Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 74, No. 4, July/August

2008 Chapter Award Winners
Congratulations to the IREM 2008 Star Chapters that were acknowledged at the Leadership & Legislative Summit. Eighty-two chapters were recognized as One, Two, Three, Four and Five Star Chapters, demonstrating IREM's focus on growing membership, providing...
Capital Investment
IMPROVEMENT ARE POSSIBLE WITH CREATIVITY AND FORESIGHT by Claire BusheyTHESE DAYS, PROPERTY MANAGERS NEED TO BE SAWY ABOUT HOW THEY SPEND THEIR CAPITAL IMPROVEMENT BUDGETSespecially when they have limited funds. A whole range of projects fall under this...
Career Moves
Stephen Donell, CPM®, ARM® and vice president of Jalmar Properties, Inc., AMO®, in Los Angeles, has been appoint- ed to the board of directors of the Los Angeles/Orange County Chapter of the California Receiver's Forum. Donell has more than 20 years...
Close Connections
Make the most of your IREM family relationshipsREAL ESTATE, SO THEY SAY, IS ALL ABOUT LOCATION, LOCATION, LOCATION. AND TO ME, BEING AN IREM MEMBER IS ALL ABOUT CONSANGUINITIES.No, I won't repeat that three times. Actually, the first time I saw the word,...
Cloud Coverage
IREM Member shares software strategies for economizing your tech budgetUntil recently, our company was like most small- to medium-size companies in terms of its computer technology infrastructure. Our e-mail was managed via a Microsoft Exchange server;...
Committed to Excellence
It's hard to believe that we're more than halfway through 2009. The year has been full of challenges and success stories; and IREM has been there through it all. In the last few months, we responded swiftly to the HlNl flu outbreak, providing a "Swine...
Dealing with Disaster
IREM Members Survive the Midwest Floods of 2008Even during the best of times, property managers know they must be ready for disaster to strike. Building emergencies (fires, power outages, bomb threats, medical emergencies, etc.), weather-related emergencies...
Ethics Boards Active at 2009 Irem Leadership & Legislative Summit
The Board of Ethical Inquiry reviewed six new complaints. Three of the complaints were dismissed as the issues raised were not ethical violations. Three of the complaints will be investigated to determine whether there is reasonable cause to forward...
Gadgets
ACER ASPIRE ONE NETBOOKTo achieve greater portability, many computer users have chosen to make their primary computer a laptop. Historically, that portability has come at an increased premium; but in 2008 laptop makers began to drive the component pricing...
Getting Back to Basics
ANALYZING RESIDENTIAL OPERATIONS AND DIVERSIFYING SERVICES WILL STRENGTHEN YOUR COMPANY IN A CHALLENGING ECONOMYHow does your bottom line look today? What about your clients' bottom lines? A great number of economic troubles are facing the world of professional...
Hitting Back Hard
Gulf Coast states provide opportunities for experienced property managersFor the past two decades, the Gulf Coast states of Texas, Louisiana, Alabama, Mississippi and Florida have been at the center of a demographic explosion, with population rising...
How to Negotiate with Tenants in a Tough Economy
The following article is an excerpt from the new IREM publication, The Leasing Process: Landlord and Tenant PerspectivesIn lease negotiations, we strategize how to negotiate the best possible deal for our client- the landlord. When the market is strong,...
Inside Irem: Amo Spotlight
CaganCOMPANY HEADQUARTERS LOCATION Skokie, Ill.NUMBER OF EMPLOYEEES 60DATE THE COMPANY BECAME AN AMO FIRM 1/1/2005COMPANY WEB SITE www.cagan.comMichael Daniels, CPM®, is director of asset management of Cagan Management Group, a firm that manages properties...
Irem Adopts New Statements of Policy on the Employee Free Choice Act and Tenant Protection in Property Foreclosures
IREM recently approved two new statements of policy in response to legislation currently being considered by Congress that would impact the commercial real estate industry: the Employee Free Choice Act and Multi-Family Housing Foreclosures.Employee Free...
Know Your Irem Code of Professional Ethics
Article 9. Duty to Former Clients and Former Firms or EmployersA MEMBER shall act in a professional manner when, for whatever reason, relationships are terminated between a MEMBER and a client and firm or employer.Never burn a bridge in life because...
Lighten Your Load
Reduce energy consumption in buildings by unplugging electronicsFOOTBALL IS A GAME OF INCHES. YOU FIGHT FOR EVERY YARD TO MAKE A FIRST-DOWN OR TOUCHDOWN. IN ENERGY MANAGEMENT, WE FIGHT FOR EVERY QUARTER POINT OR HALF POINT OF REDUCTION. IT ALL ADDS UP....
New Products
HELPING HANDS The XLerator hand dryer from Excel Dryer, Inc. is an infrared sensor activated dryer that dries hands completely in 10 to 15 seconds. Made from die-cast zinc alloy, the one-piece unit is lightweight, unbreakable and rustproof. The XLerator...
Opportune Times
Improve marketing by investing in technology and tenant serviceYOU'VE PROBABLY HEARD THE SAYING, "OPPORTUNITY KNOCKS." BUT WHEN OPPORTUNITY DOES SHOW UP AT YOUR DOOR, WILL YOU BE READY?Sure, we all have troubles these days with properties, tenants and...
Sneak Peak at Success Series 2009
Here is a preview of just a few of the education sessions offered at Success Series 2009 in Hawaii this October! Visit www.CCIMIREMSuccessSeries.com for the full schedule and registration information.Successful Women in Real EstateAbout 36 percent of...
Troubled Times/Troubled Properties
In RVP Corner, JPM shares the thoughts and opinions of an IREM Regional Vice President on a single topic covered in the current issue of JPM and how it affects the region he or she oversees.JESSE HOLLAND, CPM®, OF ALBANY, N.Y., SERVES AS THE 2009 AND...
Trust in Training
Uphold your duty to employees by keeping them informed and preparedTHE PROPERTY MANAGER'S JOB IS ALWAYS A CHALLENGE, WHETHER TRAINING NEW EMPLOYEES OR STARTING AT A NEW SITE AND HAVING TO RE-TRAIN EMPLOYEES WHO HAVE BEEN THERE FOR SEVERAL YEARS. The...
Understanding EPA's New Renovation, Repair & Painting Rule
NOW IS THE TIME TO PREPARE FOR COMPLIANCE BY JACK ANDERSONIn April 2,008, the U.S. Environmental Protection Agency (EPA) published its Renovation, Repair and Painting rule in the Federal Register. This law, which becomes fully effective on April 22,...
Windy City Icon
The Federal Reserve Bank of Chicago building exudes a sense of pride and prosperityWith financial institutions throughout the country making headlines during today's economic crisis, the larger-than-life image of banks has begun to shift. However, in...