Archive for July, 2009

Employee Training Programs: Investing In Your Biggest Asset Will Yield Favorable Returns We have all heard the expression “employees are your biggest asset”. For this reason, many employers today are investing substantial resources in employee-development programs. Especially in today’s competitive marketplace, it is important for workers to be equipped with more than just the technical [...]

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Training – How can we afford that now?

Training – How can we afford that now? Recently one of our clients questioned the size of the training budget for their property.  A fairly large client with assets throughout the country, the executive was comparing what we were planning to spend against what managers of other properties were proposing.  Our training budget was less [...]

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Where Wall Street meets Elm Street or Financial models don’t rent apartments The investors, analysts and portfolio managers of Wall Street use data reports and financial models to make assessments about the viability of multifamily investments. But multifamily real estate investment isn’t about the value of bricks and mortar, the journal entries, or the financial [...]

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We are all susceptible to employee theft

We are all susceptible to employee theft In real estate management we deal with huge sums of money, handled in many locations by both front office and support staff.  This presents seemingly countless opportunities for fraud and employee theft. The best way to avoid fraud, according to Joseph Hanlon, CPA with Teal Becker & Chiaramonte [...]

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We have all heard the expression “employees are your biggest asset”.  These “assets” are the basis of a company’s success, and as such, business gurus advise companies to “treat them well” and “groom them for success”. For this reason, many employers today are investing substantial resources in employee benefit packages and employee-training programs. Employee training [...]

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Most people feel that property management is easy. How tough could it be to collect the rent, pay the bills and fix the toilets.  But that is like saying driving a car is easy, just turn the key and step on the gas.  What’s so hard. Today, the property management aspect may be one of [...]

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Creating Wireless Communities

It’s the wireless revolution (wireless fidelity, or WiFi, lets users connect to the Internet at high speeds without cables) and everyone’s getting behind this high-tech phenomenon.  But, we’re not just talking laptops and PDA’s anymore.  “Wi-Fi compatible” is starting to become a common description in more product specifications – like appliances, cell phones, printers, and [...]

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