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 […]
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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 […]
Top 5 Mistakes Owners Make In Property Management
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 it is to serve so many different parties, including but […]
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 […]
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 […]
East Coast vs. West Coast Rentals: A Property Investor’s Guide
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 […]