Property Management Blog

Blog Post The Renters Insurance Dilemma
By Progressive Property Management - Sunday, February 26, 2017

The Renters Insurance Dilemma

[vc_row][vc_column][vc_column_text] Many owners want the tenant to obtain “renters insurance”. This type of insurance will generally insure two areas: the tenant’s personal property if it is stolen or destroyed, and provides liability insurance. Liabi...
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Blog Post Lower Management Monthly Fee with a Higher Tenant Acquisition Fee or Vice Versa?
By Progressive Property Management - Thursday, February 16, 2017

Lower Management Monthly Fee with a Higher Tenant Acquisition Fee or Vice Versa?

If you are shopping for property management services, you may run into the problem of deciding between two companies who price a little differently. At Progressive, we charge a flat monthly fee as low as 4% and no more than 10% depending on the type of property and the amount ...
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Blog Post Why an In-House Maintenance Service Company is a Good Thing for our Owners
By Progressive Property Management - Thursday, February 16, 2017

Why an In-House Maintenance Service Company is a Good Thing for our Owners

Some clients are uncomfortable with the fact that we use (and I own) Sierra Maintenance Services, the company that provides handyman services for properties we manage. We found, that once we were managing 200+ properties, having an in-house maintenance company was critical to ...
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Blog Post When is “Normal Wear and Tear”, Not?
By Progressive Property Management - Thursday, February 16, 2017

When is “Normal Wear and Tear”, Not?

As you may be aware, a tenant is entitled to “normal wear and tear” or your rental. But the adjective “normal” can be problematic. What is normal to the tenant may be excessive to a property management company or owner. When deciding whether to de...
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Blog Post Battle at the Board
By Progressive Property Management - Thursday, January 19, 2017

Battle at the Board

Recently, another property management company filed a complaint against me because the information I had posted in the Comparison Chart on this website was incorrect. In our industry, this is a very serious situation. If the local board finds that you have violated the Code...
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Blog Post 2017 Predictions
By Progressive Property Management - Thursday, January 19, 2017

2017 Predictions

It is difficult to make predictions because they are often wrong and if I knew what the future held I wouldn’t be typing this blog, I would be sipping mai tais poolside in Maui. But nothing ventured, nothing gained, so I will make some predictions for the coming year. ...
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Blog Post The Election of 2016 and Property Management
By Progressive Property Management - Tuesday, November 22, 2016

The Election of 2016 and Property Management

To most of the pundits’ surprise, Donald Trump won the presidential election and at least some of the policies and promises of his campaign will come to fruition. More importantly for California, the democrats have won a super majority in both the Assembly and Senate (a...
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Blog Post We Intend to Relish the Next Recession
By Progressive Property Management - Wednesday, October 5, 2016

We Intend to Relish the Next Recession

Recessions are part and parcel of capitalism. Â The definition of a recession is a fall in the Gross Domestic Production for two consecutive quarters. Â Not all recessions are like the Great Recession which lasted 6 quarters and created financial havoc for most sectors of t...
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Blog Post We Don’t Provide a Service – We Improve the Experience
By Progressive Property Management - Monday, August 1, 2016

We Don’t Provide a Service – We Improve the Experience

Property management is a service business. We don’t create a tangible product, we provide the service of managing residential (mostly) properties. To most, that consists of collecting rents, paying bills, making disbursements to the owners and enforcing the lease con...
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Blog Post The Accidental Landlord Dilemma
By Progressive Property Management - Sunday, July 10, 2016

The Accidental Landlord Dilemma

We have quite a few current owners who bought a property in 2005 or 2006 just before the real estate crash, and rather than sell the home at a discount in the years following, kept the property as a rental. They may have preferred to sell the property, and had no intention of ...
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