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 […]
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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 […]
How to Handle the Death of a Tenant
Be Sensitive, and Be Careful When Dealing With The Death Of A Tenant If there’s one thing most San Fernando Valley landlords and property managers fear to deal with, it is the death of a tenant. Unfortunately, most owners and managers in don’t have a clue how to handle such an event. When you experience […]
The Pros And Cons Of Artificial Intelligence In Property Management
Originally Published in Forbes on May 23rd, 2024 by David Crown I was in a meeting with our team leaders this week when someone mentioned that we were bringing back an old weekly newsletter that promotes and celebrates one employee whose work stood out during the week. The last author of the newsletter was one […]
East Coast vs. West Coast Rentals: A Property Investor’s Guide
Starting real estate investing is thrilling but can be a lot to take in, especially when looking at the East Coast vs. West Coast. Each area has its pros and cons, like population density, job opportunities, potential rental income, and tax implications. Knowing these differences helps you succeed, get the most from your investment, and […]
Healthy Communication 101: How Landlords Can Strengthen Their Relationships With Property Managers
The average salary for a property manager in Los Angeles is around $58,970. Being a property manager is certainly a financially-rewarding pursuit, although it comes with its fair share of pressure and responsibilities. Fortunately, a manager can take a share of the load and help you look after all aspects of your property, from finding and […]
