Despite continued movement toward paying online, a significant amount of residents still prefer paying via paper payments. Those residents are bucking the trend of online payments which means properties managers need to remain prepared to acce…
From paper clips to file folders, and filing cabinets to computer systems, the process of storing, managing and organizing documents is as old as paper itself. And in real estate, managing documents like contracts and vendor agreements is cruc…
As discussed in RealWorld 2018 sessions
2018 has been a pivotal year in the Affordable Housing sector under the current administration. With a shortage of 7.2 million affordable housing units and the highest increase in homelessness in …
The U.S. energy market is easing into 2022 on the heels of a roller coaster ride, and while pricing is stabilizing the outlook continues to present challenges for multifamily utility management.
Most eyes remain on natural gas: storage capaci…
As online payments for rent and fees increase, apartment operators are becoming more vulnerable to payment fraud. But there are ways to head off potentially fraudulent transactions. You just have to have the right transaction risk tools to det…
Resident satisfaction is about more than beautiful interiors, incredible amenities and timely repairs. Often overlooked by multifamily property managers is the importance of actively fostering a sense of community that makes an apartment feel …
Establishing a company-wide ESG (environmental, social and governance) strategy and overcoming external and internal obstacles is a white-hot topic in multifamily. The attention is trickling down from portfolio investors to the property level …
As late as 20 years ago, achieving maximum ROI from multifamily properties involved best guesses based on limited apartment industry data. Managers made decisions involving purchases, rehabs and developments, rent and amenity pricing, local su…
Building better multifamily budgets through forecasting and planning is no easy task for today’s accounting teams. With so many facets to operating and marketing apartments, no two budgets are alike. Creating a plan that meets the specif…
As if resident turns aren’t already costly enough, hidden apartment utility costs incurred when water, gas and electric bills aren’t transferred to a new resident can add to the pain. Billings not shifted from one resident to the n…