Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 73, No. 3, May-June

50 Years of IREM Income/Expense Analysis: How Members Have Helped This Program Evolve
"Knowledge is power" --FRANCIS BACON, ENGLISH PHILOSOPHER This quote marked the introduction to the 1971 edition of what was then called the IREM Experience Exchange. And while it's now called the Income/Expense Analysis[R] and it scarcely resembles...
AMO[R] Spotlight
To earn the Accredited Management Organization (AMO) designation from IREM, a company must demonstrate a high level of performance, experience and financial stability, and have a CPM[Sup R] in an executive position. AMO firms must meet high ethical...
Congress Considers Changes in Capital Gains and Depreciation Recapture
Under current law, capital gains are taxed at a maximum rate of 15 percent. This rate is temporary and will revert to 20 per-cent as of January 1, 2011. When capital gains tax rates were reduced to 15 percent from 20 percent in 2003, the deprecia-tion...
Course Listings
MAY RES201 MAY 1-3,8-10 Dorchester,Mass. ASM603 MAY 5-6 Denver ASM603 MAY 5-6 Atlanta ASM603 MAY 5-6 Nashville, Tenn. CID201 MAY 5-9 San Francisco MNT402 MAY 5-6 Austin, Texas MNT402 MAY 5-6 Rockville, Md. FIN201 MAY 6-7...
Do Automatic Elevators Do a High Traffic Job?
There recently has been much controversy about the question of operatorless elevators. The elevators and some managers point to savings resulting from the use of such elevators, and cite the wide public acceptance in many buildings where a light traffic...
Fear No Change: Organizational Strategies Help Real Estate Companies Capitalize on Change and Innovation
for real estate companies, the rapid pace of technological innovation has created a business environment that is seemingly in a state of perpetual change. At the same time, property and real estate managers and those who lead real estate management...
IREM and NAAEI Develop New Fair Housing Course
The Fair Housing Act of 1968 marks its 40th anniversary this April. The act, barring discrimination practices in housing, plays an important role in the residential management industry. Providing substantive training on the application of fair housing...
IREM International Program Highlights Events and Agreements
IREM's commitment to global outreach continued at a steady pace through the first quarter of 2008--demonstrated through increased membership, broader member services, expansion into new markets and active volunteer leaders from around the world. ...
JPM Articles Translated for International Members
IREM translates one article from each issue of Journal of Property Management into multiple languages to serve our members throughout the world. You can find the translations of the article "Asian Markets Lead Urban Growth" by Darnell Little from the...
Know Your IREM Code of Professional Ethics
Article 2: Confidentiality. A member shall not disclose to a third party any confidential or proprietary information which would be injurious or damaging to a client concerning the client's business or personal affairs without the client's prior...
Learn to Earn: Continuing Education Helps Property Managers Garner Respect and Money
Since achieving my CPM designation 20 years ago, I have continued my education in a number of areas. This continuing education has had a tremendous effect on my career. It has helped me become an expert in the eyes of vendors, fellow CPMs and industry...
Making Green Great: Ecological Harmony at Aldo Leopold Legacy Center Earns High Marks
No one knows for certain if renowned conservationist Aldo Leopold knew the potential ecological harmony imminent in the dilapidated farmland he stumbled upon in Baraboo, Wis., in 1935. But, for just $8 an acre, Leopold purchased the land. He and his...
Marketing Magic: New IREM Publication Offers Fresh Take on How to Lease and Sell Residential Properties
There is an art and definitely a science in getting your vacancies filled. Now, as the book Marketing Residential Properties: The Science and the Magic by Laurence C. Harmon, CPM, CRE, and Kathleen M. Harmon, CPM, ARM[R], Suggests, a little of the...
Never Too Late: New IREM Members Come from All Walks of Life
I recently submitted my ARM application for certification after taking the plunge into "reinventing" myself in the fall of 2007. I started out slowly, not knowing how I'd hold up under the pressure of taking a course at this stage of my life: It had...
Next Level Learning: Technology Can Benefit All by Building Value
Talent. Experience. Relationships. Skills. These are the ingredients to success for today's standout real estate professionals. Can these elements translate to your company's translate to your company's successful bottom line? Absolutely! [ILLUSTRATION...
North and Upper Midwest States Eye Upswing in Development: Population Growth Creates New Building Opportunities in Mountain Time Zone
The population in the states of Montana, Idaho and North and South Dakota swelled more than 20 percent between 1990 and 2000, according to the U.S. Census Bureau. This is double the overall population growth rate for North America. Skip Anderson, CPM...
PDA Appeal: IREM Members Reveal How Handheld Devices Make Organization and Communication a Snap
WHEN KEVIN GRAIL, CPM[R], WAKES UP EACH MORNING the first thing he does is check his personal digital assistant, more commonly referred to as a PDA. "I look at the calendar and I'm immediately up to speed," said Grail, president of Strong Management...
Platform Reform; CPM[R] Member Shows How Real Estate Firms Can Adopt Single Software Solutions
Technology continues to change rapidly, and integrating new technologies seamlessly into any business has become more and more challenging. Today, our 37-year-old, family-owned company is one firm investing in technology so we can sail into the future...
RVP Corner: PDAs in Real Estate Management
In RVP Corner, JPM shares the thoughts and opinions of an IREM Regional Vice President on a single topic covered in the current issue. IREM Region 8 Vice President Donald Wilkerson, CPM[R], discusses the impact of PDAs on the real estate management...
Sign of the Times: When Done Properly, Electronic Signatures Are Binding
Electronic signatures are the latest stride in the march of technology to expedite document execution and enforceability of the deal. It was not that long ago that we used typewriters and carbon paper, and documents were not enforceable in our courts...
Technology in Touch
As I take a brief respite from travel this year--having visited many of you at your local chapters, as well as those of you far away within our international chapters and partnerships--I realize how much business has changed for us with just a few...
The Big Picture Technology: What's Ahead for Real Estate?
RECENTLY, THE EDITORS OF JPM ASKED ME TO COMMENT ON WHAT ADVANCES IN REAL ESTATE TECHNOLOGY THE MARKET SHOULD ANTICIPATE OVER THE NEXT FIVE YEARS. This is a difficult question to answer with any degree of certainty, but the short response is that technology's...
The Celebration Continues
SHARE YOUR STORY WITH OTHER MEMBERS. 75th Anniversary Spotlight--Jason Stowe, CPM [R] of Raleigh, NC The following is an edited excerpt of Janson's story. For the complete posting, visit the IREM 75th Anniversary Web sire at www.irem.org!75th....
Win a Trip for Two to Hawaii!
GRAND PRIZE Airfare, Hotel, and Registration for Success Series 2009 in Hawaii EfijGy complimentary airfare for two people, two hotel nights and one registration to IREM's Fall Meetings, including IREM & CCIM Success Series 2009, October...