Tag Archives: owners

Are Foreclosures a Great Property Management Opportunity?

Are Foreclosures a Great Property Management Opportunity?

Posted on 27. Aug, 2010 by Marc Courtenay.

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On top of recent news that housing activity is at it’s lowest since WWII comes the latest news about foreclosures all around the USA. This is what those of us watching the mortgage reset schedule have been anticipating, and it could spell unequaled opportunity for the property management business.
The number of U.S. homes lost to [...]

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NYC Short-Term Apartment Rental Ban Approved

NYC Short-Term Apartment Rental Ban Approved

Posted on 04. Aug, 2010 by Aimee Miller.

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The New York legislature passed a bill in early July that eliminates New York City apartment rentals that are less than 30 days. Many thought Gov. Paterson would veto this bill given his comments leading up to his decision.

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Real Estate Brokers Turn to Managing Properties

Real Estate Brokers Turn to Managing Properties

Posted on 27. Jul, 2010 by Jonathan Brownfield.

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The real estate market, as everyone knows, has been on the decline for years. The real estate industry is looking into other niches to make up for lost revenue; one of these niches is residential property management.

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Keeping Residents and Property Owners Happy

Keeping Residents and Property Owners Happy

Posted on 20. Jul, 2010 by Marc Courtenay.

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If there is one thing that all property managers want it’s an over abundance of qualified potential residents. Many property managers are trying to make it easier for prospective residents to sign that rental agreement. That can be one of those trade-offs that sometimes disappoint your owner-clients and existing residents.

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How Property Managers Protect Their Owner Relationships

How Property Managers Protect Their Owner Relationships

Posted on 13. May, 2010 by Marc Courtenay.

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This is an opportunistic time for property managers throughout the U.S.A. Not only are there growing numbers of potential “residents” looking for homes to rent or lease, but there are record numbers of owners who are not quite satisfied with their current property manager.

I hope that your clients are not one of those dissatisfied owners.

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Renting vs. Home Ownership in the Current Market

Renting vs. Home Ownership in the Current Market

Posted on 27. Oct, 2009 by Marc Courtenay.

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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, appliances, [...]

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2 More Ideas on How Property Managers Can Prosper in Today’s Economy: Part 2

2 More Ideas on How Property Managers Can Prosper in Today’s Economy: Part 2

Posted on 04. Sep, 2009 by Jennifer Newton.

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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 [...]

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Who Wants to Earn a Steady Income? 5 Best Practices to Find New Property Management Clients

Who Wants to Earn a Steady Income? 5 Best Practices to Find New Property Management Clients

Posted on 25. Aug, 2009 by Russell Munz.

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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 over [...]

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2 Ideas on How Property Managers Can Prosper in Today’s Economy: Part 1

2 Ideas on How Property Managers Can Prosper in Today’s Economy: Part 1

Posted on 21. Aug, 2009 by Jennifer Newton.

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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 [...]

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The Dawn of Outrageous Opportunities for Property Managers

The Dawn of Outrageous Opportunities for Property Managers

Posted on 06. Aug, 2009 by Marc Courtenay.

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Interviewing property managers these days has been a very interesting experience. That’s because these are “the best of times and the worst of times” for property managers.
After all, on the west coast of the U.S.A. vacancy rates are up sharply. One Portland, Oregon property manager said he can’t remember a time when he has placed [...]

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Does a Landlord Have to Accept Section 8 Vouchers?

Does a Landlord Have to Accept Section 8 Vouchers?

Posted on 30. Jul, 2009 by Robert Machado.

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While HomePointe (my property management business) does accept any legal source of income, our clients reserve the right to not participate in the Section 8 Program. The Section 8 Program involves signing a government lease, not ours. It also involves submitting to mandatory inspections both at move in and annually. Finally, it also mandates longer [...]

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Service Sells: 5 Rules of Property Management Customer Service

Service Sells: 5 Rules of Property Management Customer Service

Posted on 28. Jul, 2009 by Aimee Miller.

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Have you ever read a website or a company description that says something like…”We pride ourselves on delivering terrible service. Really, great service is expensive and we don’t think it is worth it so instead of great service we will provide pretty adequate to bad service. Thanks for your business.” Probably not! Really, we all [...]

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Property Management Best Practices to Protect Property Values

Property Management Best Practices to Protect Property Values

Posted on 23. Jul, 2009 by Agi Anderson.

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Property Documentation with Photographs
“A picture is worth a 1000 words,” holds true with protecting investments for your owners. Make certain you take first-rate photos prior to move-in, digital photography makes this a simple, effective task. Show the condition of the entire property inside and out. Include; appliances, fixtures, walls, flooring and every room of the [...]

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Challenges and Solutions for Residential Property Managers – Part 2

Challenges and Solutions for Residential Property Managers – Part 2

Posted on 14. Jul, 2009 by Marc Courtenay.

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What an exciting time for residential property managers! As successful people well know, a crisis can equal an opportunity.
In Part 1 of Challenges and Solutions for Residential Property Managers, I discussed how property managers can attract and retain residents, even in today’s economic climate. For this article I’ll turn my attention to owners.
One of the [...]

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