The American Apartment Owners Association posted an article on their blog that brings up a very relevant point in regards to leasing policies: bad policies can lead to bad tenants.  We, as landlords, must set the standard from the beginning when engaging resident-prospects.  If we are lazy with our reference checks, credit checks, rental history […]

Property management is an upscale, highly sophisticated babysitting industry. And property managers are the babysitters your always wished you could find for your child. We babysit, take care of, tutor and nurture your child (aka your investment property – whatever that may be). As property managers we will love it for you; educate it for you; make sure nothing bad is happening to it; we inform you when it is misbehaving; we reward it when it is doing well; and give you detailed reports and suggestions on its progress. When a property management company is

A friend of mine recently bought an apartment building here in Los Angeles and asked me “How do I know when/if I need property manager?”  To which I told him there were several reasons to hire – or at least consult with – a management company.  I then proceeded to rattled off my top ten […]

I was interviewed by a potential client last week and one of the first questions that he asked me was: “How do you perceive the management style of your company?  In other words, if I were to hire you, what do I tell people your company does for me?”  My answer came quick: “We proactively […]

As the economy keeps doing what it is doing (no need for explanation here, I am quite sure), property manager relationships and trust within business circles become more and more critical. Investors need – more than ever – to be able trust in their broker’s ability to navigate them through the daunting world of short sales, […]