As a property manager, maximizing your rental income in most cases means periodic improvements of the property. However, improvements cost money with no guarantees that you will get renters to pay more after you’ve upgraded your property. In this article, you will learn how to improve your property in the most affordable way so that […]
Los Angeles Property Management Group
What’s It Like to Work at Los Angeles Property Management Group?
Los Angeles Property Management Group is a team-oriented company, and today we’re talking to Marcela Granera, one of our resident managers. We’re sharing a bit about what it’s like to work at LAPMG and how our team culture helps us to provide outstanding Los Angeles property management to our clients and customers.
5 Ways Property Owners and Managers Can Prepare for Unlawful Detainer Trial
Being a property owner or manager means you have to deal with unlawful detainer/eviction cases at some point and in one form or another. All eviction cases are never the same – while some will go smoother, others tend to drag on for a long time and can affect you and your business in many […]
Los Angeles Commercial Lease Incentives – When and What to Include
It’s common practice to offer commercial lease incentives to well-qualified tenants. You want to get a good tenant in place who will stay for a long time and follow the terms of your commercial lease. The most popular lease incentives are tenant improvements and free rent. We always try to sign tenants without any incentives […]
Determining the Length of Your Commercial Lease | Property Management Advice
Having a commercial lease that’s longer than a year or two provides benefits for both the landlord and the tenant. As a commercial property owner, you want to avoid vacancy and be secure in the fact that you’ll have guaranteed rental income for at least three years. Tenants often need to show they have a long term lease in place when they’re applying for business loans or financing. Both parties appreciate the security that a longer lease term provides.
Best Tips for Negotiating a Commercial Lease in Los Angeles, CA
There is a lot of back and forth that’s involved in negotiating a commercial lease. With residential properties, it’s a simpler process. You set a price and then find a qualified tenant who is willing to pay it. With commercial properties, you’ll set a target price and then have more to negotiate because maintenance, CAM […]
