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Archive for November, 2012

Four Steps for Hiring and Keeping Property Management SuperStars © – by Ernest F. Oriente

Posted on 08. Nov, 2012 by .

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“When you hire the best, the rest is easy!”  We have heard this phrase many times, but how do we put this concept into action?  We know that hiring the best people is vital to the success of our business, especially in property management. And certainly, the residents who live in the apartments you manage have high service expectations.  So…how do you hire and keep property management superstars? Let’s start from the beginning. [...]

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8 Key Factors When Analyzing Your Multifamily Competition – By Tami Siewruk

Posted on 08. Nov, 2012 by .

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One important part of developing a successful apartment community marketing plan is to size up your marketing strategy to that of your competitors’.  Here are a few tips that every community should analyze to gain a stronger competitive advantage. [...]

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Show Your Building Even With No Vacancies! – By Joyce Kirby

Posted on 08. Nov, 2012 by .

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In strong rental markets, many leasing employees are faced with the wonderful challenge of being 100% leased.  Some apartments are being rented “sight unseen,” and perhaps there are only a few days in any given month where vacant apartments are available to look at before the new residents move in.  For communities that have rented and done away with their model apartments, many leasing consultants are now in situations where they have nothing to show.  The following question expresses this dilemma and the leasing consultant’s frustrations. [...]

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Improving Curb Appeal Attracts Better Tenants – By Chuck Sloan

Posted on 08. Nov, 2012 by .

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Imagine you drive up to a property that you found in an online listing.  You see cracked blinds through dirty windows, peeling paint on the front of the building, weeds a foot high, unruly shrubbery and low-hanging trees.  What is your impression?  What kind of tenant will this property attract? [...]

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Federal Budget and Deficit Brilliantly Explained! – by Anonymous Author

Posted on 08. Nov, 2012 by .

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This example rather brilliantly cuts through all the political doublespeak we get.  It puts it into much better prospective. [...]

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Passing Real Estate Assets to the Next Generation – By Cliff Hockley

Posted on 08. Nov, 2012 by .

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You have worked your whole adult life to establish a real estate legacy.  These real estate investments have paid for your kid’s college and your retirement.  You put your blood, sweat and tears into them and now you have to make key decisions regarding passing the assets on to your spouse and kids. What do you want your estate to do with your real estate assets? [...]

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MRLANDLORD.COM Tips on Management 10 Cheap Ways to Advertise Your Rental and 15 Best All Purpose Cleaners

Posted on 08. Nov, 2012 by .

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10 Cheap Ways to Advertise Your Rentals These tips are recommended by landlords nationwide.

1) Word of mouth from current residents.

2) Sign posted at the rental. People in the area see it and tell other friends who might be interested, or even someone looking in the area. Realtors have been using this one for years.

3) Craigslist post with an attractive, eye-catching subject line. [...]

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Letters to the Editor…

Posted on 08. Nov, 2012 by .

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Dan:
In these days, it is so rare to be able to say, “My membership fees are worth every cent. Thanks for the great service.”  Marilyn’s constant, patient, well-informed responses to my questions for a rent controlled building are a huge help.     All the best, Sharon T. [...]

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What Do Today’s Renters Want? – By Doug Miller and Mike Whaling

Posted on 08. Nov, 2012 by .

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SatisFacts and 30 Lines conducted a major national study titled “Getting Inside the Head of Today’s Online Renter” (www.TheOnlineRenter.com).  This article shares findings revealed by the study regarding renters’ technology preferences and how this feedback can be used to help improve staffing, customer service, communication and program efficiency. [...]

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Let’s Get Some Change and Relief for Los Angeles Landlords! – By Bill Hooey

Posted on 08. Nov, 2012 by .

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For the past 30 years in Los Angeles, ever since landlords lost the battle over rent control in 1979, most landlords have remained politically inactive.  Whenever the Los Angeles City Council would vote on a housing matter, renter’s groups would often bring bus loads of people to council chambers and most times not many landlords showed up to speak up for our side of the issue.  Now, we’re paying the price for being so inactive. [...]

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