This is the final article in our year-long series: Advocacy by the Numbers. Last month, we explored addition and subtraction (i.e., the Census impact on redistricting). This month we finish our in-depth look at quantitative advocacy by exploring political action committees (PAC). AATC’s... Continue Reading
Eviction moratoriums, rental assistance, inspections, due diligence, and budgets, if you are like me, you cannot wait for 2021 to be over! So to help you make it one more month, I thought we would have a little fun. I will give you a Holiday Quiz about four common operational challenges that... Continue Reading
For most AATC members, mathematics means addition and subtraction (e.g., revenue minus expense equals net operating income; budget variances; effective rent; etc.). Math serves as a tool. Don't tell your asset manager, but their econometric models, algorithms, net present values, Reimann... Continue Reading
As a multifamily owner/operator, the past two years have been fiscally, physically, and emotionally draining. The old line about a crisis-building character is way overrated!! Given all the stress in 2020 and 2021, I can honestly tell you have learned a lot about myself, our industry, my... Continue Reading
Government budgets typically involve billions and/or trillions of dollars! Legendary Illinois United States Senator Everett Dirksen allegedly quipped “A billion here, a billion there, and pretty soon you're talking real money.” Whether apocryphal or not, Dirksen’s remark about... Continue Reading
Have you ever wondered why there are 435 members of Congress? Seems like a random, arbitrary number. Almost 100 years ago, Congress passed the Permanent Apportionment Act of 1929, fixing the number of Representatives at 435. The U.S. Constitution called for at least one Representative per state... Continue Reading
We are all learning to navigate the new business reality forced upon us by the COVID-19 pandemic. After a year and a half, it still feels weird to do staff, investor, supplier, and Association meetings using Zoom. I’m hoping that Zoom will be a distant memory soon – but I’m... Continue Reading
There are three kinds of people in the world: those that get math and those that don’t. There are only 10 kinds of people in the world: those that understand binary and those that don’t. There are II types of people in the world: those that get Roman numerals and those that... Continue Reading
Remember “Snowmaggedon”? Snowmaggedon, are you kidding me? It is August in the Lone Star state, so it is hot. How hot is it? It is so hot, when the temperature dropped to 95 degrees, I felt chilly. Thank goodness the air conditioners are still humming. Your residents will be... Continue Reading
As our residents and we slowly adjust to the current turbulent economic and social environment, it reminds me of the tremendous resources available to us as AATC members. AATC membership services, education, and relationships have helped us successfully navigate this difficult time. Next month,... Continue Reading
We are halfway through our year-long look at Advocacy by the Numbers. Last month, we looked at the twenty-somethings: school districts within AATC’s service area. This month, we examine the All or 60 votes in the United States Senates. The US Senate has many nicknames: World’s Most... Continue Reading
Scott Fitzgerald’s The Great Gatsby depicts the excesses of America in the “roaring” 1920s. Last century’s roaring ’20s has become this century’s raging '20s: global pandemic, contentious elections, social justice reform; and more importantly to multifamily... Continue Reading
