What does the 80/20 rule mean in property management?
In property management, the 80/20 rule—also known as the Pareto Principle—essentially means that roughly 80% of outcomes come from 20% of causes. Applied to property management, this principle can show up in several ways: In short, the 80/20 rule in property management is about identifying the small portion of factors that have the largest impact—so … Read more