Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 62, No. 4, July-August

21st Century Apartment Manager
The year is 2010. You just stepped out of a time portal linked to the 20th century. Beside you is the sales office of the apartment building you managed back in 1997. You note that while the 21st century does not look all that different, things certainly...
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Behold Your Future; Know Your Lease Provisions, or Else!
The lights are low, the room is quiet. You look into the crystal ball on your desk and images start to appear. Your client sits next to you with an expectant look on his face. An image of a fire flickers across the glassy orb followed by an image of...
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Give 'Em Shelter: Make Room for the Aging Boom
When Mick Jagger sang "Gimme Shelter" in 1970, seniors housing was not a topic on anyone's mind. But as Mick and many of his fans boogie past 50, the buying and housing needs of the enormous Baby Boomer generation is an issue that is coming to the fore....
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Group Relamping: A Bright Idea
Does your interior lighting look like a checker board? Are your maintenance professionals constantly relamping, running up and down ladders while running up your lighting costs? It may be time to take up group relamping, a proactive maintenance strategy....
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Inside Your Laundry Room
If you've ever walked through your property's laundry room on a Saturday morning and heard those quarters jingle into the machines, the thought has probably crossed your mind: "Think how much more money we could make if we just owned the machines ourselves:...
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Joining the Capital Mainstream
Capital - not bricks and mortar - is keeping today's real estate growth afloat. Now that real estate and Wall Street have found each other, they are not likely to soon be parted. Wall Street has given real estate investors what they have always wanted...
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Learning to Compete after HUD Reform
The HUD Section 8 portfolio re-engineering program begins in earnest this year with the markdown of the expiring contracts to not more than 120 percent over the fair market rents for most properties. The demonstration program is writing down rents and...
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Sexual Harassment: New Game, New Rules
Recent changes in the role of women have altered the rules in workplace behavior. Better public awareness, the increased willingness of victims to speak out, and changing standards of behavior have all contributed to lower tolerance levels for sexual...
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Shopping for Vendors on the Web
Scientists say the human brain can simultaneously track and process only nine items without losing information. Any more, they say, is simply too much to handle at once. They obviously didn't use property managers in their testing, who these days must...
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The Section 8 Carnival
One last chance for the brass ring - or just one more ride on the roller coaster? While my own memory does not extend this far, my education and professional practice has taught me that for 60 years Congress has recognized that meeting the housing needs...
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Winning the Manufactured Housing Game
"When you're hot, you're hot," goes the gambler's credo. Well, the hottest affordable-housing option these days is manufactured homes and the manufactured home landlease community - formerly, the mobilehome park. Today, one-third of all new housing in...
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