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.
Increase revenue by relying on smarter waste services for your apartment community Trash talk is hardly sexy, especially following a discussion about high-end apartment amenities, but Shawn Handrahan gave it a try at the recent Marcus & Millichap multifamily conference in Dallas. Handrahan is CEO and president of Valet Waste, which provides services for handling[…]
One of the more enlightening panels at the November 2016 NMHC OpTech conference focused on telecom at multifamily properties, a subject that grows increasingly complex as new services and vendors enter the marketplace. Today the issue is more important than ever as broadband has become the most desired amenity among renters, and many owners are[…]
Considering that your employees represent your greatest (and most expensive) asset, shouldn’t you be increasing their value over time just as you would any other investment? Almost every function in property management now involves software. That’s why it’s shocking how many PMCs invest heavily in software, but minimally in training their people to get the[…]
There are no two ways about it: your maintenance team is often the face of your apartment community. So, why not show your appreciation for the value they add to the overall operation of the property and their contribution to resident satisfaction? The New Year is the perfect time to say a special thanks with[…]
Property owners should be aware that the clock will eventually run out on big-ticket amenities like tennis courts. But the end of an era for some apartment perks could signal the beginning for others that ultimately strengthens the community’s bond.
2016 was an eventful year for the property management industry. In case you missed out on our news and insights, we’ve created a recap of the most popular Property Management Insider articles of 2016 to help you improve your business. Here’s a look back are our top 5 articles: 1. Handling Angry Residents Need some advice[…]
Pantone’s Color of the Year for 2017 Signals New Beginnings The outcome of the presidential election may be changing the way that developers, builders, and analysts view the apartment industry in 2017. And it will most certainly inspire how “green” multifamily gets in the coming year – in more ways than one. The incoming administration’s[…]
A new year means interior designers have wiped their palettes clean and reloaded with a fresh set of styles and crazes to outfit living spaces. Exhausted trends have faded into the horizon and new paint styles, kitchen and wall finishes and furniture looks are poised to make a run for multifamily design into 2017. With[…]
Converting an old or broken water fountain into an attractive, low-maintenance amenity is a great way to welcome guests and residents while making a statement for water conservation.
Higher construction and labor costs continue to challenge the housing industry, prompting newer strategies to build multifamily and student housing communities within budget and on schedule. Since the apartment boom launched a few years ago, developers and builders have battled a lack in skilled labor. In the last couple of years, materials prices – namely[…]
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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