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.

4 Factors to Consider When Choosing a Property Management Solution

Finding the Perfect Property Management Software You’re in a highly competitive business and need a performance-driven property management solution to help you be profitable. Having a solution that can centralize and manage the full spectrum of your property operations can help you outperform the competition and grow your business. But the options can be overwhelming.[]

Hurricane

6 Tips to Financially Prepare for a Hurricane

The mention of hurricane preparedness about this time each year is typically directed at homes and businesses along coast lines and brings to mind long lines at home improvement centers for plywood and supplies. Coastal cities and towns typically get hit hardest by hurricanes. But while not a primary driver of insured loss, hurricane risk[]

3 Warning Devices Every Apartment Needs

According to the National Fire Prevention Association (NFPA), about half of home fire deaths result when people are sleeping from 11 p.m. and 7 a.m.  This year’s NFPA campaign, “Hear the Beep Where You Sleep: Every Bedroom Needs a Working Smoke Alarm”, suggests the need for smoke alarms in every bedroom. Structure fires – residential[]

Social Media Updates

What’s New in Social: Customize and Buy

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. For this reason, Property Management Insider has created a weekly series to keep readers up-to-date on the latest trends and updates in social media. Here’s what’s new in social:[]

Renter Retention - MPF Research

August 2015 U.S. Renter Retention, Renewals Rise

Rising Retention Rates Last month, Jay Parsons of MPF research reported renter retention and renewals were on the rise. In fact, retention continues its 20-month run above 50% as renewal rates rise 5.4%. MPF Research provides data and insights into reasons why residents are renewing their leases despite rents increasing: MPF Research assesses recent general conditions in[]

property management growth

7 Must-Have Resources for Apartment Property Management

From setting rent rates to screening residents and managing payments, property management professionals often wear many hats. What are you currently doing to be successful? Multifamily industry leaders have the right resources backing them up, and here are our top seven must-haves to adopt for your property management business today: 1. Revenue Management Take the[]

Energy Efficient Windows

4 Ways your Windows can Help Lower Energy Bills

Making Windows Energy-Efficient Approximately one-third of a home’s total heat loss usually occurs through windows and doors, according to the Natural Defense Resources Council. Escaping heat and intrusive cold air in the winter puts stress on HVAC systems, forcing them to run unnecessarily and consume expensive energy. Eliminating energy loss at windows will help better[]

Tips for Becoming Landlord

20 Ways to Become a Successful Landlord

Passive income. Flexible work schedules. Sunny beaches and fruity margaritas. Living the dream! Well, not exactly. The Life of a Landlord Being a successful landlord is one of the most risky and demanding jobs out there. Marketing, screening, lease renewal strategies, maintenance, accounting, Fair Housing laws, evictions…all part of the daily grind. Every day a rental is occupied[]

drip irrigation system

4 Tips for Conserving Water with Drip Irrigation

For the past few years, drip irrigation systems for residential and commercial uses have been an effective way to not only conserve water but give landscapes the deep watering they need to flourish in any climate. They have become increasingly popular on the apartment landscape – whether by requirement or voluntary implementation – and are[]

Senior and caregiver using mobile

5 Ways Mobile Makes Senior Communities More Efficient

By embracing mobile technology, senior living communities can become as efficient as possible, resulting in happy residents and successful staff. Let’s face it, mobile smartphones influence the daily routines of most senior living residents, their families and community staff. A majority are regularly tuned into their devices to communicate, simplify tasks and get up-to-date information, but[]

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