Peter Bubel+ by | Sep 3, 2018 | Peter Bubel, Real Estate
The rise in popularity of home improvement shows on the TV has seen many people seek to take on the position of real estate investor for their full-time career. Breaking into the real estate sector may seem like a difficult to achieve position but becoming more than simply a one-person investor but a more advanced team of workers creating a successful real estate investment company.
The first question each professional should be asking themselves is what is the aim of real estate investing? If the answer you provide is anything other than to make deals, a rethink of how you approach real estate is in order. When breaking into real estate, the new investor can find hundreds of books about closing a deal and in-person seminars based on the need for closing the best possible transaction. When taking a step back, one is met with the realization that finding deals is a difficult thing to do. The first deal to look for is that providing the investor with a property to purchase, these deals are hard to find when a profit is being sought.
One of the most unhappy moments for those looking to create a positive career as a real estate investor is the realization that there is no shortcut to real estate success. The path to real estate success should be taken in short, small steps including many goals achieved over a long period of time. By achieving small goals when setting out on a new real estate venture, the chance to grow a business for the long-term is always higher than it was before.
A major decision each investor will be faced with at some point is how much property to sell and how much to keep hold of. The aim of each real estate investor is to make money in a fast and consistent manner which should include the retention of a large number of properties used as an investment against which money can be earned and obtained. The retention of properties can be of major importance for those who are looking to build a growing company based on the principle of underpromising and overdelivering. The delivery of a property with more than was originally agreed to by an investor creates the wow factor each person in the industry is striving to achieve.
Peter Bubel+ by | Jul 20, 2018 | Blog, Peter Bubel, Property Management
Reports show that the property management software market is likely to reach approximately 2 billion after the projection period. North America is going to be the rapidly developing area for the market, with Europe and the Asia Pacific following respectively. The residential sector will provide prominent opportunities to the application. It will facilitate government initiatives and infrastructure development across the globe. The following contribute to the massive software growth.
The worldwide infrastructure developments are leading to demand real-time property information access. Rising cost of production has resulted in the increased construction of multi-dwelling units (MDU). Property owners and managers usage of the centralized system to collect and store investment details have also contributed to the software expansion. They can save time and access features easily.
The property software can be segmented into various components depending on the users, region, and application. The cloud-based app is going to dominate the platform due to the increase in penetration of numerous technologies worldwide. Virtual tools allow for easy database access, efficient properties management, and data content authenticity and consistency. These features have led to the high demand of the management application.
Homeowners invest in the property management software market for asset management operations like tenant management and maintenance. Residential properties need the application for properties administration, tenant replacement, and maintenance and repairs. The residential infrastructure developments like multi-family units and affordable housing contributed to the market share growth in 2018. The commercial sector is also projected to expand significantly between 2018 and 2026. Businesses focus on improving their operations and reducing expenses across systems also leads to the development of property management software market.
The steady adoption of the solutions across the area made North America have a significant market share for the software. The continuous increase of its use across company operations is going to supplement its expansion. Also, the rising demand for the management application in Europe, Middle East, Africa, and Asia Pacifier is expected to expand due to the increased MDU units and software adoption.
Market intelligence firms provide business information services and reports. The experienced team of researchers, analysts, and consultant use various techniques to obtain and analyze details. They continuously update and revise data for the property management software market to reflect latest information and trends.
Peter Bubel+ by | Jul 7, 2018 | Blog, Peter Bubel, Property Management
The property industry is among the ever-growing sectors. It is diverse with major real-estate companies with assets across the world and landowners renting properties. Running a property portfolio is a complex task.
Property managers should monitor and maintain their material goods to a given standard. Landlords ought to adhere to legal provisions when operating and controlling their properties. Property monitoring applications have simplified the real estate management process. Check out the best 2018 property management software.
Appfolio is a real-time management solution that provides cloud tools to property managers, residential, and commercial. It attracts renters and clients and helps property professionals manage financial data and assets. Users can maintain a track, get business metrics, and interact with vendors, renters, and owners. Owner portals provide access to statements and reports.
Buidium offers a plethora of business operations, leasing tools, property management, and accounting. The app is ideal when dealing with numerous properties. Users can maintain finances and requests as they market the goods online. The platform has portals for property owners, residents, and stakeholders to communicate. It covers student housing, residential properties, and community associations.
Rent Manager is a flexible management platform. It comes with integrated accounting, asset management database, contact management, work ordering tools, and marketing solutions. Real-estate professionals can manage and resolve issues as they monitor their finances. Rent Manager is mobile friendly, and realtors can accept payments, enter orders, take pictures, and organize service inspections from any location.
Re-Leased is useful when leasing commercial and residential properties, office units, and co-working spaces. It operates as a central hub and, users can view and delegate tasks, as they manage properties. The software allows one to get reminders on crucial tasks to resolve service issues. You can also communicate with landowners and tenants through text messages and email as you work.
Qube Global Software delivers tech solutions to managers and investors. It is appropriate for a range of property businesses like residential, commercial, and student properties. The application has features like invoicing and billing, tax management, tenant and landlord database, late fee calculation, and insurance management.
The named apps are perfect for any real estate company. However, a property manager should pick software that matches their needs. Compare the price of the applications from various dealers to get an affordable platform.
Peter Bubel+ by | Jul 2, 2018 | Blog, Peter Bubel, Property, Property Management
Landlords and their subordinate property managers are typically viewed as important figures in the lives of renters. After all, they can evict tenants at their will, be accommodating or not-so-accommodating of renters’ needs, and engage in other potentially life-changing behaviors.
As such, communication between renters and property managers is essential for solid relationships to form. Considering that property managers often have hundreds of units to oversee, property managers are more often than not likely to be distant to renters, rather than the contrary.
Understanding how the average renter prefers to communicate is essential to hitting it off with tenants.
Recent statistics show that the United States was home to some 126 million households in 2017.
According to the always-reputable Pew Research Center, the proportion of renters to homeowners in the United States is more in favor of renters than ever before, with statistics from 2016 indicating that roughly 43 percent of those 126-odd-million households rented their places of living, rather than outright owning it or paying a mortgage against its ownership.
Further, adults between the ages of 18 and 35 were found to rent more frequently than any other age group.
Why does this last statistic matter?
Common knowledge and research alike indicate that younger populations are more likely to use technology than their older counterparts. The aforementioned Pew Research Center found that, in 2012, 97 percent of people aged 18 to 29 in the United States used the World Wide Web, with the next three age groups – 30 to 49, 50 to 64, and 64 onwards – using the Internet less than younger people.
Since property managers inherently oversee rental properties as a part of regular work, combined with the fact that younger generations rent more frequently than older age groups and are also more likely to show affinity towards the World Wide Web, communicating with renters through technological means is unarguably well worth the effort.
What can property managers do to best communicate with tenants?
Using automated marketing software is essential to keeping in touch with renters. Considering that most renters, by a large margin, use the Internet, it only makes sense to take advantage of such technology.
Promoting a true open-door policy is also essential to good tenant relationships. Property managers should consider hosting digital comment boxes that renters can anonymously provide feedback through.
Peter Bubel+ by | Jun 22, 2018 | Pennsylvania, Peter Bubel, Travel
From its history of independence in Philadelphia, production of chocolate in Hershey, and its mix of coal country and agriculture, Pennsylvania boasts a landscape rich in diversity. With an abundance of unique towns and histories to explore, Pennsylvania offers prime destinations for travelers of all kinds. For those who want to explore the beauty of Pennsylvania without getting caught in crowds of vacation-goers, here’s a list of four of some of the best hidden travel spots to visit in Pennsylvania.
Pittsburgh Botanic Gardens
Less than a 15-mile drive from the bustling center of downtown Pittsburgh, PA., the Pittsburgh Botanic Gardens offer a luscious retreat from industrial life. The woodlands span 60-acres and offer three miles of green, serene trails for exploration. Speckled with huts, cabins, and chickens, the property also includes an award-winning Lotus Pond. Aside from trail, the Pittsburgh Botanic Gardens also offers tours of the land, as well hosts special events, including yoga or botanist walks and talks.
Eckley Miners’ Village
Situated in the northeastern coal fields of Pennsylvania, Eckley Miners’ Village is a town frozen in time. Though its inhabitants have since left, the patch town remains a standing museum of coal mining during the early nineteenth century. Featuring buildings such as the Immaculate Conception Church, 1861, the Slate Picker’s House, 1854, and a 1968 reconstruction of Eckley’s company store, Eckley’s Miners’ Village offers an educational glimpse into the past of anthracite coal mining and patch towns that fueled the economy.
Wolf Sanctuary of PA
Located in Pennsylvania Dutch Country, the Wolf Sanctuary of PA is a nonprofit organization nestled on over 80-acres of property and home to wolves without natural homes. For over thirty years, the sanctuary has become a haven for wolves and wolf dogs, and a place of education for visitors seeking to encounter the animals up close and learn more about their lifestyle and preservation. In addition to public and private tours of the packs, the Wolf Sanctuary of PA hosts Full Moon Tours, which feature live entertainment, bonfires, and more in-depth guides.
Raymondskill Falls
Nestled between Pennsylvania and New Jersey, the Delaware Water Gap offers more than 60,000-acres of lush mountains, hiking trails, and ravines. The Raymondskill Creek Trail is found at the northernmost part of the park and leads to Raymondskill Falls, which is the tallest waterfall in Pennsylvania. Though the trail is short, it offers two viewing decks of the waterfall that is only a few feet shy of matching the length of Niagara Falls.
With such diverse landscapes and histories, there’s a vacation spot for everyone in Pennsylvania.
