News

More News

If Rent Rates Rise Will More Renters Buy Houses?

If Rent Rates Rise Will More Renters Buy Houses?

Posted on 22. Dec, 2010 by .

2

In some areas and regions in the U.S. rental rates are actually increasing along with demand. “As rents rise and the cost of home ownership declines, owning is becoming more attractive,” notes California real estate analyst John Burns in a recent CNBC report.

Continue Reading

Big Goals Are Possible…In Manageable Chunks

Big Goals Are Possible…In Manageable Chunks

Posted on 16. Dec, 2010 by .

0

National Novel Writing Month, or NaNoWriMo as it’s called, happens every November. It’s one of those self challenges that we often take on, “Just to see if we can do it.” The goal for NaNoWriMo is to write a 50,000 word novel in just 30 days.

Continue Reading

Housing Crisis is an Ongoing Regional Opportunity

Housing Crisis is an Ongoing Regional Opportunity

Posted on 14. Dec, 2010 by .

0

The facts and statistics speak for themselves. The number of people losing their homes is soaring. Lenders seized more U.S. homes this summer than in any three-month stretch since the housing market began to bust in 2006. But many of the foreclosures have been challenged in court.

Continue Reading

Preparing Your Properties for Winter

Preparing Your Properties for Winter

Posted on 09. Dec, 2010 by .

0

Depending on where your properties are located, you may find yourself spending weeks preparing them for the cold winter months. Even those in more temperate climates will need to do some basic housekeeping in order to keep maintenance calls in check.

Continue Reading

Part 2: The Right Team is Your #1 Ingredient for Success

Part 2: The Right Team is Your #1 Ingredient for Success

Posted on 07. Dec, 2010 by .

10

This is the second post in a two part series based on the book Good to Great by Jim Collins. We will discuss making the right hiring decisions, turning loose of bad behavior and making sure personal competencies fit roles and responsibilities.

Continue Reading

Helpful Holiday Facebook Strategies for Property Managers

Helpful Holiday Facebook Strategies for Property Managers

Posted on 03. Dec, 2010 by .

2

How can an apartment community build their fan count by appealing to the good will of others? Below are two strategies to kick off a brainstorming session this holiday season.

Continue Reading

Cash Versus Accrual Accounting – Which is Right for You?

Cash Versus Accrual Accounting – Which is Right for You?

Posted on 02. Dec, 2010 by .

0

There are distinct differences between cash accounting and accrual accounting methods. When setting up your company for the first time, you’ll have to choose which of these accounting methods you will be using for recording accounting transactions.

Continue Reading

The Right Team Is Your #1 Ingredient For Success In Property Management

The Right Team Is Your #1 Ingredient For Success In Property Management

Posted on 23. Nov, 2010 by .

8

This is the first of a two part series where I will be using the book Good to Great by Jim Collins to talk about the topic of people. In the book Jim and his team of very talented researches dig up a few practical principles used by companies to differentiate themselves from the crowd.

Continue Reading

To Fee or Not to Fee, That Is the Question

To Fee or Not to Fee, That Is the Question

Posted on 17. Nov, 2010 by .

0

One of the many ways property managers earn a living is by charging fees for their services. And those fees can add up to a significant amount. Not wanting to nickel and dime the owners they work for, some property managers will absorb various costs or give away some of the extra time spent dealing with administrative issues.

Continue Reading

Keeping Properties Safe Over the Holidays

Keeping Properties Safe Over the Holidays

Posted on 11. Nov, 2010 by .

5

We all know that November and December are the busiest months of the year for travel. That means that while your residents are enjoying a Thanksgiving feast or unwrapping presents, their apartment or home will likely be empty.

Continue Reading

Five Easy Ways to Give Your Rentals More Curb Appeal

Five Easy Ways to Give Your Rentals More Curb Appeal

Posted on 09. Nov, 2010 by .

0

If your rental properties make a great first impression then potential residents will want to see what’s on the inside. This article will focus on rental properties with five units or less, and is especially applicable for rental houses.

Continue Reading

Bank Reconciliation Best Practices for Property Management

Bank Reconciliation Best Practices for Property Management

Posted on 05. Nov, 2010 by .

0

I’ll admit that bank reconciliations are a pet peeve of mine. Not the bank reconciliations themselves, but the number of people who routinely toss them in the ‘to do’ pile, leaving them sit for a month – or three.

Continue Reading

Uh-Oh. My Facebook Fan Page is Filled with Vacancy Postings

Uh-Oh. My Facebook Fan Page is Filled with Vacancy Postings

Posted on 03. Nov, 2010 by .

2

Now that you’ve created a Facebook Fan Page for your Property Management company you need to actually post things to it that are interesting to your audience! If your Facebook Fan pages are filled with vacancies, updates and specials, it will take you a while to build a great fan base. Ask yourself – what would I find interesting, useful or entertaining?

Continue Reading

Six Simple Actions That Keep Your Apartment Community ‘Tip of Tongue’

Six Simple Actions That Keep Your Apartment Community ‘Tip of Tongue’

Posted on 27. Oct, 2010 by .

12

For a lot of people, searching for an apartment is one of those dreaded but necessary experiences you have to go through from time to time. It ranks up there with paying taxes, putting gas in your car and getting a haircut. People are busy and the process of searching for a new place to live just is not that much fun.

Continue Reading

Standing Out In a Crowd of Property Management Companies

Standing Out In a Crowd of Property Management Companies

Posted on 15. Oct, 2010 by .

3

There are more property management companies operating today than ever before. With the increased competition, it might be time to evaluate what you can do to make your company stand out from the rest.

Continue Reading

Live from NARPM’s 22nd Annual Convention and Trade Show

Live from NARPM’s 22nd Annual Convention and Trade Show

Posted on 14. Oct, 2010 by .

0

Welcome to our coverage of NARPM’s 22nd Annual Convention and Trade Show in Seattle, WA at the Seattle Sheraton Downtown. This year’s theme is “Dare To Soar”. Please, feel free to share your experiences in the comments area at the bottom of this post.

Continue Reading

A Little Distance Can Help You Solve Big Property Management Problems

A Little Distance Can Help You Solve Big Property Management Problems

Posted on 12. Oct, 2010 by .

1

Sometimes, all it takes is a little distance. For the last month, I’ve been in a pretty deep problem. I followed my usual method of just sitting down and the keyboard and trying to let things simply “flow” but it seemed like someone or something had plopped the Hoover Dam right down across my creativity river.

Continue Reading

Preparing Your Property Management Office for Year’s End

Preparing Your Property Management Office for Year’s End

Posted on 07. Oct, 2010 by .

0

Just a few short months ago, you were enjoying the hot summer sun. Suddenly it’s September, which means only one thing; the end of the year is rapidly approaching.

Continue Reading

Webinar Recap: Increase Your Occupancy In a Down Market with Mindy Williams

Webinar Recap: Increase Your Occupancy In a Down Market with Mindy Williams

Posted on 05. Oct, 2010 by .

0

We were fortunate to have Mindy Williams (President of RentandRetain.com and Apartment All Stars co-creator) as a featured presenter on our Webinar titled “How to Increase Your Occupancy in a Down Market”.

Continue Reading

Using Social Media in the Property Management Business: Interview with Kayla Morris Roeder, Cambridge Management Group

Using Social Media in the Property Management Business: Interview with Kayla Morris Roeder, Cambridge Management Group

Posted on 30. Sep, 2010 by .

7

Kayla is one of the Owners of Cambridge Management Group and is also on the Board of Directors at the San Diego Apartment Association. Recently I was able to interview her and ask her about how she uses social media in her business.

Continue Reading

Interview with Lisa Trosien, Multifamily Industry Expert

Interview with Lisa Trosien, Multifamily Industry Expert

Posted on 27. Sep, 2010 by .

1

If you’re in the multifamily industry you have probably heard of Lisa Trosien. Lisa will be contributing articles to Property Manager.com and we started with a few questions to learn more about her perspective on important trends, marketing activities property managers should prioritize and the one thing she hates about her job!

Continue Reading

The Future of Fannie Mae and Freddie Mac Will Impact the Rental Housing Market

The Future of Fannie Mae and Freddie Mac Will Impact the Rental Housing Market

Posted on 21. Sep, 2010 by .

0

Let’s face it, there would be no market for housing today without the federal government. Over the past 24 months, Washington has taken extraordinary steps to keep home loans available and affordable. That caused a tentative housing recovery last year. Home sales perked up after their four-year decline.

Continue Reading

Nurturing a Long-Term Relationship with Residents

Nurturing a Long-Term Relationship with Residents

Posted on 15. Sep, 2010 by .

0

Turnover in any industry is costly. That’s why it’s in the best interests of your bottom line to seek out residents who might stick around longer than just a year (and certainly longer than a month if you use a month-to-month lease).

Continue Reading

5 Signs That It is Time To Upgrade Your Property Management Software

5 Signs That It is Time To Upgrade Your Property Management Software

Posted on 10. Sep, 2010 by .

0

Property managers ask a lot from their software products. We expect those products to do everything from posting accounting entries for us, to crediting our bank account when we write a check. But what happens when a software product stops doing the things we ask it to do? Just how do you determine when it’s time to upgrade your software?

Continue Reading