Overcoming the Hurdles of Payments in the Affordable Housing Industry

Online payment adoption is rising steadily in conventional multifamily and leading to the expectation of more self-service opportunities for renters. Recent industry information shows a continued shift of traditional payment methods away from the leasing office. Since 2015, paying rent on line has increased and estimates are that 55 percent of the apartment industry will[]

5 Easy Tips to Help Managers Improve Forecasting

Budget preparation for 2015 is entering the home stretch for many companies, and soon performance will dictate how well the numbers have been prepared. How well a budget performs is determined by a number of factors, such as changing economic conditions, market behavior, and management practices. Consistent forecasting helps leadership see a snapshot of where[]

ENERGY STAR® includes Broader Scope of Apartments in Rating System

The multifamily housing industry finally has its long-awaited energy rating system that now covers the whole nine yards. In September, the Environmental Protection Agency (EPA) rolled out its new 1-100 ENERGY STAR rating system, culminating a three-year effort to create an equitable energy efficiency scoring system for multifamily properties. Beginning Sept. 16, apartments of all[]

Avoiding a Property Nightmare

Keep these Spooky Signs in Mind You might enjoy getting freaked out this time of year, but operating an apartment community doesn’t have to be scary . In many instances, property nightmares can take many forms for onsite managers. However, there are ways you can control your property and keep it from becoming a nightmare to[]

6 Ways to Ring in the Holidays with your Residents

Celebrating the holidays can be a fun and easy opportunity to bring your residents together. Because this is one of the best times of the year to get residents involved, facilitate some family-friendly activities that will entertain all the members of your community. Here are several easy ways to engage residents during the holidays: 1.[]

The Bugs are Back: The Start of Stink Bug Season

The arrival of cooler fall temperatures signals the start of stink bug season, when the insects seek the warmth of apartments. Leave it to a few pests to really stink things up. The bugs, which are on the rise in the U.S., are particularly uninviting. They are an ugly, annoying, and stubborn pest. Even when crushed or[]

Crisis Communication Plan

4 Quick Tips to Help You Form a Crisis Communications Plan

As a property manager, protecting residents is your number one priority. Because of this, crisis management should be an essential part of your property management business. A crisis can be any situation that is threatening or could threaten to harm people or property, seriously interrupt operations, damage reputation and/or negatively impact the bottom line.  Even[]

5 Questions to Ask Adult Children Seeking Senior Living Services

Movie actress Bette Davis once said that getting old isn’t for sissies. While many of today’s seniors will likely agree with that, so will adult children who care for or are making life decisions for their aging parents. Aging populations are creating a demand for independent or assisted living communities while also placing heavy responsibilities[]

Food for Thought: Smoke Alarm Safety in your Home

A survey conducted by ORC International on behalf of Kidde Fire Safety reports that almost five times as many Americans know the shelf life of a Twinkie over the recommended operating life of a smoke alarm. Gooey Carbs 1, Fire Safety 0. Not surprising when you think about it. Chalk another one up to Americans’[]

How Online Shopping is Transforming the Apartment Industry

The online shopping revolution is banging on your door.  Are you ready? A revolution is going on inside consumers’ computers, one that the apartment industry should take note. In the last six years, shopping has evolved, shifting from brick-and-mortars to the Internet. Ten million Americans work more than 60 hours per week and because of[]

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