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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Using Business Intelligence to Understand your Residents

With a little more than two years of the big data revolution under our belts, some small discoveries in resident information are leading to some colossal changes. The possibilities of monetizing valuable resident data are unlimited, says some industry marketers and number crunchers. Panelists as November’s National Multifamily Housing Council (NMHC) OpTech conference in Orlando […]

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10 Safeguarding Tips to Decorate your Property this Season

For most people, the holidays can be a time for fun and family festivities. As residents deck the halls, communities should be aware of the some of the more common dangers that come with decorating during the holiday season. Ed Wolff, President of LeasingDesk Insurance, says the holidays are a time when residents should remember […]

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A Season for Giving Back: Property Charity Events Ideas

The apartment industry has traditionally been a big participator in charitable endeavors, especially when it comes to this time of the year. Later this month, the Apartment Association of Metro Denver will host its “Ugly Holiday Sweater & Comedy Night Power Mixer” to benefit pediatric brain tumor research. Members are urged to dig out those […]

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7 Helpful Tips to Prevent Fires from Alternative Heating Sources

A warm blast of direct heat does wonders to take the chill off an apartment. But that flow of warm air from a space heater or other heating device can be damaging – and deadly – if left unattended or misused. The National Fire Protection Association (NFPA) and other fire prevention advocates warn that heating […]

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The Nation’s Top 10 Busiest Submarkets: 10. Cedar Park, Texas

The U.S. apartment market has seen elevated construction levels in this cycle. But construction activity has been concentrated in some spots more than others, and MPF Research has identified the nation’s 10 busiest submarkets for construction in this cycle. The submarkets were identified based on inventory growth since 2012, including the total number of units […]

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Marketing Trends Coming to Multifamily in 2015

It has been a good year, especially for the world of marketing. We’ve seen how digital media disrupted apartment marketing in 2014, and how social media has grown in both popularity and usage, giving property managers more ways to engage with residents. Now for the upcoming new year, what marketing trends are on the horizon […]

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The Big Changes Coming to Water Heater Standards

Replacing an apartment water heater that is already a tight fit may pose a big challenge for properties starting next year. With the addition of more insulation, residential water heaters are expected to grow to meet National Appliance Energy Conservation Act of 1987 efficiency mandates that go into effect April 16, 2015. Water heater manufacturers […]

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Got Game? Three Secrets to Gamification in Multifamily

What is Gamification? Gamification is the use of game mechanics and design techniques to motivate people to solve problems or achieve certain goals. It is a key enterprise technology category that Gartner research firm has picked to mature over the next 5-10 years. Gartner’s Hype Cycle suggests gamification has traveled past the Peak of Inflated […]

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4 Facts About Pond Fishing to Replace Top Performers

Losing top performing property management employees, who have long standing and “legacy expertise” within a company, can be difficult. Especially when top performers jump ship for your competitor. After the shock, anger, hard feelings, and the temptation to lure them back wears off, you are still left with an often ginormous vacancy. Some immediately start […]

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Does Apartment Size Matter? A Look at the Demand for Micro Units

Despite what many have heard, growth for these much publicized tiny living spaces may not be as wide-spread as many believe. The presence of micro units, loosely defined at 200-600 square feet, in large urban centers may be more of a novelty than a game changer in the apartment industry, some say. November’s Urban Land […]

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