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.
The blinking, streaming barrage of lights on WOPR in NORAD’s computer room in 1983 was some sight. Flickering green, yellow, red and orange, lights danced and jittered with critical defense information in the science-fiction thriller, “War Games.” When young hacker David Lightman quickly walks by WOPR as its running war simulations over and over until[…]
Complete property management accounting software drives workforce efficiency, decreases costs, and creates flexible and integrated reports for both corporate and property accounting—at a low total cost of ownership. Best of all, it does this in one place. RealPage accounting software can integrate your reporting options and provide multiple distinct options for reporting. Every standard report[…]
Learning management systems have become indispensable assets for property management and multifamily training programs. A successful multifamily learning management system will increase the speed and effectiveness of employee learning and improve the value of an entire company. With technological changes and the rapid rate of change in the property management industry, it is important that[…]
Contracting with a waste management vendor is the first step toward getting the ball rolling on community recycling. But the presence of recycling bins isn’t always enough to get residents involved in one of the most common earth-friendly initiatives. The success of any multifamily recycling program comes from within. Property managers and leasing staff hold[…]
The market demand for rental properties is growing and changing fast. In order to compete, your business needs to be in the best shape possible. A whole business approach is required to stay ahead of the game in an ever-changing, highly competitive market. RealPage’s fully-integrated property management software offers a holistic focus, assessing the needs[…]
Lower interest rates and larger loans are fueling energy conservation inside multifamily housing operations across the country, bolstering the bottom line of owners and the wallets of residents. Fannie Mae, Freddie Mac, HUD and the Federal Housing Authority (FHA) offer multiple loan discounts that recognize apartment properties that use less energy. Apartment buildings with energy-saving[…]
Wildfires are an inevitable environmental concern when living in an area with high temperatures and low humidity. While they are a powerful, destructive force that can engulf entire communities, your property does not have to go up in flames. What causes one home to burn while a neighbor’s home remains largely undisturbed? Read on to learn about[…]
Congratulations! You have a fantastic product. Newsflash! Your competitor has a fantastic product, too. Do you offer the latest, greatest, extraordinarily unique leasing training program? So does your competitor. So, 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[…]
Labor Day may signal the unofficial last day of summer, the final big opportunity for outdoor gatherings, but as cooler weather approaches the desire of your residents to chill on patios, decks and outside common areas doesn’t fade. If anything, more people will frequent conversational areas like fire pits and around the grill. The sad fact[…]
Good business sometimes relies on playing hunches. A property manager may have a gut feeling that it’s time to increase new rents and settle in for longer-term leases. Or that upgrading floors in each unit will net even higher rents and give the bottom line an extra lift. Great business leaders will tell you that following[…]
Earnings matter. This is as true in energy, industrials and consumer staples as it is in real estate...
Congratulations! You have a fantastic product. Newsflash! Your competitor has a fantastic product, t...
Multifamily owners will sometimes find themselves non-compliant because of a misinterpretation of th...
An automated vending machine generating $2,500 in weekly revenue is most likely not selling just can...
When it officially stamps hoarding as a disorder in May, the American Psychiatric Association will c...
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