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How Transparent Property Management Increased Revenue by 30% for Five Units in a Single Building

The testimony of a property owner highlights the impact of TeamCHECKiN's innovative strategies on rental income.

16/01/2025 - In a residential building in Quebec City, an Airbnb property owner experienced a remarkable increase in rental revenue after entrusting the management of their five units to TeamCHECKiN. Dissatisfied with their previous property manager, the owner sought a service that offered greater transparency and better performance. One year after making the switch, they reported a 30% increase in revenue per unit.

Initial Challenges Due to a Lack of Transparency

This property owner, with five rental units in the same building, was facing growing frustrations with opaque management practices. Their previous manager failed to communicate clearly about the strategies in use, and the owner did not have direct access to revenue data, which severely limited financial oversight.

Additionally, no innovative strategies were employed to maximize the potential of the units, despite their prime location and excellent overall condition.

A New Approach with TeamCHECKiN

By partnering with TeamCHECKiN, the property owner discovered a fully reimagined management approach. The team quickly identified overlooked opportunities and implemented tailored strategies to boost rental revenue.

A Key Solution: Combined Listings

TeamCHECKiN's initial analysis revealed strong demand for spacious accommodations suited to families and groups of friends. While the property included both one-bedroom and two-bedroom units, these had never been marketed as a combined option.

The team created a listing that paired two adjacent units, offering an alternative equivalent to a three-bedroom rental. This strategy attracted a clientele willing to pay higher rates to meet their specific needs.

Impressive Results

Thanks to this innovation, the owner captured previously untapped demand. During the peak season, especially during Quebec City's numerous festivals and events, this strategy optimized unit occupancy while increasing profitability.

TeamCHECKiN’s technology tools also provided the owner with comparative insights into rental performance against other similar units in the building. The results confirmed that their revenue far exceeded those of other property managers.

Management Built on Transparency and Innovation

Beyond optimizing revenue, the property owner especially appreciated the transparency that TeamCHECKiN brought to property management:

  • Direct access to revenue, eliminating unnecessary intermediaries.
  • Full visibility into listings and strategies used.
  • Personalized service tailored to the unique needs of their units and the Quebec market.

A Game-Changing Management Approach

This case study demonstrates that transparent and innovative property management can transform rental income, even in a competitive market like Quebec City. With a 30% revenue increase in just the first year, the owner not only improved cash flow but also gained peace of mind thanks to a professional and reliable service.

👉 For Airbnb property owners in Quebec looking to maximize revenue while enjoying clear and effective management, TeamCHECKiN is the solution you need.