Who's Up Front in You Office?I start most mornings at Starbucks…about 5:30 am. Love that time of day. And I love the way the staff at my home-Starbucks greets me."Hi Rick!Here's your coffee and venti ice water." This team is usually perky and wear a cheery, if not a bit sleepy, smile.Nice…keeps me returning despite the mediocre coffee.I have another "office" at an unnamed Panera Bread. Food and coffee are ok and I like the secluded seating and go ...

Managing delinquency is critical to a multifamily community's ability to function. Let me let you in on a secret, there's no magic account with an infinite amount of cash stashed away to manage and maintain communities. Communities function on collecting rent, PERIOD. Rent payments cover salaries, utilities, vendors, repairs, and all other operating expenses. This is why effectively managing delinquency is critical to its success. Because of how ...

Renewal processes in the apartment industry are complex and time consuming. The manual work required by the onsite team to complete one renewal will make your head spin.Initial renewal pricing is derived from the revenue management system. It then moves through a review process in which the revenue management team will carefully evaluate the suggested rate and either approve it as is, or make modifications based on varying factors. This pricing i ...

 The terms and conditions of a renting arrangement between a landlord and a tenant are set forth in a rental agreement or a lease, both of which are legal documents. Rental agreements should always be in writing, but short term agreements may be legal even if verbal. Despite having a comparable function and although both terms are often being used interchangeably, the two differ in a few ways:Duration: A rental agreement is normally a short- ...

Look out your window right now.If you're in New England, Northeast and even some parts of the South, it might look like a post-apocalypse dystopia. It's oddly quiet, and everything is cast in a bleak sepia tone. If you date to crack that window, you might smell burnt toast.Turns out, this is all being caused by Canadian wildfires. The New York Times is reporting that there are health alerts in many areas of the country warning people of poor air ...

Between labor shortages and centralization efforts, multifamily is placing more pressure on its maintenance teams than ever before. The pace and scope of the work are growing, as companies increasingly assign the upkeep of multiple communities or even entire market portfolios to a single service crew. Teams must work strategically and efficiently to accomplish more with less manpower. To make such maintenance models feasible, technicians can't b ...