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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 ...

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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 ...

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Gift ideas for staff members for Christmas, inexpensive but meaningful?

Guest Insider Lottery tickets, favorite things baskets. I always have all employees fill out a favorite things sheet at hire then annually. Really helps me and their managers when getting gifts they will actually want.
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Ursula Gerson You could have ornaments made on Etsy or give everyone a lottery ticket!
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Guest Insider We decorated stockings so I am filling those on Christmas Eve. Maintenance are getting Yeti coffee cups, my assistant manager is getting a bar set and my leasing is getting a spa set. I only have 4 so I am letting myself spend a bit more
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Guest Insider I do gift cards and cash. Can’t go wrong
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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 ...

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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 ...

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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... Show more

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Where does everyone get their work clothes? I’m having a hard time finding good quality clothes. Thanks!

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Guest Insider SHEIN, go to the outlets-express, loft, Anne taylor
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Sarah Yadira Hong Mostly Macys (they have the best sales) Nordstrom and for owner walks, Ted Baker
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Guest Insider J Crew and Banana Republic are a couple of my faves.
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Guest Insider Express has nice pants and shirts, that fit well.
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Guest Insider Nordstrom Rack, Ann Taylor, Loft, Banana Republic, Amazon
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Karen Kossow Old Navy- their Pixie pants line is great. I'm not a fan of high waist so I don't like the current offerings but I have at least 10 pairs in different colors that I've had for years and they are still in great shape.
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Guest Insider Amazon, Crown & Ivy, and express
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Guest Insider Mostly Macy’s & Amazon for me. My sister buys from Target a lot.
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Sheila Singer Lane Bryant…but I’m on the fluffy side.
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Jennifer Welch My partner is using StitchFit and has gotten some great items in it.
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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 ...

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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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Guest Insider Team lunches for the WIN!
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Guest Insider No one’s ever turned me away when I showed up with food.
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Nikki Summers Gift certificates or scratch lotto tickets is always fun
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Jennifer Welch I have found that offering my team and me a unique opportunity off site has been fun and bonding. Escape Room. Bowling. Helps bond us as a team and with the vendor. Double win.
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Guest Insider The present of my presence isn’t gift enough??
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Guest Insider FOOD is always welcome BUT coordinate with the manager before bringing lunch. We had 4 vendors bring lunch the same day & a lot was wasted. 🙂
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Guest Insider Lunches where you take them to a restaurant instead of having it delivered to the property. Also gift cards to get manicure or pedicure for ladies and some kind of Home Depot or Lowe’s card for men or whatever they are interested in.
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Tracy Jamison Starbucks gift cards are a win.
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Ok ya’ll let’s just blame the brain mush on too much turkey! I need help mathing!
1)What is the formula to figure out how many move-ins you need to move your occupancy up a percentage point? 2) What is the formula to determine occupancy in general? TIA!!

Guest Insider Just add a decimal point to your unit count like this. If you have 632 units you need 6.32 units to make 1 point of occupancy. 550 units=5.5 units. 1100 units =11 units. No math involved!
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Guest Insider 1) total number of units/100. If you have 300 units, 300/100=3. It takes 3 move ins to move up one point.
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Antonio Diaz 1)1/total units
2)Occupied units / total
Units
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Installment 6 of Rethinking Tech Adoption in Multifamily, From the Inside Out In the first five installments of this blog series, we discussed how to identify the business need, how to gain buy-in from stakeholders, how to determine your budget, the best methods for researching potential tech providers, and the necessary steps for viewing product demos. In this sixth installment, we'll discuss taking action by making the buying decision and estab ...

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 December is a magical time of year where everything at the mall is glittery, there are new cookie recipes galore and you are practically required to cozy up on the couch with the fluffiest blanket available and watch your favorite holiday movie. (And, yes, Die Hard counts. It's 2024, and we're not going to have that debate anymore. It's not even that great. Give me Home Alone any day.)It's also a great time to ramp up your marketing and let ...

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Does anyone use the Brothers brand HVAC systems from Chadwell Supply? Looking for pros and cons from experience.

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Just found out my property is under contract and due diligence starts soon. This is my first time going through this (I’m a community manager)
What are some things I should expect? What are questions I should ask my current company and questions for the new company should they interview me to stay if everything goes as planned?

Guest Insider Do your job … remember your loyalty remains with the current owner until the deal is done (money is wired and the sale is complete) … don’t volunteer information but always be helpful….
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Guest Insider Ask your existing company if there is a selling bonus ? This is usually offered to the existing staff so they can stay through the sale. I’ve seen the bonus in the amount of 2-3 times the monthly salary.
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Guest Insider Start taking pictures of things you think are important. Especially people stuck in screening before your current company goes black. Email yourself or personal email with documents you can not seeing yourself without..one day you will log in and have no acesses to anything of your now company. And it will not be expected.
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Guest Insider I just closed 2 years ago on a property I was at for 20 years. I got a 10% raise to stay until close and a bonus after closing. I chose not to stay with the new company. They did ask me 3 times for an interview. Hold firm on your pay because they will for sure go up on rents and fees after take over if you want to stay. Mine was very difficult because I had to take new prospective buys on tours because I had been there so long. That was the hardest thing I’ve ever done was sell my own property. Good luck. Oh and and ask what the new buyers plans are. Mine were doing improvements and selling it in 5 years.
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Guest Insider One more thing. I printed off so many reports and extra side notes for everything. Who had R-22, 410-A’s, new appliances, what units needed a/c replacement and if the unit needed to be upsized. I left the new company everything and got a phone call about 2 weeks later I had the easiest take over they ever did and it was a big management company.
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Stacey Pichette As the PM, you’re expected to be an expert on everything at your property and no matter what present the property in a positive way. Here are some things to expect…A scheduled 100% unit walk; Lots of detailed questions about the property including the unit count breakdown, the age of your appliances, HVAC systems, water heaters, and roofing. They may ask what size are the HVAC system and water heaters for each unit; Ask if you’re up to date on all required inspections like fire extinguishers and/or fire system equipment, sprinkler systems, and back flow systems. When are those due each year and the cost of each; Any capital improvements completed within the last year. Does the property have any immediate needs? If you were buying it, what changes would you make?; What is the cost of your average unit turn? Which tasks are contracted out (like painting or cleaning); What is your retention rate and what is the most common reason for turnover? What are the major employers in your area?... Show more
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www.facebook.com/RandyandMandyandFriends/videos/59…

https://www.facebook.com/RandyandMandyandFriends/videos/591000186698582/
Guest Insider Clever!!!
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Brent Williams What a neat way to repurpose the stool!
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