Monday November 20th 2017

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‘02 - Project Identification and Qualification’ Archives

A Surprising Idea to Improve Customer Service…

A Surprising Idea to Improve Customer Service…

Here is a great idea to provide value add customer service and improve your property. The Thermal Leak Detector - Newsweek. 4 of 5 Thermal leak detector Typical cost: $50 Annual energy savings: $220 Pays for itself within: 5 monthsWonder why your heating bills are high even though you've done everything you can think of to [...]

Apartment Development is Ramping Up

Apartment Development is Ramping Up

This article sponsored by GE real estate adds to the information we've been discussing for sometime. No Fits, Just Starts: Apartment development ramps up The apartment sector is the only sector within the commercial real estate industry where development makes sense, according to industry experts. While other sectors such as office, [...]

Small Biz Bill Passes – You May Want to Know These Facts

Small Biz Bill Passes – You May Want to Know These Facts

House OKs small biz jobs bill By Catherine Clifford, staff reporterSeptember 23, 2010: 4:55 PM ET NEW YORK (CNNMoney.com) -- One week after the Senate passed a $42 billion bill aimed at helping small businesses, the House voted Thursday to send the bill to President Obama's desk. The measure, which passed the House in a 237 to 187 [...]

Chart of Consumer Debt Trends is Telling – Down $800 billion since 2008

Chart of Consumer Debt Trends is Telling – Down $800 billion since 2008

Consumer debt is headed the right  direction.  The total consumer debt is down $800 billion since its peak.  Nevertheless, debt is still more than double the 1999 total. Population is up 10 million or about 3% in the same period.  Economic growth added about 8% in the same period.  Netted out, the U.S. consumer has to shave $4 trillion in [...]

Foreclosures Increase – How Are Banks Managing the Default Situation

Foreclosures Increase – How Are Banks Managing the Default Situation

This article from MSNBC offers an interesting back drop to projected housing market  pricing trends that readers should find  informative. msnbc.com news services updated 9/16/2010 11:41:22 AM ET Share Print Font: + - NEW YORK — A record number of homeowners lost houses to their banks in August as lenders worked [...]

Housing Comeback? What is Wrong with this Article?

Housing Comeback?  What is Wrong with this Article?

The following article is an interesting study of where the housing market is going.  Many of the facts are correct, but the assumptions implied as related to the data provided are not necessarily supportable.  For example, the article recognizes how construction rates for the past several years have been far below replacement and growth needs.  [...]

5 Things To Do NOW to Deter Crime From Your Apartment Community

Daisy Nguyen offers some good advice at Multifamily Insiders to protect your property and your residents. Crime is an issue in any apartment community. Because apartments communities are denser populations, your apartment complex can be appealing to criminals - in a short amount of time, over a short distance of space, they have access to a [...]

10 Tips on Taking Better Property Photos

Great list of photo tips by John Stepleton's article in MultifamilyInsiders.  I'd add that for outdoor photos take pictures at varying times of day and varying sunlight.  Also, photos of different seasons will prove a useful addition to your  album. _______________ One of the most important elements of your apartment marketing strategy is [...]

Daily Finance Offers an Interesting Housing Value Perspective

Daily Finance Offers an Interesting Housing Value Perspective

Daily Finance offers a very interesting perspective on housing values.  The point of the article is that new homes have historically averaged around 4X income.  Also, that in the last deep recession they dipped to 3.5X value.  I believe this article bears serious consideration.  I also would  warn that the last deep recession was coupled with [...]

Apartment Default Rates Improve Passing Commercial for Performance

Apartments March Ahead The nation’s apartment sector appears to be recovering faster than other segments, in a sort of “first in, first out” play on the recession. In the second quarter, the multifamily mortgage default rate declined by 47 basis points, from 4.63% to 4.16%, falling below the commercial default rate for the first time [...]

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