1. By IMPAC Property Management

2. 
Founded in 1984, Independent Management
of Properties and Communities, Inc., or
IMPAC Property Management, has evolved
into one of New Jersey’s largest property
management companies. With management
contracts in more than 80 communities and
three regional offices, IMPAC Property
Management works with its communities to
ensure each one sees increased property
values, lower costs, and smoother operations.

3. 
Although every property management
situation is different, a couple of basic
practices are important for achieving
management success. The first is building
relationships. Above all, the property
manager is in service to the community and
the homeowners, many of whom have
conflicting goals that the manager must
address and prioritize.

4. 
Second, the property manager should
research rental rates and history of an area
and community. Knowing about past issues
helps the manager plan and budget for future
improvements and issues. Meeting the needs
of tenants in a prompt manner is essential to
keeping properties running smoothly.