This article was originally published in Forbes on September 9th, 2024 The real estate rental market has been more competitive as of late. And while there’s always a thousand things owners can do to improve their property, the real art of ownership is knowing where to invest the money into the property that will go […]
Property Management Education
A Guide To Checking Tenants’ References
Over 50% of Los Angeles County residents are renters, and over 50% of these renters are “rent burdened”, which means they spend over 30% of their income on rent, Neighborhood Data for Social Change reveals. This ups the likelihood of late payments and eventual eviction, which results in loss of time and money for you. As […]
Technology Meets Safety: Exploring High-Tech Ways to Upgrade Property Security
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 […]
Eco-Friendly Practices That Can Save Property Owners Money
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 […]
Disaster Preparedness for Rental Property Managers
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 […]
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 […]
