There are some procedures to be followed in Project Selection Criteria. Develop a policy around your selection criteria. Projects are selected based on mission, capacity, and political will. An organization must have the capability to deliver a project that is economically feasible and financially viable within a community setting where there is support from its stakeholders. Policies and Procedures Manual and Management Guides for Real Estate must consider a wide range of factors.
Pre-Screening: When you have a vacant unit, you will get lots of calls from potential tenants. You need to have a policy and procedure on how to screen these potential tenants. While on the phone with the tenant you need to ask them several questions to determine if they meet your requirements to rent the unit.
Some of the questions you should consider asking are: What price range are you looking to rent a property? When do you need to move? Why are you moving?
Tenant screening is also important. Before accepting any application to rent one of your vacant properties you need to a background screen. Screening should include a credit check, eviction check, verification of employment and possibly a criminal background check.
Create approaches with respect to where you will react to needs. Notwithstanding the capital you should raise and your association's ability, the other key contemplations for improvement will be a blend of figuring out where to find a required lodging program and an area's or group's will to help or permit advancement of the program close-by.
Assessing the market forces at work in a specific location will be necessary in making a final decision on where you will locate your project. In the end, the location and type of needed housing in your community and the neighborhood support will all be factors in determining your housing policy.
Develop policies that will limit what you will produce. Just as important as determining your target selection criteria and the level of your development activity, is having the Board decide the areas in which you will not get involved. The mission may fit, the resources may be there, the neighborhood would support it, but these production activities you will not do.
To provide proper management, the Manager will maintain the following minimum property information: Property type Name Address Location, Completion date (original construction, any rehab) Improvements (number of buildings, type of construction, number of stories), jurisdiction and description of Land (acres and square feet) Square footage of each building (rentable, gross, and usable), Zoning classification, Land to building ratio (i. E. Land area in square feet / gross building area) and Number of parking spaces.
Pre-Screening: When you have a vacant unit, you will get lots of calls from potential tenants. You need to have a policy and procedure on how to screen these potential tenants. While on the phone with the tenant you need to ask them several questions to determine if they meet your requirements to rent the unit.
Some of the questions you should consider asking are: What price range are you looking to rent a property? When do you need to move? Why are you moving?
Tenant screening is also important. Before accepting any application to rent one of your vacant properties you need to a background screen. Screening should include a credit check, eviction check, verification of employment and possibly a criminal background check.
Create approaches with respect to where you will react to needs. Notwithstanding the capital you should raise and your association's ability, the other key contemplations for improvement will be a blend of figuring out where to find a required lodging program and an area's or group's will to help or permit advancement of the program close-by.
Assessing the market forces at work in a specific location will be necessary in making a final decision on where you will locate your project. In the end, the location and type of needed housing in your community and the neighborhood support will all be factors in determining your housing policy.
Develop policies that will limit what you will produce. Just as important as determining your target selection criteria and the level of your development activity, is having the Board decide the areas in which you will not get involved. The mission may fit, the resources may be there, the neighborhood would support it, but these production activities you will not do.
To provide proper management, the Manager will maintain the following minimum property information: Property type Name Address Location, Completion date (original construction, any rehab) Improvements (number of buildings, type of construction, number of stories), jurisdiction and description of Land (acres and square feet) Square footage of each building (rentable, gross, and usable), Zoning classification, Land to building ratio (i. E. Land area in square feet / gross building area) and Number of parking spaces.
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