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 […]
Property Management Education
How Smart Home Technologies Can Improve Your Rental Property
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 […]
Sustainable Practices in Property Management
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 […]
Healthy Communication 101: How Landlords Can Strengthen Their Relationships With Property Managers
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 […]
How to Handle Subletting and Roommate Changes in Rentals
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
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 […]
