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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Avoiding a Property Nightmare

Keep these Spooky Signs in Mind You might enjoy getting freaked out this time of year, but operating an apartment community doesn’t have to be scary . In many instances, property nightmares can take many forms for onsite managers. However, there are ways you can control your property and keep it from becoming a nightmare to […]

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6 Ways to Ring in the Holidays with your Residents

Celebrating the holidays can be a fun and easy opportunity to bring your residents together. Because this is one of the best times of the year to get residents involved, facilitate some family-friendly activities that will entertain all the members of your community. Here are several easy ways to engage residents during the holidays: 1. […]

MiamiMPF
 

Miami’s Apartment Sector Holding Up as Big Supply Wave Looms

Construction for both condos and apartments has surged to big levels in Miami. At this point in the cycle, little has actually completed – so fundamentals remain strong. But what will happen when all of this for-sale and rental supply hits the market?

StinkBug
 

The Bugs are Back: The Start of Stink Bug Season

The arrival of cooler fall temperatures signals the start of stink bug season, when the insects seek the warmth of apartments. Leave it to a few pests to really stink things up. The bugs, which are on the rise in the U.S., are particularly uninviting. They are an ugly, annoying, and stubborn pest. Even when crushed or […]

Market
 

Does a Peek into the Past Provide a Baseline for the Future?

By all accounts, from fundamental metrics to anecdotal offerings, the multifamily market is red hot. As a result, apartment rent growth levels have been on the rise, and surged to 3.7% nationally during the past year. With so much upward momentum, we wondered how much further rent growth levels can grow. As such, we asked […]

Top Traits of Leasing Consultants
 

Top 5 Traits of the Greatest Leasing Consultants in the World

Congratulations! You have a fantastic product. Newsflash! Your competitor has a fantastic product, too. You offer the latest, greatest, extraordinarily unique leasing training program? So does your competitor. Well, your leasing office is slick, stylish, and the leasing office is equipped with the best mobile technology money can buy. Have you visited your neighbor lately? […]

Compliance
 

How Properties Can Stay a Step Ahead of Accessibility Compliance

What an apartment owner or manager doesn’t know about accessibility can literally be costly. Properties that are non-compliant to provisions of the Fair Housing Amendments Act of 1988 and American’s With Disabilities Act of 1990 subject themselves to millions of dollars in damages. Most often, violators could prevent such exposure if only they’d fully understood […]

Crisis Communication Plan
 

4 Quick Tips to Help You Form a Crisis Communications Plan

As a property manager, protecting residents is your number one priority. Because of this, crisis management should be an essential part of your property management business. A crisis can be any situation that is threatening or could threaten to harm people or property, seriously interrupt operations, damage reputation and/or negatively impact the bottom line.  Even […]

Senior Care Questions
 

5 Questions to Ask Adult Children Seeking Senior Living Services

Movie actress Bette Davis once said that getting old isn’t for sissies. While many of today’s seniors will likely agree with that, so will adult children who care for or are making life decisions for their aging parents. Aging populations are creating a demand for independent or assisted living communities while also placing heavy responsibilities […]

Smoke Alarm
 

Food for Thought: Smoke Alarm Safety in your Home

A survey conducted by ORC International on behalf of Kidde Fire Safety reports that almost five times as many Americans know the shelf life of a Twinkie over the recommended operating life of a smoke alarm. Gooey Carbs 1, Fire Safety 0. Not surprising when you think about it. Chalk another one up to Americans’ […]

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