Spread the Word – and Stay Pawsitive By Victoria Cowart, CPM Are you acquiring residential rental property and wanting to start on the best foot? Here’s a question that will impact approximately seventy percent of your renters. How will you respond to pets in your rental properties? Will you prohibit pets? Will you become pet-friendly? Or will you push yourself and your success by becoming pet passionate? Available data today
Read More
Save Money Through a Preventative Approach By Vincent Deorio As so many know, the end goal of asset management is to maximize net operating income (NOI). There are three primary ways to achieve a high NOI — increase revenue, decrease vacancy, or decrease expenses. During the period of resident occupancy, above all else, increasing resident satisfaction through effective property management is the most valuable approach. This means not only being
Read More
Now is the Time to Take Control By Rebecca Smith After a long run upwards, the real estate market seems to have reached an inflection point. Interest rate increases have certainly had a dampening effect, but it remains to be seen whether the inexorable rise in asset values is temporarily paused or if we are now on a downward trajectory just as steep as the way up. The market may
Read More
Investors Need to be Pro-Active Entering 2023 By Shawn Woedl If I could sum up the property insurance market in one word, it would be chaos. If you have been an investor for the last couple of years, you have undoubtedly had a challenging property renewal for your portfolio. You may have dealt with required increases to insurance value or experiencedpremium increases (or both) regardless of your loss history or
Read More
Legal Obligations When Managing Rental Housing By Victoria Cowart In operations, we all feel pressured to have a certain depth of knowledge on critical topics. This pressure rises to another level when the subject touches the work of our on-site, centralized, supervisory, and corporate team members. That pressure increases to a whole new level when it touches the lives of our applicants, residents, and possibly even our guests with disabilities.
Read More
The Times are Changing and so Should Asset Management Companies By Justin Askew Strategy is everything when it comes to comprehensive asset management. Outside of traditional buying, renovating, maintaining, and selling, it takes a forward-thinking approach to develop and execute an effective strategy based on current real estate market conditions. Pressures from rising interest rates and inflation are likely to be more evident in the coming months, which creates the
Read More
