Opportunity in Any Economic Cycle

Property Management is about good service and good service is in demand.  Good service never goes out of fashion.  Plus property managers get paid monthly for their service and it is not dependent on the ups and downs of the economy or housing cycle.   In fact in a down housing or economic cycle you may get even more business as a property manager because people can’t sell homes and rent them out or move out of state to find work but can’t sell their homes.

Three weeks ago I went to go see billionaire Ray Dalio speak about the economy.  He has run one of the most successful hedge funds for over 30 years in Westport Connecticut.  He feels that we are mid-point in a short term business cycle. What does this mean – it means that we are not a the bottom of the business cycle – and it get harder to sell homes.

If you work at building a recurring revenue business based on good customer service you will have stability and opportunity in any economic cycle.

 

Published on October 7, 2015 in Property Management

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Educated at Cornell University. Trained in the United States Army. Russell Munz has taken resources from both of these experiences to benefit you with the documentation included in the Quick Start Property Manager Program. Read more about Russell…

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