Keeping your top renters happy year after year might be easier thank you think. Check out this infographic on boosting resident rention.
Continue ReadingAdding Value to Apartment Buildings
Turn Your Small Space Into a Stellar Home
Small spaces and minimal square footage are no longer deal breakers for renters and home buyers across the nation. Millennials, baby boomers and conservationists are looking to downsize their living space, carbon footprint and the responsibilities associated with owning a large piece of property and floorspace. Smaller homes and properties call for less cleaning, landscaping […]
Continue ReadingImportant Outdoor Updates to Make to Your Investment Apartment Property
When you decide to invest in an older rental property, there are bound to be some extensive updates you’ll need to do before your property is ready for tenants. These tasks will be even more extensive if you are investing in a duplex or apartment complex. According to the Law Depot blog, rental tenants highly […]
Continue ReadingTop Amenities Tenants Look for in Outdoor Spaces
Are you looking for a way to give your rental property a competitive edge? Instead of investing in kitchens and baths, which may have already been upgraded, why not address the outdoor living space? A home with a comfortable and inviting outdoor living space will draw the attention of potential tenants who are driving by […]
Continue ReadingInfographic: Improvements That Can Increase The Value of Your Home (or Apartment)
Courtesy of: Kayu Connection
Continue ReadingDIY Landscaping to Boost Your Rental Home’s Curb Appeal
In the world of real estate, first impressions are everything. Any experienced realtor or property manager will tell you that the condition of a property’s exterior is crucial and poor outdoor aesthetics heavily influence a renter’s ultimate decision. Don’t let this happen to you! Turn your rental home into the belle of the block with […]
Continue Reading6 Secrets to Make Your Rental Property Stand Out From the Crowd
Los Angeles has a booming rental market. But with so many renters, property owners are constantly fighting to get the attention of renters, boasting of the best amenities and generous incentives to sign a lease. Here are some tried and true tips to help your rental property stand out from the crowd: Remedy Any Quirks […]
Continue ReadingFirst Light Property Management Inc. Featured in LowesForPros.com Article “Why You Should Update Your Laundry Facilities”
We are pleased to announce First Light Property Management Inc.’s inclusion in a recent article for the Lowes Commercial Services website, www.LowesForPros.com. Trevor Henson, Partner and COO, was interviewed by writer, Kelly Haglar, as an expert source into the reasons why a property management company, landlord or apartment owner should update their onsite laundry facilities. […]
Continue ReadingApartment Owners: Two simple tips to save water (and money)
Tip #1: Perform a “Drip Inspection”. Some landlords and owners forget one of the easiest and most cost-effective ways to save water: Check for dripping faucets and running toilets in each unit. The simple task of inspecting shower heads, faucets, and toilet connections for drips or runs can save hundreds (and in some cases thousands) […]
Continue ReadingHow to increase NOI by installing electrical sub meters (Part 3 of the Adding Value to apartments discussion)
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.
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