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 […]
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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 […]
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 […]
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 […]
7 Types of Notices Every Landlord and Property Manager Should Know
Being a landlord or a property manager in the San Fernando Valley is not the easiest job in the world. You need to learn how the process work if you want to succeed in this job. You need to learn how to handle tenants and different types of notices to issue your tenant when they […]
