Drones: A Controversial Eye in the Sky for Property Managers
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 […]
Continue ReadingLandlords: 5 Reasons Why Our Time Is Now
[Happy Monday everyone! I stumbled on this this very motivating article on eZine and thought I would pass along the awesome vibe and sentiment. Rock on, #multifamily! -Trevor] Wow! Has it already been over five years already since the real estate market tanked? TARP, the “new normal”, bailouts, CDO’s, and toxic assets were all the […]
Continue Reading1.7 Million New Renters Expected to Hit Market in Next 3 Years
We may continue to see the number of families purchasing homes to decrease according to Freddie Mac’s Multifamily Research Group’s Real Estate Demand Forecast, which issued a new marked demand forecast last week. According to Freddie Mac, renters entering the market are expected to dramatically increase over the next three years. What’s causing the increase […]
Continue ReadingFireplace Safety for Apartments or Rental Units
Once again, we welcome one of our team members – Rhoda Hu – to the Property Management 2.0 Blog. Happy November, everyone! -Trevor #WinterIsComing —– With cooler temperatures upon us, now is the time of year that many enjoy snuggling up by the fireplace to keep the cold away. We, at First Light Property Management, […]
Continue ReadingNew 2013 California laws for landlords, property managers and property owners
With 2013 on the horizon, we again take a look at some of the new California laws that we will be going to into affect as of January 1st. Below is a description of three of the (in my opinion) most pertinent laws affecting the property management community. Senate Bill 1191 Landlord Must Disclose Notice […]
Continue ReadingDoes your apartment building REALLY need monthly pest control?
Does your apartment building REALLY need monthly pest control? The answer: ABSOLUTELY. We have seen it time and time again when landlords have chosen to only perform pest control on an “as-needed” basis (aka, responding only when a tenant calls with a rat or roach sighting) and it ending up costing them much more than […]
Continue ReadingInfographic: DIY vs. Professional Property Management
Awesome Infographic pitting the Do-It-Yourself Landlord against the Landlord-With-the-Property-Management-Company. Happy Friday! _Trevor Courtesy of: AllPropertyManagement.com
Continue ReadingGuest Post: Taking Care of Pests in Multifamily Units
Pests such as rats, bedbugs and roaches are a common fear among apartment dwellers, but the truth is that they can be a bigger nightmare for the property management team. Pest management is an essential part of taking care of a living, breathing investment property, and sometimes it is easy to feel overwhelmed by the […]
Continue ReadingHow to Use Pinterest for Property Management
Pinterest is a new but RAPIDLY growing social network which can be a powerful tool for the promotion of a property management business and/or apartment building. The website was imagined as a place where users would communicate by creating picture boards and adding pictures (called “pins”) to the boards for the entire world to see. […]
Continue ReadingLetters to the Property Manager: Customer Service & the Maintenance Man
The maintenance team that a property management company employs is critical to the customer service and resident retention an apartment building. The attitude, demeanor, punctuality and friendliness of Mr. (or Ms.) Fix-It is often times the difference between a tenant moving out as soon as their lease is up or choosing to live at the […]
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