Landlords have a lot to contend with. People are generally predictable in their habits, but when getting to know tenants, particularly newer ones, there can be issues if personalities clash. In most cases, a property manager has a myriad of issues to take charge of, many of which are handled by the most organized before …
Where does the road to being a highly successful property manager begin? For starters, all of your efforts will be made easier if you can connect with others in an effective and thorough way. By building a network and figuring out effective ways of communication you can stand out as a property manager that stands …
It’s November, which means that next month is December, the official beginning of winter. However, winter weather may be settling in much sooner than you expect; it can happen overnight, where temperatures drop astronomically and frost begins to coat your lawn. In this case, you want to be prepared ahead of time for the deep …
There is a lot of discussion around how best to attract and retain residents. You want to draw in the people who take care of their units, are courteous and quiet and clean, have good credit scores and don’t come with trouble attached. These people, though, have expectations of their own and their opinions begin …
Each customer is different. That isn’t breaking news and so it shouldn’t be surprising. What many people may not consider, though, is how this simple fact plays a role in how property managers should relate to these same people in daily interactions. Renters have unique personalities and needs that need to be addressed in ways …
In a highly relevant and articulate article, 2015’s IREM president Lori Burger takes the time to highlight the importance of connecting with clients and others in the industry. However, she notes that it’s more than a simple e-mail or Facebook post meant to engage; in order to really foster a significant and lasting relationship, a company …
When working as a property manager, it can be difficult to differentiate yourself from your competitors, particularly as technology evolves and expands and becomes integrated with each office in turn. There is a great deal of “value created by a highly qualified leasing consultant sitting face-to-face with your next potential resident” that can’t be overlooked. In …
Developing properties with millennials’ needs and wants in mind isn’t a novel concept. Shopping malls, restaurants, and other complexes are all being shaped around “generation y” as property owners include amenities and features that appeal to this young group. It’s true that a lot of people around this age choose to shop online, but there are …
Industrial properties are expected to outperform and to offer the best growth potential among the major commercial real estate categories in 2015. That’s according to the “Commercial Property Executive’s Quarterly Sentiment Survey.” More than half of the survey’s participants, or 54 percent, expect the industrial sector to be this year’s fastest-growing asset category. Coming in …
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There are different levels of project costing and reporting that companies need to track and audit. Our Budgetrac solution enables companies to not only track and account for project costs, but a most important feature is to also track contracts with vendors. As an organization enters into contracts with vendors, these contracts can include various …
Budgetrac Project Costing & Managing Vendor Contracts Read More »