Managing properties in a cyclical or phased approach, often aligned with market trends or lease expirations, allows for strategic improvements and adjustments. For instance, renovations or rent increases can be coordinated across multiple units during periods of low occupancy or when market conditions are favorable. This structured approach minimizes disruption and maximizes return on investment.
This cyclical approach offers several advantages. It allows for proactive maintenance and upgrades, potentially reducing long-term costs and increasing property value. Furthermore, it facilitates consistent tenant communication and predictable revenue streams. Historically, property owners have intuitively managed their assets in response to market conditions. However, the increasing complexity of real estate markets necessitates more formalized, cyclical strategies.
