Have you performed your property’s mid-year report card? It is wise to take this opportunity to review your property’s achievement or progress toward its goals. Is occupancy meeting or beating projected results? How do the year to date expenses compare to the budget? How do they compare to the expense level from a year ago?…
The act of changing a furnace/air filter is probably as unglamorous and unrecognized as any task that our team faces on a daily basis. Have you ever received a comment card that stated, “Tom changed my air filter today? He’s my hero!”
Many property management reports focus on occupancy. Every week, how many move-ins will you have? What do you have as preleases? The number of lease renewals is equally important.
“Here’s the list of the supplies we need.” Maintenance expense is often the expense area where there always seems to be more days in a month than dollars in the budget. Every week a stock of supplies is ordered. All too often, it results in overrunning the budget. Work orders have to be completed. Apartment…
Everyone loves an open house. Realtors have portfolios with hundreds of homes for sale. A simple phone call can arrange an appointment for a home tour. Placing a sign in the front yard announcing OPEN HOUSE TODAY, creates interest. The results are significantly different than the inquiries generated by the HOME FOR SALE sign.