Archive by Author

Are You Ready to Offer Corporate Housing?

Are You Ready to Offer Corporate Housing?

Posted on 16. Jul, 2015 by .

0

If you’ve considered offering corporate or short-term housing, you’re not alone. With property management costs steadily rising, property managers across the U.S. are looking for a reliable funding stream. With a significant increase in business travel and employee relocation, corporate housing is often suggested as a viable way to increase revenue. It’s no secret that […]

Continue Reading

The Value of Renters Insurance

The Value of Renters Insurance

Posted on 06. Jul, 2015 by .

0

This question has been kicked around a lot in recent years: Should you require your tenants to obtain renters insurance? While some property management companies require their residents to purchase renters insurance, the vast majority continue to merely suggest that renters insurance be purchased. Unfortunately, this method of persuasion has done little to convince residents to do […]

Continue Reading

Retaining Quality Employees

Retaining Quality Employees

Posted on 16. Jun, 2015 by .

0

As property managers, your primary focus is to locate and keep quality residents. Long-term residents can mean a stable rental income, less marketing dollars spent, and a stable rental community, which is attractive to all residents. One area that many managers may not realize the value of is a stable work force. Finding and retaining […]

Continue Reading

The Possible Consequences of Inadequate Resident Screening

The Possible Consequences of Inadequate Resident Screening

Posted on 09. Jun, 2015 by .

0

We’ve all seen the ads – ‘no credit check, no deposit, move-in today!’ While some property managers may luck out and rent to a resident who does not skip out on the lease, does not destroy the property, and has adequate income to cover the rent, by running ads such as these, managers are opening […]

Continue Reading

Is your Office as Green as it could be?

Is your Office as Green as it could be?

Posted on 19. May, 2015 by .

0

While many property managers have consciously made changes in their daily habits to save energy and reduce their carbon footprint, are you doing as much as you can to make your office a little greener? If you feel like you’d like to make a greater environmental impact, here are some suggestions to try in your […]

Continue Reading

Reaching and Communicating with the Next Generation of Renters

Reaching and Communicating with the Next Generation of Renters

Posted on 30. Apr, 2015 by .

0

While print advertising remains a popular and effective way of marketing to potential renters, those hoping to reach the next generation of renters will need to make sure that their online communication skills are up to par. With more renters using mobile communication devices to look for apartments, having an active online presence is a […]

Continue Reading

Spring Cleaning for Property Managers

Spring Cleaning for Property Managers

Posted on 07. Apr, 2015 by .

0

After a brutal winter in many parts of the U.S., spring has finally arrived, with a hint of green quickly replacing the brown that we’ve looked at for the past several months. While we can all appreciate the warmer weather, those long months of rain and snow can take its toll on even the most […]

Continue Reading

Is Your Property Safe for Children?

Is Your Property Safe for Children?

Posted on 02. Apr, 2015 by .

0

With warm weather finally here, the number of children playing outside will increase dramatically in the coming weeks. This can cause a number of issues in apartment communities – ranging from noise complaints from residents, as well as an increased incident of accidents; everything from the usual cuts and scrapes to more serious issues that […]

Continue Reading

Are You Ready for an Audit?

Are You Ready for an Audit?

Posted on 17. Mar, 2015 by .

0

Isn’t it amazing how a simple five-letter word can create such panic and anxiety in so many of us. While tales of audit disaster are found everywhere, most audits are simple and straightforward, involving little drama and a lot of paperwork. Of course, even with these reassurances, being audited, whether it’s by the IRS, the […]

Continue Reading

Tools for Success

Tools for Success

Posted on 05. Mar, 2015 by .

0

When I think about tools, images of hammers, screwdrivers, and drills pop into my head. I certainly don’t think about computers, software, continuing education, or a pizza party. But just as a carpenter needs a hammer to do his job well, property management employees need the proper tools to do their job well. Remember, you […]

Continue Reading

The Dreaded Task

The Dreaded Task

Posted on 17. Feb, 2015 by .

0

Of all of the tasks required of a property manager, what is the one task that most property managers dread? If you said evictions, you’re correct. While careful applicant screenings can help in reducing the number of evictions necessary, every property manager will eventually find themselves in a position to evict a resident. But are […]

Continue Reading

Should  you write a blog?

Should you write a blog?

Posted on 03. Feb, 2015 by .

0

If you’re looking for an inexpensive way to build awareness about your property management company while also building relationships with both potential and current residents, you may want to consider starting a blog.  While you may have some initial reservations, it’s really quite easy to start, and you can always convince co-workers to contribute as […]

Continue Reading

Make 2015 the Best Year Ever – Part II

Make 2015 the Best Year Ever – Part II

Posted on 06. Jan, 2015 by .

0

Are you ready to begin?  There’s something about a new year that provides many of us with the impetus to change. For many of us, becoming more organized is a big part of that change. Yes, you can continue to rifle through that two-foot tall stack of papers resting on your desk, or you can […]

Continue Reading

Make 2015 the Best Year Ever – Part I

Make 2015 the Best Year Ever – Part I

Posted on 01. Jan, 2015 by .

0

It’s a brand new year.  If you’re like most of us, you have a long list of New Year’s resolutions that you have vowed to keep this year.  And, if you’re like most of us, becoming better organized in 2015 is somewhere on that list; after all it’s one of the Top 10 resolutions year […]

Continue Reading

Make 2015 Your Best Year Yet!

Make 2015 Your Best Year Yet!

Posted on 09. Dec, 2014 by .

0

As 2014 draws to a close, there’s no better time to begin to assess the year.  If there’s nothing you would change for 2015, you can probably stop reading now.  But for most of us, there’s always something that we can do better, faster, more efficiently, and more profitably.  One of the best ways to […]

Continue Reading

Have a Stress-free, Rewarding Holiday Season

Have a Stress-free, Rewarding Holiday Season

Posted on 04. Dec, 2014 by .

0

While the holiday season conjures up visions of family gatherings, robust meals and brightly wrapped presents, the reality can often be very different.  Today, it’s rare to find anyone who doesn’t experience at least some stress while coping with the holiday season.  From your employees, your residents, and even your own family and friends, instead […]

Continue Reading

Looking at the Big Picture

Looking at the Big Picture

Posted on 04. Nov, 2014 by .

0

Are you so bogged down in the details of your day to day management duties to take some time and look at the bigger picture?  With the pressure to fill empty units, keep the property profitable, and make hundreds of people with very different personalities happy, property managers can sometimes forget to spend some time […]

Continue Reading

Creating a Sense of Community with Your Residents

Creating a Sense of Community with Your Residents

Posted on 25. Sep, 2014 by .

2

Property managers often refer to their properties as communities, and rightfully so. But have you ever thought about strengthening that community?One of the things that apartment dwellers typically cite about living in an apartment is a sense of isolation. Often, renters are new to the area, or even the state, and would like to meet […]

Continue Reading

How Do You Compete With The New Apartment Communities?

How Do You Compete With The New Apartment Communities?

Posted on 09. Sep, 2014 by .

0

The Wall Street Journal recently noted that the share of new homes being built as rental apartments is at its highest level in four decades.  While it certainly helps the economy, an increase in apartment homes can strike fear in the hearts of many property managers.  After all, these newer units will likely boast state […]

Continue Reading

The Joys of Technology Integration – Part II

The Joys of Technology Integration – Part II

Posted on 05. Aug, 2014 by .

0

I understand that most of us are averse to change.  Just the thought of changing a familiar product can make the most competent people break out into a cold sweat; even if that familiar product has resulted in more work and increased mistakes. Let’s take a quick look at some of the repercussions of Jill’s […]

Continue Reading

The Joys of Technology Integration – Part I

The Joys of Technology Integration – Part I

Posted on 31. Jul, 2014 by .

0

Once upon a time there was a woman we’ll call Jill.  Jill worked in a fairly large property management company that handled both commercial and residential property management, so Jill was kept busy. When Jill became a property manager, she was trained on the company’s property management software.  The software was adequate, but didn’t perform […]

Continue Reading

Put it in Writing

Put it in Writing

Posted on 10. Jul, 2014 by .

0

Often, when renting an apartment, tenants are overwhelmed by the amount of information they are given, from the initial apartment viewing, to filling out the application, to getting approved, to finally, moving in.  While it’s important to let all prospective residents know and understand the rules they must abide by when moving into their new […]

Continue Reading

Responding to Maintenance Emergencies

Responding to Maintenance Emergencies

Posted on 01. Jul, 2014 by .

0

Years ago, while living in Las Vegas, a summer thunderstorm wreaked havoc on my apartment.  Lightning eventually struck the roof of my loft, creating a fairly significant hole in the roof.  Since it was late, I placed a bucket under the hole to catch the still-falling rain and called the management office to report the […]

Continue Reading

Making Rent Collection Easier

Making Rent Collection Easier

Posted on 17. Jun, 2014 by .

0

As important as it is for property managers to ensure that rent is received on a timely basis; rental collection is not just important to property managers. Surveys have shown that residents also want an easier way to pay rent. While many smaller management companies have continued to accept checks, many have done away with […]

Continue Reading