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.

Purchasing Strategy Multifamily

How to Capitalize on Your Purchasing Strategy

Multifamily properties are valuable to their vendors, but sharing the wealth could put apartments at a disadvantage. Jennifer Lester, Vice President Vendor Management/Strategic Purchasing Advisory Service at RealPage, says a common mistake properties make is having too many vendors in their stable. At RealWorld in July, a team of purchasing specialists talked about effective techniques[]

Shine a Light on Multifamily with the Latest Lighting Trends

Innovations in light-emitting diode (LED) lighting have changed the way we look at things. Today’s LED lighting has become a bright, proven solution to the replacement of incandescent lighting that has been phased out over the years. With that, new trends in indoor and outdoor fixtures are emerging, while taking advantage of LED’s efficiencies and[]

renter population

A Look Into the Growth of the Renter Population

The government still favors homeowners over renters. Time for a change? Any opinions expressed here are solely those of the writer. The U.S. government has traditionally supported significant tax breaks and other measures to prod its citizens towards home ownership. The assumption has been that home ownership is the cornerstone of the American Dream, allowing[]

property management

Property Management Pest Control: Bed Bugs Know Colors

Entomologists say that bed bugs, the property management industry’s pest enemy number one, like certain colors, especially red and black. But suggesting to apartment residents that they avoid dark sheets may be going a little overboard when trying to keep the little buggers away. A recent University of Florida study revealed that the tiny, hard-shelled pests[]

multifamily

The Olympic Village: A Study in Creative Multifamily Thinking

When you think of the Olympic Village, what comes to mind? Is it scores of world-class athletes working hard to be the fastest or strongest? Maybe it’s a festive atmosphere where people from all walks of life meet and mingle. Most likely, you don’t think of economic development or multifamily. And yet an Olympic village can[]

renters insurance

Overcoming the Challenges of Renters Insurance

Renters insurance adoption has gained ground in the last few years, but it still lags behind the percentage of homeowners who are protecting their assets. A big reason may be that many homes are either insured to meet mortgage requirements or owners get it that perhaps their single greatest personal asset needs to be protected[]

Student Housing: Turning to Technology for the Turn

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,[]

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