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.
The apartment industry is getting more savvy about using big data to better evaluate operating performance. New technology is making better sense of the abundance of information that is emerging every day from multifamily housing portfolios small and large. Software solutions that integrate with apartment management platforms are capable of analyzing more information so that[…]
Floorplans, tile and carpet choices and color schemes done right can be eye candy for prospective residents when touring apartments. But there are other amenities that can leave powerful, lasting impressions with prospects. Room temperature, door locks, irrigation and security systems that can be controlled by smartphones, plus water-saving devices, are some simple, readily accessible[…]
The Supreme Court’s landmark decision on whether the Fair Housing Act supports the concept of disparate impact in housing discrimination cases is likely to open Pandora’s Box. The 5-4 ruling in June means a run on new and pending claims, housing industry experts say. In an attempt to clarify a long-standing issue, the high court[…]
Apartment models can leave a lasting impression with potential renters, making the difference between securing a new lease and watching the one that got away. Models staged to meet current trends and designs are more inviting to prospective residents, say apartment industry style gurus who presented at the recent National Apartment Association’s Education Conference &[…]
Today’s mobile devices are amazing … but are you making the most out of it? Russ Webb bets not. That’s why he’s on a mission to share how tablets and smartphones can increase productivity and do just about anything possible. Webb, vice president of the Atlanta and Georgia Apartment Associations, spreads the gospel by teaching[…]
Cross-Device Measurement, “Native Ad” Simplification and Automation of Deal Terms to Boost Effectiveness of Online Marketing Three important changes coming online at Google are going to help savvy property managers more effectively advertise, evaluate results, and even ensure their advertising agreements are accurately carried out. Share the following information with your marketing people to be[…]
In the past, price setters have relied on weekly or periodic calls with on-site staff to finesse rates to drive traffic and secure leases. Today’s software systems, however, do much of the legwork by helping determine rates based on daily and historical market trends and other factors. In turn, they reduce the number of hours[…]
The excessive Las Vegas heat probably kept many National Apartment Association conference attendees from stealing away to the golf course. Good thing, because they would’ve missed some cool stuff. This year’s Education Conference & Exposition at the Mandalay Bay in June was much more than four days of industry banter. As record heat basted the Strip,[…]
Three industry experts weigh in on how they keep mandatory renters insurance compliance as high as possible. Just because it’s mandatory doesn’t mean your residents will maintain it. That’s been the experience of many properties when it comes to renters insurance. At the recent Crittenden Multifamily West Conference, three industry leaders shared tips for maximizing resident[…]
A recent ABC News video shows how the joys of outdoor grilling can go up in smoke in just seconds. Quicker than you can say “make mine a cheeseburger”, fire engulfs a home when flames soar as greasy burgers are flipped. In another scene, the build-up of propane blows the top off a closed grill[…]
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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