How To Make Use Of Empty Computer Labs

A computer lab acts as the hub for teaching a whole bunch of students how to use a computer and various other skills, usually by a professional computer teacher. Along with taking classes, teachers can also use the computer lab for research or for creating technology-based projects. But what about all the hours when the computer lab is empty with lots of potential? There are plenty of ways to make use of computer labs that are not in use. This is how you can also make ways for additional income by putting classrooms for rent. After school and college hours, computer labs are mostly empty and remain without any use. It’s important to understand the full potential of owned spaces and realize the profit they can bring you by utilizing them effectively and efficiently. Here are 5 ways you can make use of your computer labs when it’s not in use.

1. Conduct Online Exams

Computer labs are the best spaces to conduct online exams with plenty of students appearing. This way, the space, as well as the computers, are being utilized in the best way possible. It also gives you the authority to supervise each student and help them correctly. Online exams need spaces like computer labs to be conducted properly. These are held for a few hours and so renting out computer labs temporarily will be the ideal way to go. Computer labs are also designed in a way that works best for online exams. Each computer will have well-functioning software as well as an internet connection that are essential for online exams. Instead of looking for classrooms for rent, you can actually use computer labs to conduct the exams.

2. Organize Meetings

Since computer labs are empty with a large seating arrangement, it can be used as an alternative for meetings, conferences and seminars. In case all the meeting rooms are occupied and you have run out of options, making use of a computer lab is your best option. A computer lab has more than enough space to accommodate a team. You can also make use of computers to present data and statistics for your meeting. Any kind of visual presentation is possible in a computer lab which is a plus point for your meetings and seminars. You can display your prepared presentation on a big screen or even It is also a great place for group discussions and brainstorming ideas.

3. Teach Your Classes

Tutors need a quiet and disturbance-free place to conduct a proper class. A computer can be the perfect tuition space for your computer classes. In case there is a shortage of classes, or you have to take an emergency class, computer labs can come in handy. A good alternative for classrooms on rent. Using the space for conducting classes is also a great way to earn additional income. Schools remain empty post-evening and also during the weekends. Using this time for extra classes and teaching sessions can be very helpful to both teachers and students. School computer labs will be the perfect locations for teachers searching for a classroom environment. It is very easy to find such spaces as many are already available for rent.

4. Hold Training Programs

Training programs of new techniques or new software require a large number of computers and a whole day. Time, space and a good number of computers are essential for a successful training program. Everyone needs to be in a quiet environment and together in one room. A computer lab is a peaceful and disturbance-free zone where tutors can effectively carry out training programs. Computer classrooms for rent are a good option for these programs. This is not possible in offices as they have other employees too. In offices and other spaces, there is constant rush and a lot of disturbance too. You can rent out computer labs and set up training programs easily. With the use of well-functioning computers and space to accommodate a large number of people, your training program is bound to go well.

5. Conduct Workshops

A computer lab is an empty and peaceful space with a lot of resources to make use of. You can also use these labs as a space to conduct various types of workshops. You can hold promotional and educational workshops according to what fits the occasion. An educational workshop could be teaching the underprivileged sections of society about the workings of a computer. This can be effectively conducted in computer labs. Social service activities can be conducted with the good purpose of making India more digital.

There are plenty of ways to make use of empty computer labs and these were just some of them. Computer labs can be a great source of income as well as a life-saving space during emergencies. It’s important to understand and be aware of how you can list out your vacant owned spaces and make money by putting them to good use. Empty classrooms for rent are available today. You can even learn how to put your classroom on rent or rent one out.

Credits: Manavi Sarang

September 13, 2021 0

How to rent empty industrial and warehouse space?

As you start with a new business and expand for the operation, there can be a need for a larger space than needed to manufacture or store the products or more people to discuss on a certain project. Warehouses, manufacturing buildings, multi-use spaces can be used for larger activities. These spaces are mainly used for the storage of products, storage fulfilments, and further distribution.

Here are some following tips on how to go about looking for more industrial space, including how you can make the best use of the space and the basic needs of the empty industrial commercial lease.

Determine the commercial space and the needs

The nature of the business is dependent on the type of property that fits well your business needs. The industrial property generally goes under one of the three different sets

– Warehouse spaces

– Industrial spaces

– Flex a space or an empty property

There are many types of industrial space and each type of industrial space serves a different purpose. The main purpose of the warehouse is used for the store and distribution of products. The distribution center would come under a warehouse that is used for the distribution of the products, but if your business is not distribution-based then you can use it for big projects and discussions. Using a warehouse may require proper packaging and product labeling to prepare for distribution or further business.

A manufacturing space other than product distribution can be used for other activities like can be used for huge discussions and meetings, different sources like presentations, client meetings, documentation, etc.

A flex space or a mixed-use property is a combination of warehouse spaces and manufacturing space that can be used for handling the manufacturing and other needs all in one place.

The right commercial industrial space

The online property databases can make it easy for commercial and warehouse searches for the comfort of the home and office space. Once you have researched what type of property would fit in well for your business and you can use the database to compare the properties searched to meet the specific criteria.

When you start your research you decide on:

– The monthly budget

– The space you need

– Where you are looking for a location for example empty offices, loading docks, ceiling height, etc.

Once you have researched online to identify the needs of a specific want to get a sense of the market, make use to connect on the commercial real estate professional space. Commissions are equally been paid by the landlord and the owner in the commercial lease market so that it doesn’t cost you much and it is affordable for you as a tenant.

Related Topic: How can empty shops be used for renting?

Visit the commercial space

After all the research, make an appointment to see the empty commercial space in-person to see the space. Space may look perfect in pictures online but you will have to walk through each property which you will be able to access whether it meets your needs. You should put your demand about the space to the real estate agent, you may be able to make recommendations on the properties according to the client.

When you keep yourself organized, the expert will keep your potential on the research on the commercial space. One way to create a spreadsheet with the detail on each space you have. Use the following category to compare the elements for the properties to include:

– Compare lease price

– Additional cost and expense

– Time of the lease term

– Property meets your needs

If you find an empty commercial space that doesn’t match your needs, you can ask your real estate agent about researching the space. There can be a point wherein there won’t be an option but it is worth asking to find a place but it would be quite right.

You can ask certain questions to the agent like:

– Whether it has enough energy lighting but can save a lot of money

– What preventions have been taken in the space

– Is there any parking available

– Is there enough clearance

– Can the space be fitted well according to your needs

If you have found a perfect space according to your need, keep searching for the space. But the important question would be don’t you want to book the perfect space once you get it? The answer to that would be “No”

Why? Because there are two to three commercial properties that would work, it is not a compulsion to the idea to like the first space. With this idea, you can consider which one is best for you and the business. If you have a few properties to consider, you will have an upper hand when it comes to negotiating the terms because you won’t have to be desperate to close the deal.

Expert recommends you searching the three properties that meet your needs. And with that, you should consider making the offers and comparing the lease terms.

August 27, 2021 0

How to Maintain Your Properties During This Time of Social Distancing?

Regardless of COVID-19 social distancing continues to affect life as we know it in the United States,several businesses stepped back, restaurants closed their doors and big events were postponed. With all these problems, there’s one thing that hasn’t stopped for property managers and community association managers, and that’s maintenance requests, repairs, and upkeep.

It’s hard to know what to do in times like these — and you’re not alone — many property managers ask the same questions:

How can I go on with my maintenance activities if I can not go on site?
How can I provide the quality of service my clients deserve when they don’t want a repair technician to visit their home?
How can I guarantee the health of my technicians and my residents while still doing the work?
How will I treat requests for preservation of common areas within my community associations?

Those are tough questions and while we can not answer all of them, at this point we can give you a few easy ways to fix maintenance requests. Here are 5 things property and neighborhood administrators should do right now to improve their social distance maintenance operations:

1.Schedule Non-Urgent Repairs :

One thing you can do to that person-to-person contact with your tenants and staff instantly is to delay non-emergency repairs. Begin by communicating this via email or text message to your people, letting them know it’s for their protection and that of your employees. Be empathetic about their problem and make sure that at a later date you can follow up on their appeal.

Through deferring these types of demands, your maintenance technicians will concentrate their resources on critical repairs— such as roof leaks, plumbing failures, and water main breaks— so that your property continues running smoothly.

When there is an urgent repair that must be done on the house, whether it is indoors or outdoors, make sure that your staff is fitted with protective equipment such as latex Gloves, face masks, and sanitation materials. Additionally, confirm with your residents that your team meets approved CDC protocols and offer to join their unit if they’re on a walk to reduce interaction further.

2.Communications Optimization:

With many of the team members operating remotely and fewer on-site staff, it can be difficult to ensure that you interact efficiently when it comes to maintenance requests and repairs. Fortunately there are mobile devices to help you streamline communications.

3.Keep common places clean:

Clean Another way to keep your property and neighborhoods secure while preventing COVID-19 from spreading is to clean your common areas regularly. Currently, the CDC recommends that regularly accessed surfaces such as door handles, elevator keys, shared bathrooms and regular railings be disinfected. Make sure the cleaning staff do have protective equipment while operating.

4.Consult with vendors:

In addition to cleanliness, maintaining good contact with your vendors and ensuring that they obey the same protocols is very critical. Asking about their COVID-19 management plan is a good idea because you know that you’re on the same page. Send daily email notifications to vendors with the guidelines of your communities to communicate and bring with residents and perform maintenance duties. Additionally, in case an employee calls in sick, create a contingency staffing plan.

5.Perform Digital Inspections:

Some property managers and community administrators may have scheduled annual routine inspections in the coming weeks. Consider postponing these during social distancing, or see whether residents are open to doing a virtual inspection using their devices. Just ask them to take pictures of each room, and then send them to your team by email or text.

Consider waiving late penalties for neighborhood groups where breaches are minuscule.

Social distancing poses problems for property and neighborhood association administrators but you can ensure consistency with your maintenance activities by taking the appropriate steps and using the required mobile devices. Begin by interacting proactively with your employees, vendors, and residents about how you will manage inquiries, preserve cleanliness, communicate with others, and make urgent repairs. When you have a strong business plan in place, you will continue to respond with agility and trust.

Mpower being Property Management Software is useful for managing multiple properties with all the essential features that your business needs. Whether you are a landlord managing a handful of properties or a property manager with hundreds of properties…

March 27, 2020 0

QuickBooks vs. Property Management Software

Property management has its own distinct challenges. You need to market your vacancies, oversee the leasing cycle, collect rent, and manage a range of services, including maintenance and landscaping of buildings.
Several property managers and landlords are using QuickBooks to manage their finances in an attempt to simplify. You can set up each unit as a customer and each tenant as their job and use the software to track new owners, issue monthly statements and automate invoices.

QuickBooks may look like a good solution at a glance. But it is only meant to help with the general finances. But only one aspect of property management is handled by QuickBooks. You are likely to achieve your financial goals using its accounting features. But in order to remain competitive in the property management environment, you should go the extra mile. That’s why, with QuickBooks and other solid accounting software, property management software has become a popular choice.

Property management is much more complex than financial management.It is important that you have a system in place to help you execute some key functions when it comes to managing multi-unit rental properties.

Property management software offers a lot of options for your business performance. From Managing Multiple Properties with all the essential features that your business needs. Whether you are a landlord managing a handful of properties or a property manager with hundreds of properties.

Your software solution must enable you to:

Centralize and Digitize information

Property managers have no patience for data to dig through. You need to combine everything in a secure online hub that can be accessed 24/7 by you and your team. Accounting solutions out-of-the-box just deal with one part of your business line: accounting. You will be able to monitor maintenance issues and rent collection with the right property management software and easily share relevant data with employees, contractors and tenants.

Efficiently collect rent

Unlike QuickBooks, industry-specific software makes moving the entire request for maintenance to the cloud easy. You must ensure that repairs are performed quickly and correctly from filing service requests to issuing work orders to tracking progress. The correct software also allows you to keep tenants in the loop and monitor the performance of contractors, ensuring transparency and accountability. And while increasing time-consuming paper-based applications, it does all that.

Establish Strong Communication

Good communication is the key to maintaining positive relationships with tenants, contractors, and employees. Whether you’re talking about routine maintenance announcements or holiday greetings, you need an effective channel to communicate with your team and they need to be able to reach you as needed. Property management technology provides a portal that enables easy communication through email or SMS, allowing users to use their preferred device: laptop, tablet or smartphone.

Property Management Software:The Solution you need

Property managers and landlords will see lasting benefits through Mpower. Mpower is a real estate management software that lets you list all your spaces on the dashboard, accept inquiries for the listed spaces and earn effortlessly. You can also maintain financial records and paperwork that reflect the transactions made with the bank and the customers. Moreover, we provide you with a dedicated relationship manager that looks after all your queries and resolves them in no time.

Manage your entire space inventory and earn effortlessly with Mpower!

November 6, 2019 0

Benefits of Adopting Software Systems at Property Management Firms

Managing property and handling their routine tasks consists of a large number of juggling tasks for managers. Manually performing such business operations as tracking rent payments and managing maintenance requests is highly time-consuming and often overwhelming, and these processes form only a small part of what property managers face on a daily basis. Luckily, there is a property management software solution which is attracting more and more companies these days.

Property management software facilitates its users to automate multiple business operations through a single platform which otherwise consume lots of time, this many times even hampers the business. So the property managers should gain the benefits by implementing such software which goes far beyond saving time and money. If you wonder how your company can benefit from having property management software designed and developed, let’s find the answer here.

Benefits Of Property Management Software

Implementing this software solves most of the complication that property managers struggle with on a daily basis. By enabling the Mpower which is a space management software, the companies can achieve the following benefits:-

1. Real-time access to information

All the necessary information is stored in your laptop or is piled as documents, this restricts you from working anywhere else, but only at your office.

But with MPower the property management software which is a web-based platform, one can work from anywhere at any time. Data is updated automatically and stored online, allowing both you and your tenants to access all the necessary data in the right form from the mobile phone.

2. Improved communication

This is a two-way process where not only you are involved to manage the property but also tenants are expected to perform many operations as well, like including paying rent and reporting maintenance requests, parking management, etc such essential activities requires their time and your availability for smooth function.

Implementing the property management software, tenants can log into their own profile and perform all the necessary operations online. Offering access to a tenant portal allows them to report a maintenance request any time of the day and track every update.

3. Quick property inspections

Inspecting the properties is one of the most time-consuming business operations which property managers must face. It requires visiting properties one after another, noting down all the necessary information, and then typing it up back in the office

The software can assist you to conduct property inspections and generate insightful reports while out in the field. which can save a lot of time and always provide required information on time without any delay

4. Reduced administration work

Typing data manually is a highly time-consuming activity for any business and, more importantly, it leads to minor errors which with the passage of time can lead to a major problem further it does not give you immediate results, one needs to analyse the data by self to gain insightful information, which becomes a time-consuming activity.

With the application of best software, data is automatically captured and so the reports been generated are comprehensive and one can analyse the report according to its requirement with respect to finance or the company performance. This further reduces human dependency and everything becomes automotive making the systems and process intact.

5. Online payments

Rent payments may be troubling not only for you but also for your tenants. When done manually, it is difficult to keep track of payments which require a few days to process. When manually introduced there is huge possibility to miss the payment record.

Processing payments become very convenient it can be managed with one single click from mobile within a minutes. It is easier to monitor and track the payments from each tenant to manage the proper records online, this further enables you to run financial reports automatically. Also, such reports can be viewed at your convenience through mobile.

6. Securing sensitive data

In every business, data management and protection of sensitive details of your customers, such as their credit checks and lease agreements, is very important. As a property manager, it is your prime responsibility for keeping them safe and secure.

With property management software, there is no need to worry as all of the personal data is securely stored online. Software development companies offer data encryption which secures it even more cautiously.

7. Data analysis

For a business to prosper, it is necessary that its owners make accurate, data-driven decisions. However, the data performed manually is prone to errors which further leads to inaccurate data analysis due to which erroneous business decisions can take place which in the long run can hamper the business performance.

Thus with Mpower, all the information you introduce into the system is stored, which enables you to run thorough analysis and gives you insights on your business. Proper data analysis allows you to spot any inefficiencies and discover new opportunities.

To sum up

Let the technology work for you for managing or tracking your property and growing your business. Thus having MPower the best property management software designed and developed to meet all of your property management needs can help you to improve almost all of your business operations from monitoring payments to managing maintenance requests. With automation, you can save valuable time which you can now spend on growing your business.

September 17, 2019 0

Micro Apartments-Redefine Real Estate Trends

The studio apartment is an international concept, but it is currently gaining momentum in India due to the young professionals primarily in the IT and BPO sector. Spacious and high-end apartments being beyond the budgetary limits of the salaried class in major cities of India have a limited clientele. The concept of studio apartments in major Indian cities gained in prominence due to their lower price as well as the space constraints in these cities.

Let’s Understand Studio Apartment-

It is a small apartment that combines a living room, bedroom and dining room into a single large room. A kitchenette may either be included within this room or in a small separate room, with a small bathroom as well. Such an apartment is also known as an ‘efficiency apartment’ or ‘bachelor apartment’. They are generally occupied by one or more bachelors or a small family. The size of such apartments generally range from about 400 sq.ft-600 sq.ft. The easy connectivity to the office is the well-suited reason for the growth of studio apartments.

There is a major difference between studio apartments and 1 bhk flats although there has been a spurt in demand for affordable living spaces, especially in the metros, and this has led to the commonly accepted culture of the studio apartments’ concept. Although this minimal living style has been popular in the West, it’s fast catching up in India now.
Globally, there is an increasing demand for micro-living. A micro-home or a micro-apartment is a self-contained, single-bedroom unit, mostly meant for single occupancy. Such micro-apartments are mostly in trend in Metro catchments and are gauged anywhere between 50 and 350 sq. ft. These small -size posh apartments are well entrenched across European and Asian countries, where students and young professionals explore economical shelter close to their university or workplace as well in closeness to the entertainment hubs in the city.

Micro-Apartments An Economical Residential Option-

As a concept, micro-apartments in India are set to redefine studio and one-bedroom units. For years, studio apartments and one-bedroom units have been an economical residential option for singles and young couples who are willing to compromise on space to own a house in a convenient location, rather than pay high rentals or take out huge loans to afford bigger houses. However, micro-homes are not just about affordability. What makes studio apartment different is their design and the fact that they are furnished with all the modern comforts and amenities and are at a prime location. These units, designed to offer privacy with a separate bedroom and kitchen, make it popular with small families too.

Growth Of Micro Apartments-

Mumbai has been the front runner when it comes to the concept of micro-apartments and has seen offerings as small as 189 sq ft., going up to 320 sq ft. Amidst soaring realty prices in the space-constrained metro, these micro-units give young working professionals their best shot at owning an apartment in a central locality, without compromising on their lifestyle.
The micro-housing market is also seeing a spurt in demand in cities such as Bengaluru, Gurugram and Noida that has a large migrant population of working professionals with an annual income of more than Rs 8 lakh. mainly among the younger generation, which prioritizes location and lifestyle over space, micro-homes have huge potential in India, given the fact the country is the abode of around 440 millennial.

Millennial Approach Towards Micro Apartments-

The millennial population is not just expanding in size but is also multiplying its economic footprint. Research has also indicated that around one out of every 10 millennial in India plans to purchase a home before a car. Additionally, millennials prefer to spend on rent rather than buying a house in the coming years because they spend most of their time out of the house, working or attending classes. Hence they opt for Studio apartments. These apartments are smaller in size, so cleaning and maintaining the house is easier. These apartments provide privacy. Also the cost of designing and decorating these apartments is lower.

Approach Of Real Estate Developers-

Many Grade-A developers require property management software, to manage such multiple projects as they are coming up with housing concepts that are custom-made for Indian millennials, specifically singles, young couples, and students. These offer all the modern amenities and facilities that large-scale luxury residential projects offer, including a clubhouse, community sports facilities, 24/7 security systems. Many of them also have value-added services such as concierge and room services that can be availed on payment. Having a small space it makes the millennials live with less and keep the things which is essential this kind of space management is other wise a goal for many to achieve.

Apart from end-users, micro-apartments are also attracting the investor community in big numbers. Globally, data has suggested that rental returns in micro-units are generally higher than regular apartments. With the exceeding growth, the developers look for property management solutions for managing such varied properties.

So one such solution available is Mpower which is a Best Cloud-Based Property management software to manage multiple properties The higher returns stem from robust demand and better utilization of the available resources. Likewise, the rates of appreciation are also expected to outperform larger-sized units. As it is a light investment, the entry barriers are limited and it can also be liquidated easily.

August 22, 2019 0

Category: Property Management