January 28th, 2010 by Mike
The 2009 calendar year has officially come to an end and a new year has begun. For property managers this means closing out the books, generating year end financial statements, and creating budgets for the new year. This, to me, is an opportunity to prove my worth to my clients by showing them profits and/or savings, especially in this tough economy.
December 9th, 2009 by Mike
A property management fee is a small price to pay by a property owner if one does his/her homework and chooses the right management company. The way I see it, a property manager has two main jobs: the first is to remove all stress and responsiblity related to managing a property from the property owner and the second is to save the property owner money.
December 4th, 2009 by Mike
The Jersey City real estate market has enjoyed significant price increases over the last 10 years. The price increases in 2005 and 2006 were in double digits. While 2007 reflected a slow down, the average price in 2008 still inched up around 4%. Prices in 2009 are slightly down with higher priced properties seeing the most significant decline.
December 1st, 2009 by Mike
A recent poll says residents are not as enamored with their home towns as some think.
A Quinnipiac University poll asked residents if they would support merging school districts and municipalities to lower property taxes. Some 73 percent said yes. Only 22 percent said no.
November 29th, 2009 by Mike
Freddie Mac (NYSE: FRE) announced today that in 2008 it set a record of $24 billion in volume for its multifamily whole loan and bond guarantee business (multifamily mortgage settlements), a more than 10 percent increase over the 2007 volume of $22 billion.