Last week our garage door broke and is becoming an extremely costly repair. Before any repaid is done our management company requires us to get quotes from three different vendors. All of the vendors have ballparked this repair around $10,000 which is not necessarily in our budget, Because this item […]
Read MoreFrom the Field
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Slow Traffic
The past few weeks our property has had incredibly slow traffic. With lower traffic it has made each tour and prospect that much more important. We have several units that have been sitting vacant for a while and our vacancy loss is growing daily. This has forced us to offer […]
Read MoreMurphy Bed
Today I learned what a murphy bed was. We are going to be building a new building in Saint Paul and they asked me to look into murphy beds and other furniture ideas for small one bedroom apartments.
Read MoreIrrational Residents
Residents just think they can move out whenever they want. So today we had a lady come into the office freaking out at us because she is moving out of her apartment 2 weeks before her lease is up and doesn’t think she needs to pay rent after she moves […]
Read MoreThat is not an emergency…
The other day, we got a call to the office at the end of the day. A resident had a light bulb out in a closet. I told her that I would put in a work order, and that a maintenance member would be out the next day. She then […]
Read MoreSlow day in the office
Well today has been pretty slow and the phones aren’t ringing. When you have days like today, it is a great time to call everyone on your prospect pipeline and make sure people are still interested in your apartments. If someone hasn’t showed up for a showing make sure you […]
Read MoreRoof Scandal
This morning I came into work and pulled up our emails and the first thing that I saw was pictures of a couple on an air mattress on the roof of our building. These same residents have had many noise complaints, late rent payments, and we have been suspicious of […]
Read MoreTag Labor
Yesterday my boss and I visited with Rice Real Estate Company concerning the Medical Arts Building in downtown Minneapolis. Rice was looking for tag labor which is labor that is outside of the scope of work that is defined in our contract with them. This labor creates increased revenue for […]
Read MoreHines Properties Bid Meeting
Last week I had the pleasure to sit in on a bid meeting with Hines Real Estate Investments. Our 3 year contract with them had expired and it was time to put in a new bid to clean their buildings. We had the first meeting because of our past work […]
Read MoreCops on property
Today was my first interacting with cops while managing the property. It wasn’t anything serious but it got me think what the future will hold when dealing with a location that houses so many people with the possibility of anything happening. I’ve had heard many stories of dealing with bad […]
Read MorePit bulls on Property
So we are a pet friendly community with many dogs on our property. Well, pit bulls aren’t usually allowed on our property because we have a few breed restrictions and this is one of them. We recently had a resident move in who has a pit bull as a service […]
Read MoreComing in early and staying late…
Today, we started the day off early because we had a meeting at 7 West with some other employees in the Minneapolis area talking about “opening up shop” as Weidner calls it. We just went over how the first hour of the day is supposed to be used to walk […]
Read MoreDouble amount of lots
Last week I was in a meeting with my boss, a city council member, and the EDC vice president. Last year we developed 104 lots in Grand Forks all together. The city wants us to double that number and get it to 200 next year. That will be a very […]
Read MoreProperty Event
My Community Director has faced me with the challenge of creating a property event before I leave in a few weeks. My current top choices would be root beer float event or a grill out. I’m leaning towards a root beer float event so people can come in and grab […]
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