From managing properties to ensuring the satisfaction of the residents, property managers strive a lot to attain a prominent position in the rental housing industry. Generally, property managers act as brand-ambassadors for most rental communities. For that reason, developing leadership qualities can help property managers get far in the multifamily industry. Considering that, here are
Its Monday, again… I open the door to my office, throw my coat on the back of my chair and stick a coffee cup under the Keurig. Then, I walk over to the drop box to collect the keys of renters who have moved out over the weekend. With just two apartments I think, ‘I
Content Warning: this article contains language about active shooter situations and death that some readers may find upsetting. Active shooter insurance, also known as active assailant coverage, has been a growing interest from businesses across America. This insurance aims to provide relief for all expenses relating to a shooting, from victim aid to crisis management
Pet ownership is on the rise in the United States, with 70% of the renters having dogs. Moreover, the recent stats show over 84 million pets taking up residence in the U.S. As dog ownership grows, the need for pet waste management also increases within apartment communities. Damages of Not Managing Pet Waste From stains
After almost a decade in Property Management I can confidently say the three most common complaints I’ve heard from residents have been about parking, pets and the pool. The 3 P’s if you will. As a property director, I was always diligent in ensuring welcome packets, shadow boxes and bulletin boards were jam-packed with information
It often takes time to achieve success in property management. A property manager needs years of experience tempered by attention to detail, discipline, and an unwavering commitment to handling responsibility and pressure. A good property manager is usually a skilled juggler of various tasks, keeping both tenants and property owners happy. In addition to screening
Bright-line rules and standards were created with a ‘simple’ goal that often leads to more harm than good. The idea is to draw a hard line of good or bad, acceptable or not, but often leaves out the difficult situations people often find themselves in. While the idea of ‘equal punishment for the same act’
Now that most state legislative sessions have come to an end, many states have enacted (or are considering enacting) new rental housing laws. To help you and your properties adjust, as well as stay aware of multifamily legislation around the corner, we’ve compiled our analysis of this year’s rental housing law trends. As you get
If you were one of the 147 million Americans affected by the Equifax data breach in 2017, you can now apply for reimbursement. After agreeing to the Federal Trade Commission’s (FTC) terms, Equifax must now pay at least $575 million and up to $700 million in compensation to victims of the Equifax data breach. Were
CIC has released credit, criminal and eviction data trends from 2019’s second quarter, April through June. The analysis has revealed that for the most part, tenants’ FICO score has trended upwards as expected. CIC’s quarterly data analysis highlights the number of rental applicants that have criminal and eviction records on their tenant background checks, as