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 […]
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 […]
Originally published in Forbes on Nov. 12, 2021 By Kyle Crown Commercial property managers conduct business in the present tense. Most of our work has to do with reacting to the needs of property owners in real time. However, as a commercial property owner with the benefit of a property manager at your disposal, you should […]
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 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 […]
This article was published in Forbes on April 30th, 2024. by David Crown Over the course of my 30 years in property management throughout the Los Angeles area, I’ve seen plenty of tenant-landlord relationships turn sour and end up in the courtroom. We’ve had luxury properties turned into party houses by reckless tenants. We’ve had […]
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 […]
