This past April a burglar broke into a vacant Scranton, Pennsylvania home and stole more than $10,000 in copper wiring and pipes. The vacant property is bank-owned, and thus not likely maintained on the outside, nor lit on the inside. Currently, there are at least 14 million homes like this in the United States, according […]
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Make Your Future Residents Think You Aren’t the Scrooge of the Block
While spring might have called dibs on the massive cleaning project that bears its name, winter is the season when your apartment’s appearance changes most. From white snow blanketing the exterior to the stockings that were hung by the chimney with care, winter is your opportunity to transform the look of your apartment and increase […]
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 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 ReadingWhat are some good examples of bad leasing policies?
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 […]
Continue ReadingThe 2012 Apartment Market: Can We Look Forward to Another Prosperous Year?
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 […]
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