There are many things that can go awry on a property. If you don’t thoroughly screen your prospective tenants, you can cause serious damage to yourself, your property, and your budget. 1. Your Property Gets A Bad Reputation No resident wants…
Observe below the image from Google Maps of property management companies in Los Angeles. As you can see, there are multiple property management companies per square mile. With such a significant amount of competition, there’s a lot that needs to happen…
Some tenants can be a real hassle. Others are close to bringing you to insanity. And being honest, not everybody you rent to is going to be the ideal tenant. Murphy’s Law explicitly states that if something can go wrong,…
Public spaces are often left in a mess no matter whether it is a laundry room, pool, recreational area, or a bathroom…. Sometimes the same tenants that take super care of their own units don’t use those practices in the…
Don’t wait until disaster strikes to protect yourself and others from damages. Have a plan in place to prevent landlord-tenant disputes when there is property damage of any kind. You should take steps to ensure that the lease clearly designates…
The prospective tenant passed your background check, they were very welcoming in the showing, and really everything looked great when you signed the lease. But then when move-in day comes, nothing happens. The tenant is nowhere to be found. Plans can…
Let’s imagine that you scoped out the perfect property investment. Maybe it’s a property that will increase in value after refurbishment. Or you just know that the neighborhood is in high demand because of the local amenities and you believe this…
There is a common misconception that landlords are required by fair housing laws to not deny renters simply because they are registered sex offenders. Many who hold this perspective use the logic that somebody who is a sex offender likely has…
Retail tenants are showing a lot of growth across the country. Where as two years ago was a very sluggish CRE market. Now is the time to be competitive when the interest rates are still low. There is a resurgence…
This is a really funny compilation of bizarre statements and requests made by residents to their property managers. All of these quotes are apparently acted from real things that residents have said. As a property manager, it’s good to stay…