Cross-Promoting with Local Businesses - 05/24/10 11:27 AM
In this economy, businesses of all stripes are looking for a little extra leverage when it comes to generating more sales. Despite all the gloom and doom news out there, this actually opens up a lot of new doors for property managers to not only lower their vacancy rates, but also to incorporate new business strategies that can pay off in spades over the long haul.
We’ve spent a lot of time on this blog talking about viral marketing and utilizing new technology for growing your business and marketing your properties. While this is all well and good, it’s also important … (2 comments)

Accounting Resources for Property Managers - 05/17/10 10:56 AM
Not all property managers are accounting experts, but accurate and organized accounting systems are nonetheless a crucial part of effective property management. Luckily for those of us that don’t have a significant background in accounting, there are many helpful tools available to aid property managers in effectively handling their accounting practices.
Software One of the most critical accounting tasks a property manager faces is the struggle to keep different properties’ finances separate from one another. This means that funds allocated for property A are kept separate from funds for properties B, C, and D and from funds meant specifically for the … (3 comments)

Your Office Space Speaks 1,000 Words - 05/10/10 10:49 AM
First impressions can either take you a long way or stop you before you’ve even passed go. And when it comes to clients (both potential business associates and potential tenants), their first impression of you may very well involve your office. While it’s not necessary to spend a ton of money creating a luxurious office setting, it is important that everything is functional and presentable. Following are some low-maintenance tips that will help you and your office put a professional first foot forward.
1. Clear signage.Your client’s first impression of your office may well begin before he even sets foot through your front door. Make … (6 comments)

Spend Time to Save Time - 05/03/10 11:07 AM
Time is of the essence in the property management business. Let’s face it, there are just never enough hours in the day to get everything accomplished. So, for many, the notion of taking time out for training and other sorts of continued education (whether it be about real estate rules and regulations or maintenance tasks) seems like a nice idea, but also completely unrealistic.
When considering such matters, though, it’s important to apply a bit of foresight to the decision-making process. Following are just a few examples of common property management scenarios where spending time up front might just save you … (4 comments)

 
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Michael Monteiro

South Boston, MA

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All things property management is a one stop destination for folks interested in learning more about managing real estate. Broken down into a variety of targeted columns, the information that you are looking for is easily accessible — from investing tips and best practices in The Intelligent Investor to the real-life dilemmas of property managers in Stories from the Front Lines. We’ve brought on contributing writers from across the country to share their respective expertise with you, whether you’re a landlord, a professional property manager, or an association board member. Your feedback, participation, and comments will help us deliver the information you need most. Feel free to contact us if you are interested in contributing.


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