Property Management Brainstorm

Property Management Brainstorm Podcast

Property Management Brainstorm is a top ranked podcast, hosted by Bob Preston, RMP®, featuring top professionals and experts related to the property management industry. Bonus episodes are called Five Minute Friday (FMF), providing tips and advice, every Friday, in five minutes or less. Tune in, have a listen, and subscribe today!

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Friday, December 6, 2019

Five Minute Friday #7: Establishing the Rental Rate
Five Minute Friday #7: Establishing the Rental Rate
Yes, property owners want to maximize their rental income. But if you set the monthly rent too high and the unit stays empty, no one generates any revenue at all! So, how do you decide on a monthly rental rate that keeps the property owner happy AND competes in the local market?On this episode of Five Minute Friday, Bob explains the impor...

Friday, November 29, 2019

Five Minute Friday #6: Best Practices for Renting Your Home
Five Minute Friday #6: Best Practices for Renting Your Home
The idea of generating passive income through a rental property sounds pretty terrific. But the reality is, being a landlord is not as passive as you might think. Renting your home is equivalent to running a business, and there are a number of responsibilities that come with it. So, what do you need to consider before becoming a landlord?...

Thursday, November 28, 2019

Episode 26: Lessons Learned in the Leasing Process Featuring Todd Breen of VirtuallyinCredible
Episode 26: Lessons Learned in the Leasing Process Featuring Todd Breen of VirtuallyinCredible
It goes without saying that every landlord and property owner dreams of a quick and seamless listing and leasing process that results in a happy tenant and ongoing rental income. But what can we do to make the leasing process run more smoothly? How can we reduce the number of days on market and fulfill our owner’s expectations&mdash...

Friday, November 22, 2019

Five Minute Friday #5: Utilizing Lockboxes
Five Minute Friday #5: Utilizing Lockboxes
Lockboxes provide efficiency and convenience, allowing real estate agents and vendors access to a property when we can’t be there. But is it a good idea to utilize lockboxes for property showings? When does it make sense to allow prospective tenants to look at a property on their own? And what can we do to mitigate any security issu...

Friday, November 15, 2019

Five Minute Friday #4: Responding to Rental Inquiries
Five Minute Friday #4: Responding to Rental Inquiries
Once you start marketing a property available for rent, inquiries come at you from all directions. You’re answering phone calls, responding to texts, and replying to emails—at all hours of the day and night. So, what is the most efficient way to respond to rental inquiries and schedule property showings? Is there a way to auto...

Thursday, November 14, 2019

Episode 25: Pricing Your Short Term Rental, Featuring Marc Peckler of Beyond Pricing
Episode 25: Pricing Your Short Term Rental, Featuring Marc Peckler of Beyond Pricing
If you own a short term rental property, you want to maximize the return you get from every booking you make. One of the simplest and fastest ways that can be done is through effective pricing practices.On this episode, Bob speaks with Marc Peckler, Senior Account Executive with Beyond Pricing. The Beyond Pricing approach to short term re...

Friday, November 8, 2019

Five Minute Friday #3: Insurance Coverage for a Rental Property
Five Minute Friday #3: Insurance Coverage for a Rental Property
In this Five Minute Friday, Bob discusses the proper insurance coverage that a landlord should have at their rental property before placing a tenant. With Long-term Rentals (typically unfurnished, rented under a 12-month lease) there are two types of insurance policies that should always be required.The first type of insurance is a &ldquo...

Friday, November 1, 2019

Five Minute Friday #2: Property Management Maintenance Facilitation
Five Minute Friday #2: Property Management Maintenance Facilitation
Five Minute Fridays are bonus "mini-episodes" of Property Management Brainstorm in which Bob covers a pertinent topic of property management or being a landlord, every Friday, in about five minutes or less. In this episode, Bob covers two questions frequently asked by landlords - "how is maintenance handled?" and &ldqu...

Thursday, October 31, 2019

Episode 24: Tenant Turnover Issues Solved, Featuring James Barrett of Tenant Turner
Episode 24: Tenant Turnover Issues Solved, Featuring James Barrett of Tenant Turner
Anyone who manages rental properties knows first-hand how much hassle is involved with tenant turnover. From advertising to lease signing, it takes a top-notch team to do it effectively at scale.Bob’s guest today is James Barrett, co-founder of Tenant Turner, a software application that takes the hassle out of tenant turnover in ver...

Monday, October 28, 2019

Five Minute Friday #1: Allowable Security Deposit Deductions
Five Minute Friday #1: Allowable Security Deposit Deductions
Five Mintue Fridays are bonus "mini-episodes" of Property Management Brainstorm in which Bob covers a pertinent topic of property management or being a landlord, every Friday, in about five minutes or less. This is the very first episode of Five Minute Friday. Bob covers the question most frequently asked by landlords when speak...

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