Kevin Juhasz’s Post

Modern tech solutions are making work easier for property managers—and leasing in particular is seeing an influx of time-saving technology. In our latest guide, we’ll cover the most popular prop-tech trends in 2024. https://lnkd.in/dBpPa_-E

Leasing season (May to September) is a vital time for residential property management, and it’s never too early to prep your team or too late to optimize your processes: rptn.co/jAUApBAiP4t

📚 Dive into the world of lease management! Whether you're a seasoned landlord or just dipping your toes into the rental market, understanding lease management is 🔑https://bit.ly/44kNX6l #PropertyManagement #LeaseManagement #RealEstate #LandlordTips

Our 5-Year Leases Methodology: A Hassle-Free Approach to Leasing 🏠 At 5YearLeases.co.uk, we’re dedicated to providing landlords with a reliable, stress-free leasing experience. Here’s our streamlined process: ⭐ Initial Consultation We discuss your property goals and show you how our lease scheme guarantees rental income. ⭐ Property Assessment Our team inspects the property to ensure it meets standards and advises on compliance updates to maximise lease value. ⭐Competitive Lease Offer We offer a clear 3-5 year lease based on our assessment, providing you with a competitive rental income. ⭐ Tenant Placement Partnering with trusted public sector and care providers, we handle tenant placement—no screening or management needed. ⭐ Ongoing Property Management From maintenance to inspections, we keep your property in excellent condition throughout the lease. ⭐ Guaranteed Monthly Rent Payments Enjoy consistent, guaranteed income without worrying about voids or arrears. If you’re ready for a hands-off property management experience—no tenants, no voids, no maintenance, and no problems—our methodology is designed with you in mind. #5YearLeases #GuaranteedRent #StressFreeLeasing #LandlordSolutions #PropertyManagement #LongTermLeases

Leasing isn't just about space, it's about this key component. Vision. In real estate, standing still means falling behind. Today, I’m sharing an article that not only resonates with my journey but also reinforces our collective pursuit of innovation in leasing and property management. This piece explores the intersection of technology, resident engagement, and strategic foresight in crafting leasing strategies that go beyond the conventional. It’s a must-read for those committed to shaping the future of real estate through mindful, innovative practices. Reflecting on my own experiences, particularly the early challenges of navigating student housing leasing, the article’s insights into proactive and resident-centric strategies strike a chord. It reinforces the lesson that success in leasing requires more than just filling vacancies; it demands a nuanced understanding of resident needs and market trends. The future of leasing lies in our ability to anticipate, adapt, and apply innovative solutions that resonate with a diverse tenant base. It’s about creating environments where people don’t just live but thrive . Let's discuss: How do you envision the future of leasing and property management? Which innovations do you believe will shape our industry in the coming years? #ThoughtLeadership #FutureOfLeasing #InnovationInRealEstate #PropertyManagement"

Let’s address the real issue in multifamily leasing. 👀 Leasing is one of the most critical functions when it comes to driving NOI, property value, and resident experience—yet it’s often treated like an afterthought. Too many companies place entry-level employees in leasing roles with minimal training and little support, then expect them to succeed. This leads to dysfunction and unrealistic expectations. A 94% occupancy rate? That’s considered “good enough.” But here’s the truth: It’s not! Leasing should be treated as a professional sales function with a strategic focus on driving better performance, increasing occupancy, and enhancing the resident experience. This is the shift the industry needs. What do you think? RW16 with Michael DiMella and Chris Arnold #Leasing #PropertyManagement #MultifamilyRealEstate #ResidentExperience #PropertyOperations

🚀 Boosting Leasing Success with Faster Response Times 🚀 In multifamily leasing, speed matters! Slow responses to inquiries can cost communities leads, tours, and ultimately, revenue. Here are the key insights from Zuma’s response time study: ⏱ Timing is Critical: Responding to inquiries within 20 minutes can boost response rates by 23%, while delays of over 1.5 hours can lead to a 51% decrease in engagement. 💸 Impact on Budgets: Up to 50% of a property's marketing budget can be wasted due to ineffective leasing practices when leads go cold. 🤖 The Solution – AI-Powered Leasing Assistant: Zuma’s AI assistant, Kelsey, ensures rapid responses by engaging leads 24/7, answering questions, and scheduling tours with a 2-minute response time. 🌐 Seamless Communication: Kelsey manages conversations across all channels, ensuring a consistent and personalized experience. 🏆 Maximize Conversion: By maintaining prompt engagement, property management teams can capture more leads and drive leasing success. Don’t let slow responses cost you leases. Speed up your leasing process and improve conversion rates! #Colliers #Pittsburgh #MoreIn24 #ThriveIn25 #ClosersCoffee #ColliersCapitalMarkets https://lnkd.in/eTR6XbH7

🎉 Join us in congratulating our client, Mission Rock Residential, LLC, on their recent feature in Technology Magazine! Mission Rock is leading the charge in transforming the multifamily housing sector with cutting-edge technology and data analytics, significantly enhancing customer experience and operational efficiency. At the forefront of this transformation are Marcella E., Chief Experience Officer and Kevin Vertrees, Executive Vice President of Information Technology. Together, they are committed to a strategic approach that balances technological efficiency with the human touch—an essential differentiator in today's digital landscape. In the article, Mission Rock highlights how their strategic partnership with RealFoundations provides invaluable support as they embrace innovation and best practices in property management. "[RealFoundations'] managed service capabilities enhance our accounting and application support teams, allowing us to scale and meet business demands. For instance, we recently added 82 properties to our portfolio, working with RealFoundations to tackle the daily accounting tasks and enabling Mission Rock to focus on property and system setup needs." - Kevin Vertrees "Even when we're not necessarily working on a project together, if we have a question or concern, we can pick up the phone or shoot an email and collaborate with RealFoundations to understand industry trends." - Marcella E. Bravo, Mission Rock! RF is proud to support your journey and we look forward to witnessing your continued success. 🔗Click here for the full article: https://lnkd.in/gN592buy

When does the Property Management Company get involved on our deals? IMMEDIATELY! When we begin analyzing and underwriting a property, we always reach out to the property management company that we intend to use. They are a wealth of knowledge and may have even managed that property in the past and certainly know the other properties in the area. The new property manager always accompanies us to the property during due diligence. Property management companies are indispensable partners in the process of Due Diligence, and here's why: Operational Insight: Property managers possess intimate knowledge of day-to-day operations, tenant dynamics, and property maintenance needs. Financial Analysis: Beyond rent collection, property managers track expenses, maintenance costs, and budgeting. Their financial acumen provides a comprehensive view of the property's income and expenses, aiding investors in accurate financial projections. Market Intelligence: Property managers are deeply connected to local rental markets. Their understanding of rental rates, tenant demographics, and demand trends adds a layer of market intelligence to due diligence efforts, helping investors assess the property's competitiveness and growth potential. Local Compliance: Navigating regulatory requirements and compliance issues is a critical aspect of due diligence. Property managers are well-versed in local regulations, ensuring that the property meets legal standards and mitigating potential risks associated with non-compliance. Tenant Relationships: Strong tenant relationships are fundamental to property performance. Property managers' interactions with tenants provide valuable feedback on tenant satisfaction, retention rates, and potential leasing opportunities, contributing to a comprehensive assessment of the property's tenant base. In essence, property management companies serve as indispensable allies in the multifamily due diligence process, offering operational insights, financial expertise, market intelligence, legal guidance, and tenant relationships. We love our property managers! Collaborating closely with property managers enhances due diligence efforts, enabling investors to make informed decisions and unlock the full potential of their multifamily investments. Email! Call! Text! Do something to start generating passive income! invest@skycapitalllc.com - type more info or set up a call in the subject!

🚨 Introducing the VTS 2024 Leasing Forecast 🚨 With the launch of VTS 4, we’re bringing all of our AI-powered predictive market data in-app to our customers for the first time, enabling us to produce accurate forecasts on the future of leasing and net absorption trends. For 2024, we predict… 🗽 New York City will lead the charge with a 17% increase in office leasing, soaring to 30.3 million square feet—a post-pandemic record. 🌉 In San Francisco, leasing activity is expected to rise 14%, reaching 6.6 million square feet. 🇬🇧 London will grow steadily, with leasing activity up 6% to 11.1 million square feet. Dive into our 2024 forecast to learn more: https://lnkd.in/epj44PAJ