Fostering a Culture of Learning Pays Bottom-Line Benefits - employee training

Fostering a Culture of Learning Pays Bottom-Line Benefits

Many see employee training as a necessary evil – a boring to-do that interferes with “real” work and often ends up on a back burner, or at best is limited to checking the boxes of required courses completed. But the truth is that an engaging, effective employee training program of ongoing learning is vital to motivating,[]

Why Outsourcing Accounting Will Give Your Company a Competitive Edge

Since arriving in the information technology world almost four decades ago, outsourcing has evolved into a key business practice across many industries. It’s no longer the butt of jokes, like when EDS and IBM set wheels in motion in the 1980s for companies to hand off internal routine computer maintenance and administration to overseas work[]

resident screening

Sizing Up Your Applicants Through Debt to Income

As the U.S. economy generally continues an upward tick, household debt has eclipsed that of levels in 2008 leading into the Great Depression. Total household debt has increased by $149 billion to $12.73 trillion. Depending on who you talk to, that should cause alarm. But economists argue that the economic condition is now much healthier[]

LED lights

How Lighting Upgrades Can Benefit Residents and Multifamily Operations

We know that LED lights grows plants quicker and healthier than other methods, including natural sunlight. Sunlight contains the full spectrum of colors, giving plants the information needed to grow. Tinkering with this spectrum, which LED lights allow with precision, elicits known and specific responses. Increase the amount of red, yellow, orange and green, and[]

property management software

RealPage’s Property Management Software Positions Ferndale Realty Group for Growth

Still processing on-site transactions at the home office, Ferndale was concerned that they were close to reaching the limit of properties they could handle without financial performance at individual assets suffering. RealPage software’s ease of use convinced them to push transactions out to the properties—and set their sights on expansion. Based in Illinois and managing[]

apartment market research

New from MPF Research: Houston Occupancy, Vegas Rents and Top Markets for Completions, Jobs and Permits

MPF Research provides actionable apartment market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. Houston’s operable apartment stock essentially full in September Post-Hurricane Harvey, Houston’s occupancy and rent growth levels have increased. Price hikes, though, are modest and indicate operators are mindful of assisting displaced Houstonians. A new report[]

assisted living

Redirecting the Path to Affordable Senior Living and Assisted Care

The forecast for the future of affordable senior living and assisted living is sure to be analyzed and dissected greater than any sub-market meteorologist. The LeadingAge Annual Meeting & Expo in New Orleans, billed as the largest annual gathering of aging services providers in the country, is sure to have lively discussions on the direction[]

energy efficiency

In Multifamily, Energy Efficiency Equals Fiscal Efficiency

Mary Nitschke, director of ancillary services for Prometheus Real Estate Group in San Mateo, California, is a regular case study presenter at the Energy Summit in Washington, D.C. each year. With 13,000 units and another 2,600 in the pipeline, her company is the largest privately owned developer in the San Francisco Bay Area. Being a[]

Job cost

Finally: Integrated, Unit-Level Job Cost Tracking for Every Kind of Project, Every Kind of Property

To accurately track expenses for new developments, unit renovations, tenant improvements and other capital projects, you have three choices: Excel A standalone job costing solution An integrated job costing solution RealPage Job Costing integrates with general ledger, accounts payable, purchasing, fixed assets and commercial property management. The importance of this can’t be overstated: all these functions[]

property management

7 Tips to Improve Your Property Management Expenses and Financials

The accounting, purchasing, and budgeting processes in property management don’t have to be painful. Managing the complexities of a large or small portfolio of apartments and other lease properties requires a keen eye and efficient processes. And as difficult and cumbersome as it may sound to blend all the moving parts of property management into[]

submeters

The Business Case for Submeters

Few features are as compelling. It improves cash flow. It increases property value. It simplifies your relationship with residents. Installing submeters eliminates one of the highest expenses on a property with a pay-off term between 14 to 18 months. They increase net operating income (NOI) and make a property’s rents more competitive. Social bonus: They[]

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