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 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 […]
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 […]
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 […]
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 […]
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 […]
Originally published in Forbes on Nov. 12, 2021 By Kyle Crown Commercial property managers conduct business in the present tense. Most of our work has to do with reacting to the needs of property owners in real time. However, as a commercial property owner with the benefit of a property manager at your disposal, you should […]
As a landlord, navigating subletting and roommate changes in rentals can be challenging, but also an opportunity to maintain a positive landlord-tenant relationship while ensuring the property remains well-maintained and profitable. Understanding the legalities, setting clear guidelines, and fostering open communication are key to effectively managing these situations. This guide will explore practical tips and […]
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 […]
 
 
 
