Your portfolio isn’t shrinking because you’re “doing it wrong.” It’s shrinking because owner churn averages 20–25 % a year—and most PMs underestimate the leak. In Part 2 of our mini-series, host Marie Tepman (Fourandhalf Marketing Agency) and fee-maxing coach Todd Ortscheid unpack: 1. Real-world churn rates for residential property managers—and why 10 % is the elite benchmark 2. urning Customer Lifetime Value (CLV) into a bigger marketing budget (without raising rents) 3. The “triple-win” resident-benefit model that lowers vacancy instead of driving it up 4. State-by-state regulatory headwinds (CA, OR, CO, NV, NY) and smart work-arounds If you want to increase profit per door and protect revenue from fee caps, this episode is for you. ⏱️ Chapters 0:00 Intro – Why churn matters more than you think 1:05 What’s a healthy churn rate? (Data from NARPM Benchmark) 5:40 Calculating CLV & setting a marketing budget 8:50 Resident fees vs. vacancy myths 13:20 “Triple-Win” benefits: pets, credit boosts & insurance 18:30 West-coast fee caps & the new battleground states 22:45 Creative work-arounds when legislation bites 24:30 Next episode teaser – Education-first marketing & AI hacks (Time stamps are relative to this video’s runtime.) 🔗 Resources Fourandhalf Marketing Agency – More owner-lead growth tips: https://fourandhalf.com/?utm_source=youtube&utm_medium=video&utm_campaign=feemaxing_part2 PM Assist – Coaching on churn, CLV & fee strategy: https://propertymanagerassist.com Subscribe to our newsletter – Episode alerts + PM marketing intel: https://fourandhalf.com/subscribe Watch the Whole Series: Part 1 – Fee-Maxing Foundations ▶️ https://youtu.be/7mcnmg4_dXg?si=qPcB5qTZPmAEJaHk Part 3 – Prospect Education, Marketing & AI ▶️ (https://www.youtube.com/watch?v=cCdiGoJMxCU 🙌 Stay connected 👍 Like this video if it helped your business 💬 Comment below—What’s your current churn rate? 🔔 Subscribe on YouTube so you never miss an episode: https://www.youtube.com/@ThePropertyManagementShow #propertymanagementtips #OwnerChurn #CustomerLifetimeValue #ResidentialPropertyManagement #AncillaryRevenue #IncreasePMRevenue #FeeStructure #NARPM #Fourandhalf #RentalBusiness #PropertyManagerMarketing

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