Posted on 05. Nov, 2009 by Jonathan Brownfield.
We recently held a contest here at PropertyManager.com asking property managers to submit their worst move-out photo(s) to be entered into a drawing for an iPod shuffle. We thought it best not to disclose any names because these photos are just too gross. So, if you’re having a hard day remember that it could always [...]
Posted on 03. Nov, 2009 by Lynn Dover.
Do any of these questions sound familiar to you? “I have a resident who wants grab bars installed in her shower. Are we required to install them for her?” “Our property was built in the 1970s. Today, one of our residents came in to the office and said that he needs a ramp built over [...]
Posted on 30. Oct, 2009 by Jonathan Brownfield.
Lori Snider, Property Management Marketing Expert and Professional Speaker, explores the current trends affecting marketing, sales, employees and business. In the below video recording (and slide deck) of the Oct. 29 web seminar, learn what’s coming in 2010, understand how these trends affect the overall business climate and learn creative ideas on how to grow [...]
Posted on 27. Oct, 2009 by Marc Courtenay.
Allow me to cut to the chase. Two million people have lost jobs since January 2008; and many economists say that only two-thirds will return to work by 2013. This year’s shocking 12% decline in manufacturing production underscores this reality. For many workers whose jobs were tied to housing, autos, textiles, plastics, fabricated metals, furniture, [...]
Posted on 21. Oct, 2009 by Jonathan Brownfield.
Welcome to our live coverage of NARPM’s 21st Annual Convention and Trade Show in sunny Orlando, FL. This year’s theme is “Let the Magic Begin” (event website) and begin it does October 21st at the Buena Vista Palace Hotel & Spa. Check back here often for updates.
Posted on 20. Oct, 2009 by Jonathan Brownfield.
Posted on 15. Oct, 2009 by Heather Blume.
I adore Halloween. I love it almost as much as I love Christmas, and I am one of those weird people who has multiple Christmas trees in their house. I started decorating the other day for Halloween, putting up my glow in the dark skeletons and using that black light sensitive spider webbing to coat [...]
Posted on 12. Oct, 2009 by Albert Oaten.
GET CONNECTED! Last month I attended the 2009 RHA Multifamily Conference & Expo (event website) in Boston, MA (Hynes Convention Center). The theme for the show was all about getting connected. With speakers such as Bob Slater (COO of Bell Partners) and Wes Ball (founder of The Ball Group) the conference focuses on growth and [...]
Posted on 08. Oct, 2009 by Marc Courtenay.
The “science” of being an effective Residential Property Manager changes with the times and the priorities that our society establishes. Part 1 of this article covers ways in which property managers attract and retain residents with green incentives. Today’s homeowners and home-renters are motivated to save energy and be “earth friendly.” That is why the [...]
Posted on 07. Oct, 2009 by Heather Blume.
Let’s play a game. I’m going to show you two pictures and I want you to pick which dog you think would be a better fur-resident in your community, bearing in mind your current pet policy and your own personal prejudices and biases to certain dogs.
Posted on 29. Sep, 2009 by Jamie Sternberg.
Vacancy rates are rising; rental rates are falling; resident retention is becoming more difficult; water, sewer and trash rates are increasing; and the overall economic forecast looks bleak – there is no doubt that these are challenging times for the rental housing industry. Competition for residents is stiff, and property owners and management companies are [...]
Posted on 24. Sep, 2009 by Aimee Miller.
Recently I had the opportunity to chat with Todd Breen (South East Regional Director, FARPM; Faculty at the Property Management Academy in Florida) about how his company (www.624home.com) makes the Section 8 program profitable. While I was stuck in the office, Todd was actually spearfishing on a yacht in Florida…this is the fish he skewered! [...]
Posted on 21. Sep, 2009 by Aimee Miller.
Here are three sites I’ve found that help property managers compare things that are worth comparing: Average rental rates This is a helpful tool from RentBits (link). It lets you compare rents for apartments and houses in many geographic areas. It has an easy interface and you can see both the average and median prices [...]
Posted on 17. Sep, 2009 by Heather Blume.
I’m very lucky in the fact that, after moving out here years ago, I found/developed an amazing group of friends. They’ve taught me the differences between college friendships and adult friendships, (biggest difference being that when you throw a party in college, people bring beer and there’s major clean up…as an adult, they bring wine [...]
Posted on 15. Sep, 2009 by Aimee Miller.
In a recent survey of residential property managers, we found that 83 percent plan to grow their business this year and many are using the Internet to expand their marketing reach. This session covered the following topics: Highlights of a recent survey of property managers – learn how they are going beyond simple rent reductions [...]
Posted on 14. Sep, 2009 by Aimee Miller.
I recently had the chance to speak with Nick Scarabosio from Jackson Group Property Management in San Francisco, CA. San Francisco is a competitive market and you have to be thinking of creative ways to reach your audience…and Nick is pretty creative! Aimee: How has your property management marketing changed over the past couple of [...]
Posted on 10. Sep, 2009 by Albert Oaten.
Posted on 04. Sep, 2009 by Jennifer Newton.
This is the second part of my article on best practices for property managers to continue to grow their business, even during our tough economy. In the first article I talked about providing excellent service to both types of your clients – owners and residents. My second two best practices are around building a strong [...]
Posted on 31. Aug, 2009 by Marc Courtenay.
There has never been a better time for creative ways to attract and retain the kind of residents you want to rent or lease your properties. Appealing to thoughtful, conscientious and responsible people is actually easier than you think. When I was a practicing counselor (I have an M.S. in Psychology with an emphasis in [...]
Posted on 31. Aug, 2009 by Aimee Miller.
Our webinar on Wednesday 8/26 (5 Steps to Get More from Your Online Marketing) was a great success! Thanks to Brent for co-hosting this event and to Mike Whaling from 30Lines for being so knowledgeable and fun to listen to. Here is the entire recorded webinar including the audio. Mike did such a great job [...]
Posted on 27. Aug, 2009 by Albert Oaten.
Welcome to the 2009 FAA Education Conference & Trade Show. The Florida Apartment Association’s theme for this year’s show is “Catch the Next Wave…Industry Innovations” which will center around marketing and customer service, technology and training, and green initiatives. Myself and Annemarie Price will be bringing you images, observations and commentary throughout the show. So, [...]
Posted on 25. Aug, 2009 by Russell Munz.
It’s not who wants to be a millionaire these days, it’s who wants to earn a steady income. Nine years ago my business partner asked me to grow the property management business so it would pay the bills during a bad real estate market. Now our firm Pyramid Real Estate Group in Stamford Connecticut has [...]
Posted on 21. Aug, 2009 by Jennifer Newton.
I believe that property managers have the opportunity to get more clients during this recession so they emerge with an even stronger infrastructure once the economy turns around. Here is the first part of my thoughts on four areas to focus on right now so you can prosper in today’s economy. This article will cover [...]
Posted on 18. Aug, 2009 by Heather Blume.
I think it should be a requirement for people who work in the multifamily industry to rent an apartment, at communities they don’t directly work at, for at least 5 years, moving at least once every 24 months. What would possess me to make such an outlandish request of my fellow industry compatriots? One word: [...]