Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 63, No. 4, July/August

AESOP's Cables
When Aesop began spinning his fables of Androdese and the lion and the grasshopper and the ant around 600 B.C., the newest entertainment medium was the scroll. When you were a kid, a pair of rabbit ears were enough to bring in those flickering black...
Apartments: Bait for Litigation
It is no secret that we live in a litigious society Colorado, a ranching state with only one major city, has more attorneys than Japan. And these lawyers must be familiar with the approximately 25 individual agencies monitoring more than 17 separate...
Commercial Real Estate Update
In a roundtable discussion at the IREM Mid-Year Conference, some CPM(R) members shared their thoughts about key issues for commercial managers. Participoants were: Anthony W. Smith, CPOM(R), CCIM, president, Robinson SIgma Commercial Real Estate Inc,...
Creating a Safety Program
Your maintenance pc works ten feet ve the ground without being secured to a ladder, and you pay a $10,000 fine. Your groundskeeper hurts her back by incorrectly picking up a heavy shrub, and your workers compensation premium jumps by 20 percent for the...
Defending against Liability
What's the best way to avoid the risk of troublesome residents at your property? Easy, don't rent to them. By analyzing tenant screening information effectively before making the rent-no rent decision, residents that might create financial or other liabilities...
Embracing Change
Few of us welcome change. We would rather wear our comfortable old sneakers, even with the holes, than go to the trouble of breaking in another pair. But like it or not, change is inevitable, and the pace of change continues to accelerate. The business...
How Some Property Managers Are Preparing for the Millennium
James Kuntz, CPM@: president and CEO of Marston Properties, AMO(R), Anchorage: He anticipates little impact because his firm manages primarily residential properties. Internally, he's talking to computer system consultants. He's been told that software...
Interview: Louis Taylor
LOUIS TAYLOR SENIOR REAL ESTATE ANALYST, PRUDENTIAL SECURITIES. JPM: How do you see REITs performing for the remainder of 1998? Taylor: REITs should average total returns of between 12 and 15 percent in 1998, with earnings growth in the 10-percent range....
New, Improved Cable Options
The Telecommunications Act of 1996 has allowed several young, aggressive cable television start-ups to target multifamily housing markets with new and flashy services. Property owners who once had no options in choosing cable provider now find themselves...
New You: Improving Listening Skills
IMPROVING LISTENING SKILLS by Stephen Mulvany What does it take to be a great communicator? Most business people would cite such factors as the skill to explain things clearly, the ability to inspire others, or a strong delivery to hold listeners' attention....
Property Managers with Foreign Investor Clients (What You Should Know)
Unless a tax treaty exists between the U.S. and a specific country, foreign owners, including estates, corporations, nonresident aliens, and partnerships, pay a flat 30 percent withholding tax on the rents produced by their U.S. real estate investments....
Security Personnel
Although the incidence of many types of crime has decreased in recent years, the potential liability costs, not to mention the negative publicity, still provides ample reason for real estate owners and managers to worry about security. And in many cases,...
The Waterborne Coating Revolution
Despite less stringent requirements in federal clean air guidelines and volatile organic compound (VOC) reduction levels, continued research and product development by paint and coating manufacturers has produced new generations of waterborne coatings...
Tort Reforms & Legal Trends
Breaches of tenant security threaten the financial stability of properties by damaging their reputations for safety and by opening the door to major liability lawsuits. Legal battle lines have been drawn in recent years over the issue of whether landlords...
Understanding Retailers
It has been a long, grueling day on the property management firing line. Your anchor tenant has just run an ad in the local newspaper advertising a radio remote in your parking lot -that he never asked you about. A coffee cart has mysteriously appeared...
Using GIS to Improve Estimates of Future Demand
set managers are often called u n by to perform market analysis relating to e e future competition from new construc to demand for proposed new construction.Clients request these types of information because excess supply causes rents to decline; all...
Y2000: Will It Compute?
Will the computer technology that has become so integral a part of our society vanish, like Cinderella's coach, at the stroke of midnight on December 31, 1999? Probably not. But at least a few microprocessors are likely to be about as useful as pumpkins,...

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