Property Management

Property management involves the processes, systems and manpower required to manage the life cycle of rental housing properties, including acquisition, control, accountability, responsibility, maintenance, utilization and disposition. There are many facets to this industry and profession and PMI covers them all.

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How Three Industry Leaders Maximize Mandatory Renters Insurance Compliance

Three industry experts weigh in on how they keep mandatory renters insurance compliance as high as possible. Just because it’s mandatory doesn’t mean your residents will maintain it. That’s been the experience of many properties when it comes to renters insurance. At the recent Crittenden Multifamily West Conference, three industry leaders shared tips for maximizing resident […]

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U.S. Apartment Rent Growth Levels Further Accelerate in Q2

Going into 2015, most prognosticators expected apartment rent growth levels to ease. Halfway into the year, the opposite has occurred. Year-over-year growth in new leases hit a new high for the cycle in Q2 2014, boosted by rapid acceleration in late-recovery markets combined with continued strength elsewhere.

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Resident and Staff Education on Having a Safe Grilling Season

A recent ABC News video shows how the joys of outdoor grilling can go up in smoke in just seconds. Quicker than you can say “make mine a cheeseburger”, fire engulfs a home when flames soar as greasy burgers are flipped. In another scene, the build-up of propane blows the top off a closed grill […]

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Resident and Staff Education Help California Apartments Stay Ahead of the Drought

The California drought is getting down to finger pointing. Watchdogs are tattling on offenders of mandates and restrictions to conserve the public water supply via social media. Or on those who just appear to be wasting what has become a precious resource. In January, California Governor Jerry Brown declared a State of Emergency as the […]

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5 Tips to Help Apartments Snuff out Potential Damage of Wildfires

Drought is easing across the Plains and Midwest after a tumultuous month of heavy rains, but farther west the landscape remains dry as a bone. Lack of moisture in California and other western states has prompted public awareness campaigns to encourage property owners to conduct insurance policy reviews to determine if policies provide adequate coverage […]

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Cap Rate Yield Spread as a Buy or Sell Signal

Real estate investors frequently discuss cap rate spreads as a forward-looking indicator, but is conventional analysis ignoring an important data point? Traditionally, the spread has been thought of in terms of cap rates relative to the 10-year U.S. Treasury bond and Baa corporate bonds. However, there could be another way to look at this time […]

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Fair Housing Hot Topics: As Our World Changes, So Does Application of the Laws

As the world turns, new emphasis is being placed on Fair Housing laws, and apartment owners and operators must stay on top of their games, says attorney Scott Moore, a veteran lawyer who specializes in the housing industry.  During the recent Texas Apartment Association Education Conference & Lone Star Expo in San Antonio, Moore informed […]

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High-Rise v. Garden-Style: Examining the Path to Prosperity

Modern times offer exciting opportunities for direct real estate investors. With properties across the spectrum realizing a significant growth trajectory, real estate investments can offer both attractive returns and diversification benefits. Specifically, apartments offer a long track record of favorable risk-adjusted returns, a higher dividend payout ratio and healthy growth of net operating income (NOI) […]

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High-Tech Apartment Being Put to the Test as Way to Improve Health Care in Senior Community

An elderly resident in an independent living community has gained a considerable amount of weight over the last 24 hours. She hasn’t left her apartment for quite some time, failing to show for afternoon crafts. From the monitoring system that she has in her Smart Care apartment, a notification is sent to a care provider that something […]

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Prepare Your Properties for Hurricane Season No Matter the Forecast

All signs point to a below-normal hurricane season, which is already under way. But that shouldn’t keep folks from being prepared. Some of the most devastating hurricanes have wind-whipped the U.S. in recent years even when predictors forecasted not as much activity. Hurricane season officially began with the kickoff of the Eastern Pacific season in […]

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