Renovations are a necessary part of property management, whether for enhancing the value of the space, addressing wear and tear, or updating facilities to meet modern standards. For landlords and property managers, these improvements present opportunities but also challenges, particularly when tenants occupy the space. The goal is to ensure these upgrades are carried out […]
Projects
Case Study: How One Owner Profited by Remodeling During a Major Vacancy
The Challenge Architect and commercial property owner Eric Luk had a decision to make. His five-building commercial complex West Main Place Medical and Professional Plaza was about to lose a major tenant occupying roughly fifteen percent of the complex’s leasable units. In the face of major vacancy, he could either hit the panic button and […]
Six Tips for Collecting Feedback from Renters
Six Tips for Collecting Feedback from Renters A key part of operating a successful rental business is to understand your demographic. This means analyzing the competition, collecting feedback, and making ongoing improvements. Maybe your rental unit isn’t doing so well or a multi-family home is leaking money, every business will run into problems. The million-dollar […]
6 Reasons Santa Monica is the Perfect Place for a Rental
6 Reasons Santa Monica is the Perfect Place for a Rental Becoming a landlord is not easy for a whole host of reasons. You need to worry about finding the right property and financing it. Furthermore, you even need to worry about the speed at which you can start drawing in tenants. This makes finding […]
How to Renovate Tenant-Occupied Properties
How to Renovate Tenant-Occupied Properties Renovating your investment property is a great way to boost its value and make the space look better. But what if you have a tenant living in the apartment you want to renovate? Well, that certainly complicated things a little. Even though you own the property, the tenant who rents […]
Which is Best to Buy: One Bedroom or Two Bedroom Apartment?
Congratulations, you’ve finally built the courage and decided you want to be a landlord in Burbank. You even have the budget for it too. The question therefore is not “to be or not to be” but whether you should buy a one bedroom or two bedroom apartment. Some may ask what’s the difference whether you […]
