I have seen a lot of hocus-pocus repair work in my years in the property management business, but this one takes the cake. Long story short: One of our roofing contractors went to fix a roof leak at one of our HOA’s in Los Angeles and THIS is what he found: Yes, that is a […]

The Los Angeles Times recently posted an article about a California landlord who imposed a blanket ban on smoking in all 2000 of their apartment units (13 buildings in total).  The ban extends to all common areas as well, requiring tenants to  smoke across the street if they need to light up.  The full article […]

Here at Property Management 2.0, we are always providing our perspective on property management; apartment leasing, apartment marketing, etc.  This week we thought it would be interesting to hear from a writer who is not directly related to the investment property industry and find out his take on what he looks for in a management […]

This week we continue with our suggested list of questions to ask while interviewing property management company candidates for your property.  The original blog post can be found here:  How to Interview and Hire the Right Property Management Company for Your Apartment Building We have put together a list of 12 questions to consider asking […]

This week, Property Management 2.0 would like to welcome Guest Blogger Rhoda Hu – First Light’s very own Director of Business Development and resident “Green Expert”! A Few Simple Ways to Go Green at Your Home or Apartment   For every plastic bag that we refuse to use, for every aluminum can that toss in […]

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 […]

**UPDATE: I have added names and links to the specific California landlord laws discussed below**  With every New Year comes a new set of laws and regulations for landlords and property managers.  Below is a short list of what we consider to be some of the most important statutes that will affect the multifamily industry […]

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 […]

Quick tip for your Monday morning: Taking the time NOW to screen prospective tenants is MUCH faster (and cheaper) than having to evict further down the road.  Have a wonderful week! -Trevor