Apartment / Multifamily News
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Blake Dale Ratcliff – EzineArticles Expert Author » Rental-Apartment Marketing – Using Sales Triggers to Increase Renting Results
In the property management business, we often focus on traffic, apartment marketing web sites, Internet listing services to the exclusion of broader traditional sales approaches. The property management business is not immune to the processes and proven techniques that apply to sales in general. This article focuses on one of those areas – sales triggers. What are sales triggers? Sales … [Link]
Multifamily Insiders News » Exploring the Rent Payment Process
Are you accepting credit cards for rent payments? How much do you charge for late payments? Do you offer incentives for paying early? This month, we delve into these questions with our latest SatisSurvey (powered by SatisFacts)! Here's how it works: If you want to gain insight into the all the different facets of the rent payment process, just fill … [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » Rental Housing – Headed for the City (Urban Living Is the Trend for the Future)
For the past 70 years, U.S. housing has moved steadily further and further from the city center. This trend is ending. Demographically, most new housing will be for renter prone consumers. Moreover, effects of the crisis in the long term will reduce housing subsidies. [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » Real Estate Investment Club – Rates Point Away From a Double Dip Recession
Investors are unsure of future trends. American consumers pulled $33 billion out of mutual funds last month because of uncertainty. The opportunity and risks are hard to understand. However, the spread between short term and long term bonds suggest a very low probability of a new recession — less than 20%. [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » The New Normal for Housing Construction
There are many generally reliable sources of data and articles that suggest that U.S. new household needs are about 1,500,000 per year. This assumption developed from the steady growth of new housing between the early 1990s and 2007. Is this true? [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » 100 Rental Market Tips
Who wouldn't want 100 rental real estate tips? I've provided 101 mainly focused on getting more out of your rental property especially if the property is a rental home. [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » High Quality Stats Show Multifamily Properties Are the Place to Be for Investment for 2010 to 2020
Recent rental and housing statistics compiled in 2010 show clearly that multifamily and rental investing is the place to putting capital. Information from the Department of Commerce, the University of Utah, the Urban Land Institute, and the Census Bureau provides compelling facts showing that urban center multifamily demand will outstrip supply and demand for multifamily in general will be at … [Link]
Multifamily Insiders News » Announcing The 15th Multifamily Training Trivia Winner!
Who here is an expert on mold? Our guess is that the only people who got this question right are those who have already had mold training, or are really good guessers! Here was the 15th Training Trivia (powered by Grace Hill):"Level I mold remediation is generally defined as a small isolated area of mold, occupying less than ___ square … [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » Will the Bottom Fall Out of the Economy and Real Estate Again? No! It Will Not
Double dip recession? Second crash? Are we headed to economic oblivion? This is a question many are asking now. For lots of good reasons, the uncertainty right now is very palpable in the market place. [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » Maintenance Review – Multiunit Properties Must Have Power Washers, Check Huskie & Rigid Brands
Every property should have a power washer as part of the standard maintenance tool kit. Power washers can make an old unit look fresh and help reveal the real maintenance you need to take care of on your property. [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » For Many, Investing in Real Estate Is Intimidating Because of the Size of Loan and the Personal Risk
Balancing risk with capacity is a critical component of your investing plan. For many, this can be too much to take on an investment. If you are serious about building a real estate portfolio, you shouldn't let this stand in the way. The key is setting up an investment that will create the right balance of risks. [Link]
Multifamily Insiders News » July Blog of the Month Awarded To Morgan Oney
Two months ago the Blog of the Month dealt with the issue of missing phone calls, so it seems as though we are continuing a theme this past month by focusing on a blog regarding email follow-up! It's easy to tell someone they just need to reply to emails, but it's a whole other thing to give them a step-by-step … [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » Value-Price Drivers – Labor, Material, and Conditions Effecting Them Are Value Drivers
Like any product or service, real estate's value is a function of demand. However, unlike pure service products a portion of real estate's value is driven by new construction cost and replacement cost. Construction cost has a labor component and a land component. Depreciation however is strictly labor and materials. [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » Real Estate Is the Largest Part of the US Economy – How Does the Dollar's Role Impact the Industry?
Near the close of World War II, the world's leading nations began developing a global fiscal plan to create a stable post depression era economy. This plan reached fruition at the Bretton Woods conference. The net of this conference was that the U.S. dollar pegged to the gold standard at $35 per ounce would serve as the global reserve currency. … [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » Loan Workouts Are Surging – The Debt Markets Are Showing Real Signs of Recovery
We've all watched and some have suffered as the commercial market suffered through the markets trough and the very weak lending environment that surrounded it. At last there are signs of returning strength. In the past few weeks CMBS began showing life. $6.3 billion new loans fell into distress in June. This is the smallest monthly increase since October 2008. … [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » 10 Keys to Successful Online Rental Classified Ads
Fresh from an industry Guru, John Stempleton at PropertyMarketingGurus, these 10 ways to improve your online classifieds are important to your renting success. This is such a rapidly evolving area that any information on the topic can prove useful. John's number 1 hint is get analytics. [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » The Top 5 Critical Investor Project Due Diligence Elements
Identifying the right project, paying the right price, understanding what the project needs, knowing how to manage the project, and achieving the right exit is always the key issue for investors. Working out these areas are the keys to great project due diligence. The due diligence actions seek to answer these questions in one fashion or another. Because due diligence … [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » Is It Time for the Rental Property Office Phone to Go?
Many managers and employees are emotionally and mentally married to the office phone. However, this may not be in the best interest of the property, the residents, or the prospects. Investors may be losing value and property operations may suffer because of this bias. With the ever increasing quality of cellular phone coverage, the time may be here when we … [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » Elements of the Lease Agreement
Leases can be intimidating to prospective residents and difficult administratively for managers and leasing agents. Nevertheless, they are a necessary part of the rental process. With that in mind, knowing what the elements of the lease are and understanding the purpose of the elements is an important part of the rental management process. [Link]
Blake Dale Ratcliff – EzineArticles Expert Author » The Rental Application Process
The rent application is a critical step in the leasing process. The point of the application is to assure you bring a quality resident into your rental and to ensure that the right expectations are established. Besides qualifying the resident, the process should assure a clear understanding between the landlord and resident. [Link]