Property Management News
Everything has its season, goes the old saying—and that’s especially true when it comes to common area upgrades. Planning and executing these projects takes time, and often the weather, temperature, availability of contractors, and other seasonal variables have to be factored into the process in order for it to run smoothly. As we head into prime spring and early summer, it’s a good time to consider what types of projects your board-management team should be putting on the docket. Get Some Fresh Air There are certain projects that are ideally started in the springtime, though the planning for them may begin well before then. Toward the top of the list, says Marilyn Sygrove,... Read more
Keeping a building dry is both an interior and exterior challenge. All buildings, regardless of materials and construction, are at risk of water infiltration and...
Unexpected property damage can disrupt finances and timelines with little warning. Repairs may be required immediately to prevent further deterioration or safety...
The short answer is yes — but not in the way most landlords think. Window cleaning does not add a fixed dollar amount to an appraisal. What it does is remove a visible...
For apartment owners getting unusual calls from insurance companies about deck inspection reports, the deck inspection conversation isn’t theoretical anymore –...
Baseball-sized hail used to read like a weather oddity. In March, it looked more like a balance-sheet issue. In Kansas City, storms dropped hail as large as 4 inches across parts of the metro, with the worst damage concentrated in the Northland. In the Chicago region the same week, a supercell produced giant hail in the Kankakee River Valley, including a stone measured at more than 6 inches that could set a new Illinois record. These were not edge-case rural events. They hit major Midwestern metros with deep inventories of apartments, office buildings, retail centers, and industrial properties. That matters because hail has quietly become one of the most consequential weather risks facing... Read more
If you manage a rental property — whether it’s a small apartment building, a duplex, or a multi-unit complex — you’ve probably dealt with the same...
When most people think of maintenance, they probably think about wrenches, drills and screwdrivers, not cutting-edge digital technologies. But when it comes to...
Key Takeaways Hands-on landlords need knowledge of tenant law for simple repairs. Property managers or REITs can help if you can’t manage properties. Typical...
Every apartment owner knows the feeling. A maintenance issue comes in that sounds routine: somebody grabs a ladder, somebody else shuts off what they think is the right...
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