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.

Resident Technology in Multifamily: What Residents Really Want

What exactly do residents want? You might be surprised. In a part one of our blog series, we explored the topic of using emerging technology in multifamily. For part two, we dive into the usage of new technology in student housing communities. Recent surveys have shown that when it comes to automation technology in multifamily, residents[]

Home Automation Multifamily

Resident Technology in Multifamily: Look Before You Leap

They’re shiny and they’re bright and you want them. They’re the latest devices and home automation systems that will appeal to prospective renters and bring greater operational efficiencies to your properties. Or will they? Utilizing New Technology in Multifamily There is no doubt that emerging technologies are having an impact on apartment communities. Advancements in[]

How Cloud-Based Technology Can Save Maintenance Teams Time and Money

New tool technology is exceeding traditional definitions of improvements to the power tools that build and maintain multifamily housing. High-tech and blue-tooth enabled tools are not only designed to ease the chores of drilling, sawing and affixin’ but also save time and money. Cloud-Based Technology is Making Maintenance Mobile Tools have come a long way[]

Spend Management Multifamily

Properties can Add PEPP to their Step and Save through Spend Management

How effective are your spend management practices? Not many property managers or owners would turn down an opportunity to save $10,000, or they’d at least take a good look at how to do so. That’s what RealPage says is possible, when using the right spend management solutions. Based on a 200-unit apartment, a comprehensive spend[]

The Hottest Trends in Multifamily Outdoor Living

Summer is right around the corner, and the weather isn’t the only thing heating up. New trends are on the horizon in multifamily, and apartment communities are finding new ways to bring the full indoor living experience outdoors. The National Kitchen & Bath Association identified outdoor kitchens and living spaces as the hottest trends in[]

Apartment Landscapes Grass

How Property Managers can Battle Weeds in Apartment Landscapes

The wetter-than-normal fall and winter in some parts of the country has been quite a relief for landscapes starved by drought in recent years. But there will be a price to pay this year, say landscape professionals and agronomists. In a recent post on the Texas A&M AgriLife Extension Service website, agronomist Dr. Jourdan Bell[]

Maintenance and Residents

10 Ways your Maintenance Team can Improve the Resident Experience

How many times do your residents see the leasing staff compared to the maintenance team? Think about it. Before online payments, leasing office staff could count on seeing a resident up to a dozen times a year, at least when the rent was due. Now with conveniences such as resident portals and online leasing, residents[]

multifamily social media

What’s New in Social: Twitter’s Birthday, Instagram’s Algorithm and Online Video Distribution

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. This weekly series was created to keep readers up-to-date on the latest trends and updates in social media. By creating a strong multifamily social media presence, your property management company is[]

Tarrant Regional Water District IMG_5080

Managing Storm Water Control in Multifamily

The frequency of extreme weather events in some parts of the country has landscapers and water conservationists rethinking storm water drainage and landscape design. While excessive rainfall and heavy runoff or flooding has swept away drought, it has also left some landscapes tattered and in need of repair. Dealing with water control in property management[]

Apartment Pricing Multifamily

Predictive Analysis is Now Leading the Evolution of Apartment Pricing

The modern age of the apartment industry is looking a little like America’s favorite pastime. New advances in revenue management, driven by data science remind many of the sabermetrics now prevalent in baseball. You may recall the story in 2002 of how Oakland A’s general manager Billy Beane, facing a low budget and the loss[]

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