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Property Management and Noise Pollution Noise pollution is an everyday event. Acceptable levels of noise vary as much as the type of property in question. For purposes of this conversation we narrow the scope to garden-style multifamily property.As more people work from home noise factors become...
Apartment Marketing: Collecting Customer Feedback How often do you survey existing clients (residents)? Every major consumer brand does this as religion. How do companies find out what their customers are thinking? They ask them. They want to know, right from the horse's mouth, how are we doing?Why is this...
What is the Value of a Single Lease Renewal? Whether you operate a shoe shine stand or a multifamily property your business is built on renewals, or re-occurring income from existing customers. In multifamily, a high percentage renewal rate makes for a much more predictable income stream.The value of a lease...
Five Proactive Ways to Gain Lease Renewals Forget about gimmicks; let's stick with tried and true. There is a certain course of action that allows for continuity in customer contact on property and a high rate of lease renewals.For starters, if there is a leasing office on site, having posted hours is a...
Multifamily Financing: Divide and Conquer Loan documentation. Paperwork. There is no way out. There are numerous parts to obtaining a new commercial loan. Where many people go wrong is in assuming that the task of getting to closing is the job of someone else. If not you, then who? Instead of pointing...
Home Ownership: A Cornerstone of Community? The historic base for the home-ownership rate in the United States is 63%. This rate almost touched 70% in the early 2000's before crashing back to the historic norm. Now at 63% pundits presume it will remain there into the near future. An interesting fact is...
Multifamily Demographics: Five Places to Find Open Source Data Sets Demographic information is an important component of making real estate investment decisions. It is also expensive to acquire. However, there are places on the web that can provide quality information to get you started in the right direction before having to devote...
500 Resumes Just Arrived… Which One is The Property Management SuperStar? Finding a new SuperStar for your property management company is never any easy task, especially in our current economic climate. In addition, a recent article published by the Society of Human Resource Management {SHRM} says, “over 50 percent of the information...

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