Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 61, No. 6, November-December

Building Net Gain: An On-Line Presence Can Give Your Company the Bottom-Line Advantage
If 1995 was the year that business got interested in the Internet, then 1996 has been the year that it got serious about it. That means 1997 is shaping up to be the year when smart companies in all industries start exploiting cyberspace aggressively...
Carving out Value
At our management company, we are always looking for ways to maximize the return to owners on the properties we manage. By pursuing an entrepreneurial approach, we utilize what we call the "value-added" approach to property management. The goal of value-added...
Indemnification Provisions
One of the most critical and contentious issues in a property management agreement is deciding who will be responsible for damage and injury claims and under what circumstances. Should the manager indemnify the owner for all acts at the property, for...
Less Opulence, More Options: What Commercial Tenants Really Want
1996 has been a good year for the office sector, with metropolitan office rents for the first six months up more than 10 percent, according to CB Commercial/Torto Wheaton Research. But this improving market does not mean that getting tenants' business...
Maximizing Rental Income
It is often said that establishing maximum rental rates can determine the success or failure of a multifamily housing investment. But it is more often said than done. Historically, rents have been increased based upon overall occupancy percentage. This...
Mission Possible: Real Estate Research On-Line
"Your mission, gentlemen, should you choose to accept it, is to research a mixed-use building in Grand Rapids, Michigan. You have 72 hours and of course, a limited budget. Good luck." Tom Cruise and self-destructing tapes aside, the initial round of...
Replace or Re-Cover? A Low-Slope Roof Conundrum
When a roof has exceeded its service life, failed prematurely, or becomes economically unsound to maintain, it is time to re-roof. But should you re-cover over the existing roof assembly or entirely replace that assembly? A re-cover consists of installing...
Side-Stepping Liability during a Sale
Buying and selling property is always an exciting time. A deal is on the table. Documents begin trading hands. Negotiations hang in the air. One of the key players is the property manager. No doubt there are duties that a property manager must fulfill....
Synthetic Real Estate: Corporate America Goes off Balance Sheet
The phrase "synthetic real estate" is coming into vogue as Corporate America begins so look at "off balance sheet" options to finance the acquisition and construction of new corporate headquarters, distribution, manufacturing, and research and development...
Teaching Residents the Safer Path
No self-defense training, no high-tech lock, no actions on the part of management can ensure that residents are safe. But by helping residents improve their safety skills, you can put the odds in their favor. Living within an apartment community requires...
Testing the Waters in Vietnam
Much has been written in the last year on the rapid development of the marketplace in Vietnam, whether for real estate, manufacturing, or other activities. The purpose of this short article is to give an overview of real estate activities in Vietnam...
The Web Marketing Revolution: Isn't It Time to Trade Your Buggy for a Benz?
Trying to imagine the impact of the Internet on commerce and communication is like trying to understand the eventual impact of the automobile as you trotted along in your brand-new 1908 horse and buggy. When that young whippersnapper whizzed by you in...