As hurricane season begins here are some precautions every multi-family property owner should encourage their management team to communicate with tenants to ensure a safe and happy summer.
Hurricane Preparation Plan for Multi-Family Property Owners
5 Ways to Improve Your Multi-Family Investments Today
When investing in multi-family properties, the number one priority is often to increase the Net Operating Income (NOI) and make the investment more profitable. In simple terms, this means reducing overhead costs and increasing the property's value. But the reality is this isn’t something that can be done overnight. Improving your multi-family investment takes time and planning.
A Property Management Guide for Your Multi-Family Property
Demetree Real Estate Services has managed thousands of units and vast apartment communities throughout Florida. Our diverse client family includes national banks, insurance and pension funds, syndicators, individual investors, HUD, FDIC, Freddie Mac and Fannie Mae. The current market value of the company’s managed assets exceeds one billion dollars and we are widely recognized as a market leader in the property management of Class A, B and C. Demetree Real Estate Services is one of the largest local, family-owned real estate companies; which puts us above the rest in quality owner care.
Why You Should Be Doing Town Halls at Your Multi-Family Property
Town hall meetings are events where everyone (senior property management and tenants) can gather together to discuss upcoming events, property update/improvements and any issues facing the property in a face to face informal forum creating a setting for candid two-way communication. This gives your tenants a chance to voice their opinions on topics such as security, amenities, property staff, maintenance and programming, while also creating a sense of community.
Resident Communications at Your Multi-Family Property: Channel Options & What Really Works
Like most seasoned property managers, you have probably developed a way of communicating with your tenants over the years. However, you probably haven’t had the time to stop and think about how effective your communications are. There is a distinct difference between reaching your tenants and engaging with them.
How to Handle Rent Increases in a Multi-Family Building
Periodically increasing rental rates is necessary to keep your real estate investments profitable. However, this is a tricky process that requires good business skills, good relationship skills, and knowledge of current market conditions and legal requirements.