Posted on 30. Jun, 2015 by Vanessa Naranjo.
California has been making headlines for the drought, but it’s not the only state that’s experiencing water issues, which is why it is more important than ever to learn how you can save water. Trulia recently shared an informative post with seven tips on how you can save water. Their list of tips include: How to […]
Posted on 23. Jun, 2015 by Marc Courtenay.
As we go about our routine responsibilities of serving our owner-clients we often find good deals on residential income properties. That’s true today in smaller markets filled with plentiful opportunities. Bigger cities are the primary markets many investors are focusing on to increase their holdings of income housing. That’s why some of the smaller, out-of-the-spotlight […]
Posted on 18. Jun, 2015 by Marc Courtenay.
Nearly 7 years after the financial crisis of 2008, a time when mortgages seemed available to almost any American, the “American Dream” of owning a home continues to fade. The “old” dream was to save enough money for a down payment on a home that you could own or partly own by qualifying for a […]
Posted on 16. Jun, 2015 by Mary Girsch-Bock.
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 […]
Posted on 11. Jun, 2015 by Vanessa Naranjo.
Increased mobility will continue to play an important role for the modern renter. In this recent article by Axiometrics we see how Millennials are setting the stage for the next generation, a generation of “experiential people.” Click below to see how the rental industry is preparing for Generation Connected and the “experience economy.” Read the full article here
Posted on 09. Jun, 2015 by Mary Girsch-Bock.
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 […]
Posted on 04. Jun, 2015 by Vanessa Naranjo.
Having the right amenities in your property can make or break deals, so if you’re not changing with the times, you could be missing out. Axiometrics recently shared a post discussing how amenities have changed over the years and have varied depending on location. Click below to read more about how pools, gyms, and other amenities are […]
Posted on 02. Jun, 2015 by Marc Courtenay.
The list of quandaries property managers and landlords face when dealing with difficult residents is long. The good news is that solutions exist and having them can make all the difference in the world. Property managers and landlords need to know their rights, the laws of the state they live in, as should residents. When […]
Posted on 28. May, 2015 by Vanessa Naranjo.
It looks like the western and southern apartment markets will lead the way in highest rental revenue and job growth. A recent five year forecast conducted by the experts at Axiometrics showed the”long-term cumulative rental revenue and job growth forecasts for 2015-2020 for 54 of the markets that Axiometrics tracks.” Click below to see what the future holds for […]
Posted on 21. May, 2015 by Vanessa Naranjo.
Graduation season is on the horizon and with that comes a flood of college graduates on the prowl for a job and place to live. The experts at Trulia “set out to help new grads find areas where they can afford to rent and still have some money left over to pay back their student loans.” Their findings […]
Posted on 19. May, 2015 by Mary Girsch-Bock.
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 […]
Posted on 14. May, 2015 by Vanessa Naranjo.
Generation Y is known for a great deal of things – tech-savvy, environmentally conscious, self-expression – that make them a unique bunch. A recent survey held by Rent.com revealed one more thing that this generation is know for: “They’re a generation of movers.” Click below to read more about the reasons behind this latest discovery. Click here […]
Posted on 12. May, 2015 by Marc Courtenay.
As the property management business continues to evolve in this ever-changing world there will always be challenges. “Challenges” are what successful managers call problems and crises. Inherent in every challenge is a solution. Hidden in the emotional mire of a crisis are a number of easily overlooked opportunities. Are you adroit at turning these “lemons” […]
Posted on 07. May, 2015 by Vanessa Naranjo.
Improving energy efficiency can save property managers a ton, but deploying a solution can be a costly. As a result of this “upfront investment of traditional sub-metering” many property owners put off executing a plan. That was the motivation behind the creation of the Power Patch. Multifamily Executive recently shared a post detailing how the power patch […]
Posted on 05. May, 2015 by Marc Courtenay.
Congratulations, you have a secure job where the need for what you do keeps on growing. If you love your work as well you’re especially fortunate. Many people aren’t so lucky. The U.S. Department of Labor on April 30 that initial jobless claims for the week ending April 25 fell by 34,000 to 262,000, below […]
Posted on 30. Apr, 2015 by Mary Girsch-Bock.
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 […]
Posted on 28. Apr, 2015 by Vanessa Naranjo.
Paying rent via check is withstanding the test of time, a problematic trend for property managers who want to transition to electronic payments. The rental market covers a large demographic of economic classes that includes “the very rich, the very poor, and everything in between.” Some renters have bank accounts, and some don’t, which makes it […]
Posted on 21. Apr, 2015 by Marc Courtenay.
Vacancies are filling faster than ever. Rents are slowly rising in many areas of the country. Property managers are busier because many former home owners are choosing to be renters. So why would property managers consider joining an association of their peers? Is it really worth the effort, money and time? According to The National […]
Posted on 16. Apr, 2015 by Vanessa Naranjo.
There’s a multitude of reasons why people prefer the title of renter over homeowner. Being a renter gives you a certain amount of freedom that can be limited with homeownership. Rent.com recently shared a post listing 15 benefits of being a renter, their list includes: Amenities Low utility bills Location options And more… For the full list of reasons, click […]
Posted on 13. Apr, 2015 by Marc Courtenay.
If you’re looking for residents who have incentives to pay their rent on time each month look no further. Those who qualify for federally sponsored housing assistance programs backed by the only organization that can legally print money…the federal government…awaits you! The oldest program has been around nearly 80 years! Section 8 of the Housing […]
Posted on 09. Apr, 2015 by Vanessa Naranjo.
First quarter results are in and it looks like the west coast is leading the way with the lowest vacancy rates. Multifamily Executive recently posted Reis’s list of markets with the lowest vacancy rate for 1Q. Click below to see how your metro ranked. Click here to see the list
Posted on 07. Apr, 2015 by Mary Girsch-Bock.
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 […]
Posted on 02. Apr, 2015 by Mary Girsch-Bock.
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 […]
Posted on 31. Mar, 2015 by Marc Courtenay.
“Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius…and a lot of courage to move in the opposite direction.” – E.F. Schumacher This is the time of year that all states except Arizona “spring forward” into Daylight Savings Time. It’s an auspicious time to sharpen your business […]