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.

spend management software
 

7 Ways the Right Spend Management Software Empowers Your Staff [eBook]

For properties to stay relevant and competitive, it is a must to strengthen staff purchasing power. Upgrading and training exceptional talent helps to ensure success both now and in the future. Empowering your staff with comprehensive spend management software will fully equip them with the skills and tools necessary to wage battle every day. Here[]

apartment demand
 

NMHC is Up for the Challenge of Meeting Apartment Demand

National Multifamily Housing Council President Doug Bibby is up for another big challenge, one that may consume the rest of his career in the apartment industry. With apartment demand projected to reach an additional 4.6 million households by 2030, he’ll have plenty to work on. And it may be no different than in 2001 when[]

multifamily learning management system
 

EasyLMS Becomes First True Multilingual Multifamily Learning Management System

In many parts of the U.S., Spanish speakers now make up a large part of the maintenance and housekeeping staff at many multifamily properties. And while Spanish versions of courses are now part of most multifamily learning management systems, they’ve only partly solved the difficulty of the Spanish speaker’s experience. Why? Because while the course[]

multifamily property
 

How to Prepare Your Multifamily Property for Winter

As we’ve all heard countless times before from our favorite sports coaches, the best offense is a good defense, and readying your multifamily property for winter is no different. A preventative weatherization program will help you catch small problems before they blossom into huge problems, thus saving you thousands of dollars and hours of headaches[]

LED lights
 

Fact or Fiction? LED Lights are a Smart Choice for Multifamily

Light-emitting diode or LED lights have been evolving at a rapid pace since becoming mainstream about a decade ago. The market was expected to reach $30.5 billion in 2016, up from $25.7 billion the previous year. Today, lighting pros say that LED efficiencies are improving, lasting longer and will continue to replace other lights in[]

vendor credentialing
 

How Does Vendor Credentialing Protect Your Property?

Vendor credentialing provides advantages that save time, money and provide protection for your property. You wouldn’t allow a tenant to move in without a background check, so why do business with a vendor who hasn’t been thoroughly vetted? Compliance Depot Vendor Credentialing software background checks vendors and makes sure their insurance, financial standing and background[]

decking materials
 

Upgrade Your Apartment Community with New Decking Materials

The arrival of fall means that your residents will likely be spending more time outdoors for cookouts, quiet conversation and general relaxation. In southern climates, patios made from concrete and decorative stone and pavers have proven to withstand weather and traffic during every season, making their installation preferable at apartments. Traditionally, wooden decks have required[]

automation
 

Finding the Balance Between Automation and Human Touch

Automation has its place in business and multifamily today. Busy workplaces and lifestyles require a little digital help when real, live, breathing humans can’t get to the phone or digital device. But not everything should be reduced to a digital series of commands or questions before narrowing down to an answer, place or resolution. At[]

business intelligence software
 

Using Business Intelligence, Benchmarking to Determine ROI on Renovations

A fact of multifamily is that apartments have to make ongoing investments to stay competitive in today’s market. A renovation or value-add strategy can align an older property to better compete with a newer community down the street, even one in a higher class. Community-wide overhauls of flooring, cabinets and appliances refresh units to attract[]

renter amenities
 

NMHC/Kingsley Report: Renters Prefer the Basics in Amenities

Apartment operators shouldn’t assume that today’s preferred renter amenities are defined by the regions where they operate. The 2017 National Multifamily Housing Council/Kingsley Renter Preference Report unveiled in October suggests apartment residents around the country have some very distinct favorites that don’t necessarily jive with where they live. The bi-annual report, which drew 272,000 responses[]

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