What Stops Rent Rolls From Growing With Nathan Brett
Manage episode 459623484 series 3326096
If you’re in property management, chances are you’ve asked yourself how to grow your rent roll or when the right time is to sell. These questions aren’t just about numbers they’re about the future of your business, your profitability, and your long term goals. Rent roll growth and management are at the heart of every successful property management business, but navigating the best strategies for growth, scaling, and eventual sale can feel overwhelming.
In this episode of I’m joined by Nathan Brett, CEO of Real Estate Dynamics, to help break it all down. Nathan has decades of experience helping property management business owners across Australia grow and sell their portfolios and is passionate about helping leaders grow or sell their rent roll.
Together, we’ll explore why rent roll growth is vital for the sustainability of your business, how to avoid common pitfalls, and how to set yourself up for success, whether you’re planning to scale or sell.
If you’re ready to take control of your rent roll and maximise your business potential, this episode is for you!
”There's a lot of things that we would do. One of the things is we would get them, the owners of the business, to sit down and help them plan it out - without a plan, growth is really difficult” . - Nathan Brett
We explore:
- How balancing organic growth and strategic acquisitions is essential for long
term success
- Why streamlining operations and building systems driven businesses are crucial for growth and profitability
- How rent roll attrition is inevitable, but planning and proactive strategies can offset losses
- How to stay profitable throughout your rent roll's lifecycle to sell when the timing and market conditions are optimal
- Why high staff turnover can significantly impact profitability, operations, and client retention
- How to focus on strong onboarding processes and creating a supportive culture in your workplace
- How to understand your numbers and by analysing your business expenses and operational costs, you can identify areas for improvement and boost profitability in your business
Connect with Nathan Brett
https://realestatedynamics.com.au/ebook/four-ways-to-grow-your-rent-roll/#one
https://realestatedynamics.com.au/
Kylie’s Resources
Property Management Growth School: https://courses.thatpropertymum.com.au/TPM-BDMSchool
Digital Marketing School: https://courses.thatpropertymum.com.au/digitalschool
That Property Mum Courses: https://www.thatpropertymum.com.au/courses/
The PM Accelerate Membership: https://courses.thatpropertymum.com.au/accelerate
Book a Strategy Call with Kylie: https://calendly.com/kylie-tpm/coaching-call
Kolmeo: https://kolmeo.com/
Book in your team insight bundle with HD&U here:https://www.hdandu.com.au/that-property-mum-team-insight-bundle
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