Time to Shine
Now is our time. Our competition is hunkering down for the winter. There is less leasing activity, less ads in the paper. Tenants don’t want work being done in their apartments. It is cold out.
This time is what separates the men from the boys. While everybody else is taking it easy, we need [...]
Off to the big time
Lookout world – here we come. Our first ever New York Statewide rental survey is complete and will be released at the National Association of Home Builders Regional show in Atlantic City next month. Nobody else has it but us.
Plans are now underway for the next survey. Hold on to your [...]
The Power of Questions:
Things that create and/or influence your mental and emotional state fall into two categories. The first category is made up of forces created by your physiology (the way you move, what you eat, how healthy you are, etc.). The second category is made up of things that affect what you focus [...]
Financial models don’t rent apartments
Multifamily real estate investment isn’t about the sticks and the bricks, or the financing. Computing or understanding cash flow models, net present value, or internal rate of return doesn’t make for profitable investments. Financial statements don’t predict the future – only tell the story of the past.
Multifamily real estate investment is [...]
By admin at Jul 8th, 2009 in Blog Posts
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Property Management- not just collecting rent and fixing toilets
Property management is easy, right? Collect the rent, pay the bills and fix the toilets. Like driving a car is easy, just turn the key and step on the gas, right? Wrong! Both need proactively managed systems to get you where you want to be, efficiently [...]
Time To Raise The Bar
We have all heard the cry – “ The Absentee Landlord is to blame”. The cities, towns and villages, the neighbors, businesses and community groups, are all blaming the income property owner for their problems. This needs to change.
We need to get all of these groups to work with us, not [...]
By admin at Jul 8th, 2009 in Blog Posts
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Good times or Bad
Leasing prowess makes a difference
When was the last time you shopped for an apartment. As senior management it is easy to get away from the front lines. “I don’t have to do that anymore” echoes threw the corporate office.
In the course of generating the Sunrise Multifamily Market Report we literally talk to [...]
By admin at Jul 8th, 2009 in Blog Posts
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Take care of your Management Staff and they will take care of you
An apartment is an apartment is an apartment. Every one has walls, floors, ceilings, kitchen ,bathroom and bedrooms. In the grand scheme of things there is very little that separates one apartment from another or one community from another. Yet communities, even right [...]
By admin at Jul 8th, 2009 in Blog Posts
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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 know-how. [...]
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 than [...]
