Rental properties require a delicate balance between making spaces appealing to tenants while keeping renovation costs low. Bathrooms, being high-traffic areas, often need a refresh to stay attractive. However, full-scale remodels can be costly, especially in rental units. Fortunately, there are plenty of quick, affordable ways to give bathrooms a fresh, modern look without breaking […]
Property Management FAQ
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 […]
Managing Large-Scale Storage Needs for Properties
When managing a property, large-scale storage can often become a significant challenge. Whether dealing with extensive inventory, seasonal items, or valuable assets, finding an effective way to store everything can make a huge difference. The key to success lies in understanding your specific needs, choosing the right storage solutions, and keeping everything organized and secure. […]
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 […]
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 […]
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 […]