Property Management Tips

[Karla Talancon]

Good Afternoon,
I have over a decade of property management experience with single family homes...Recently I started managing a 16-unit apartment complex in downtown San Jose in a "rough" area can anyone offer any advice or tips? 

Also looking for vendors in that work in the area. Does anyone have any plumbing, electrical, handyman, and/or appliance repair referrals ?

Electric Gate Install Co referrals?

Thank You! Anything is appreciated. 

[Tanner Ueland]

@Karla

Hi!

I manage a 42 unit complex in Portland, OR. This year was definitely different. We completed construction in February of this year right before COVID hit. It has been a tough lease up and I’ve definitely learned from it.

Is your complex new or has it been there? Occupied or vacant?

My best tips if it is new, is to be flexible with your rent prices. Getting people in the door is more important than anything else. Being a little flexible on rent prices is much more beneficial than sitting on a vacant unit for months on end.

Organization is key, make sure you have all your tenants contact info and anything else somewhere on your computer that you can easily access.

Thanks and look forward to chatting more!