Creating a welcoming environment for new tenants is essential in today’s competitive rental market. As property management responsibilities grow, ensuring tenants feel at home from day one can significantly boost their satisfaction and retention. Happy tenants are more likely to renew their leases, reducing turnover and the associated costs. It’s a straightforward strategy: make a […]
There can be many downsides to renting, but one of the major upsides is that, if something goes wrong, it’s usually your property manager who will be responsible for resolving it. This means that if a pipe bursts, this isn’t something you need to spend time or money resolving. There are many occasions when […]
Moving to Los Angeles can be an exciting adventure, but navigating the rental market in this bustling city can be daunting, especially for newcomers. One of the crucial aspects of renting a property is understanding Los Angeles rental agreements, which outline the terms and conditions of your tenancy. In this comprehensive guide, we’ll walk you […]
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 […]
There’s nothing passive about owning rental property, but that doesn’t mean you want to spend all your time and money maintaining the yards. Luckily, the mild climate of metro Los Angeles allows you to create a set-it-and-forget-it kind of yard. We’re talking about a yard that will look good and attract renters without giving […]
This article was published in Forbes on 4/2/2024. A few years ago, I helped a client renovate a gorgeous set of cottages that the owner decided to use as short-term rentals. He made good money from the cozy beach bungalows, but hosting family vacations and bachelor parties weekend after weekend quickly started to take a […]
This article was original published in Forbes By Kyle Crown The property management industry centers on stewardship — supervising and caring for the assets of others. A common sentiment in ads for management companies goes something like this: “We manage your property as if it were our own.” It would seem to follow that in […]
Aging in place is becoming an essential consideration for many, especially as the population ages. It refers to the ability of people to live in their own homes and communities safely, independently, and comfortably, regardless of age, income, or ability level. Implementing effective strategies for aging-in-place in rental properties presents unique challenges. Many older […]
This article was published in Forbes on Oct. 23, 2023. Many long-term rental property owners have gone through a change in property management at one time or another, but despite the fact that it’s a crucial step in the process, the “breakup” phase of that transition is almost never talked about in our industry. […]
