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6 Ways to Make Your Properties Sustainable

6 Ways to Make Your Properties Sustainable

Posted on 15. Mar, 2016 by .

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In Part I, we discussed ways in which you can build a sustainable property management model for your office. In Part II, we’ll look at ways in which you can build a sustainable model for your properties. Building efficiencies into your property is one of the easiest ways to introduce sustainability into your property operations. […]

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4 Tips for a More Sustainable Property Management Office

4 Tips for a More Sustainable Property Management Office

Posted on 08. Mar, 2016 by .

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Merriam-Webster defines the word Sustainable as “able to be used without being completely used up or destroyed; involving methods that do not completely use up or destroy natural resources; and able to last of continue for a long time.” In everyday operations, we all do things that are not sustainable. Things like rent concessions can […]

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Property Managers – Work Smarter Not Just Harder

Property Managers – Work Smarter Not Just Harder

Posted on 01. Mar, 2016 by .

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“It’s not enough to be busy. So are the ants. The question is what are we busy about?” –Henry David Thoreau Each of us accomplishes our work one day at a time. We work hard, yet it’s easy to forget that we have untapped intelligence and ingenuity to achieve a better life for ourselves and our […]

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5 Ways to Avoid Rental Scams

5 Ways to Avoid Rental Scams

Posted on 18. Feb, 2016 by .

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While Craigslist and other online venues can be a valuable asset for locating tenants, it’s helpful to proceed with caution. Remember, not all online property management scams are directed at potential tenants. Property management companies can also find themselves the target of scammers in a variety of ways. If you typically post detailed rental information […]

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Proactive Property Managers Reach Out to Outstanding Residential Renters

Proactive Property Managers Reach Out to Outstanding Residential Renters

Posted on 11. Feb, 2016 by .

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There are two groups of dynamic business-people doing all they can to connect with highly qualified residential renters: successful income investors and proactive property managers. Successful income investors know that right now is prime time to increase their property portfolios. As the cost of borrowing goes down they can leverage more purchases and expand their […]

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Modern Rent Collection Methods for Property Managers

Modern Rent Collection Methods for Property Managers

Posted on 09. Feb, 2016 by .

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Today, property managers find themselves in a tough spot. With baby boomers looking to downsize from their home in the suburbs, and recent college graduates entering the rental market for the first time, property managers can find it difficult to know exactly how to market to and communicate with these two very different groups. So […]

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Running Criminal Background Checks on Prospective Tenants

Running Criminal Background Checks on Prospective Tenants

Posted on 04. Feb, 2016 by .

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One of the most difficult problems a property manager can face is the incidence of crime on the properties they manage. While there is no full proof system for eliminating all crime, proper screening procedures can go a long way to ensuring that those with a criminal or sex offender background are not inadvertently approved […]

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Reaching Your Potential as a Self-Actualized Property Manager

Reaching Your Potential as a Self-Actualized Property Manager

Posted on 26. Jan, 2016 by .

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“What a person can be, she must be. This need we call self-actualization.” This quote, from the father of the self-actualization movement Abraham Maslow, crystallizes why this article is important. Are you a property manager because that’s what you truly want to do as a profession? Is your work simply a job or is it your calling, […]

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6 Keys to Successful Property Management

6 Keys to Successful Property Management

Posted on 21. Jan, 2016 by .

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As a property manager, do you ever feel stuck in the mundane routine of your weekly responsibilities? Are you overwhelmed by the magnitude of the responsibilities that define your important career? If you answered yes to both or either question, don’t feel alone. Every honest property manager I’ve ever spoken with has confessed that at […]

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Do You Screen Your Contractors?

Do You Screen Your Contractors?

Posted on 19. Jan, 2016 by .

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While many property management companies have a maintenance staff that is able to handle most tasks, there will likely be a time when a job will need to be outsourced to an outside contractor. While most property managers carefully screen job applicants when making hiring decisions to ward off possible issues, and carefully screen renters […]

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Smart Property Managers Ask the Right Questions

Smart Property Managers Ask the Right Questions

Posted on 14. Jan, 2016 by .

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The next time you attend a party or large gathering, look around at the group clusters that invariably form. Choose a couple of them to quietly walk up to and stand on the perimeter with rapt attention. What you’re likely to hear if you listen carefully is that there are three kinds of people in each group. […]

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7 Resident Retention Ideas for the New Year

7 Resident Retention Ideas for the New Year

Posted on 07. Jan, 2016 by .

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The end of one year and the beginning of a new one is a great time to consider new ideas for retaining employees and those vital folks who pay the rent every month: our valued property residents. Recently I sat down with a 40-year property management superstar (in my humble opinion) to learn her latest views […]

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Property Managers’ Money Saving Strategies for 2016

Property Managers’ Money Saving Strategies for 2016

Posted on 05. Jan, 2016 by .

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As one year ends and another begins, property managers throughout the nation are becoming more aware of strategies to cut costs and increase profits. Here are some timely tips and ideas. Revisit your most time-consuming operations to discover how technology can improve efficiencies. Speak to both your inside and outside technology field reps for helpful […]

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4 New Years Resolutions Every Property Manager Can Keep

4 New Years Resolutions Every Property Manager Can Keep

Posted on 22. Dec, 2015 by .

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With the New Year just around the corner, you’ve probably begun to think about your resolutions for the coming year. Why not resolve to tackle the issues that have proven to be your nemesis? While the list will vary widely from manager to manager, there’s likely a few things that all will agree would be of […]

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Go Paperless in 2016

Go Paperless in 2016

Posted on 18. Dec, 2015 by .

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The typical property management office is inundated with paperwork – everything from applications to leases, lease addendums, move-out paperwork, and security deposit refunds. Now, imagine your office without paper. No stacks of applications waiting to be filed. No leases or move-out paperwork stacked on a leasing agent’s desk. Kind of hard to do, isn’t it? […]

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How to Celebrate the Holidays with Your Renters

How to Celebrate the Holidays with Your Renters

Posted on 08. Dec, 2015 by .

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During November and December, the holidays often take center stage, and the property management community is no exception. And each November and December, property managers are often faced with a dilemma – how should they celebrate the holidays at their community? While this typically is not a problem for those managing single-family homes, managers at […]

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HOAs – 7 Insights for Property Managers

HOAs – 7 Insights for Property Managers

Posted on 01. Dec, 2015 by .

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As more single-family subdivisions are built and more apartment complexes convert to condominiums, many form Home Owner Associations (HOA). These are opportunities for good property management! Many an HOA would prefer not to deal directly with the myriad issues of coping with the needs of owners and their renter-residents. Enforcement of the Covenants, Conditions and […]

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Property Manager Potpourri of Gratitude and Good Ideas

Property Manager Potpourri of Gratitude and Good Ideas

Posted on 24. Nov, 2015 by .

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The following is my open letter to the property managers and readers of my articles. It is intended to make a meaningful, positive difference in your professional and personal lives. Dear Property Managers and Other Readers, This is the time of year that motivates me to thank you for being a part of our extended […]

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Property Managers Emphasize Time Efficiency

Property Managers Emphasize Time Efficiency

Posted on 17. Nov, 2015 by .

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All of us in the business of property management wish there were more hours in the day to complete our work. Yet as the old saying goes “Time waits for no one…” and few have time to waste. Yes, more time is often what we want most, observed William Penn, “…but what we use worst.” By […]

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Preparing Your Properties for El Niño

Preparing Your Properties for El Niño

Posted on 12. Nov, 2015 by .

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While preparing for winter weather is a common occurrence for property managers throughout the country, the preparation for this year’s winter may be slightly different. The National Oceanic and Atmospheric Administration (NOAA) has predicted the return of El Niño this winter; one of the strongest on record. The return of El Niño means a shifting […]

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Why Property Managers Need Powerful Advocates

Why Property Managers Need Powerful Advocates

Posted on 05. Nov, 2015 by .

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When I first spoke with Marshall Saunders, a 30-year veteran in the Midwest real estate market who owned and ran the largest RE/MAX office in the world, I knew he’d be an effective advocate. It wasn’t even because he now owns a leading midwestern real estate investment platform, SaundersDailey, which led me to believe he […]

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Preparing Your Business for the New Year

Preparing Your Business for the New Year

Posted on 03. Nov, 2015 by .

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It’s never too early to prepare for year end. Because year end is typically when new systems are implemented, new software purchased, or current work wrapped up, the sooner you can get a jump on these items the better. Here are some things you can finish up now to make a fresh start for the New […]

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Discover the Secrets to Increased Success

Discover the Secrets to Increased Success

Posted on 29. Oct, 2015 by .

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Whether it’s the last quarter of your business year or the first, knowing some secrets that help you to increase your business’ results can really pay off. Let’s begin with a powerful starting point. Napoleon Hill, the author of one of my favorite books on success (“Think and Grow Rich”) made this observation: “The starting […]

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The 2016 Property Management Office

The 2016 Property Management Office

Posted on 12. Oct, 2015 by .

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In 1985, the life of a property manager was primarily driven by paperwork. Tenant applications, move-in forms, move-out forms, leases, leasing bonuses, move-out forms, rent receipts, maintenance requests, and work orders; everything required a piece of paper of some kind. Fast forward 30 years, and many property managers and residents may marvel at the tools available for […]

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