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 […]
Renovating your Los Angeles property can be an exciting journey toward creating your dream home. However, navigating property renovation pitfalls can quickly turn that excitement into frustration. Many common mistakes can derail your project, from unexpected costs to poor planning. You can save time, money, and stress by understanding these pitfalls and learning how to […]
Los Angeles is one of the most prominent of the world’s metropolises. Renowned for its diverse economy and cultural influence, the city supports a vibrant and flourishing commercial real estate market. The LA commercial real estate sector plays a critical role in shaping the city’s economic landscape, attracting both national and international investors. But […]
Despite a citywide drop in violent crime in 2023, property crime climbed 3.5% over the prior year, according to a Los Angeles Police Department report. While officials proposed new crime mitigation strategies at the beginning of 2024 in order to curb some of the city’s most common crimes, property managers can do their part to secure their […]
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. […]
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 […]
High-turnover properties, such as student housing and corporate apartments, especially in high-demand places like California, face unique challenges requiring specialized attention. Relocation services for high-turnover properties are essential to make tenant transitions easier and maintain high occupancy rates. Efficient relocation services are necessary for these properties’ success, ensuring tenant satisfaction and reducing vacancy periods. […]
Disaster preparedness is essential to managing rental properties, especially in regions like Orange County, where natural disasters such as earthquakes and wildfires are prevalent. The consequences of being unprepared can be devastating, affecting the physical property and the safety and well-being of tenants. Rental property managers are there to make sure properties are ready to […]
This article was published in Forbes on June 27th, 2024 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 […]
