Developing a Maintenance Plan for Multi-Family Properties
Pre-Recorded
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Date
Jun 29, 2021 -
Time
13:00 PM EST -
Duration
60 Min
$199.00
Book Now
Summary:
Maintenance
is a major cost for multifamily properties-yet, if you are like most property
owners and managers, you are likely wasting an already tight budget on poor
repair choices. It is time to strategize to reduce costs and increase
maintenance staff productivity.
This
webinar will teach the basics of setting up a maintenance plan for your
property. By doing so you will have a guide to get things done most
inexpensively while providing top not service to your resident. Attendees will
also learn the importance of inventory, applied time versus actual time and how
to measure performance of staff. Also, we will discuss how to manage costs in
terms of personnel and materials.
What Will You Learn?
· Fundamentals of maintenance management.
· How to develop inspection and cost standards
· Fundamentals of work scheduling
· Understanding the finances of maintenance management
· Managing maintenance personnel
· Measuring and monitoring performance
· What is applied time?
· What is the biggest time waster for maintenance staff?
· How to effectively develop a budget
· How to set up a maintenance schedule
· Economic life vs actual age when setting up replacement plan
Benefits for attending:
Maintenance
costs are the biggest share of any multi-family housing budget. This course
will identify strategies to reduce costs and increase productivity of property
maintenance. It will teach the importance of inspections and how to effectively
save money by having a viable inspection system.
What Will You Achieve?
We will
also learn the importance of inventory, applied time versus actual time and how
to measure performance of staff. Also discussed will be how to manage costs in
terms of personnel and materials.
Who Should Attend?
· Property Owners
· Maintenance Staff
· Property Managers
· Housing Authorities
· Compliance Staff
· Realtors
· Lenders
· Developers
· Bankers
· Builders
· Accountants
Paul has
been involved in the real estate industry for the past 38 years. He has been
involved in sales, construction, project management, appraisal, mortgage
consulting and brokerage, property management and property management
consulting/training.
Through
his consulting company, Property Management Solutions, he provides training and
consulting services nationwide to owners, management companies, multi-housing
associations, as well as state and federal agencies.
He
specializes in fair housing issues and has developed fair housing and outreach
programs for governmental agencies as well as conducting seminars which are
presented to property management companies, apartment associations and the
general public. He also conducts research analysis for impediments to fair
housing for grantees of federal CDBG funds.
Most
recently, he has been a consultant to the City of Sioux Falls and the State of
South Dakota. In this assignment he has developed a fair housing awareness program
that is one of the first of its kind in the nation. It involves a three pronged
approach to fair housing awareness. This approach makes use of an ombudsman
concept and has proven to be very effective in dealing with discrimination and
landlord/tenant issues.
For over
twenty years was involved in appraisal of residential, multi-family, farm and
commercial properties throughout the Midwest. Most recently, he was a
consultant for affordable, multi-housing properties in 22 different states.
This involved properties in HUD, Rural Development, HOME and Tax Credit
programs.
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