Multifamily Make-Ready’s Made Easy
Posted on: March 01, 2012 by total
The best way to assure easy make-ready’s is to have as few as possible, right? How to make that happen? With an earnest focus on leasing renewals. Focusing on renewals reduces turnover. Concessions at lease renewal are almost always less expensive than turnover expenditures. Be it carpet cleaning, painting an accent wall or a few new light fixtures, any of these require less cash than a full make-ready. Considering potential days vacant they are a bargain. What else makes make-ready’s easy? Preparation. Preparation is having a handle on the resources required to perform make-ready’s thirty days prior to requiring those resources. By resources we mean lining up labor, material and equipment. Simple, right? But where to store that roll of carpet?? We’ll get back to that. More importantly make-ready’s begin with the lease renewal process.
Top 10 Worst Property Management Mistakes
Posted on: February 02, 2012 by total
The question that will come to mind as you read this is “who does that?”. The unfortunate answer is too many people. We are in an industry full of talented people. Mostly. If these mistakes are occurring with your assets it is probably time to look for new management, first to stop the damage and second to remedy the potential of on-going issues and the exposure they present. Suffice to say these are all