As a property management blog, we have found that some of our most popular posts are those that answer challenging property management questions. Over the past year or so, we’ve tried to identify those questions ahead of time, and write about them as much as possible. For example, we’ve written about squatter’s rights, the grace period for rent due dates, and security deposit recovery to name just a few. However, we would now like to open up the floor to our audience for questions. Have a landlord, tenant, or property investment question for our property management experts in California, Arizona, and Nevada? Continue reading “Ask Your Property Management Question”
Property management is a challenging business where the property manager serves two different sets of customers with conflicting needs. As a marketer for a multi-state property manager, I have witnessed the razor-sharp line that a property manager has to walk in his place between the tenant and the landlord. At times, it can sometimes seem impossible to stay the course of this line, and I’ll share my insight into why that is.
The business of property management is one where the landlord compensates the property manager to relieve them of the burden of owning investment property (a.k.a, managing tenants). The late night phone calls with repair requests, the destruction to property, the late payments, not to mention the screening of and securing decent tenants – these are all part of the burden that the property manager bears. The owner, usually, doesn’t want to deal with the tenants, fixing up the property, or worry about collecting money. Usually, the property owner wants to make his investment by purchasing the property, and then simply collect checks by handing over the property to the property management company. In other words, they don’t want to do the “dirty work”. Despite this unenvious position, the property manager must do the bidding of the owner in order to get paid. If the owner feels that the service is not up to his standards, he can take his business to the next property manager in the area as switching costs are typically not that high. Continue reading “Why You Hate Your Property Manager (and Why You Might Be Wrong to Do So)”
Goldenwest Management has just been ranked in the top 3 property management companies in Vista, CA by Thumbtack, Inc. This is great to hear as our San Diego office is still so young compared with other management services in the area. Despite the newness of the office, this ranking shows that our service level in the San Diego area is viewed as top notch. The system that we use, and processes developed over time (not to mention the fantastic people we employ) from our Phoenix and Las Vegas offices have translated well into the Southern California market. Thank you, Thumbtack, and thank you to all of our wonderful clients! Feel free to checkout the listing below.
The first labor day was celebrated in 1882 in New York City. Back then, it was less of a celebration, and more of a demonstration for workers’ rights. We can, in part, thank the founders of this movement for the 8 hour work day, child labor restrictions, and other advances in labor-related legislation. For more information on the Labor Day Holiday, checkout some Labor Day facts here, some Labor Day Opinion here, and/or Labor Day Origins here. Also, if you are curious about how the holiday weekend affects the rent grace period, checkout our article on the topic.
Happy Labor Day from the GWM family!