The Keys to Operational and Revenue Success in Multifamily

This October in Dallas, a climate where supply outpaces demand in some markets, multifamily leaders met to discuss how to get more revenue out of their Texas assets. Discussions focused on how to maximize amenities and get the biggest return on the dollar by basically understanding what residents really want through their actions. At the[]

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[]

multifamily business intelligence software

You Don’t Have to Be Smart to Use Business Intelligence

The blinking, streaming barrage of lights on WOPR in NORAD’s computer room in 1983 was some sight. Flickering green, yellow, red and orange, lights danced and jittered with critical defense information in the science-fiction thriller, “War Games.” When young hacker David Lightman quickly walks by WOPR as its running war simulations over and over until[]

The Influential Women in Multifamily Housing Industry

The Influential Women in Multifamily Housing Industry

I am grateful to work in the multifamily industry amongst so many talented leaders and advisors and the women in multifamily do not dissapoint. From Sue Ansel’s practice of continuously putting one foot in front of the other and leading with her chin to “see if there’s another opportunity,” to Cindy Clare’s desire to “see[]

property management accounting software

How Complete is Your Property Management Accounting Software? [eBook]

Complete property management accounting software drives workforce efficiency, decreases costs, and creates flexible and integrated reports for both corporate and property accounting—at a low total cost of ownership. Best of all, it does this in one place. RealPage accounting software can integrate your reporting options and provide multiple distinct options for reporting. Every standard report[]

apartment market research

New from MPF Research: 3Q Market Update, Hurricane-Damaged Units, Steady Performing Markets

MPF Research provides actionable apartment market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division.    U.S. apartment market sees moderate rent growth, healthy occupancy in 3Q Moderate growth in U.S. apartment rents registered again in 3rd quarter 2017, as the market remained essentially full. The complete U.S. findings on[]

What Makes a Successful Multifamily Learning Program? [eBook]

Learning management systems have become indispensable assets for property management and multifamily training programs. A successful multifamily learning management system will increase the speed and effectiveness of employee learning and improve the value of an entire company. With technological changes and the rapid rate of change in the property management industry, it is important that[]

community recycling

Adopting Recycling is Becoming Easier and More Desirable in Multifamily

Contracting with a waste management vendor is the first step toward getting the ball rolling on community recycling. But the presence of recycling bins isn’t always enough to get residents involved in one of the most common earth-friendly initiatives. The success of any multifamily recycling program comes from within. Property managers and leasing staff hold[]

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