Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 65, No. 5, September/October

A New Way of Working
The most important corporate resource over the next 20 years will be talent: smart, sophisticated businesspeople who are technologically literate, globally astute and operationally agile. Gen X workers of today and their Gen Y counterparts have rejected...
A Short Primer on Primer and Sealers
To get the best exterior painting results, it's often necessary to use a primer or sealer before applying the paint. Priming provides two important beneFits: It maximizes adhesion of the finish coat; which adds to the life of the paint job, and it provides...
Background Checks: Making a Federal Case
Employers routinely perform background checks on applicants for employment. However, in September 1997, Congress amended the federal Fair Credit Reporting Act (FCRA) to place new obligations on employers who use such information. Although credit checks...
Finding Gold
The most valuable skill a property manager can have is the ability to find and hire excellent employees. Our "gold" is our people, yet little effort has been made by the industry to train managers in this important endeavor. Most hires are made by examining...
Imaging Innovations: Turning Paper Mountains into Molehills
Turning Paper Mountains Into Molehills If you could request a new piece of furniture for your office, what would it be? If you chose a bookcase, credenza, or storage cabinet, you'd probably have to stand in line for a while. In the Information Age, companies...
Interview: Diane Kristen
EMPLOYEE REVIEWSPERFORM AT YOUR OWN RISK An interview with Diane Kristen, Esq., principal of Kristen Coburn Chartered By Nancy Pekala Employee performance reviews are ticking time bombs sitting in an employee's personnel file, waiting to explode if litigation...
Memories of an Apartment Manager
Unfortunately, it's easier to remember the tenants who gave you the hardest time. Do you remember the tenants who took up a petition to get rid of you? How about the ones who put dead chickens in front of your door and put a curse on you? What about...
Property Size and Risk: Why Bigger Is Not Always Better
A recent survey of 426 plan sponsors and advisors (Louargand, 1992) indicated that, of the 125 responding, 50% use property size as an explicit diversification criterion in their equity real estate portfolio. However, there is no published research to...
Resolving Construction Disputes out of Court
The construction industry has become known as one of the mostadversarial and problem prone. Claims and disputes on construction projects are the rule rather than the exception. In the state of New jersey alone, construction lawsuits cost millions of...
The HR Handoff
Outsourcing Human Resources Which of the following are real estate concepts directly tied to income or expense activities: gross potential rent, leasing skills, nonrent revenues, utility management, usage monitoring, HIPAA, COBRA, PRWORA, FUTA, and SUTA?...
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