Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 62, No. 6, November/December

Accessible Lease Analysis
Look in any national real estate publication, and you will see advertisements for computer programs that analyze commercial leases. These programs consider every possible scenario and print pages of calculations about the proposed lease. While these...
Avoiding Certificate of Insurance Traps
Every institutional asset manager knows that he or she must get a copy of the evidence of insurance required by the lease from every tenant. What most asset and portfolio managers do not know is that this area is a trap for the unwary. Do you know what...
Don't Sweep Cleaning under the Rug
If you took all the carpet produced in the United States in a single year and unrolled it at the equator in a 12-foot wide path, it would encircle the Earth six times. That's one billion square yards of carpeting-an amazing quantity when you consider...
Do You Need an Intranet?
This morning you reviewed a new operations manual, looked at pictures of your company's new vacancy listings, perused the previous day's work orders on all of the company's properties, and checked to see what the competition was doing. You didn't leave...
Environmental Insurance in Action
Environmental risk liability insurance has solved the question of "who's responsible" in real estate transactions of all sizes. As is quite often the case, new solutions are first sought and used in large transactions because the size magnifies the exposure....
Environmental Liability
As president of the property management company that has been selected to manage a property that contains asbestos that is not going to be removed, how do you pro tect your company and the owner from potential liability? Any claim for illness caused...
FCC Rules on Inside Wiring
The Federal Communications Commission has issued a Report and Order in the Telecommunications Services Inside Wiring proceedings that is generally favorable to the real estate industry. The report sets the point of demarcation 12 inches from the individual...
Flexibility as a Way of Life
Property managers understand the need for flexibility-all too well. Just think about conducting a conference call with an edgy owner, while initialing the work orders your assistant has thrust under your nose, then looking up to see an irate tenant burst...
Found Time
If you answer "no," then you can't afford not to read this article. It just may save you an extra 30 minutes to three hours a day. That's assuming you make good use of the time you'll save using the various technology tools mentioned-from software "bridging"...
How to Make Yourself a Manager
Regardless of the specific position, the work of managing is largely oriented toward the future. Managers must accomplish work through others, anticipate and cope with change, sense and define problems and opportunities, and evaluate and choose between...
It's Not Sexy, But
Manufactured housing is big business. Maybe not glamorous, but big. The mere mention of manufactured housing still conjures up negative images of rusting metal boxes stuck in an unimproved field in the worst part of town. But that image is and has been...
Raising the Bar
We are at a turning point with benchmarking and real estate standards. The declining values faced by institutional investors in the early 1990s prompted them to search for more accurate measures by which to evaluate portfolio performance. At the same...
Suburban-Inner-City Ecosystem
Editor's Note. This article is a revised version of three speeches presented by Anthony Downs at the Urban Land Institute meetings in San Francisco, November 1996. This article seeks to make three basic points. First, it shows how the American metropolitan...
The Adventures of Leasing Lynda-Episode 5: Overcoming Objections
Episode : Overcoming Objections Its a hectic life we lead in the Nineties, full of the stresses of daily life. Often we, and our prospective residents, just want a little time to think about the thousands of decisions we make every day. We are so overloaded...
Virtual Private Networking
What is Virtual Private Networking (VPN) and why should I care? VPN is a very secure and cost-effective way of connecting remote users and sites to a central or headquarters office. Historically, large companies using dedicated lines between office or...