From the book, Multifamily Insight Vol. 1: How to Build Wealth Through Buying the Right Multifamily Assets in the Right Markets, let’s focus on the power of making multifamily apartment acquisitions, http://www.amazon.com/Multifamily-Insight-Vol-Through-Markets/dp/0985002700 Some questions to consider—regarding Multifamily Insight Vol. 1, on pages 49-119 #1. When rents fall…what are the 4 things to do first? #2. […]
Archive for the ‘1-Apartment Housing News’ Category
How to Build Wealth Through Buying the Right Multifamily Assets in the Right Markets
Happy 2014…Ready To Rock-And-Roll?
As we close 2013…I want to wish you a sterling 2014! With the power and clout of our 80,000+ property management leaders who are part of our 19 LinkedIn groups and the 5000+ new leaders joining our LinkedIn groups every 30 days—our groups will always be about sharing knowledge and learning, with a focus on […]
For this week, let’s focus on late fees and ancillary income.
#1. With late fees…what are your company policies and procedures? Have you made any changes to your late fees this year? What are you plans for late fees going into 2014? #2. In your market—how are your direct/local competing properties handling their late fees? What kind of feedback are you hearing from your renters about […]
Focusing on pet fees and ancillary income
For this week, let’s focus on pet fees and ancillary income. #1. With pet fees…what are your company policies and procedures? Have you made any changes to your pet fees this year? #2. In your market—how are your direct/local competing properties handling their pet fees? What kind of feedback are you hearing from your renters […]
Announcement and url for property management leaders
We are proud to share the announcement and url below for property management leaders~ PowerHour: Books, Audio Courses & Speakers http://powerhour.com/propertymanagement/booksandcourses We currently offer 2 property management audio courses, 3 industry books and our live weekly leadership academy. In the spirit of “raising the bar” for our industry—we plan to create 10-15+ new audio courses […]
Industry Knowledge, Ancillary Income
Tied to ancillary income, is your property management company earning monthly fees for new fast-emerging and smart/creative ways for giving extra levels of services to your rental housing residents plus creating a living environment they never want to leave? Focused on referral fees, what kind of monthly revenue is coming for the new and expected […]
PM Associations = Powerful Business Development!
From our Tuesday PowerHour Leadership Academy Open-Mic? …helpful to map together the 10 specific ways to maximize your association involvement, focused on business development? Fun to hear the ways to leverage industry vendors/suppliers for an endless stream of acquisition news and leads? Did you enjoy learning how Board members of your property management associations are […]
Trade shows attendee leads = new PM clients?
From our PowerHour Open-Mic today…helpful to have the 12 most important steps for a successful trade show? Surprised to learn it takes 8 weeks for your pre and post-show prep? During our Open-Mic…are you now clear on the 3 most important questions to ask—when a trade show attendee/prospect/lead stops at your booth…and how to turn […]
Certainly an interesting article focused on student housing, yes?
Top Student Housing Common Areas and Amenities http://www.multifamilyexecutive.com/research/survey-says-the-top-student-housing-common-areas-and-amenities.aspx Your take on the news article above? How do these trends—match your student housing experiences? How will the stats in this article help you and your leasing teams? To learn more about this topic and to read the news, trends and ideas being shared by property management […]
Industry Knowledge, WiFi As Resident Amenity
Related to your market competitors…how are you competing with rental properties that provide WiFi for their residents? How many leases are you closing—tied directly to WiFi as a resident amenity? Focused on WiFi as a resident amenity…what post, question and/or observation might you add to this discussion thread—as a property management leader? We are tracking […]
Invite, PM Sales Vendor/Supplier LinkedIn Group
Please invite the sales vendors/suppliers you know…to join us—details are below~ Much appreciated. If you are a sales vendor/supplier and sell products/services to property management company…please surf the url below and join us. This group is for property management sales vendors/suppliers who sell products/services to the property management industry, to REITs + those who are […]
Genius work + rocks + sand = new property management revenue?
Your genius work…helpful to think about how to best plan your business day and week—to have the most success with adding new clients and revenue for your property management company? Our story today about rocks, pebbles, sand and water…a reminder to focus on your largest priorities—first, yes? Circling back to your PowerHour leadership assessment that […]
Industry Knowledge, Trash & Recycling Services
With an emphasis on trash and recycling collection and/or the ability to add ancillary income…what success are you and your PM team finding? What challenges/problems are you experiencing…related to doorstep trash removal? Related to property management trash and recycling services—does a prospective new resident have more or less interest in this kind of doorstep service? […]
Industry Knowledge, Real Estate Building Insurance
As a property management leader…what post, question and/or observation might you add to this discussion thread—focused on real estate building insurance? From your PM leadership point of view…what kind of cost trends/increases are you expecting for 2013 in the categories below: ==>>Real estate building insurance coverage ==>>Resident discrimination protection ==>>Loss of rent coverage/protection ==>>General/professional liability […]
70,000 Leaders + Add One More Member
On June 23rd…we crossed 70,000+ leaders in our 19 LinkedIn groups! http://www.powerhour.com/propertymanagement/linkedingroups.html To understand the growth our groups have enjoyed…on June 23, 2012 we were at 26,986 leaders & on June 23, 2011 we were at 10,590 leaders. Based on the increase of new leaders this year our groups will grow to 75,000+ leaders by […]
Protecting Your LinkedIn Account With Two-Step Verification
This week…LinkedIn announced an added level of security and protection for your password access, see post/story below http://blog.linkedin.com/2013/05/31/protecting-your-linkedin-account-with-two-step-verification With 19 LinkedIn groups, 68,000+ group members/leaders and 5100+ industry connections…it took me about 11 seconds to jump with joy—that LinkedIn was now providing this security feature…and another 11 seconds to set it up. I encourage you…to […]
Industry Knowledge With 11,600+ Posts, Join The Discussions…#76
This post is about Industry Knowledge discussion threads. With the power & clout of the 67,000+ apartment PM leaders who are part of our 19 LinkedIn groups & the 5000+ new leaders joining our LinkedIn groups every 30 days—the Industry Knowledge discussion threads below are about sharing knowledge & learning, with a focus on what’s […]
Industry Knowledge With 11,400+ Posts, Join The Discussions…#73
This post is about Industry Knowledge discussion threads. With the power & clout of the 62,500+ PM leaders who are part of our 19 LinkedIn groups & the 5000+ new leaders joining our LinkedIn groups every 30 days—the Industry Knowledge discussion threads below are about sharing knowledge & learning, with a focus on what’s working […]
3 stories that regarding discrimination and the legal costs for violation of our Fair Housing laws.
Below are three stories that include discrimination against families with children, race discrimination and discrimination against those with disabilities…plus a summary of the legal costs for violation of our Fair Housing laws. Justice Department Sues Owners and Manager of Rental Homes in North Carolina for Engaging in Race Discrimination, http://www.justice.gov/opa/pr/2012/September/12-crt-1156.html HUD Charges Minnesota Property Owner […]
Slip and fall incidents continue to be an ongoing problem
Wasn’t it just summer? Slip and fall incidents continue to be an ongoing problem…for those who own apartments, commercial and other real estate buildings/assets. Within your affordable apartment housing property management company—-what are your policies/procedures for how often your team clears and logs snow/ice removal at the apartment buildings you own/manage and/or at your commercial […]