The Science of Growing Your Portfolio
Learn the steps to get your property management company's portfolio growth down to a science.
Get the GuideWhether your MO is to grow your business fast or pull in clients as you build out your business, property management lead generation is a strategy you need to master. After all, getting new property management leads is at the top of everybody’s list.
According to our 2025 Industry Report, property managers told us that they plan to scale by adding new clients. The trick, however, is how to do that in a tight housing market.
That’s where property management lead generation comes in. Knowing how to pull in new leads and turn them into clients will give you an edge over your competitors.
In this post, we will walk you through the three general stages of a lead in the marketing funnel; the best sources for new property management leads; and finally, some practical, cost-effective strategies to put into practice.
How to Attract Property Management Leads Using the Marketing Funnel
For those who aren’t familiar with it, a marketing funnel is a conceptual framework used to track a lead from the first moment a potential customer learns about your company all the way to when they become a customer.
Although it won’t be the focal point of this article, it’s important that you know your ideal owner profile; otherwise, you might target and attract the wrong leads with your marketing.
At its most basic, a marketing funnel is broken down into three stages:
- Top of funnel is focused on gaining awareness from—and acquiring—leads who often don’t know your business at all.
- Middle of funnel focuses on getting the lead to a mindset where they’re evaluating their needs and starting to see how your services could help.
- Bottom of funnel is the stage where leads are comparing your services against your competition, potentially with a proposal in hand. It’s the final stage before a property management lead converts to a client.
Pro Tip: For property management businesses with limited budgets, it’s usually better to focus on leads that are already middle-of-funnel and show signals that they are evaluating their needs, since you don’t have an unlimited marketing budget to nurture a lead down the full funnel. These potential clients are naturally farther along in the decision-making process and have already started to recognize property management as a solution.
Before we get into actionable strategies for finding property owner leads, let’s cover the most common sources of owner leads.
Property Management Lead Generation Sources
To get a sense of what you can do, it’s necessary to have an understanding of the general sources that can generate new rental property leads. Below are the most common options.
Marketplace and Lead Generation Services
Property management lead generation services such as All Property Management (a Buildium Company) matches you with owners in your area looking for a property management company. You can essentially buy quality leads and get put into contact with property owners already seeking your services.
Your Website
If you don’t have a website with an identifiable, differentiated brand, you should think about what that looks like. Even then, there are a whole host of enhancements that you can use to optimize your site to capture people’s contact information.
Content Marketing
Most small business owners won’t have the resources or time to support a robust content program with regular blog posts, guides, white papers, videos, and podcast episodes—and that’s completely okay. There are still some scrappy ways to put content into action on your website (and social media) that will prevent you from biting off more than you can chew.
To learn more about content marketing, check out our guide: The Complete Guide to Making Content Part of Your Digital Marketing Strategy.
Social Media
Regardless of how much money you have to spend in your marketing budget, Facebook, LinkedIn, and Instagram play an increasingly important role in your lead gen strategy in a surprising way that’s driven by your residents. (More on this later.)
Review Sites
Reviews via Yelp, Angie’s List, and Google Business Profiles are a trusted way for consumers to vet services and provide their own reviews. It’s important to not only to ask for reviews from happy customers, but to monitor and respond to reviews—the good and the bad.
Local Business Events
These are events happening in your local real estate community where you can connect with other business owners and show your expertise to drum up new business.
Paid Search
For certain small businesses, the ability to experiment with paid search acquisition is more doable that you might think. Paid Search on Google and Bing® allows you to bid on keywords that your potential clients are typing into their search bars.
5 Cost-Effective Strategies to Generate Property Management Leads
Now that we have a general understanding of the marketing funnel and the channels that you can leverage to get more property owner clients, let’s get to the good part. Below are some actionable strategies to find new owner leads.
#1: Optimize Your Website
First, a couple basics that you should follow with your site: You need your website to reflect your brand, which should communicate your unique value proposition to your ideal property owner audience. This requires listing your services with well-written copy surrounded by a strong design that correctly executes the technical aspects of your site.
A lack of sitemaps, 404 site errors, and slow load times can all hurt your chances to rank in Google. There are many free tools available like SEM Rush’s Site Audit to help you identify any issues your site may have. (Note: You should still consult a web professional.)
Above and beyond technical issues, you want to make sure that you’re optimizing for the keywords that relate to your business—and then providing potential clients with content that addresses any pain points that you can alleviate. How people are searching for your services in your local market is important and can be discovered.
Also, have you noticed all of the AI chatbots appearing on sites lately? These can be useful automation tools to fast-track leads for a conversation with you. The tools are worth exploring to help your site capture an email address, along with other useful information like services needed, property type, and number of properties.
What’s Your Best Move?
Establish a strong website, both on the marketing and technical sides. Make sure that you organize your site based on what is most important for potential prospects to learn. Do some keyword research, too; and even consider new tools like chatbots. Use content sparingly, and only when it can satisfy a pain point that you can solve for your customers.
#2: Be Socially Aware—But Don’t Go All In
Social media can be a challenging playing field for busy property managers. Some marketers may tell you to dive right in, but that’s really not sound advice. In the present day, every social media network will try to get you to advertise—and when it comes to property management, it’s tricky to target the right audience. You’ll have a hard time finding the right owner clients—even with a big budget.
That doesn’t mean you should neglect social media: It’s quite the opposite. As a business owner, you should invest in posting on social within your means with your expectations in check.
What’s Your Best Move?
The main takeaway is that residents will talk about your business, while potential clients watch what they write, along with your responses. As a result, your best move is to maintain a respectable presence; cultivate positivity; and respond to any negative comments in an even-handed, timely fashion. Don’t let social or negative reviews be a detractor. You can also show continuous value to your audience by curating and sharing other relevant content with your spin on it—aim to do this about 50% of the time.
Pro Tip: Ask your existing customers for reviews at the right moment and even consider establishing a referral program.
#3: Test Paid Search Responsibly
You might be thinking, “Well, why paid search, and why not paid social?” The fact is that you are able to target more granularly with Google Ads, and you generally have more opportunity to attract the right crowd when you can home in on your audience.
According to Tariq Huq, Senior Manager of Paid Acquisition & Demand Generation at Buildium: “The key differentiator is to find ways to distill your unique value prop through your ad copy. You have well over 100 characters to make an impression. Think long and hard and be creative here, since this can really move the needle.”
That said, the cost will vary depending on your location and the keywords you’re bidding on. For example, if you’re in a smaller market, it’s possible that you could get away with spending only $500 a month to test out this channel.
More densely populated cities are likely to require roughly $2,000 to $3,000 to test a campaign. Huq further points out: “If you decide to give paid search a go, then you have to test it for at least 30 to 60 days so you can learn, see what’s working, and adjust your approach.”
You’ll also want to examine your landing page experience before pressing play on any paid ad. What does that mean? Well, you should look at the web experience from a potential client’s perspective: First, Does the copy and imagery complement the ad copy you use? Second, does the landing page load quickly and work efficiently on a desktop browser and mobile device? If it doesn’t, you’ll make a bad first impression and waste your money.
What’s Your Best Move?
Use tight copy that communicates the key value your business offers, but also ensure a responsive landing page experience if you decide that you have the budget to run a paid campaign for at least 1-2 months. Most of all, make sure that you aren’t bidding on terms that are overly competitive—which is always tempting. It’s recommended to get as specific as possible with the keywords in ZIP codes where you operate.
Pro tip: You can also use paid search to test demand in new markets that you are considering entering.
#4: Try Out Matchmaking and Marketplace Services
It’s not without effort to run a paid campaign. That’s the exact reason many property managers partner with marketplaces to buy leads at a regular clip. Services like All Property Management give property managers the ability to bid on warm leads—owners who are looking for a property management company in their exact locations.
All Property Management’s service is integrated directly into Buildium, so you can search specific ZIP codes and see how many owner leads are currently available within a given radius, and then have the leads delivered to you.
What’s Your Best Move?
Try out a service like All Property Management to connect you with new property management leads, but always monitor your ROI closely. It’s also important to point out that if other aspects of your business are not set up to handle incoming leads, then these companies won’t be able to help you. They can send you quality leads, but you’ll have to work them if you want to succeed.
#5: Be a Subject Matter Expert in Person
One of the best (and also the costliest) ways to get new leads is to do it through events. Attending local events and connecting with other real estate professionals that serve investors or your most lucrative ideal clients will help you “show up.” Think about the biggest players in your market and where you can connect with them when it’s truly worth your time.
What’s Your Best Move?
Only attend the events that really have a solid track record, and make sure to stand out in the crowd. If there is an opportunity to showcase your business, take advantage of it to show people what you are all about. Furthermore, if you identify a community of investors and other real estate professionals that isn’t being served, consider putting on your own event or mixer.
It All Boils Down to This
Getting new owner leads in the door isn’t easy, no matter what strategy you choose. We know you’ve heard this before—but while there are various channels that we recommend for the average property management business, there is no silver bullet.
To determine what works best, you should measure how much you’re spending to acquire each lead and give it enough time to fully judge the effectiveness. Still, acquiring the leads is smoother when you have a solid business in place. If you have a strong brand, and already provide world-class customer service to your residents, all of this will work better and faster.
For more on property management lead generation strategies to get more doors, check out the second post in this series: Amp Up Your Lead Gen Game: Your Nurture and Sales Strategy.
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