Posted on: October 28, 2015 by total
Whether you have taken the plunge and become a full-time investor, or currently use your evenings and weekends to acquire and manage properties, as an active investor you are likely to be a busy person. With increasing quantities of email, it is helpful to have a system that can separate and prioritize important messages.
Posted on: March 07, 2012 by total
Landscaping is important. In the property management business spring is when we set up for the summer pool season. Winter is the time to think about the spring growing season and how to best address grounds maintenance. Addressing landscaping, ground cover, plantings and soils seems like such a simple question. At the very least it takes pre-planning to assure fixed price contracts in advance of service. If a plant scientist were to survey the grounds of your income property assets their report would say some like: there are 55 “species” of plants and three invasive varietals that are negatively impacting sustainability. And your comment would be; “I only want my property to look good- neat and clean with green grass and pretty flowers. What’s all this talk about invasive species!”. Like farmers, property management requires having a well rounded skill set. Alas, we must rely on our subject matter experts to get us through the necessary gory details. For example, using the wrong seed in shady areas can be a flat out waste of money. The use of plants that require high maintenance should be avoided when a suitable substitute with lower carry costs is appropriate. Factor in water conservation. Some plants truly drink like elephants. The importance of ground cover in landscaping really comes into play when the conversation includes any word similar to soils erosion or basement leaks. When it comes to soil conservation, preservation and removing or re-directing run off we want ground cover to be our friend. This requires planning.
Posted on: March 02, 2012 by total
Can you imagine tenants consistently paying on time or possibly even early? Amazing concept, isn’t it.
Posted on: February 16, 2012 by total
This is a discussion on selecting door locks for apartment communities. Having this conversation ten years ago our consensus was that early in the 21st century we will all have paperless offices and key-less locks. Guess what; didn’t happen. Is your office paperless? Are your communities key-less? The likelihood is low. Electronic locks are the future. They provide a myriad of benefits to commercial multifamily property owners. New developments with on-site management must consider the benefits of electronic locks. Then there is everyone else; those with assets new and old that have 100 year-old technology (older really)- the lock and key