How do you expand your Property management business?

[Account Closed]

-How do you gain more clients?

-Marketing strategies?

Give your 2 cents people, thanks a bunch!

[Mike H.]

I've actually toyed with the idea of getting into PM for other investors. 

Here would be my pitch to gain new clients:
1) Charge the standard monthly fee for your area (8%, 10%? etc).

2) Do not charge anything for leasing your properties. 

3) Do not charge anything when the property is vacant.

Here's the hook I would use when talking to them.
Why should I charge you anything to lease your properties? That puts the wrong incentive on the PM doesn't it? I shouldn't be getting more money when your properties have more turnover.  So I don't charge for leasing properties. 

That would be my hook to show an investor that I was going to be looking to put in good tenants. And the fact that I'm not getting paid if the house goes vacant, also tells him that I'm going to be in a hurry to get that house rented. No tenant = no money to me.

Again, I'm not a PM company so I don't know if that would work or not. But if I ever take the leap, that is going to my hook......