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Nickalene Badalamenti-Kalas0 Posts
As President and CEO, Nickalene Badalamenti-Kalas leads Five Brothers’ growing work force in delivering an exceptional customer experience, by constantly monitoring changing market conditions and the regulatory landscape to proactively deliver solutions its clients need. Prior to joining Five Brothers full time as Chief Executive Officer, now President, Nickie served on the executive management team at Five Brothers. She attended Oakland University for her undergraduate studies and received her doctorate degree from the University of Detroit School of Dentistry prior to starting, developing and running a highly successful dental practice in Michigan for 25 years.
Single Family Rental Turns
Maximizing Tenant Satisfaction By Nickalene Badalamenti-Kalas It is an established dynamic in the single-family rental (SFR) space that a satisfied tenant tends to be a long-term tenant. Conscientious investors and property managers recognize the importance of fostering tenant satisfaction and understand the essential difference between a house and a true home. The former necessitates administrative efforts, whereas the latter yields substantial and perpetuated financial returns. There are a number of
Getting Ahead of the Storm
Property Management Pre- and Post-Disaster By Nickalene Badalamenti-Kalas Weather extremes and severe storm events are occurring more frequently across the United States and around the world. These events have not only caused significant damage to properties but also impacted new regions that are not fully prepared to confront them. The increasing occurrence and intensity of natural disasters calls for proactive measures to mitigate potential property damage and expedite recovery efforts.
Buy and Hold Property Management
Accelerating Occupancy Through Timely Field Services By Nickalene Badalamenti-Kalas Increasingly, buy and hold property managers and investors are looking to move at-risk or delinquent assets to long-term, income-generating homes. In these scenarios, time literally is money. As a property remains unoccupied, it is not only failing to generate income, but it is also generating losses as maintenance costs continue to accrue to keep buy-and-hold properties in tenant-ready condition. Moving properties
From Portfolio Asset to a Rental Home
A New Perspective on SFR Management By Nickalene Badalamenti-Kalas The housing crisis of 2008 sent seismic waves through communities across the country and left a lasting impact on how investors and property management companies handle single-family rental property management. That event will not be the last of its type, and the lessons it imparted to investors, property managers, tenants, and their communities bear continual scrutiny as the housing market is
Eviction Management
Transitioning From a Default Property to a Paying Asset By Nickalene Badalamenti-Kalas The government-mandated forbearance period on default properties expires this coming June. These properties will increasingly require eviction and asset stabilization services to ready them for new tenants. What many may not be aware of is the delicacy — and absolute compliance — with which these services must be administered. A single misstep anywhere in the process, and the
