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.
Student housing is unlike other types in one very important way: once a year, at the very same time, most of the residents vacate. And around two weeks later, the rooms are rented again. This “turn” is a short period in which an awful lot has to happen – the most significant being the inspection,[…]
Updates from America’s #1 source of multifamily research data, MPF Research. In a recent article, we began a countdown of the nation’s 10 most active submarkets for apartment construction with two Texas hot spots: #9 (Far Northwest San Antonio) and #10 (Austin’s Cedar Park). #8: Central Orlando, Florida The #8 position goes to Central Orlando[…]
Forecasters say the 2016 Atlantic hurricane season could be stronger than previously thought, and the National Oceanic and Atmospheric Administration warns that coastal residents should have their hurricane preparedness plans in place and monitor the latest forecast. What was deemed in May to be a below average season with 10-16 named storms is now expected[…]
As one might expect, a couple of quips on the topic of sex charged a packed house at the beginning of a Fair Housing session at the National Apartment Association’s Education Conference & Expo in San Francisco. But the mood soon got serious when attorneys for Kimball, Tirey & St. John began sharing eye-opening sexual[…]
They are a marketing nightmare for any rental property, no matter the class and size. Their antennae are unsightly and certainly won’t pick up a cell phone signal. Some are very social and seek common shelter. They are considered dirty and offensive, enough that renters will move in a heartbeat if they are not extricated[…]
Industry, multifamily working to overcome slow adoption of smart home technology The path to smart home technology adoption in multifamily maintains a twisting route navigated with short steps, much like the pace of the industry that promises systems to propel residential living of the future into the next galaxy. The subject has been a hot[…]
Don’t let mosquitoes cause disruptions for your residents and their pets. Once thought of as merely a backyard pest, mosquitoes have become a serious public health threat in recent years. The warmer months are a prime time for the insects to disrupt outdoor events and turn summer evenings into itchy, scratchy affairs. According to the[…]
The gasps resonated across the room when one gentleman told his story of a near miss of sensitive information being compromised. He recalled that the phone call that day appeared to be like any other coming into a leasing office. But the caller wasn’t looking for an apartment. Instead, a detective informed him that about[…]
The age of social media, video games and virtual living is opening the minds and designs of a new generation of architects that is creating today’s housing choices. Rather than designing via more traditional methods, Millennial architects are inspired by what they’ve seen on their desktops, phones and tablets. Architecture industry leaders believe that the[…]
The apartment industry is finding better ways to keep from getting floored by high turnover costs when it comes to providing effective walkable surfaces under residents’ feet. Hard-surface floors are replacing many carpeted areas in apartments, and going down by offering long-term savings to property owners and a more stylish look for renters. Vinyl plank[…]
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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