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[]

Four Ways to Use Social Media at Conferences

Social media has become one of the best ways to gain visibility in front of the audiences that matter. It has also shaped into a tool that helps professionals build and establish their personal brands online. You know the benefits, especially the social media benefits for your business. But where do you start? How do you join the party,[]

New from MPF Research: Student Housing Demand, Square Footage Costs, and the Impact of Flooding

MPF Research provides actionable market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. Do student housing demand drivers make the sector recession-proof? The Great Recession heightened the contrast between the student housing industry and the conventional multifamily market. In turn, student product came to be viewed by investors as[]

commercial property management

Six Reporting Features Every Commercial Property Management System Should Have

As a measure of how critical reporting is in property management, consider this: from 25% to 30% of all implementation efforts center around reporting. That’s because commercial property management professionals are only as good as the data they use to make decisions. If the data is difficult or impossible to retrieve, they’re hamstrung in their[]

multifamily budgeting

Softening the Time Crunch of Multifamily Budgeting

The multifamily budgeting process doesn’t have to consume so much time How much time do you spend each year preparing for and executing the budget?  If you sat down and really analyzed it, you would be pretty shocked. Multifamily and other home leasing segments have made great strides in modernizing operations, marketing and accounting practices[]

affordable housing

New from MPF Research: Top Metros for Employment, Permits and the Future of Affordable Housing

MPF Research provides actionable market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. Where are affordable housing units at greatest risk of expiring? In relation to the number of low-income households, there is a major shortage of designated affordable housing in the U.S. In the latter half of a[]

vendor credentialing

Hire At Your Own Risk: Why You Need a Vendor Credentialing Program

These days, with attorneys begging people to sue from commercials and billboards, it’s shocking there are still PMCs with no comprehensive system for screening the service providers they hire to come on to their properties. Most will eventually pay a high price in one form or another. Their insurer might be forced to pay a[]

learning management

Promoting From Within: Learning Management Meets Talent Management

Boost employees up your ladder with the right resources A solid learning management system is critical to increasing the value of your greatest asset: your employees. This system should make it easy for them to access and pursue their learning, and for managers to monitor who’s doing what. But that’s all about making an employee better[]

renters insurance

Risk Mitigation Through Screening and Renters Insurance

The one-two punch of effective screening and renters insurance An effective screening tool combined with renters insurance can pay dividends for property management companies. A solution that provides an applicant’s apartment rental payment history and offers insurance options protects PMCs and helps create a community of better renters, say industry professionals. The better the renter,[]

New from MPF Research: Metro-Level Rent Growth, Student Housing Supply, Texas’ Energy Sector

MPF Research provides actionable market research to apartment investors and operators. Here’s the latest from RealPage’s multifamily intelligence division. West region dominates top 10 leaderboard for rent growth Among the nation’s major markets, a handful displayed exceptional pricing power in 1st quarter 2017. Keeping with recent trends, each of the nation’s top performing markets could[]

The Qs of Successful Revenue Managers_ Q, EQ and MQ

The Qs of Successful Revenue Managers: IQ, EQ and MQ

One of the most common definitions of revenue management focuses on the “4 rights” – right product, right customer, right time and right price. Before launching revenue management, however, organizations are faced with finding the “right” pricing and revenue manager to lead the charge. Over the past decade, I’ve been fortunate to not only help[]

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