When a resident is dissatisfied with an answer you provide them that you know is in alignment with how your company would want that situation handled whether it be a lease break option you don't typically offer, a rent concession for an inconvenience the resident had to endure, or something else...
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The holiday season can be a joyous time for communities, but for property management professionals, it also presents unique challenges. Balancing festive cheer with the requirements of fair housing compliance and inclusivity is no small task. Inspections may uncover non-compliance in resident decorations, while staff communication could inadvertently reflect language that alienates or excludes some residents. Addressing these issues promptl ...
Looking for advice: I am working with a nonprofit affordable housing company and one of the properties is in a high crime neighborhood in a small town of less than 10,000 people. The building has 24 units and has become a magnet for both homeless and addicts looking for a warm hallway to hang out and or sleep in. The property has limited money to spend, but obviously we can’t create a dangerous situation for the current tenants. I am...Looking for advice: I am working with a nonprofit affordable housing company and one of the properties is in a high crime neighborhood in a small town of less than 10,000 people. The building has 24 units and has become a magnet for both homeless and addicts looking for a warm hallway to hang out and or sleep in. The property has limited money to spend, but obviously we can’t create a dangerous situation for the current tenants. I am considering changing the metal locks to a fob system in order to allow the property managers to have a better understanding of who’s accessing the building. I have improved the lighting situation both inside and outside the building. I have installed cameras in many locations. Is there something else I should be considering? As it stands now, the maintenance technicians are often doubling as security guards. For obvious reasons this is not a good situation for anyone so I would love to be able to temporarily hire a security guard, but given the tight money of the property it seems an unlikely option. What am I missing? Is there something else I should be looking into or doing? I should also note that we’re working closely with the local police department, they have been cooperative, but also busy with their own issues. Show more
Hello all,
Looking for info on breed restrictions. What management companies are accepting all breeds? Are you requiring any additional insurance at all due to allowing all breeds? TIA
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Lauren Niziol is friends with Tiffany De Alva
We know that brand voice is tricky—how do you determine it, and how do you stay consistent? What is the right path to take? Take your own personal brand voice for starters. What everyone really needs is a worksheet. Hard-hitting (but fun) questions to guide a brand into its truest shape. Walk through the various bits and bobs with us—and note how it may shift based on the personal or professional side of things and see how your brand voice can co ...
This is the eighth in a 9-part series of “quick hit” blogs on the quickest way to uncover hidden revenue from leasing based on the presentation Bryan Pierce, Carol Enoch and Donald Davidoff gave at NAA’s 2024 Apartmentalize conference. For our penultimate (yes, I love that word) amenity fail, we turn to floorplan offsets (also called square footage adjustments) that are too high or too low. In our experience, this single fail rep ...
As we approach 2025, the commercial real estate (CRE) sector is staring down the barrel of a massive wave of loan maturities—a challenge compounded by the current high interest rate environment. What does this mean for multifamily investors? Key Takeaways: • $100 Billion+ in Loans Maturing:Approximately 15% of conduit CRE loans may fail to meet refinancing standards, even with rates below 6%. • Sector-Specific Risk:While office spaces face t ...
I am a Deputy Director for a nonprofit organization that provides low-income, sober housing. This is a new job for me (in my first year) and part of my role is Property Manager of our 6 buildings. All six are older buildings (1896 - 1944) so we have lots of ongoing building and facility needs. I'm beginning to feel like we are significantly underestimating our building needs and what it's going to take to maintain them well. This year I've...I am a Deputy Director for a nonprofit organization that provides low-income, sober housing. This is a new job for me (in my first year) and part of my role is Property Manager of our 6 buildings. All six are older buildings (1896 - 1944) so we have lots of ongoing building and facility needs. I'm beginning to feel like we are significantly underestimating our building needs and what it's going to take to maintain them well. This year I've experienced lots of facility issues that seem to be related to deferred maintenance. With that said, I'm trying to get an idea of how many facilities/maintenance workers we should expect to need? I've done some online research but would love feedback on this platform as well. Between the six properties we have approximately 100 units (some are apartments and some are single bedrooms for residents) and approx 75,000 sq ft. Show more
Where does everyone get their work clothes? I’m having a hard time finding good quality clothes. Thanks!
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Short seller Carson Block recently raised alarm bells on the looming crisis in the multifamily sector, specifically in the Sun Belt region. Here's why this "unseen shoe" could drop—and what it means for investors:The Pandemic Bet Gone Wrong • Investors rushed into multifamily properties during the pandemic, banking on work-from-home trends to drive rents in cities like Austin, Tampa, and Nashville. • Many landlords relied on floating-rate loans t ...
Gifts from vendors during holidays. What would you like to receive? In the past, when I was on-site, the vendor would gift my service manager and me alcohol. Now, I'm looking for ideas on what to get each employee that we provide services for.
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