Los Angeles Times article regarding the growing trend of first time landlords in Los Angeles.

There are so many ways a company can give back, but for those of us in the property management and asset management field, we may not realize that a new development project can be the perfect way to  help your local community. Our team knew one of our projects would be converting an existing complex […]

Sometimes I think my iPhone might explode with the amount of useless apps I have downloaded! But, there are several apps that my team at First Light Property Management use everyday.  Chime in and let me know if you think there are others that should be on this list! Property Inspector  Make your next property […]

“The Apartment & Home Rental Landscape – What do Renters Want?” created by ForRent.com

An act was passed in February that’s ultimately going to open new doors of opportunity for real estate and property management officials. The FAA Air Transportation Modernization and Safety Improvement Act requires that the FAA “accept and support” drones–or Unmanned Aerial Vehicles (UAVs)–in United States airways. While awaiting the new stipulations to be defined and […]

This past year was very strong for the apartment industry here in California as well as for most other parts of the U.S.   Our company’s portfolio of apartments, HOA’s and single-family-homes saw an increase in average rent; increase in occupancy levels; and a fair amount of new acquisitions.  Will 2012 continue to lead owners, investors […]

The article below was just published on Bloomberg.com and I thought I would pass it along.  Bloomberg offers a very interesting insight into the transformation that the property management industry is experiencing as home ownership continues to stagnate and rental prices rise.  A word of caution, however, to landlords who are looking to hire a […]

Are you curious about where to buy your next apartment building?  Take a look at this list that was compiled from Safeguard Financial’s blog – some of the locations and statistic are a quite surprising (eg Stockton at 16.7% unemployment!?!).  What other real estate markets should be included on this list?  What will property management […]

The recent reports of the decline in national homeownership have sparked much debate and buzz in the property management and multifamily industry. Has the up-and-coming generation forever shied away from homeownership and placed its faith in “permanently renting”? Or is the current adversity to home buying simply another phase of the current real estate cycle? […]