This article was originally published in Forbes on 8/1/2024 Several years ago, we were selected to manage a commercial property and oversee its soil contamination cleanup. The property had previously been a dry cleaning business and was on the verge of being required to test for poisonous airborne vapors. If the air was found to […]
Residential Properties
Disaster Preparedness for Rental Property Managers
Disaster preparedness is essential to managing rental properties, especially in regions like Orange County, where natural disasters such as earthquakes and wildfires are prevalent. The consequences of being unprepared can be devastating, affecting the physical property and the safety and well-being of tenants. Rental property managers are there to make sure properties are ready to […]
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 […]
How Smart Home Technologies Can Improve Your Rental Property
Smart tech is revolutionizing the way we live, offering convenience, security, and efficiency at our fingertips. As a rental property owner in Los Angeles, California, incorporating these innovations can significantly enhance your property’s appeal and functionality. Not only do these technologies attract tech-savvy tenants, but they also provide practical benefits that make managing your property […]
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 […]
Sustainable Practices in Property Management
Sustainable practices in property management encompass a broad spectrum of strategies aimed at reducing environmental impact and promoting long-term viability. From energy-efficient building design to waste management initiatives, integrating sustainable practices is a priority! Sustainable building design Using eco-friendly materials such as recycled steel and bamboo, properties can minimize carbon footprint. For instance, buildings certified […]
