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  1. In 2017, the average profitability in the property management space was 6%, and the top 25% of performers’ profitability was 25%. In 2021, the average profitability was 11%, and the top performers were 32%.
    www.secondnature.com/blog/property-managemen…
    Property management companies generate revenue by charging property owners a fee or a percentage of the rental income in exchange for their services, and they often play a crucial role in maintaining and enhancing the value of properties by ensuring they are well-maintained, occupied by reliable tenants, and compliant with local regulations.
    dojobusiness.com/blogs/news/property-manageme…
    According to our industry intel, only 1 in 3 rental properties are profitable, meaning the property management profit margin of most businesses is precarious at best.
    www.buildium.com/blog/how-to-build-a-more-profit…
     
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