Archive for August, 2007

Is Southern California Impenetrable? »

Up to this point the booming home markets throughout LA and Orange county had not really felt the massive calming that have hit Denver and Miami. However, the latest information that has come out this week starts to show they are not impervious. LA County has seen an 800% increase in foreclosures and the San […]

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Question to ask a Property Manager? Part II »

Here are a few more very good questions you should ask a prospective property manager:
Do you have licensed and insured vendors?
Can you handle emergencies?
How do you advertise and how much does it cost?
Do you inspect the properties?
Do you provide monthly reports?
Do you use a property management software?
Why are you better than other property management companies?
What […]

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Questions to ask a Property Manager? »

How long have you been in the property management business?
What experience do you have in my specific location?
Do you do any training with your property managers?
Do you determine your own rent rates?
What is rate your of vacancy and collection rate?
What are you doing to collect those past due rents?
What do you do if a resident […]

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How to choose a Property Manager? »

As you begin to acquire property you also take on much more work and there realistically becomes a point where you can’t manage all of the property yourself and still maintain a normal job. So what do you do? Well, you either sell the property or you hire a qualified property manager.
To some this may […]

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Now is the time to buy!! »

KWM, Kennedy Wilson Multifamily just finished acquiring a Seattle and San Jose prpoerty and totalled acquisitions of $425 million in the last 60 days.
KW Multifamily bought the Mill at Mill Creek, a 516-unit rental community located in Mill Creek, WA is noted as a great location but was poorly performing. So they’ll bring in a […]

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Property Management is raising the roof off, literally!!! »

A company called RoofLifters does just that, it actually lifts the roof off of places and inputs a new one all the while increasing the space and square footage to accomadate the new building. This innovative technique can revujenate an older commercial building. It is a unique option for property owners and is conceivably looked […]

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Union Workers strike, sort of? »

In Ohio and surrounding areas, the local Carperenters Association is upset that some general contractors and property management companies aren’t paying carpenters the standard $22.50 per hour aldong with health coverage and pension. Well the Union decideced to picket these organizations. It’s just that they didn’t do the picketing themselves they actually hired over a […]

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Two internet players join forces… »

Condo.com is the largest online place for all things condo. The online directory has just joined forces with Condohotels.com to create the world’s largest and most comprehensive condo hotel market. Visitors can buy, rent, sell and register condo hotel units all over the world. Combined they will have a huge control over […]

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