Challenge: Several years ago, we were selected to manage a commercial property, and also oversee its soil contamination clean up. Theproperty had previously been a dry cleaners, and was on the verge of being required to test for poisonous airborne vapors. If the air was found to contain an excessive amount of toxins, the […]
Understanding the difference between tenant damage and normal wear and tear is an important part of property management in Los Angeles. According to California law, landlords cannot deduct money from a tenant’s security deposit for normal wear and tear. When a tenant moves out and you’re trying to determine whether or not to return that […]
One of the best way for investors to increase the profits they earn on their rental properties is by reducing the costs associated with that property. There are a few things you can do to keep your expenses low and your returns high. Author LAPMG View all posts
Today, we’re sharing a few tips that will help you increase the amount of rent you collect from your tenants. To maximize the rental income on your investment property in Los Angeles, you’ll need to do a few specific things before you put the home on the market . Author LAPMG View all posts
Smart property owners and investors know that hiring a professional property management company to place tenants and maintain the investment is a great way to maximize your returns and keep your costs low. However, not all property management companies are the same. When you’re looking for one to represent you, make sure you choose carefully. […]
The forward thinking owner of IG Properties teamed up with PCS Energy to achieve net zero energy bills. Upon the initial site visit it was determined that the 25-year-old roofs would be updated simultaneously. PCS Energy was able to work with IG Properties chosen roofer to produce seamless installation of both roofs and solar systems. […]
The most difficult yet rewarding job for property managers or property management companies is keeping a tenant as a long-term renter. In reality, there is only one way to accomplish this and that’s by keeping them happy. While you may find that many of your tenants rarely complain, it pays to know how the company […]
While landlords, property managers and/or management companies, and tenants will be primarily concerned with California state laws and ordinances that apply to them, there are certain Federal laws that play a role in the landlord-tenant relationship. Over the past several decades, the US Government has created agencies and enacted specific laws such as HUD* and […]
For property managers and management companies in Los Angeles, much has changed over the past 10 to 15 years. While the industry has been constantly evolving during that time span, so have their responsibilities. Today’s professionals have seen those responsibilities increase in dramatic fashion in that they do far more than simply collecting rents and […]
