Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 71, No. 1, January/February

AEGON Center Exudes Powerful, Modern Presence within Historic Louisville, Ky
Famous PropertiesLouisville, where bourbon and horse-racing reign supreme, has deep historical roots. However, modern luxury has inched its way into the Bluegrass State and is being embraced by Louisville's corporate elite. No building reveals this trend...
Alternative Work Schedules
Employers benefit when employees have choicesEmployers are increasingly permitting employees to customize their work arrangements through alternative work schedules. Employees often seek flexibility to allow more time to care for children or elderly...
Back to the Future
Historic properties offer unique and lucrative management opportunitiesEveryone has heard it before: What's old is new again-fashion, pastimes and most important, real estate. Owning, restoring and managing historic properties is a niche market gaining...
Big Challenges in Big Easy
Gulf Coast real estate managers improve disaster plansBehind the force of Category 4 Hurricane Katrina, came damages estimated from $70 billion to $130 billion, making it one of the most costly storms on record.For property managers, the cleanup effort...
Building Value
Ever-evolving property management profession combats age-old misconceptions about the field while trying to attract new, valuable practitionersRichard Muhlebach, CPM, got his first job as a property manager in 1971. While Muhlebach walked with his father...
Capital Markets
Power panel discusses value property managers add through understanding of properties and market by Kristin GundersonProperty managers are as valuable as the proplerties they keep or rather, the knowledge they keep about their properties.A panel of leading...
Education Conference Wrap-Up
2006 officers installed in ScottsdalePresidentFred W. Prassas, CPM, was elected IREM national president during the IREM Education Conference in Scottsdale, Ariz. in November 2005. Prassas is a principal in the PMC Management Group, which specializes...
Hurricane Damage Spurs Whirl of Activity in Congress
Dozens of bills offering a myriad of solutions in the aftermath of hurricane season have been introduced before Congress. The House passed three IREM-supported bills providing waivers for federal housing programs including Section 8, rural housing and...
International News
Japan chapter plans February conferenceIREM Japan Chapter 110 in Tokyo will host its annual conference in February. IREM President Fred Prassas, CPM, and Russell Salzman, executive vice president/CEO, will participate in the conference at the Shinagawa...
IREM Sponsors Victorious Legislation
Thanks to the hard work and dedication of IREM, CCIM Institute, and REALTORS® Commercial Alliance members lobbying on behalf of their industry, Congress passed legislation reforming class action suits and bankruptcy in 2005.The Class Action Fairness...
Lead Wars
Lead-based paint presents property managers with slew of problemsMore than 80 percent of all housing built in the United States before 1978 contains some lead-based paint on the interior or exterior-leaving property managers with cleanup, public health...
Market Solutions
Fear of snakes resolvedRigid's Auto-Spin(TM) is a drain cleaning machine for in-home use, allowing users to unclog drains in approximately five to ten minutes without harmful chemicals, "snakes" or a visit from the plumber. Auto-spin is designed to clean...
Meeting Highlights
More than 600 IREM members came together at the Westin Kierland Resort in beautiful Scottsdale, Ariz., in November 2005 to attend the IREM Education Conference. The conference offered learning labs, discussion panels, a property tour of Kierland Commons...
Meth EXPLOSION
Surge in methamphetamine use leaves property managers with physical, legal and financial messWhen North Carolina authorities raided a 300-unit apartment complex in Charlotte, N.C., and arrested a resident for producing the highly noxious drug methamphetamine,...
New Year Ushers in IREM Opportunities
The new year always brings forth new opportunities to look toward bigger and grander horizons, and this year is certainly no exception.In 2006, we'll set several new programs in motion, rocketing our way closer to our ultimate objective-to be the first...
Retirement Woes
Tenants-in-common investments relieve a life sentence of toilets, tenants and trashAs real estate investors of small properties age, they find they are trapped by their investments-facing high costs to convert their assets into the cash they need for...
Review and Renew
Evaluating standard lease agreement can thwart disputes, money loss and lawsuitsIt's a new year and a new you. While you might have taken the time to evaluate your life personally and professionally and make some resolutions, evaluating something as...
Single Solution Sought
Despite economic globalization, technology lags with single global solutionLately I have found myself flying all over the world to places like Dubai, Shanghai, Seoul, Frankfurt, Moscow and Florence. I track specific projects that could significantly...
Yielding Results
Removing the human factor from pricing may boost revenueThe human touch is irreplaceable in some areas of property management. Rental pricing is not one of those areas, said industry insiders who see yield-management software as the future of the multifamily...