Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 63, No. 2, March-April

Assets or Stocks? Structuring Your Business Sale
Structuring Your Business Sale If ever there was an opportunity to say, "...if I had only..., " or perhaps your favorite is, "woulda, coulda, shoulda," it is after you have sold or merged your business. If I could have done anything differently...
Benchmarking Your Insurance Coverage
One of the hottest topics in property/casualty insurance is benchmarking. Risk managers in all industries are interested in obtaining a relative idea of the effectiveness of their property/casualty risk and insurance management programs. Benchmarking...
Effortless Beauty
A key to growing low-maintenance trees is performing the critical preplanning work of assessing the site's limitations and selecting plant material accordingly. Matching a tree species' strengths and tolerances to the site conditions, especially on...
Getting Tenants to Accept CAM Charges
Early in my property management career, I had a co-worker who was almost always able to turn the sourest lemons into lemonade. One day, I asked her the secret to solving problems. I was amazed that to my seemingly complex question, she gave a very...
Learning to Lead
If the skills needed for real estate management seem to be evolving, there is one quality that is always in demand - strong leadership. It takes many skills and qualities to make a great company - customer service, employee loyalty, innovation,...
Privatization of Public Housing
"For property management companies, the public housing arena represents the single biggest opportunity for new business," says Bill Higgins, CPM[R], a consultant on privatization to several major public housing authorities. "If you can get on board...
Repackaging Your Skills
Contemplating a job change, or having one contemplated for you? Now could be the time to seize some of the new opportunities emerging for real estate managers. With unemployment at its lowest level in 20 years, good property managers are in demand....
Retaining Staff
Every era has its own buzzwords to communicate the hottest concept of the day. In the corporate America of the '90s, words like "restructuring," "downsizing," "consolidating," and "reorganizing" bring fear and insecurity to employees as quickly as...
Suite Life
Managing Corporate Apartments Have you considered expanding your apartment community's operation to include corporate housing? You can join the many property management companies nationwide that have found opportunities for profit in extended-stay...
The Taxpayer Relief Act of 1997: Its Impact on REITs
by Kealon Drake, CPA, Frank M. Messina, DBA, CPA, and Kay O. Wilburn, JD Real estate investment trusts (REITs) are essentially the real estate equivalent of mutual funds in that they allow individuals and institutions an effective way to invest...
Winning Applause
Benchmarking Tenant Satisfaction Today, collecting satisfied customers has become as important as collecting rents. Building owners, asset managers, and property managers throughout the real estate industry have recognized the value of measuring...

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