From The Desk Of
Crystal Haight
Vancouver, Washington
Dear Fellow Property Manager,
Would you agree with me if I said that business has become increasingly tough for property management companies like yours over the past few years?
I'm sure you've felt the pressure...
On top of keeping tenants happy, you have to deal with complex trust accounts that have to be kept accurate and up-to-date if you don’t want to lose your license…
As well as hundreds of confusing rules and regulations about how you must handle security deposits, payments to owners, and reporting for tax purposes.
As a real estate investor and property manager myself, I personally understand the unique challenges you face while running your business…
When I first started buying and renting out properties, I struggled to figure out how to manage my business's finances, accounting, and taxes.
And none of the CPAs and accountants I reached out to understood my business well enough to advise me on the decisions I needed the most help with.
The truth is, most CPAs and accountants are generalists who serve a wide range of clients in all kinds of different industries.
That means they don’t have the time to develop the skills and expertise needed to understand the unique challenges you face as the owner of a property management company.
As an accountant who specializes in serving property managers, I know that owning and operating a property management business is very different from running any other kind of business...
In fact, I've discovered that there are 7 financial mistakes that property managers make when running their businesses.
The problem I run into all the time is that most of the property managers I talk to don't have any idea that they have one (or more) of these business-killing problems...
And that's why I decided to write my latest book…