Nationwide

Tue
16
Sep
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Owning & Operating Rental Property

I am fortunate, as the president of the American Rental Property Owners and Landlords Association – ARPOLA, to speak with members from all over the country. Usually a member will call or email with a specific inquiry or problem. We are pleased to be able to help. If we do our job right, we take the opportunity to discuss other aspects of owning and operating rental property. Virtually every time, we hit on an issue that needs attention by the owner or property manager.

Tue
16
Sep
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Campus-Style WiFi systems: The Amenity for Today

Apartment residents have long held in high regard such amenities as a fitness center, a patio, a washer/dryer and a pool, but now of equal importance as those features is having high-speed community-wide Internet service.
Having high-speed community-wide Internet service is now among the most desired amenities according to a 2013 survey by the National Multi Housing Council. More than 70 percent of respondents said that it was important or very important.
Easy enough, right? Practically every restaurant and coffee shop you visit has wireless Internet service. Most libraries have it. Many college campuses do too. If the corner Starbucks (and mid-block Starbucks and other corner Starbucks) can pull this off, surely you can too. Is it as simple as expanding the WiFi you already have running in your business center or around the pool area?
It’s not.

Thu
04
Sep
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How the Internet of Things will Simplify & Increase Profits in the Rental Housing Industry

The future of the rental property market is not distant. It is here, and it is unlike anything we’ve ever seen. The Internet of Things (IoT), or the connectivity of smart devices that share data with the outside world, is paving this exciting future. From smart thermostats to smart door locks, these new inventions are gaining ground and excitement rapidly. In this article, we will share a vision of the future using smart devices within the rental property market.

As with any change there are those that will disagree with or fear the new direction in the property management process. Our goal is to prove that these new technologies should not be feared, but embraced for their potential of earning extra profit as well as simplifying the management of properties.  To show this, we will describe a day in the life of an IoT property including the property owner, leasing agents, tenants, and maintenance personnel.

Mon
25
Aug
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REIS Reports Video: National Apartment Trends Q2 2014

Apartment Market Trends Watch our latest video installment for the most recent trends in the Apartment market. Reis VP of Economics and Research, Dr. Victor Calanog, summarizes recent trends in rent, vacancy, construction, absorption and more. Video Highlights The national vacancy rate remained unchanged at 4.1% during Q2. Net absorption topped 35,000 units while roughly 34,000 new units came online. Asking and effective rents rose by 0.8% and 0.9% during the quarter.

Sat
16
Aug
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Mind Your Business – Tia’s Tips for better rental management: Damages, Depreciation, and Normal Wear & Tear

By Tia Politi, ROA Board Member, Rental Owner, Lead Property Manager at Acorn Property Management

Assessing charges to a tenant’s deposit is fraught with peril for many landlords. What are damages? How do you calculate depreciated damages? What is normal wear & tear? These questions are common to our business as landlords and I hope that the following will help guide you in assessing fair and reasonable charges you are owed, without ending up losing a court battle because you assessed improper charges.

Sat
16
Aug
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ASK THE SECRET SHOPPER: August 2014

Everyone knows you only get one chance to make a first impression. What you communicate from the curb, carries over into the office environment and beyond. Paying attention to professional office attire is important year round, but especially during the warmer summer months. When the weather is hot and everyone is trying to keep cool and comfortable, some employees may be presenting more than just their apartments! This can be a distraction to co-workers and residents, and disrupt the sales process. Here is a topic of concern based on the question below:

Fri
15
Aug
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Rental Housing Journal Partners with The CE Shop. Readers Benefit!

Rental Housing Journal Partners with The CE Shop. Readers Benefit!

Dear Reader, We've recently partnered with The CE Shop, the leader in online real estate education. We know our readers' time is valuable and trying to stay on top of business and family priorities can be a challenge--especially as your license expiration date nears.

That's why we've partnered with The CE Shop--to give you more flexibility and control over how to meet your Continuing Education requirements. All our Readers benefit from our co-branded course website. This means you have a one-stop shop that lists the courses you need and describes them in full detail so you know what's offered before you enroll. Go to our CE Shop page at any time to review and purchase the courses you need. You can start your course immediately or come back to it later.

Thu
14
Aug
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Help, My Time’s Been Hijacked!

Help, My Time’s Been Hijacked!

Does it feel like you manage your schedule or does your schedule manage you? I’ve started days focused, with my task-list in front of me ready to tackle the day. Then I opened up my email, received some phone calls, had people walk into my office needing instruction, and before I knew it I had completely lost focus on my task list allowing my day to be hijacked. We can’t always control the hours we work, the interruptions or additional tasks we have to complete but there is a way to manage it more successfully and to focus on the right things. I’m going to share ten tips that have helped me over the years to have more balance in my life and to take control of the busy chaotic demands of my career.

Thu
14
Aug
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Benefits of Hiring a Property Manager to Manager Your Single-Family Investment.

Benefits of Hiring a Property Manager to Manager Your Single-Family Investment.
Cliff Hockley

Buying real estate as an investment has been a well-established investment strategy for thousands of years. You purchased or inherited a home or condominium and now you have to figure out how to get your arms around it. Perhaps you were transferred and don’t think it is time to sell the home yet, you want its value to appreciate more. From a management standpoint, you have two choices, manage the property yourself or hire a property manager to take care of it. This article will help you make a decision on which way to go.

Setting investment goals

Thu
14
Aug
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Mind Your Business – Tips for Better Rental Management

Mind Your Business – Tips for Better Rental Management

By Tia Politi, ROA Board Member, Rental Owner, Lead Property Manager at Acorn Property Management

Damages, Depreciation, and Normal Wear & Tear

Assessing charges to a tenant’s deposit is fraught with peril for many landlords. What are damages? How do you calculate depreciated damages? What is normal wear & tear? These questions are common to our business as landlords and I hope that the following will help guide you in assessing fair and reasonable charges you are owed, without ending up losing a court battle because you assessed improper charges.

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