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Facilitating Investor Relations Between Property Managers and Owners
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Lior Abramovich is the Co-founder and CEO of Blanket, which offers a retention platform to help property managers keep their doors under management to grow their businesses. With over a decade of experience in the single-family rental market, he has facilitated over $150 million worth of acquisitions for over 1,000 individual investors. Lior also co-founded Golden, a nonprofit organization renovating homes for senior citizens. Before Blanket, he served as the Executive Officer of the Israeli Naval Academy and a Chief Engineer in the Israeli Navy.
In this episode…Historically, property managers have experienced a 30% churn rate on their managed rentals. This can originate from misaligned interests between property owners and managers. For instance, property owners often view management services as a cash-eating expense, and managers may lack an understanding of homeowners’ objectives. How can you reduce the gap between owners and managers to foster a mutually beneficial relationship?
As a property management growth facilitator, Lior Abramovich maintains that these real estate professionals should act as asset managers and trusted advisors to homeowners. Landlords invest in properties to build a stable financial future, so managers must collaborate with them to ascertain this goal and provide profitable rental and investment options. This may involve offering valuable solutions to specific problems, allowing the owner to take complete control of their investment journey. With real estate software platforms like Blanket, property owners can have full visibility into their profitability and the level of management services, creating an investor relationship between the two parties.
In this episode of The Same Day Podcast, Lior Abramovich, the Co-founder and CEO of Blanket, joins Mat Zalk to discuss the relationship between property managers and owners. Lior explains how Blanket helps managers and owners build their portfolios, the platform’s multifaceted features, and how to retain clients and properties by delivering value.
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