Shelly Longoria Earns RMP Designation

Austin Landmark Property Services, Inc. (CRMC) is proud to announce that Shelly Longoria has the Residential Property Manager designation from the National Association of Residential Property Managers (NARPM®).  Only a few hundred members of NARPM® have earned this designation and that is because are no easy steps to obtain it.  At ALPS we strongly believe that we deliver quality service by having the best educated residential property managers in the industry, and we welcome Shelly to these ranks and invite you to do likewise.  The requirements for the RMP designation are listed below.

RMP® Requirements:

  • Be a current member of NARPM®.
  • Be a currently licensed real estate agent for a period of not less than the 2 previous years. (If your state requires licensing.)
  • Verification of 100 unit years of experience acquired over a minimum of two consecutive years. (One unit year equals management of 1 residential unit for 1 year.) Must manage a minimum of 25 residential units during candidacy period and at the time of achieving the designation.
  • Successfully complete 18 hours of NARPM® approved coursework, plus the NARPM® Ethics course.
  • Earn 50 elective points through service to NARPM®. All Service Verification should be provided on the required 
  • Attend two NARPM® state or regional conferences OR one NARPM® national convention prior to completing candidacy.
  • Submit letters of recommendation from 2 RMP® or MPM® designees and 3 clients. Letters of Recommendation should be completed through online designation packet.

Rick Ebert/Austin, Texas/27 Sept 16

High Tech Firms Flock to Austin

In a report published today by Offices/Americas the JLL Company, a real estate project and development firm, stated that high tech firms are flocking to the Austin and Dallas area. The reasons given are not to us:  relatively low cost of living, well-educated millennial talent pool, a diversified employment talent base, and room to expand (at reasonable expense I should add).  The report covered the top 15 high tech firms in the land and Dallas came in 8th and Austin came in 7th.in growth.  When measured against being resilient to an economic contraction, Austin placed 3rd, and Dallas came in at 12.  The report stated that this trend is expected to continue and this fits in nicely without sources that I have examined this year.  In order to maintain this pace new buildings and those be retrofitted for high tech firms are adding amenities once considered luxury items.  These include items such as charging stations, helipads, boat launches, hike and bike paths, and the like.

 
What these means to us investors in Austin area residential real estate is that our rentals must be in a condition to attract these millennials that are moving here.  Start with the basics such as paint and floor coverings that are fresh, nice yards, garage openers, ceiling fans, irrigation systems, and modern kitchen appliances.  In the past I considered offering landscaping as a luxury item, but I (and you) may want to reconsider that option as millennials probably don’t like mowing lawns (do any of us really?).  In our area lawn mowing twice monthly is only needed about 9 months out of the year.  During the dormant months I have the lawn crew trim up the grass and do tree and shrub maintenance only once a month.  It is something to consider as it is a value added amenity and you can probably recoup the monthly cost and maybe even make a few extra dollars if it means that your rental will lease up faster than the completion.

 

Rick Ebert / 20/Sep /1