Property Management Blog

And more importantly why do we specialize in it.To answer the first question, value add is "the sum of the unit profit, the unit depreciation cost, and the unit labor cost is the unit value added."In other words- we look for properties that exhibit management or operational problems, require physical improvements and/or suffer f...

Jump into spring and get ready for the summer ahead with these property tips. Do a little spring cleaning:Clean the areas of the property that are often neglected by tenants and homeowners alike. - Sweep out and remove debris from area around trash cans and side allies- Clean light fixtures and clean out gutters. - Remove o...

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A six year drought might be ending in parts of Northern California but for San Diego and much of Southern California, the drought isn’t over yet. Yes, we had lots of rain and its been a big help but winter is only half way over and the rain needs to continue. The New York Times reports that, “Many years have started off wet an...

Get rid of soap scumVaseline is an easy way to get rid of soap scum. Dab a small amount to bathroom surfaces and allow to sit for a few minutes. Wipe away with a soft cloth and admire the look of your practically new bathroom. Bonus- is it also a great lubricate for faucet handles. To use while paintingVaseline can be used as a substitut...

Beware of social mediaBe careful of pictures and updates you post on social media. Unless you are very careful with your privacy setting, you could be letting possible robbers know you are out of town. Place a stop on mail and newspapersAn easy way to let people know you are not home is to have an overflowing mailbox or a few too many ol...

Here are some money saving tips for property owners and owners of income property. Have anything to add? Let us know.Find vendors you trust.A plumber you can trust is a must! Plumbing is one of those things that tend to be emergencies. Have a number you can call is an easy way to eliminate stress. Same goes for electricians. But also cons...

Imagine this- your refrigerator breaks and all your food goes bad… or a pipe breaks and your living room furniture is destroyed… or your car gets broken into and your wallet and phone are stollen. These things happen and thats why its important to protect yourself with Renters Insurance. Renters insurance is just the pi...

Is Co-living the next big thing that will reshape the multi-family real estate market? We examine it’s benefits.How the shared economy will change multi-family real estate starts with the concept of Co-living. It is a style of living that combines individual space with shared amenities and communal space. If you are one of the many ...