| |
rental management: Predictions for the Rental Market Heading into Fall 2009 - 08/19/09 04:47 PM
It has been an eventful year of foreclosures and short-sales, but don't start thinking we are out of the woods yet. The government's moratorium on foreclosures is due to lift August 31, 2009. As a small property management company that can often rent to people facing foreclosure, we are looking forward to what we think will be a brief respite from government intervention in our market. No one can say for certain, but I'll venture to speculate on the immediate future of our rental market-
It is going to get a little better in short order as the banks rush to … (2 comments)
|
rental management: Landlord's Learning Center- Cutting Your Losses- Evict Sooner Rather Than Later - 05/13/09 07:34 PM
Unlawful Detainer Actions (Evictions being the more commonly used term) are an unfortunate part of the Property Manager's job, and one that we hate to have to perform. In situations like these, the best that can be hoped for is a quick turnover with a minimum of damage, so here are a few pointers if you are a Landlord facing a possible Eviction with your tenant:
1. Do NOT make it personal. I have found over the past 16+ years as a property manager that the best approach one can take is a "sorrowful" one. As a Landlord, you are "sorry" … (5 comments)
|
rental management: Where Have All The Renters Gone? - 01/26/09 03:44 PM
Having been in property management since 1992, I have seen up and down markets, but never anything quite like this. Normally we see solid rental activity during a prolonged period of stagnant sales, yet inventory of vacant properties remains fairly high, while rents are flat or even sagging. I suspect more and more people are tightening the belt, moving in with family to save money while the economy works itself out.We have taken the position of getting much more aggressive on rental pricing, to attract whatever qualified renters we can during this tough market.
If you or someone you know … (8 comments)
|
rental management: More Than Just A Client- Taking It To The Next Level~ - 11/15/08 11:47 AM
As a Sacramento area property manager for the past 16+ years, I have owned and worked for several companies, both large and small. I have always enjoyed the multi-faceted nature of our industry. A property management company is more than just a Landlord's "rent-collector". Over time, I have assumed many roles for our clients, financial adviser, strategist, mediator, sounding board.
The most important role we can play in our client's business lives is their trusted ally, their friend. I have worked for companies that did not share this view of their clients, often referring to their clients in the most negative … (2 comments)
|
rental management: Working on the Weekends? Sacramento Property Management at it's Best - 11/01/08 12:03 PM
It is a gray, wet morning here in Northern CA. After a night of handing our candy to ghouls, ghosts and goblins, I settled in for some cheesy horror movies and a well deserved rest.
November 1, 2008. I turned 41 today. It doesn't feel all that different from 40. My wife and I had our coffee, charged our digital camera, prepared our documentation, and got ready to go to Elk Grove for an 11:00 am move-in appointment.
You see, we work when there is work, sometimes 14-21 days in a row if duties call for it. We are a small … (2 comments)
|
rental management: Happy Halloween From Investors Choice Property Management- Have You Checked Your Rental Property Lately? - 10/31/08 06:21 PM
Landlords- Remember to check up on your vacant rentals, or hire a good property manager to do it for you.
We will be visiting each of our vacancies tomorrow to make sure no ghosts or goblins (or vandalizing youth) did any harm over All Hallows Eve.
Does Your Property Manager Conduct Exterior Inspections at Regular Intervals?
Most companies do not, or they choose their words carefully, offering "periodic" check-ups. In our industry, "periodic" means "hardly ever". Others charge a fee for driving by, but aren't the Landlords already paying a management fee for that?
ICPM conducts quarterly exterior checkups throughout the … (0 comments)
|
rental management: The Lost Art of Personalized Services- Property Management for the Rest of Us~ - 10/29/08 07:36 PM
In this age of Wal-Mart, Costco and other big-box stores, the trend towards "bigger" is everywhere we look. Somewhere along the way, it seems the personal side of the service industry has been lost. We are no longer on a first-name basis with our grocer, our cashier, our hardware store owner, or our property manager.
Investors Choice Property Management (ICPM) was founded on a very simple set of principles- Choose one set of skills, perform those skills in such a way that meets or exceeds your clients' expectations, and be consistent.
With over 16 years experience in professional property management, ICPM … (5 comments)
|
rental management: Landlord's Learning Center- Pricing Your Rental Property in Today's Competitive Market - 10/27/08 04:41 PM
Given the large amount of vacant inventory on the rental market, it is important to establish a fair rental value based on the demand in your area. Here are a few suggestions:
1. Property Managers. A knowledgeable property manager can accurately predict the rental range in an area. Some can provide additional resources that can minimize the "guess work". One example is a rental housing survey, such as the one available on our website at www.investorschoicepm.com. Landlords should be wary of any property manager than lets an owner pick his/her starting price with little or no input.
2. Craigslist can be … (5 comments)
|
rental management: Landlord's Learning Center: Tips for Finding the Right Property Manager in Sacramento, Roseville, Folsom... - 10/25/08 11:36 AM
Landlord's have many different ways of locating a property manager for their rental unit, so here are few good tips if you are in the market to find a property manager. Feel free to ask any questions and check back periodically for more helpful property management advice:
1. Decide what kind of management style you prefer, up front. There are small, service based companies with 100 units or less, medium sized ones at 250-500 units, and giant ones with 1000 units or more.
2. Make your decision based on your own research, not on the amount of advertising dollars spent by … (0 comments)
|
|
|
|
|
|
Thomas Martin-BROKER, PROPERTY MANAGER Property Manager in Sacramento, Folsom
Sacramento,
CA
More about me…
Investors Choice Property Management
Address: 3017 Douglas Blvd. #300, Roseville, CA, 95661
Office Phone: (916) 770-9707
Cell Phone: (916) 770-9707
Email Me
A well educated Landlord makes more informed decisions, which in turn makes them a quality client for an effective Property Manager like ICPM. Our blog is dedicated towards educating consumers and agents on the finer points of Property Management, while helping them to steer clear of pitfalls and poor business practices.
 Links
Archives
|
;)
;)
