Staying abreast of changing regulations is a laudable goal, but realistically this requires a full-time employee designated to the task. Administrative staff at small, self-managed properties often wear many hats. Whether it is lack of time and resources, or simply poor management decisions, setting policy based on incorrect information is a costly mistake.
We recently hosted an informative webinar with presenter Carey Armstrong of Zillow. Carey gave a timely overview of today’s rental market and some of the trends Zillow is seeing at the local and national level. Though we saw variations in different markets, the overall data points to a promising rental trend for property managers across the country.
The decision to invest in property management ventures is often seen as a way to build a cushion for the future. Whether you assume a dual-role of owner/manager, or you provide management services to property owners, successfully managing your assets ensures the property lives up to your expectations financially.
We hosted a very informative and thought-provoking webinar today with Trulia and Inman News on 2014 Rental Predictions. Nikesh Parekh, VP of New Ventures at Trulia, presented some compelling stats and data that show the “perfect storm” of factors happening right now that make property management a booming industry with opportunities abound.
You’ve likely already addressed the main staples of your building’s eco-friendly performance when it comes to energy assessments, water use, and green building principles and general practices. However, many of the little things that really make a green community truly green may still need addressing. Residents across the nation are into trends, and fortunately, being green is a trend – one that’s hopefully here to stay.
Mixed-use property is becoming very popular in our fast-paced society. Residents like having easy access to food, clothing, pet services and — well, everything. The marriage of retail businesses and housing units dates back to early pioneer times when boarding-house rooms filled the second and third stories above the saloon or township merchantile.