Tag: Property Management Tips

Efficient Property Management Boosts the Bottom Line

Let Us Take Care of You and Help Your Business Flourish.
Let Us Take Care of You and Help Your Business Flourish.

As the nation’s economy continues to recover from the recession, demand for apartments and condominiums has grown. More and more owners are finding that knowledgeable and professional property management teams help optimize their investment by minimizing costs.

Providing Benefits from Day One

A property management team can pay benefits beginning in the pre-construction phase. They work with developers to design marketing strategies such as on-site amenities that appeal to the desired market and provide advice on construction legal requirements.

Once construction starts, the property management team crafts a detailed operational structure for the project, saving the developer from the time-consuming process. Elements include everything from billing systems and insurance to welcome packages for new tenants.

Meeting the “Green” Challenge

Green buildings are a major priority in today’s residential structures, and property management teams have experience in cost-effective methods to comply with energy ordinances. They find resources for loans and other financial incentives to offset the high initial costs.

First Service Residential, a Chicago property management firm, recently implemented a creative cost-savings program in their properties. They ran a promotion offering prizes to teams of managers and staff that uncovered the largest savings in air venting and filtration, piping and steam traps in their corresponding buildings.

Reduce Expenses with Tugs and Movers for Commercial Properties

Efficient trash management is one of the biggest everyday responsibilities for property management companies. Save time and money while reducing workplace injuries by using tugs and movers for commercial properties from DJ Products. Visit our website to learn more about our WasteCaddy, a battery-powered tug that moves dumpsters up to 5,000 pounds.

Safety Tips for Property Managers

Man from city service pulling garbage bin
Dumpster Safety

Property managers often deal with a wide variety of people in both public and private settings. In many cases, such as during property showings, robberies (and worse) have taken place due to the relative absence of other people. These tips can help keep you and your co-workers safe while handling the day-to-day chores of running a rental office.

Be Careful When Doing Physical Labor

There are times when property managers who don’t normally do maintenance work may need to be out and about on their properties. During those times, it’s important to take every precaution to not injure yourself. Using the right tools such as a dumpster caddy can make the job of moving heavy objects easier, leading to fewer accidents.

Always Copy Identification

When showing units, make a copy of everyone’s ID before taking them into a space for lease and only do so if someone else is around. If staffing is tight, send a quick text/email to your office with an ID scan so at least someone else knows who is viewing the property.

Schedule Unit Tours in Advance

By having potential tenants schedule their showing in advance, you can limit tours only to periods of time when there will be more than one person in the office or on the property. If that does not work for the tenant, you can at least have another person accompany you for the showing.

If you’re interested in learning more about keeping yourself safe as a property manager, or making your workload easier with tools like a dumpster caddy, give our staff at DJ Products a call at 1800-686-2651.