First Light Property Management Inc (FLPM) is proud to announce its newly formed relationship with the Magnolia Courts Senior Living Community located at 2552 Foothill Blvd, La Verne, California.  FLPM has been contracted as the exclusive 3rd-party management provider  for the 101-unit condo complex. Here is a quick description of our lovely new community: “Immerse […]

We recently received this letter from a departing resident of our Ocean Breeze apartment community located in Torrance, Ca.  Jim Masters, our residence manager, does a wonderful job to make sure that that his residents are happy from the day they move in until the day they decide to retire in South America. Thank you […]

I recently read a blog on Property Management Daily entitled “6 Property Management Companies Using the iPhone QR Code Feature” and it set my mind motion with a host of questions:  Is the QR code technology going to be quickly surpassed with the next great reality integration marketing fad (going to way of the junk […]

My latest post on Property Management 2.0 discusses the feasibility of installing electrical sub meters on a master metered apartment building in the midst of a recession. Do the numbers make sense? Will there be resident turn over? Check out blog.firstlightpropertymanagement.com for the full article.

This post is recognize one of our best team members for her work as Property Manager in the San Diego area.  Julie truly cares for her residents and her communities, which is evident in the letters we receive from current and departing tenants (see below).  It gives us great pride as a property management company […]

Once an apartment building has been located, you will want to asses the potential value that can be unlocked from it. Creating value in multifamily apartment buildings in Los Angeles (or any other city for that matter) can be accomplished by asking on question: “what about this building can I change to make it better?” This post shares 10 ways that may help to increase your property’s value.

Property Management in Los Angeles: Part 2 of how to use video to lease apartments

Quick instructions on how to lease an apartment in Los Angeles using video and YouTube.com

1. Exterior Power Wash This is by far the most cost effective way to give your apartment complex that freshly painted look and quick curbside appeal. Here is a link to a plastering company that we use locally to do our power washes: A&D Plastering.  The process is generally a 1-day deal for about an 1/8th of the cost of paint […]

Finding great tenants can sometimes be very challenging, especially with apartment vacancies reaching record highs.  But just because Depression 2.0 is making leasing difficult, it does not mean that we, as property managers do not have a fiduciary duty to protect our clients from dead-beat and/or potentially dangerous tenants. Diligent tenant screening is important and we must, however, keep in mind that […]