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.
It’s crucial for property management professionals to find innovative ways to connect with prospects and generate business, and social media is a powerful tool to help. Here are some of the latest social media marketing trends to watch: Twitter Cuts Vine Last week Twitter announced the shutdown of Vine, their popular short-form video platform. This news[…]
We continue to track the Twitter-based chats going on between property managers on Apartment Chat glean smart management tips. The theme of a recent chat was “Philanthropy and Community Involvement.” It was based on the fact that the huge number of people across the country who live and work in apartments can constitute a large[…]
The Return of the MOR: No, that is not the title of an old horror movie, but many in the affordable housing industry are horrified at what this means. Rest assured—in this article, we’ll provide the background information and tips you need to be prepared for a Management Occupancy Review, or an MOR. The History[…]
What an apartment owner or manager doesn’t know about accessibility compliance 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[…]
It’s crucial for property management professionals to find innovative ways to connect with prospects and generate business, and social media is a powerful tool to help. Here are some of the latest social media marketing trends to watch: Pinterest Hits 150 Million Looks like things are about to get even more “pinteresting”. This month, Pinterest[…]
The recent jury award of $800,000 to a Maryland renter for a bed bug infestation could understandably have the multifamily and rental housing industries a little on edge lately. Is this lawsuit settlement a harbinger of things to come? Possibly, but at the very least the case highlights a growth in bed bug lawsuits nationwide.
Reaching Gen Z may seem more akin to throwing darts at balloons on a spinning wheel. The generation lives on multiple devices, drifts back and forth from one to the other and checks in multiple times each day. Maintaining pace with this ever-mobile generation now entering the housing space is creating quite a stir. Like[…]
Virtual apartment tours enable marketing teams to lure prospects into units with accurate renderings of what life can be like in a community, just one example of how technology has shaped multifamily housing. That same technology is helping create a similar look and feel of the property’s landscape, long before the first shovel of dirt[…]
Expect the flames fueling a razor-hot student housing market to maintain through the end of the year and into next year. Executives at the National Multifamily Housing Council’s Student Housing Conference and Exposition in New Orleans in September said this year’s record-setting market shouldn’t cool much, even if the federal government finally pushes through a[…]
The apartment market is going strong. U.S. apartment occupancy is up to 96.2% and annual rent growth is averaging between 4% to 5%. Your property management company is probably doing well. In fact, very well. But if you could save $50 annually per unit on a 200-unit property, you could be doing even better—without adding[…]
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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