maintenance

Surviving Property Management

July 24, 2010

Whether you are a full time professional property manager or an individual who manages personal rentals everyone reaches a point where you just want to pack it all in. I love property management but in order for me to be fresh, creative and have a long career in the field I love I need to take [...]

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Santa Cruz County Housing Expo 2010

June 2, 2010

I was invited to speak at the Santa Cruz Housing Expo on May 8th, which was sponsored by the Santa Cruz Association of Realtors.  My topic was Investment Properties.  Here is a brief outline of workshop. Investment Opportunities:  What is your goal – rental income, appreciation and sell, pass on to heirs? Location – this [...]

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Property Management from a Newbie Perspective

May 21, 2010

I have a part-time admin who is a property owner herself and has had a property management company (me) handling her properties for her.  We were lucky enough to have her help us out in the office and  after 6 months on the job I asked her to write about property management behind the scenes, [...]

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Property Management from A-Z: Z

April 16, 2010

Well I am on Z and covered all topics related to Property Management through the alphabet and then some.  Hope you have found the topics timely and of interest.  Zero Sum Gain (break even), Zap Your Energy, Zombie, Zen, Zest for Life Zero-Sum-Gain – break even is at least where you want to be with [...]

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Property Management from A-Z: Y

April 14, 2010

Yearly Planning, Year-End Planning Yearly Planning – this should be done before the new year begins.  It should also be reviewed quarterly.  Again, this is your business, your investment.  What should be part of your yearly-planning?  Any turnovers coming up, what maintenance needs to be done this year?  Have a budget?  Taxes, Insurance, Mortgage, Utilities [...]

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Property Management from A-Z: W

April 7, 2010

Wealth, Waste (time & money), Wear & Tear, Web Wealth – Owning investment property is an excellent way to build long term wealth.  As long as you manage your property as an investment and business your chances of building wealth will be good.  Many people don’t treat their rentals as an investment and therefore actually [...]

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Property Management from A-Z: P

March 15, 2010

Patience, Preventative Maintenance, Pets, Policies & Procedures, Photos, Profit Patience – Always outline in detail what you want done with the property and in the lease.  When tenants ask what seems to be stupid questions be patient and happy that they are asking you first..educate your tenant. Preventative Maintenance – Do annual checks for batteries [...]

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Property Management from A-Z: O

March 12, 2010

Organization Even if you have only 1 rental you need to be organized and have a system that keeps all your records in order.  I have a binder and it has the following tabs: Summary – 1sheet with tenant contact info, rental amount, security deposit amount, recent maintenance done Lease – lease and application, credit [...]

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