WPM BLOG
Safety and Security Tips for Commercial Properties
According to Murphy’s Law, “Anything that can go wrong will go wrong.” And commercial properties are especially susceptible to this adage. Commercial properties host hundreds (or even thousands) of customers and employees each day and may often house machinery, merchandise and other equipment worth millions of dollars. That’s why property managers must be especially vigilant […]
Continue Reading...Posted Under: Commercial, General
Today’s Digital Customer Base
Before the internet, if you needed to get in touch with your property manager, you picked up the phone or marched down to the front desk in person. Obviously, all of that has changed for today’s renters and homeowners. They have multiple channels through which they can seek answers and access information about their community, […]
Continue Reading...Posted Under: Associations, General, Multifamily
Association University
Julia Child once said, “You’ll never learn everything about anything, especially something you love.” The famed chef was speaking about cooking. But the same could be said about the field of Association Management. Even the most expert and seasoned Association Manager still has more to learn about this dynamic field. Fortunately, the opportunity for Association […]
Continue Reading...Posted Under: Associations, General
Multifamily Real Estate as Investment: A Client Perspective on 2018
We recently sat down with Mark Caplan, WPM Real Estate Management’s Chairman – who is also an investor in multifamily real estate and is a large client of the firm – and asked him to put on his “customer” hat for a brief discussion about his perspective as a client about the multifamily real estate […]
Continue Reading...Posted Under: General, Multifamily
What is the Purpose of a Reserve Study?
A HOA/Condo board runs its finances in much the same manner as you probably do for your own family: a checking account funds the ongoing, predicted monthly expenses, while a savings account covers unexpected expenses or future repairs and replacements. For HOAs and Condo Associations, that savings account is called a reserve fund. And the […]
Continue Reading...Posted Under: Associations, General, Maintenance
10 Things to Think About Before A Long Vacation
Whether you spend a lot or a little on vacation, the last thing you want on your return is to be greeted with a costly repair problem. Even a simple mistake, if left unchecked, can lead to major repairs. That’s why we recommend taking these 10 important steps to help ensure your property is protected […]
Continue Reading...Posted Under: Associations, General, Maintenance, Multifamily