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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Infographic: The High Price of Ignoring Home and Apartment Repairs
Yes, this is the second infographic in a row (blogging faux paus, I know) – however the information in regards to the cost of prevention versus the cost of repair is quite valuable to landlords and homeowners alike and I thought it should be shared. Have a prosperous week! _Trevor Courtesy of: HomeInsurance.com and Redbeacon
Continue ReadingThe Apartment & Home Rental Landscape
“The Apartment & Home Rental Landscape – What do Renters Want?” created by ForRent.com
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 ReadingProperty Management #FAIL: How NOT to fix your roof
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 […]
Continue ReadingMake 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 ReadingDrones: 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, […]
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