Is your Homeowner’s Association maximizing the amount of reserves it could be holding? Our experience with HOA and Community Management is that t elected Board does not always have the time or resources to look for cost savings in every single detail of the Association’s monthly bills (let’s face it, homeowners are busy). In an […]
Continue Readingproperty management
First Light Property Management Welcomes Magnolia Courts Senior Living Community!
First Light Property Management Inc (FLPM) is proud to announce its newly formed relationship with the Magnolia Courts Senior Living Community located at 2552 Foothill Blvd, La Verne, California. FLPM has been contracted as the exclusive 3rd-party management provider for the 101-unit condo complex. Here is a quick description of our lovely new community: “Immerse […]
Continue ReadingNationwide Decline in Homeownership: Permanent or Temporary?
The recent reports of the decline in national homeownership have sparked much debate and buzz in the property management and multifamily industry. Has the up-and-coming generation forever shied away from homeownership and placed its faith in “permanently renting”? Or is the current adversity to home buying simply another phase of the current real estate cycle? […]
Continue ReadingWhy is renting an apartment better than buying a house? Because of customer service!
There are many reasons to rent an apartment in stead of buying a home these days. One reason that is frequently overlooked is the customer service you receive as a renter from a property management company. Instead of having to find the right handy man, plumber, electrician, etc – one call or email to your property manager and the issue is on schedule for repair. As a renter, you do not have to worry about who is going to fix what and when and for how much – your property management has got you covered!
Continue ReadingDrop in construction could lead to apartment shortage? REPOST from Dallas Business News
“We will be facing a severe shortage of apartments in the next few years, which will increase the cost of housing for consumers,” Sharon Dworkin Bell, senior staff vice president of the National Association of Home Builders, said at this week’s convention in Las Vegas. “We believe we should have 300,000 starts every year to have a stable market.”
Continue ReadingNew California law brings Virginia Graeme Baker Law back to surface
California Assembly Bill 1020: Swimming Pools – Effective January 1st, 2010. This bill is basically California’s answer to the Federal Virginia Grahame law that was passed late 2008. The new bill makes it a state law that landlords and owners install anti-entrapment devices on all public pools, new or old.
Continue ReadingFirst Light Property Management to be Featured in New Property Management Book: Successful Property Managers
First Light Property Management, Inc. has been chosen to be interviewed as one of the successful property management companies in Mike Levy’s latest publication: 50 Interviews with Successful Property Managers: Advice and Winning Strategies From Industry Leaders. After my interview with Mr. Levy, he afforded me the opportunity to be a contributing author to his publication. I […]
Continue ReadingTop 5 Ways to Increase Rent Value in a Down Market
Many of us in the property management field are seeing our
Continue Reading