delinquency time as low as possible, it’s crucial to know what is causing the delays. While pitfalls exist each step of the way, the most common - and frankly overlooked - cause is speedy and direct access to information ...
Automating Evictions – It Has To Be a Thing
Among the tasks onsite associates deal with daily, eviction management can fall low on their priority list. Notices may end up slipping through the cracks or posted only when associates finally find time in their busy schedules. Given a choice, onsite team members won’t rush to initiate the eviction process on their own. Balancing the business side and the personal relationships can be a challeng ...
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22 JanEvent starts in:
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05 Feb
