Five Ways to Create a Powerful Spend Management Program

When revenue management gets more scrutinized during shifts in market cycles (such as is the case now in the apartment industry), focus on expenses becomes more intense. Offsetting deficits of dollars coming in can, in many cases, be achieved by juggling the dollars going out. That seems to be top of mind for many stakeholders,[]

New from MPF Research 2Q Macroeconomic, Lending and Permit Snapshots

New from MPF Research: 2Q Macroeconomic, Lending and Permit Snapshots

It’s important to stay up-to-date on the latest in the industry, MPF Research in the nation’s leading source of multifamily research. Recently, MPF released an infographic depicting the health of the overall economy as of 2Q 2016, for those interested in how the apartment sector might be affected.   A second infographic illustrates the multifamily financing[]

apartment amenities

Amenity Envy: How Much is Too Much?

A golf simulator room? Really? Believe it or not, Multifamily Insiders reports earlier this year that it is one of the hot differentiators popping up as multifamily properties compete to appeal to young professional renters in an increasingly competitive environment. So long to using granite countertops and hardwood flooring as compelling reasons to lease an[]

budgeting season

8 Ways to Prepare for Budgeting Season

8 tips to ready a web-based accounting system before budgeting season. Like baseball has spring training and football training camp, budgeting has its own pre-season. It’s the time before the crunch that property managers and administrators prepare for planning the next year’s budget. Or at least they should be. Never mind the two-a-days, budgeting preparation shouldn’t[]

renter population

A Look Into the Growth of the Renter Population

The government still favors homeowners over renters. Time for a change? Any opinions expressed here are solely those of the writer. The U.S. government has traditionally supported significant tax breaks and other measures to prod its citizens towards home ownership. The assumption has been that home ownership is the cornerstone of the American Dream, allowing[]

renter nation

The Shift Toward Renter Nation

A consistent sentiment among multifamily housing leasing professionals is to know your resident and understand that one size does not fit all. The industry has strived in recent years to appeal as much as possible to individual preferences, especially in lease processes, while keeping a keen eye on the trends that drive folks to rental[]

budgeting season

7 Ways to Make Budgeting Season Less Painful

Yes, it’s arrived, like a distant a relative who you wish would not visit and definitely not stay. It’s budgeting season. A regional manager once quipped, “I’d rather have root canal surgery once a week than create the budget.” Ouch! Why is this such a dreadful time of year? The year is making the turn[]

apartment marketing

Instagram 101: How to Engage Residents with Visual Content

It’s crucial for property management professionals to find innovative ways to connect with prospects and generate business, and social media is a powerful tool to help. In this special edition of What’s New in Social, expert Kerie Kerstetter of Canonball shares the best ways for property management companies to leverage Instagram for apartment marketing. When comparing[]

property management

Property Management Pest Control: Bed Bugs Know Colors

Entomologists say that bed bugs, the property management industry’s pest enemy number one, like certain colors, especially red and black. But suggesting to apartment residents that they avoid dark sheets may be going a little overboard when trying to keep the little buggers away. A recent University of Florida study revealed that the tiny, hard-shelled pests[]

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