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  • Self Storage Insurance
    By joel on August 23, 2011 | No Comments  Comments

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    As property managers you have to ensure that you are doing whatever you can to protect the customer as well as your business. Without customers coming in to rent you will not have a business to run. So for those property managers who are all about their business and put the customers on the back burner, they might want to rethink their stance. Believe it or not some property managers actually do not know that most of things they are selling to the customer as a feature are actually ways to ensure the safety of the customer. These features include a secure gating system, security cameras and also some type of coverage on their belongings.
    Insurance coverage or some other sort of protection plan is not easily accepted by some people, including those who rent a self storage unit. You may notice more storage companies are taking the route of requiring or at least offering and encouraging renters to have coverage of their items they store. With the torrent of natural disasters that have occurred over the last few years, you can say those who had coverage whose unit was caught in a tornado or such were lucky to at least have something they could recoup. Those who did not, unfortunately were out of luck.
    This time the caller I just spoke with decided to play it safe and make sure to ask about the coverage so he could apply for it. They felt they could never know when something could happen to their belongings so they wanted to have a security blanket. Just like insurance on their car, home and also on their life, self storage insurance is there to protect what you hold dear. Not everyone can come out of pocket to purchase the things they want or have lost. So when a property manager is offering you self storage insurance, do not give them a hard time. If you did not think what you were storing was important, you would just take it to the dump and be done with it. Instead you are storing these belongings. So ensure that your belongings are insured.

    As property managers you have to ensure that you are doing whatever you can to protect the customer as well as your business. Without customers coming in to rent you will not have a business to run. So for those property managers who are all about their business and put the customers on the back burner, they might want to rethink their stance. Believe it or not some property managers actually do not know that most of things they are selling to the customer as a feature are actually ways to ensure the safety of the customer. These features include a secure gating system, security cameras and also some type of coverage on their belongings.

    Insurance coverage or some other sort of protection plan is not easily accepted by some people, including those who rent a self storage unit. You may notice more storage companies are taking the route of requiring or at least offering and encouraging renters to have coverage of their items they store. With the torrent of natural disasters that have occurred over the last few years, you can say those who had coverage whose unit was caught in a tornado or such were lucky to at least have something they could recoup. Those who did not, unfortunately were out of luck.

    This time the caller I just spoke with decided to play it safe and make sure to ask about the coverage so he could apply for it. They felt they could never know when something could happen to their belongings so they wanted to have a security blanket. Just like insurance on their car, home and also on their life, self storage insurance is there to protect what you hold dear. Not everyone can come out of pocket to purchase the things they want or have lost. So when a property manager is offering you self storage insurance, do not give them a hard time. If you did not think what you were storing was important, you would just take it to the dump and be done with it. Instead you are storing these belongings. So ensure that your belongings are insured.

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  • For Your Consideration – Property Management System
    By admin on May 12, 2009 | 69 Comments69 Comments  Comments

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    For property owners or investors, implementing a great property management system is of prime importance in order to gain maximum market value for their assets such as apartments and buildings. Such a system can be described as a software program that has been designed and developed for the purpose of helping customers manage and achieve good control over all aspects related to realty management.

    Unfortunately, many property owners ignore the importance of this system either because they lack adequate knowledge of the topic or because they are unable to devote time to attend to the various issues related to facility management. In fact, some property owners without a property management system dread the very thought of managing properties as they find the task too stressful and daunting. In these circumstances, it would be best to sign up for an effective management system designed for handling properties.

    Technological advancements in the last few decades have greatly contributed to the enhancement of overall efficiency, streamlining processes and aiding property owners and management firms in gaining good control over all issues associated with managing properties. At present, management systems are widely used in a range of fields like management of intellectual property, banking, realty, logistics, hospitality and hotel management. Consequently, there are different kinds of property management system available today.

    Choosing the Right System

    Here are some proven tips to simplify the process of selecting a good system for managing properties

    • Is the system a better alternative – To select the right system that is best suited for individual requirements, it is important to determine why the system is necessary. For instance, a management system designed for the hospitality industry must feature programs that simplify the guest reservation process, enable faster check in, enhance productivity and facilitate a better experience for guests.
      On the other hand, to handle all issues related to property, a property manager requires a system that is able to maintain a database of tenants and streamline all activities of managing properties. A well selected and properly installed system can greatly simplify business operations related to managing properties and relieve a landowner from a lot of stress. This system is also a proven method to eliminate human errors and enhance efficiency by substituting manual tasks with easy to use interfaces.
    • Understand specific needs – While planning to introduce a management system into a realty business, it is important to assess individual requirements and expectations. For this, one must interact with all people who use the property management system either directly or indirectly. This helps in gaining insight into the requirements of each person that may play a pivotal role in improving efficiency and simplifying their jobs. Equally important is the act of considering the opinions of those people who are not enthusiastic about implementing this system. Most importantly, the technical staff must be included in all these discussions since they are the ones attending to the installation, implementation and integration of the system.
    • Consider the budget – It is crucial to estimate how much a landowner or a management company is willing to spend on installing a property management system . Currently, the different systems available in the market come with different features. The price range of the systems also differs according to the type of features present. Once a budget has been fixed, it is easier to make a choice as one can eliminate all those options that cross the specified budget.

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  • Attitude Is Everything
    By admin on July 27, 2006 | 2 Comments2 Comments  Comments

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    Written by Natalie Thomas, ultimate secret shopper.
    Welcome to the PhoneSmart property management blog, the ins and outs of property and commercial management.

    I used to be a substitute elementary teacher a few years back. I wanted to see how the elementary schools operated nowadays since I was thinking of going back to school to be a teacher. Well after 5 years of substituting I still had not made the leap but I did learn some important lessons.
    The first lesson I learned was from our substitute coordinator. She told us that if we got up in the morning and did not feel like we could give 100% to please call her and they would find a replacement. She wasn’t just talking about our health but mostly our attitude. She claimed the kids could “smell” a bad attitude and they would then react with behavior that was not necessarily great. I never got a chance to test her claim but I believe it to be true.
    The next lesson I learned was from many hours in the classroom is that kids like (and need) structure. Sometimes that “structure” would be an awesome lesson plan or a great daily schedule. Other times a good classroom structure was applicable rules and discipline.
    Check your business and see if it has a good attitude. Examine your structure and see where you can help your business. Even an established successful business needs to take one step back and look at the inside works. Often just a few adjustments can be made to enhance the business you already have.

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