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 […]
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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 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 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 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 […]
Continue ReadingGUEST POST: What to Look for in a Property Management Company
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 […]
Continue ReadingGoing Green 101: What does that little blue “Energy Star” logo mean anyway?
Please welcome once again First Light Property Management’s resident Green Expert as she solves the mystery of the “Blue Star” and what it means to the Green Movement. Class is now in session… _Trevor For those relatively new to the “Green” movement and interested in learning more about what can be done to conserve […]
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