Mike Brewer of MultifamilyCollective reveals the insider tactics multifamily property managers and owners can implement to manage and reduce operating costs in 2024 effectively. With a focus on rigorous quarterly and biannual reviews of General Ledger (GL) line items, Mike advises evaluating contracts from national to local vendors and ensuring you're getting the best possible rates and quality for goods and services. Whether it's renegotiating existing contracts or scouting for new supplier partnerships, this video is your blueprint for cost control and profit maximization in the multifamily sector. Don't miss out on leveraging these strategies to prepare for the years ahead, especially as the landscape of rent growth changes. It's time to take action and secure your property's financial health. For more insights and strategies tailored to the multifamily industry, visit MultifamilyCollective.com. If you found this video helpful, please hit the Like button and subscribe to our channel for more invaluable tips and strategies. Your support helps us bring more great content your way. multifamily property management, cost management, expense reduction, contract negotiation, vendor management, profit maximization, GL review strategy, 2024 multifamily strategies, property management tips #MultifamilyManagement #CostReduction #ProfitMaximization #ContractNegotiation #PropertyManagement #RealEstateInvesting #2024Strategies #MultifamilyCollective @mikebrewer #multifamilycollective #multifamilymentoring #multifamilycoaching #multifamilypodcast #leadership #OpenAi #multifamilymedianetwork
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