Tuesday, January 17, 2017

Technology for Roof Inspections is "over our heads"

When it comes to leveraging technology to make our jobs easier, one of the no-brainer areas to us would be roof inspections.  In addition to being "over our heads"  roofs are a bit "out of sight, out of mind," so why not find someone whose business model could include regular roof inspections that could be viewed from a website with an overall roof grading, areas of concern noted, and an approximate cost that could be budgeted for the work needed?

We thought we had located that vendor partner.  It went well for awhile, but eventually we started to notice the inspections had slipped, and were not happening with the regularity we intended.  When it worked, it worked great.  And then it didn't work any longer.  It is apparently the case that technology also encompasses the human element - who knew!!

So last year when attending a property expo, we paid particular attention to roofers, and asked each one of them whether they might offer an inspections program that we could contract for.  Out of at least 10 roofers we talked to, I believe there might have been one or two who replied yes to that question.

This month we're having a lunch & learn with that vendor.  We'll let you know how it goes.  In the meantime, if you know a roofer who provides this service on a "portfolio" basis, send me their info.  

In return I will share what I learn with you one on one.

Friday, December 30, 2016

It's another Year Charlie Brown!

As we celebrate the end of another year, and look forward to starting all over with our resolutions, and tsk tsking about how fast time flies, I'm hoping for you the following property management well wishes for 2017:

That your toilet never overflows
That your sink is never stopped up
That your HVAC system keeps you and everyone around you comfortable
That you don't slip and fall on any liquids anywhere you tread
That no breakers flip no matter how many coffee makers and space heaters are plugged in
And finally--that raindrops do not fall upon your head as you work at your desk!

If all of those holiday wishes come true, your faithful property managers will surely find something else to worry about.

Be safe as you celebrate the new year, and watch for more typical property management topics starting next week.

Friday, December 23, 2016

Merry Christmas from the Fam-i-ly

There is only one more shopping day until Christmas.  It's likely most of you have left the building by now, as has Elvis, to salvage what shopping you can wring out of this Friday.  Good luck with that. 

Hope you all enjoy your Christmas on Sunday.  Be nice to that family member you only see this one time a year and want to throttle before the end of the day, you'll have a whole year to get over it!
 

Friday, December 16, 2016

Denouncing The Lowly Space Heater

I say lowly because it is low, it's under the desk!  As we get closer to having to real, honest to goodness cold weather, I am reminded of that loathsome little device.  As property managers we try to discourage them, they use a lot of electricity, they are a fire hazard, and they make it more difficult to control the temperature overall.  Not that any of that matters.  If someone wants to use one, they just do it, and there's little we can do to stop them.

My favorite meme on the space heater use is not the wintertime use, however, it's the person who is so cold from the air conditioning in the SUMMER that the space heater gets turned on under the desk.

I feel for that person. There's a sweater on the back of their chair, the space heater is under the desk, and it's cranked.  I just hope the sweater doesn't get too close...

Denouncing The Lowly Space Heater

I say lowly because it is low, it's under the desk!  As we get closer to having to real, honest to goodness cold weather, I am reminded of that loathsome little device.  As property managers we try to discourage them, they use a lot of electricity, they are a fire hazard, and they make it more difficult to control the temperature overall.  Not that any of that matters.  If someone wants to use one, they just do it, and there's little we can do to stop them.

My favorite meme on the space heater use is not the wintertime use, however, it's the person who is so cold from the air conditioning in the SUMMER that the space heater gets turned on under the desk.

I feel for that person. There's a sweater on the back of their chair, the space heater is under the desk, and it's cranked.  I just hope the sweater doesn't get too close...

Friday, December 9, 2016

ADA and TAS - Do you know the difference?

And do you care?  Well if you're reading this blog I'm guessing you just might.  Property Managers don't get a pass on caring about accessibility for our properties.  Most of us in real estate know the acronym "ADA" as representing the "Americans with Disabilities Act."  On the other hand, "TAS" stands for "Texas Accessibility Standards."  Maybe you still don't care, and that's OK, but I must press on, because I think there's a nugget of interest, so keep reading - if only to keep me company.

When we have "accessibility" consultants evaluate a property, and we get a report from them.  Their report is all about the TAS, not ADA.  They are actually different, who knew? (please try to keep reading).  As long as the state's standards are at least as strict as ADA, each state can have its own, and that is what Texas does.

Let's say a property owner spends at least $50,000 on construction alternations at their property--that suite or area being constructed must meet TAS standards, which start from the point at which a disabled person parks their car in the parking lot, then follows the "path of travel" into the property and to the constructed area, including the bathrooms along the way.  It can be daunting to meet those standards.  You hire an accessibility consultant to evaluate the property before and after the project, and they file a report with the TDLR (yes, another acronym) which stands for the Texas Department of Licensing and Regulation.  If the "after" report still documents deficiencies, it's sort of like it stays on the property's "permanent record" (wasn't that phrase in a movie or a song), and the property owner can be subject to fines/penalties until the deficiencies are corrected.  If the cost of meeting all the requirements cited in the report cannot be met by the owner, they can request additional time to correct them, and that time is usually granted, sometimes in our experience, multiple extensions are sought and granted.

It's a bit complicated, but it's worth our time to keep up with it to avoid the state levied penalties.   You can run, but you can't hide...from the MAN (No that's not another acronym).


Friday, December 2, 2016

When a Ship Becomes a Building (Not a good thing)

Next Wednesday, December 7, 2016 marks the 75th anniversary of the bombing of Pearl Harbor.  On December 7, 1941, a little after 8 am in the morning, hundreds of Japanese ships approached Hawaii from the east, and began the attack.  It lasted only about 2 hours, and by the time the Japanese left, 20 ships, and 300 aircraft had been destroyed.  2,000 American soldiers and sailors were killed in those two hours, and another 1,000 wounded.  The day was described by President Franklin Roosevelt as a "Day that will live in Infamy," and as every one who is at least as smart as a fifth grader knows, was the event that pulled America into World War II and ultimately led to victory of the allied forces of the US, Great Britain, Canada, and Russia, among others.

As I thought about the anniversary of this most tragic event, and all the history spawned from it, eventually my property manager brain found the hook I needed so I could indulge my impulse to write about it here.

One of the ships that was sunk that day, the battleship Arizona, was left at the bottom of the harbor after the attack. The ship's 1,177 sailors and Marines were "buried at sea" with the ship, and the site has become a museum in the US National Park Service for Americans to visit and honor their sacrifice.

So it is that a ship became a building. By creating a museum of this historic and sacred place, the Park Service has given us all a window into the horror of war, and perhaps that view will help make another world war unthinkable.  This photo I found of the site shows the floating "museum" sitting just above the ship in the harbor, as a boat is unloading visitors.  Apparently parts of the museum extend below the surface of the water so visitors can see the ravaged ship up close.


I can't imagine what it must be like for the Park Service to maintain this "building" but I'm sure it is a property management challenge unlike anything my team faces.  I appreciate the effort by the Park Service to help us all to remember our history.  I hope everyone takes a minute to remember the sacrifice of the brave men who died that day so that as Americans we can live in freedom today.

Friday, November 25, 2016

What we're Thankful For

You're probably not in the office today, this post will go out the day after Thanksgiving, 2016, which is November 24.  And that's one thing to be thankful for, that you're off today.

Then there's where we get to live.  Yes, Texas is hot for much of the year, but right about now we're not thinking about that.  We're glad to live without snow and ice, with sunny skies almost all year long.

Think also about who we get to work with.  I am thankful for my "work family," who have my back every day, and who work every bit as hard as I do to keep us all on track, pursue our goals and keep our company growing.  I can't imagine doing what I do without every single one of them.

How thankful am I for our clients?  Well, without them we have absolutely nothing.  No properties to manage, no tenants to keep happy, no "work family" however much we care about each other.  I want only to keep getting better at what we do so our clients can't live without us, gratitude drives me to be the best we can be.

I could probably go on, but it's your day off.  Feel free to be thankful for a short blog post today!

Friday, November 18, 2016

Caveat Emptor and the Hailstorm

One of the first terms I learned in real estate is the concept of "Caveat Emptor," which means "Let the Buyer Beware."  Nothing in property management better represents this term than the circumstances surrounding hail damage.  As we head into winter, I'm thankful (hopeful?) we won't have to worry about thunderstorms raining hail down on our expensive rooftops and HVAC units exposed like sitting ducks, because if/when it happens, we then have to evaluate sales pitches by roofers/general contractors, some legit, some maybe not so much...as they promise MANNA from our insurance companies.  They will say: We'll get you a new roof!!!  We'll get you new HVAC units!!! Hallelujah brother!!  There's just this little voice in my head asking:  Is it true?  If it is true, is it right? 

Even if it is true and even if we believe it is right for us to pursue a claim for our client, what does it mean for our future premiums and those of other property owners?  It's definitely a "buyer beware" situation. A newsletter published by "Texas for Lawsuit Reform" recently outlined exactly this conundrum. 

The column cited concern for the potential of abuse by what they called the "Hail Cartel" which they defined as unscrupulous roofers, public adjusters, and attorneys intent on getting as much as they can from the insurance industry.  In this scenario the property owner may believe they benefit by getting a new roof/HVAC system, but if the contractor you're working with is, um..shall we say...ethically challenged, can you trust their workmanship?  I don't think so.  Caveat Emptor indeed.

Friday, November 11, 2016

Santa Cop is coming...to Arlington

There are lots of toy drives that will start to collect this time of year.  One us Property Managers, the favorite is the "Santa Cop" program in Arlington.  The Arlington police department and the Arlington Police Foundation, and the Arlington School District join together to distribute boxes to businesses, for us building lobbies, and we do our best to fill them up.  All our managed buildings will get a box any day now, and we'll encourage our tenants and their employees to bring a new unwrapped toy.  

Once the toys are collected, the groups have a great party for as many families as possible, last year it was over 1,200.

We will do part to make 2016 the best ever.  We're glad to contribute what we can, and we especially enjoy working with Arlington's finest to get it done to help every kid in Arlington have a great Christmas.  If you don't already have a way to help bring Christmas smiles to kids faces, I can heartily recommend that you grab your santa cap and call the Santa Cops.

Friday, November 4, 2016

Burning topic of the week...ICE MELT

It's 90 degrees in the shade in north Texas right now, it is mid-October, football is on a constant loop on all the channels, and did I mention it's 90 degrees in the shade?

Still, we property managers must plan for rain, sleet, snow and all the same things that keep the post-person slogging through to bring you your mail.  So in this week's PM huddle, the subject of ice melt came up, and whether we are prepared for the rare but inevitable sleet event.  The only question is when.  We stocked up last year, and didn't use a single bag.  Complacency could bite us this year, so we thought it through.  Do we have enough to go around to all the properties?  Do we have a landscaping company on board to get out (just) ahead of the storm to put it out?  Do we have them scheduled to come clean up the residue after the sun comes back out?

The toughest part of a sleet event for us?  It's whether and when to get in our cars and come to work. We north Texas drivers don't have much experience with the subtleties of steering into skids, and our municipal authorities do well just to sand the overpasses.  People die on slick roads.  I prefer no one does that for the sake of getting to an office building thank you very much.  But the tenants expect us to be providing service whatever the condition of the roads.

We communicate early and often with our tenants, keeping expectations reasonable while admitting our own frailty to stand up to scary icy roads.  If it's dangerous, we stay home until it's not dangerous, that's where we come down on the subject.

Friday, October 28, 2016

Check that electrical connection Sparky

As promised, in this week's blog post I thought I would summarize the content of the session my property managers and I attended on the need for electrical preventive maintenance.  We have already been practicing PM for our electrical systems, mainly thermography of our electrical panels.  We thought we had it nailed.  Get a thermographer onsite every couple of years, and make the fixes they recommend.

Well, according to the presenter of this session at the expo, that plan was not good enough. Resistance testing, visual inspection of connections are also an important part of electrical preventive maintenance.  And to be the most effective, it should be done every year.

And then every 3 years, there should be "de-energized" maintenance.  Yes, that means turning the power off to the whole building, and checking it all out.

I guess we will be re-considering our electrical maintenance program.  
 

Friday, October 21, 2016

Reporting in on the North Texas Facilities Expo

Wednesday October 5 our Property Managers attended the North Texas Facilities Expo.  It is a difficult proposition to work "on" the business, not just "in" the business.  But we took a day, and went to see what was new and different for property managers.  And the day was a success.  It helps that it was FREE.  We attended a session on electrical preventive maintenance and another one on maintaining fire/life systems.  We also spent time on the exhibit floor meeting vendors.  As we made our way around the exhibit hall, we were surprised how many vendors we already knew, but we also made a number of new contacts for vendors we might want to use.  We definitely got a few ideas.

One idea - door mats - I know, who cares about a door mat.  The vendor mentioned that one application for their mat is to put  "This suite available" on the mat, with the leasing agent's number. Used for retail suites.

Another - roof drain covers - equally exciting, I know.  The thing is, roof drains get clogged and damage is done.  Enough said?  These covers are virtually indestructible and keep out the smallest of particulates to keep the drain clear.

Roofs - Two of the roof vendors we talked to use drones...yes drones...to inspect roofs.  We're definitely bringing these guys in to our PM Huddle to make a presentation.

I'll talk about the sessions we attended next week...

Friday, October 14, 2016

Property Management...It's not like Baseball

Forgive me but I can't help but blog about baseball this week.  We're in the middle of the playoffs and the world series is just around the corner.  Comparing what I do to what others do is a "brain pastime" for me, whereas baseball is "America's pastime."

To me the most striking difference is in the stats.  There's an expression in baseball "batting a thousand." No baseball player has ever done it.  If a player's batting average is anywhere near a third of that, or .333, they are celebrated as hugely successful.  I imagine a scenario where only a third of the time we property managers get the toilet fixed, a tenant's temperature adjusted, or the trash picked up.  It's not a pleasant thought to imagine failing 2/3's of the time, but one I find interesting nevertheless.

It's all about the skills.  Put me in a major league baseball game with a bat in my hand and it's more likely I'd be running away from a pitch coming at me at almost 100 miles per hour, not trying to knock it out of the ball park.  Put a baseball player in my shoes, and maybe he could get the basics of the trash pickup done about as well as I could.  But could even an MLB player find a creative solution to a tough problem at a property, and do it for every single problem, not a third of them?  There's a good reason why properties with professional property management command considerably higher prices than those without.

It's fun to watch baseball, and I get that the two professions can't really be compared.  I do think, however, that because the property management professional solves problems all day every day, they could be considered the "sluggers" of the real estate business.


Friday, October 7, 2016

Is The Ball In Your Court?


I had lunch a few weeks ago with an important mentor from my early days in the property management business.  William A. (Bill) Lawley, CPM, had so many influences on my life that I decided to blog about him.  Bill was President of Swearingen Management Company in those days (80's, yes it was a long time ago), I was his fairthful servant in all things property management. 

When we had lunch, I mentioned to him that I use some of my "Lawley-isms" ALL the time.  There were a few in my memory ready to be tossed off at a moment's notice, which I did right then and there. We both got a good laugh, but actually, I was very serious.  Maybe it was the repetition, I’m just now recognizing!  It does seem now that Lawley had to say things to me over and over.  Like when I would ask him how I should respond to a particular tenant request, he would say to me:  "What does the lease say?"  He said that to me, umm, multiple times before I finally started checking the lease BEFORE I asked him, and often once I checked the lease, guess what?  I found I didn’t have to ask him, which I realized much later was his whole point.  Now I find myself turning the question around with others just like he did with me.

Often I would tell Lawley something that I was 100% confident about.  His response to me was usually "OK, now what is the other side of this story? "Uh, what other side of the story? I would say.  I just told you...don't you believe me?  "Sure I believe you, he would say"  but I also know that there are at least two sides to every story, and I want to hear it.  Over time I slowly began to see the world less in black & white, and more in the grays that are inherent in our lives.   I now realize he had to say this to me a number of times also.  Geez.


There are so more, but a blog post has to end at some point.  I'll close with his admonition to me to "Get the ball out of your court as quickly as possible."  Talk about words to live by.  It's a Lawley-ism for the ages.

Friday, September 30, 2016

Where does your carpet go to die?

No, it's really not a slow blog day.  I just skimmed an article in the trade publication Building Operating Management about this.  Consider a statistic quoted by the article:  "Recycling one ton (2,000 lbs) of VCT (vinyl tile) saves 2,670 gallons of water, the equivalent of 70 kiddie pools."  This is from Armstrong Commercial Flooring, not exactly your typical tree hugger.

As Property Managers, we make sure the tile gets installed correctly.  When it's time to replace, where it goes, nobody knows...right?  A few years ago I had a conversation with a colleague who was involved in the early stages of carpet recycling, it sounded like a good idea, but at what cost of effort, energy, and yes, dollars, to make that happen? 

As this article outlines though, the effort to recycle or re-use flooring materials is starting to go mainstream.  There was even a "third party" re-use company mentioned that I googled, and it seems to be legit - a representative from http://www.repurposedmaterialsinc.com was quoted in the article. Apparently this company takes in materials and either re-use them as they are, or for a different use. An example cited was a basketball court - once it's sanded three times, it can no longer be used for a basketball court, but it could easily be used in a restaurant or other retail store.

As I have mentioned before, our company buys carpet and vinyl flooring in bulk from the manufacturer (used to be Patcraft, now is Mohawk).  Maybe recycling the old carpet is not such a big leap after all.


 

Friday, September 23, 2016

JPM Article: Project What You Expect - Will Do!

There's no sugar coating it, this is budget season.  Everyone I know in Property Management is knee deep thinking about 2017.  I read the Journal of Property Management, and a recent article about budgeting, Project What You Expect caught my attention.  The main take away for me, reflecting my own bias, is that a budget is a "living, breathing document."  Back in the day, it was common practice to spend September and October reading our crystal balls and sending tomes of paper purporting to declare to our clients rosy leasing projections and reasonable operating expenses, resulting in copious cash flow.  Then we would explain variances throughout the year.  A valuable lesson I learned goes something like "Keep It Real."

Now that I'm in a position to organize the budget process, I am applying that valuable lesson.  Our budget format is a constantly updated excel document that gets updated with every lease renewal, move in, move out, and rent increase.   There's a tab for Property Managers to list any cash outlay not considered an operating expense.  The operating expenses themselves don't change all that much from year to year, so by capturing the tenant income changes and one time expenditures, we can pretty much take a look at the budget any time and get an idea of the cash flow for the next few years. What we don't do is budget leasing.  That violates my Keep it Real rule.  If we budget leasing, it's just a guess, and guesses don't pay the bills.

To read the JPM article, click HERE


Friday, September 9, 2016

Do You Know CPR? We AEDo!

A huge part of our culture is being goal oriented.  We find an endless number of ways we can improve, whether that's good news or bad news I will reserve for another post.  Anyway, for 2016, Property Managers and Maintenance Engineers set a "Sharpening the Saw" goal (continuing education) of completing at least 8 hours of outside training.   We put our heads together and decided to host a CPR training course as a way of achieving the goal.  We now find ourselves red cross certified to provide first aid and CPR. Who knows when one of us will be called upon to use our training, but given our role in the buildings we manage, we all feel better having the skills we learned that day.

That day we also trained on the use of AED devices.  AED stands for Automatic Defibrillator Device. Used correctly it can supplement CPR by delivering a mild electrical current to re-start a person's heart if needed.  We learned that if an AED is around, it greatly improves the survivability of a cardiac arrest.  In August we had a representative from the Red Cross address one of our PM Huddles to discuss how to install and deploy them in our buildings.  

When we set that training goal we didn't realize it would lead to adding AED devices to our buildings, but we're happy to be taking our training as far as it can take us, because it's the right thing to do, and by adding these devices to our properties we are showing our tenants that we care about the well being of their employees. For our owners, we're taking care of their customers. I do love a win win!

Friday, September 2, 2016

Have a Great Labor Day 2016 with documentary: Trash Dance

I am smitten with a documentary I just saw on PBS called Trash Dance directed by Andrew Garrison. One reviewer wrote:  Austin Choreographer Allison Orr finds beauty and grace in garbage trucks. The documentary follows Allison for over a year as she works with sanitation workers in Austin to develop a dance recital with the tools of their trade, from one individual picking up trash to 16 trash trucks, cranes and workers lifting cans and working levers to music--performing for an audience of several thousand people in the rain in Austin.  No tax dollars were involved, only private grant money and time of these unsung heroes went into the project.  I don't know whether you may have contemplated how and where the trash on your curb goes and how it gets to where its going, I cannot claim to much expertise on the subject.  This documentary tells some amazing stories.  I recommend it.

If you've been following my blog for long, you know by now that I find inspiration for being a Property Manager from just about everything I come in contact with, and Trash Dance is no exception. Like the individuals who are portrayed in this documentary, those of us in Property Management sometimes feel we labor in obscurity, that we only deal with problems, that we don't get credit for keeping the lights on and the toilets flushing.  Seeing this documentary reminds me, and I hope everyone who maybe sees themselves in less than "sexy" occupations take heart that their work has as much meaning and value anyone else's.  For this Labor Day 2016, here's to all of us who keep the trash picked up.  Hope you have a wonderful Labor Day Weekend!

Friday, August 26, 2016

Are office buildings going to the "dogs?"

You've probably seen articles touting progressive pet friendly company policies that allow, even encourage employees to bring fido to the office.  When I read those articles, I can't help but wonder whether the company checked with their landlord to see if it was OK with the landlord to have the employees bring their dogs to work.  I may be reaching here, but I doubt fido is being welcomed with open arms by the owner of just about any building.

Why, you may say, wouldn't it be OK to have man's best friend around at work?  Our four legged friends help us relax, the studies say, our blood pressure is lower with them around, etc etc.

All I can say is:  there is a reason why apartments charge pet deposits and even higher rent for those residents who have pets.  Carpets get ruined, waste has to be picked up, dog bites happen, not to mention the insurance, allergies and other issues relevant to companies who would bring their dogs into common areas shared by other tenants.    

So far it hasn't really been an issue for us, aside from one "therapy" dog in one of our properties, most of our tenants leave fido at home.  I'm glad, and I'm also hoping our buildings don't have to go to the dogs to keep our tenants happy.  I have a feeling that may make me old fashioned.  Oh dear.