Property Management Software

  Multifamily housing has always been a good investment. Investors have generally loved this sector. Performance In 2018, multifamily vacancy rates (for class B & C) have been below 6% while class A properties are about 9%. More and more investors are closing watching multifamily properties, particularly in B & C classes. These classes can maintain if there is a downturn in the markets. Unlike Commercial properties , Residential properties in these classes are generally recession proof. Smaller Might Be Better Class A properties are the most competitive among investors as well as attracting new tenants. But smaller is often times more profitable. I personally like quads and duplexes. We build quads on a regular basis but there are many duplexes, triplexes and fourplexes out there that are in need of repair. Great opportunities for value added investors. Location Depending on your experience and skills, it is best to invest in proper...

  Office workers seem to have a harder time concentrating at work then do remote workplace workers. Google’s Work Environment Look at Google’s offices. Have you seen these crazy offices? Lounges, tree house type cubicles and hammocks. It looks like a fun place to work but the question is, does that environment and money produce anything of substance for the workers? I understand that companies are trying to woo talent and win over the best team members they can. It seems their goal is to create a team and stimulating environment, but is there a downside to this? Research shows that the pros don’t outweigh the cons and the problem is getting worse. Some studies have found that the # of people who say they can’t concentrate at work has increased by 16 %. Workers like quiet places. Trying to find a quiet place in some of these companies is not as easy as you think. The # of workers who say they don’t have access to quiet places has increased by 13 percent. ...

Recent Study A recent study shows that about 25% of property managers are optimistic about the future and 47% are somewhat passive and 28% are negative. For those negative 28%, the biggest issues are overworked, underpaid and stressed by the demands of the clients, which are ever increasing. People Challenges Many property managers are keeping their finger on the pulse of the future, but the challenges of people are draining most of their time and resources. As Gomer would say, Surprise! Surprise! Surprise! Because of this, approx. 40% of respondents say their next job will be in a totally different field. The Best Property Management Companies The best companies are ones that are run well and that offer structure and processes in place. Great management companies understand that their property managers are more than a task manager. They are more in line of a property advisor. The Make-Up Of Property Management Companies This may be n...