Despite a citywide drop in violent crime in 2023, property crime climbed 3.5% over the prior year, according to a Los Angeles Police Department report. While officials proposed new crime mitigation strategies at the beginning of 2024 in order to curb some of the city’s most common crimes, property managers can do their part to secure their […]
When managing a property, large-scale storage can often become a significant challenge. Whether dealing with extensive inventory, seasonal items, or valuable assets, finding an effective way to store everything can make a huge difference. The key to success lies in understanding your specific needs, choosing the right storage solutions, and keeping everything organized and secure. […]
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 […]
High-turnover properties, such as student housing and corporate apartments, especially in high-demand places like California, face unique challenges requiring specialized attention. Relocation services for high-turnover properties are essential to make tenant transitions easier and maintain high occupancy rates. Efficient relocation services are necessary for these properties’ success, ensuring tenant satisfaction and reducing vacancy periods. […]
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 […]
This article was published in Forbes on June 27th, 2024 by David Crown After being in the business for over 30 years, I’ve seen owners and their property management companies make just about every mistake in the book; I’ve even made half of them myself. Anyone who has experience with management understands just how hard […]
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 […]
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 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 […]
