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Showing posts from July, 2024

Business to Business Professionalism

We've been a property management (real estate) brokerage for 6 years.  We've worked with a variety of investors / owners. I'm finding more & more investors who think little or no work is done once title transfers on a property they just aquired.  I'm finding more & more investors are skipping the inspection and or appraisal.  Can I tell you how important it is to spend $ on these 2 services...and the vast # of headaches you will save later. In the last 9 months, I've come across a few investors who are focused solely on cash flow.  These are investors who insist contractors hold / carry receivables and then wonder why the contractor is either too busy on other jobs OR too slow to respond to new work requests.  These same investors who ask for discounts on Every. Job. Quoted.  Or the investors who ask for a quote from a contractor only to use it as a bidding war between contractors.  Lastly, the investors who want to ignore building code as a me...

Property Management Services

 As a property manager, I see myself as a resource to investors / owners. Personally, the property management company my husband & I operate, we bring forth a great amount of experience. I have an extensive accounting background, including working for a parking company that leased and managed numerous properties.  That helped formed a basis of my reporting to my owners. My husband is HVAC and pest control licensed.  I am currently (as of 7.1.24) completing the requirements to be EPA RRP certified as an individual & as a company and I'm seeking state licensing for the Lead Risk Assessor licensing.  My husband has 20 years experience in plumbing and electrical. In areas where we don't have licensure or significant experience, our job is only to involve those who are licensed in other fields (mold, asbestos, etc) to provide quotes, recommendations, etc. We regularly outsource for (non bathroom, non kitchen) flooring roofing, appliance repair as a few examples. P...