It Pays to Keep an Eye Out For Better Technology~

Property Manager with Investors Choice Property Management CAL BRE LIC# 01124954

I did not think I was in the market for a new laser printer, but during a recent shopping trip to Costco, I decided to purchase a new HP Officejet 6500 Wireless Printer/Copier/Scanner/Fax.


I have a 6300 model from HP that has been a little workhorse for our small, service-based property management company over the past 3 years, but it always had a drawback-  the toner cost. The toner cartridges cost about $40 each, or I can get a combo pack at Costco with 2 black and 1 color cartridge for $75.00, not a bad deal at first glance. The printer itself cost me $225, but I was noticing that the toner costs were really outrageous.

What really tipped the scales and convinced me to buy a new printer? Several things actually:

1. Technology is getting better AND cheaper, so my new hardware cost a whopping $139.99, almost half the cost of the old machine.

2. Efficiency: The new Officejet offers an XL toner cartridge that can handle an estimated 1200 copies before it needs changing. The old 6300 model (per manufacturer specs) can handle about 400 copies before it is screaming for a refill cartridge. The XL toner cartridges cost about $68 each, but if they truly perform 3x better than the old ones, this machine is going to save us hundreds of dollars per month in toner costs.

3. Energy: The Officejet 6500 is an energy star rated piece of hardware, and features a sleep mode when it is sitting idle, something the old 6300 model did not do.Wireless is also thrown in for networking, though I use mine as a hardwired system only.

I used to always be a "don't fix it if it isn't broken" kind of guy, but I am definitely seeing the benefits of keeping an eye out for technological advances, both to improve our small company as well as to always strive to improve on our already fine tradition of customer service-based Property Management.

Investors Choice Property Management (ICPM) manages 105 single-family units with the care and diligence our Landlord clients deserve, in a manner that has them referring their friends, co-workers and family members. With over 16 years professional property management experience, our business is 95% word-of-mouth referral, we do NO Sales, we do NOT markup repairs, and pay among the highest referral fees in the industry for management accounts. Visit our website at today for more details, and find out what we mean when we say: “Experience Property Management the Way it Should Be.”

Comments (1)

Robert Machado
Homepointe - Sacramento, CA

Thomas, I had a recent client suggest we use to post free 30 or 60 second videos of their vacant property--have you used this site?

James Safonov 

Dec 16, 2009 03:49 AM