Posted on 22. Jan, 2013 by Marc Courtenay.
It’s official! Home prices are on track to have their first yearly gain since 2006. This would make it the strongest year of price growth since home prices began to plunge, reaching their nadir in 2009.
Posted on 17. Jan, 2013 by Bryan Ives.
Renting has become an economic and lifestyle choice for more than half (57%) of those under the age of 34 and 46% of those under the age of 45. The United States population seems to favor apartment living, and according to the National Apartment Association (NAA), this trend will continue for many years to come.
Posted on 15. Jan, 2013 by Mary Girsch-Bock.
Leasing up your apartment community can be challenging in the best of time. But for smaller property management companies or those managing smaller properties, it can become even more difficult to compete with larger companies with a more robust marketing budget.
Posted on 11. Jan, 2013 by Marc Courtenay.
This thoughtful topic came to my attention as I was reading the PropertyManager.com discussion page at LinkedIn. My first reaction was, “Wouldn’t it be nice if we lived in a world where these kinds of people-to-people discussions could be mutually beneficial and rewarding.”
Posted on 08. Jan, 2013 by Marc Courtenay.
An investor friend of mine called recently to ask if I could recommend some competent property managers in our area. Fortunately I knew of several so I gave him the names plus the pros and cons of each one (my way of being helpful and objective). In the course of our conversation he told me that mid-range houses were being snapped up by income-oriented investors the same day they were put on the market for sale.
Posted on 28. Dec, 2012 by Bryan Ives.
We co-hosted a great webinar with Grace Hill, featuring Darnell Holloway, Manager of Local Business Outreach at Yelp.com. Darnell covered a lot of material in this webinar from outlining the Yelp basics to unlocking your free online business tools.
Posted on 28. Dec, 2012 by Mary Girsch-Bock.
With the exception of the retail sector, business is typically slow during the holidays, and the property management business is no exception. Leasing rates between mid-November and December 31st can be extremely slow for even the most visible properties, with the units that are vacant at the end of October statistically more likely to still be vacant at the end of the year.
Posted on 20. Dec, 2012 by Marc Courtenay.
Everybody’s talking about it and there are some big, publicly-traded companies that specialize in Customer Relations Management (CRM). I had no idea how big of a topic this was until my associates at Casey Research brought me up to date.
Posted on 17. Dec, 2012 by Mary Girsch-Bock.
The end of the year is always a time of reflection; what we’ve accomplished, what we would like to change, what we need to improve.
Posted on 12. Dec, 2012 by Marc Courtenay.
Hope this article reaches you on time, because this is the #1 time of the year to let your owner-clients and your staff know how much you appreciate them. Don’t be alarmed if you’ve put this off or forgot, because here’s two easy ways to keep from being The Grinch.
Posted on 10. Dec, 2012 by Marc Courtenay.
On almost a daily basis I hear anecdotal reports of syndicated investors as well as rogue opportunists seeking to find bargain houses that they can buy, fix up and rent out. At the same time the number of Americans who can’t qualify for a mortgage or don’t have enough money for a down payment is on the rise.
Posted on 07. Dec, 2012 by Nora Betz.
We hosted a fantastic webinar this year featuring Robert Locke on the topic of increasing your revenue in order to run a more successful and profitable property management business. In the webinar we learned that the single most important event that starts your revenue stream pumping out money is the “move-in.”
Posted on 05. Dec, 2012 by Bryan Ives.
Choosing the right property management software can be a challenging process for many property managers. This eBook (originally published in ’50 Interviews with Successful Property Managers’) breaks down each factor you should consider when selecting the best software solution for your business.
Posted on 03. Dec, 2012 by Mary Girsch-Bock.
While all properties are not well-suited to offering month to month leases, there are a variety of reasons why it would prove profitable for property managers to investigate the possibility of doing so.
Posted on 29. Nov, 2012 by Leonard Baron.
If you are thinking about buying some rental properties as investments, you should probably understand how to project cash flows and evaluate the investment returns you hope to achieve on your hard earned invested cash equity.
Posted on 27. Nov, 2012 by Mary Girsch-Bock.
Twenty years ago it was difficult to find apartment communities that would rent to pet owners. For years, dogs and cats were not welcome at the majority of apartment communities, with managers citing a variety of reasons, some valid, others merely an excuse in disguise.
Posted on 21. Nov, 2012 by Bryan Ives.
It is estimated that about 80 million Gen Y Renters will hit the rental market in the near future. While developers adapt to meet the needs of this informed and tech savvy group, property managers should also address the changes that need to be made in order to attract these renters.
Posted on 20. Nov, 2012 by Marc Courtenay.
“Imagination is more important than knowledge” said Nobel-prize winning physicist Albert Einstein (1879-1955), one of the greatest thinkers of the past century. Dr. Einstein knew that the creative process begins with the use of our imagination.
Posted on 16. Nov, 2012 by Marc Courtenay.
In this fast-paced, information-overloaded age that we live in, it’s more important than ever to know where to go for answers, help and solutions for your property management career.That’s why this site has grown more popular with each passing year.
Posted on 15. Nov, 2012 by Bryan Ives.
We work with many property managers that want to learn best practices related to budgeting. In this eBook, we’ve collaborated with an expert to provide you with each and every line item that drives Effective Rent.
Posted on 09. Nov, 2012 by Marc Courtenay.
Is now a good time to buy a house? Yes, if you’re able to do so. For the third month in a row the price of the average house in most regions of the country moved higher, albeit not by an impressive amount. When it comes to the number of home sales, the picture didn’t look so bright last month.
Posted on 07. Nov, 2012 by Jennifer Newton.
Want to nurture the relationship between your rental property and the rest of the block and promote literacy at the same time?
Posted on 06. Nov, 2012 by Bryan Ives.
Understanding the preferences of residents enhances your ability to deliver the amenities and customer service your residents want.