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.

Severe Weather

Weathering the Storm: 7 Ways to Prepare for Severe Weather Season

According to ready.gov, about 10 percent of thunderstorms are classified as severe. These are storms that produce hail at least an inch or larger in diameter, have winds of 58 miles per hour or higher or produce a tornado. Many storms come with lightning as well. Homes and apartments can be damaged when thunderbolts strike,[]

Going Smoke-Free in Government-Subsidized Housing

Recent data released by the Centers for Disease Control and Prevention (CDC) regarding the benefits of going smoke-free in government-subsidized housing raises points to ponder for residents and landlords. In this study done by the CDC, going smoke-free in all government-subsidized housing would save an estimated $497 million per year in housing costs and related health[]

The Great Outdoors: Creating a Community for your Residents

Last year, the 202-unit Western Station repurposed a seldom used laundry room and volleyball court into a cozy community area that encourages residents to gather and relax, and hopefully entices prospective residents on board. It’s too early to tell how well a new outdoor gathering spot charged with all the king’s men is contributing to[]

Homeownership Trends by Age of Household

What does the propensity to rent tell us about the renter pool? You can gain a new perspective by breaking down complex subject matter into smaller digestible parts. When analyzing the apartment sector, factors that determine the health of the market could be simplified into three core data points: capital market, labor market, and demographics.[]

Creating Pollinator-Friendly Gardens can Benefit Bees and Properties

With pollinator-friendly gardens, apartments can add a little color and variety to their landscapes and at the same time help preserve the bee population. The bee population, which pollinates flowering plants that help produce up to a third of the world’s food, has been in significant decline in recent years. The National Pest Management Association (NPMA) is[]

Upcoming Webinar: Creating the Right Social Media Strategy for your Property

Social media has completely shaken up the way we market to consumers, and this stands true for the multifamily industry. As a property manager, are you using social media in your apartment marketing mix? And if you are using it, are you doing it correctly? Imagine how effective your marketing efforts could be with the right plan[]

How Revenue Management Systems Make Leasing and Renewals Easier

With rising rent rates in the apartment market, property managers are looking for the best way to maximize revenues. A revenue management system potentially could be the answer. Mrs. Johnson has been a good tenant since arriving at the community several years ago. She leased her two-bedroom apartment at a great rate when occupancy levels[]

HUD Fair Housing App

HUD Launches Fair Housing App

We kick off our coverage of Fair Housing Month with a look at the HUD housing discrimination mobile app for iPhone and iPad, which provides the public with a quick and easy way to learn about their housing rights and to file housing discrimination complaints.

3 Tips for Inspiring the Team with No Fans

What if you were the only fan, or even worse, playing on a team with no fans? If you are a fan of team sports, you can bet you are not alone. But, what if you were? While people are motivated by different things: money, success, recognition, status, etc., these are not the only things[]

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