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Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 78, No. 1, January-February

All in a Day's Work of an Apartment Building Manager
Today I had a resident threaten to punch another resident right in the face. As her fist was waving, a resident who gave me a notice to vacate two weeks ago now did not want to leave the apartment, and wanted to retract her vacate notice. I already...
A New Fracking Idea: Using Our Existing Resources as an Alternative to Fracking
Recently, I presented at the E Source Forum, a utility conference in Denver, attended by more than 500 utility industry professionals from all parts of the U.S. and Canada. Among the many spirited discussions we had at the Forum, was one topic on the...
A Three-Dimensional New Year
Another year has ended and a fresh one stretches out before us as a new road to travel. It's just one year after another. Not an astonishing feat, and one with which we are all intimately familiar. Yet each time we move from one year to the next, we...
Course Listings
JANUARY MPSAXM January 14-17 Sacramento, Calif. ETH800 January 16 Minneapolis, Minn. CPM001 January 18 Sacramento, Calif. ASM603 January 21-22 Indianapolis ASM604 January 23-24 Indianapolis FIN402 January...
Firewall under Fire: Could a Cybercrime Send You Up in Flames?
While technology has allowed for TREMENDOUS EFFICIENCIES in the workplace, it has also created major risks like CYBERCRIME and DATA BREACHES--jeopardizing an organization's proprietary information and potentially their BOTTOM LINE, not to mention THEIR...
Full Disclosure: Your Duty as an IREM Member
In our training as real estate managers, we are taught the importance of disclosure in business transactions. There are statutory regulations at the various levels of government that dictate what information a real estate professional must disclose...
Kromer Investments Inc: The Following Is an Exclusive Interview with Roland Montoya, CPM, Arm, of Kromer Investments, Inc., AMO
* Kromer Investments is a successor to a family business. How do you describe the mesh of new name and old tradition? What are the advantages and disadvantages that this lends to your business? The principals of the company, who had operated their...
Look Up! Don't Forget about Canopies and Awnings This Winter
If your property is in an area affected by snow, potential liability may not just be on the ground. Even after you have the snow removed, there may still be building components that affect your liability. These areas of concern may be right above your...
Marketing, Gangnam Style: Making a First Impression before Your First Impression
By now, most of us have heard about the YouTube sensation, "Gangnam Style." With more than 500 million views, we get a glimpse into Seoul's trendiest district--with a twist. Even if your dance moves don't rival Psy's in "Gangnam Style," you probably...
Meet the IREM Game-Changers
Learn more about the new 2013 IREM LEADERS [p.62]. * Read about how one IREM Member took her CAREER TO THE NEXT LEVEL through the IREM FOUNDATION SCHOLARSHIP PROGRAM [p.66]. * IREM launches new SHARED INTEREST COMMUNITIES [p.67]. * CONGRATULATIONS...
Mounting the Summit: A Look at How Chicago's Property Managers Prepared for He 2012 NATO Summit
IN 2011, IT WAS ANNOUNCED THAT THE 2012 G8 AND NATO SUMMITS WOULD BE HELD IN CHICAGO. Any large-scale meeting or event held near or in a city where you have properties--be it a simple union meeting or the next Olympic games--undoubtedly poses challenges...
New Year, New Opportunities
As we start a new year at IREM, we find ourselves in a good position to accept and tackle the challenges it may pose. While 2013 certainly holds many things in store that we can't see coming, it never hurts to be prepared. This issue of PM' highlights...
One Question, Two IREM Members
NANCY PALAZZO, CPM MORRISTOWN, N.J. PALAZZONANCY@GMAIL COM What people do in their personal time should have no bearing on employment in the private sector. Let's look at the past. How did employers research their employees before the internet...
Overview of Legislative and Public Policy Committee Meeting
ON OCTOBER 17, THE LEGISLATIVE AND PUBLIC POLICY (LPP) COMMITTEE CONVENED IN NEW ORLEANS FOR ANOTHER SUCCESSFUL MEETING. THE COMMITTEE MEETS TWICE EACH YEAR: ONCE DURING THE LEADERSHIP AND LEGISLATIVE SUMMIT (LLS) IN WASHINGTON, D.C. AND ALSO IN OCTOBER...
Proactive Water Reduction Measures in Spain
Spain's climate is prone to recurring drought. Although the majority of drought-water restrictions have been limited to rural communities, our company took a proactive approach to limiting water waste by implementing several water-reduction measures....
Social Media Maze: Find Your Way
LOST IN THE SOCIAL MEDIA LABRYINTH? DEVELOP A GUIDE! Chris S. McDuff, CPM, ARM, ACoM, MICP, CMCA, AMS, director of operations at Barber Companies in Birmingham, Ala., notes that social media has become an indispensable tool for both the property...
Take Your Real Estate Career to the Next Level through IREM Foundation Scholarships
In 2009, I had just completed my bachelor's degree in business management and earned my real estate broker's license. While searching online for more education in the field of property management, my research led to irem.org, where I discovered the...
The House That Seuss Built: The Geisel Library at University of California San Diego Is an Impressive Architectural Gem
When Theodor Seuss Geisel, best known as Dr. Seuss, first saw the library at the University of California San Diego (UCSD) campus, he turned to his wife, Audrey, and said, "That looks like something 1 might have drawn." The Geisels were long-time...
The Wild, Wild West Is Open for Business: Three Emerging Western Markets Make Steady but Tempered Headway Reigning in Booming Industries, National Retailers and More Residents
With the sluggish economy, people are realizing they get more for their money in these markets," said Matt Coulam., CPM, property manager for the Boyer Company in Ogden, Utah. "Companies that have done business back east or on the west coast can still...
When Once in a Lifetime Is Once Too Many
Six months ago, I was the person who you could find sitting down to lunch with colleagues to recall my good fortune for never suffering through a building fire. Sure, there were minor blazes--one due to a tenant mistaking his wall heater for a way...
Who Wants to Be a Shaleionaire? Hidden Concerns of Fracking
Uninsurable Properties, Mortgage Denials and Real Estate Devaluation Join the Fracking Controversy What is Fracking? Fracking, or hydraulic fracturing, is the process of injecting millions of gallons of water, sand and toxic chemicals deep into...