Property Management Part 2

propertymanagement Aug 30, 2019
 

This is the second part of a two-part series. We have Julia here again and we're going to actually go through what we're doing in order to make sure that we are providing really great housing for our tenants in our California assets. So we're going to talk about our inspections. Julia has just finished up inspecting a bunch of units,  because I've owned my units for a long time, and I don't get to see them every day. She is going to give me a briefing on the inspection results.

Why do we do this?

Last week we talked about revenue and this week we will talk about expenses. We must manage our expenses thus, performing routine inspections is a normal part of owning income-producing real estate assets.

Most of my buildings are more than 30 years old. I am over 30 years old myself. So sometimes when you're that age, things may not work as well. So in order to make sure that they stay working well. We do inspections just to make sure nothing breaks down.

You can be proactive and...

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