In the real estate game, when we are talking rental properties, one of the most important things that will help you earn more money is long term tenants. The longer the tenant stays, the lower the number of unit turnovers you will have. Turnovers cost money! So as owners, we should do everything possible to […]
Category Archives: Landlords
Co-Working Space FAQ What is Co-working? Co-working is a shared work environment. We have been seeing this concept pop up in many locations all over the state. This concept provides new and established businesses and non-profits the ability to grow and contract with ease. It also provides great networking opportunities in a creative environment. Our […]
36 North Property Management Oldtown Salinas Co-working Spaces Our co-working concept looks to support local businesses and non-profits in their success. We provide a clean, professional, hip environment that offers networking and creativity amongst members. Our spaces are offered on a 6-month, 12-month, or month-to-month bases making it easy for your business to expand and contract. […]
Are You Managing Your Investment or Simply Collecting Rent? The decision to invest in property management ventures is often seen as a way to build a cushion for the future. Whether you assume a dual-role of owner/manager, or hire a property management company successfully managing your assets ensures the property lives up to your expectations […]
I went flower shopping at Lowe’s this weekend – with seemingly hundreds of other would-be weekend lawn warriors who had the exact same thought as me. And while I hated fighting the crowds (it was even hard to snag a cart), I was able to experience two completely different kinds of service in the same […]
If there is one thing that all property managers want, it’s an over abundance of qualified potential residents who need to rent or lease a place to live. The mentality of landlords vs. tenants has changed. Many managers and owners have taken the residents for granted for a long time. In writing via email more […]
You know, not everyone has a gift for writing. Some people don’t even have the basics. When I was younger, my mother was a librarian and an English teacher. She and I would sit at the kitchen table in the evenings, me struggling with the complexities of Algebra (many of which I, to this day, […]
I remember when I first started in the apartment industry, someone told me to always ask my residents if there was anything in their apartment that needed fixing. Now, at the time, I thought that was kind of odd. Why would we ask if there was something WRONG with our product? That seemed … I […]
The year 2013 will go down in the record books as a good year for both owners and managers of residential income properties. As I wrote recently in an article titled, It’s Tough to Afford to be a Renter These Days, “Housing affordability doesn’t look too promising as 2014 begins. If you listen to the […]
Let’s look at a tried and true way to measure rental property investment returns and what we as buyers should be looking for in our purchases. Total investment returns in real estate are really comprised of two pieces: operating positive cash flows and long-term appreciation. In today’s world, even though it probably will come, we […]