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Consistent Building Walkthroughs and Why They are Important in Managing Your Property

By | 2017-07-19T06:26:13+00:00 July 19th, 2017|blog|

At KIG Capital, our top priority is to increase the value of our properties by increasing income and controlling costs. One of many ways we achieve this is through our quarterly walkthrough inspections. While we are at our properties more regularly, to do simple site inspections, this quarterly walkthrough inspection is a bit more intensive. Furthermore, [...]

5 Tips To Help Tenants Save Money On Security Upgrades

By | 2017-07-19T06:24:47+00:00 July 19th, 2017|blog|

There are many tasks that property managers should be doing, so it is good to pass along some opportunities for tenants to improve their home in a way that benefits the property and the residents. By empowering your renters to take some responsibility you increase the chances of them following the rules of renting. Generally, everyone [...]

The Importance of “Lighting” in Your Rental Property

By | 2017-07-19T06:21:17+00:00 July 19th, 2017|blog|

One of the most important but often overlooked features for a building is the lighting. It is all too often we visit properties (not ones we manage of course) whereby lighting of the building is an afterthought. Either the lights were not appropriately placed around the building or parking lots, or there is too much lighting [...]

Strict Rent Collection Policy for Tenants Leads to Effective Management

By | 2017-07-19T06:20:10+00:00 July 19th, 2017|blog|

One of the most difficult aspects of property management is establishing a structure for rent collection and not only implementing the policies but sticking to them. We have found in instances whereby you have strict policy and procedures for your tenants regarding rent collection, you are able to manage the property more effectively and increase your [...]

How Rewarding Tenants Pays Dividends to Owners

By | 2017-07-19T06:19:09+00:00 July 19th, 2017|blog|

A great way to add value to a property is by extending good will to your tenants. One way that we do that is by “rewarding” our tenants during annual increases. During annual increases we will look at enhance the unit in a small way. Examples have been a new stove, new range hood, new sink, [...]

Video Surveillance Cameras on your Large Apartment Buildings

By | 2017-07-19T06:18:12+00:00 July 19th, 2017|blog|

Many owners ask us whether they should invest in installing video cameras for surveillance of the common areas of their properties. There are two main reasons why we recommend doing so if the owners have the financial means to do so. First, it can help in “he said/she said” litigation when sued by a tenant. About [...]

Requiring Renters’ Insurance for your Apartment Building Tenants

By | 2017-07-19T06:15:23+00:00 July 19th, 2017|blog|

Written into KIG Capital Real Estate’s lease agreements is a provision that advises the Tenant to carry renter’s insurance to protect the tenant from any such loss or damage. A reputable and experienced property management company will often present additional terms that require tenants to obtain renters insurance and that the landlords be named as an [...]

Managing From Effectiveness, Not Reactiveness in Los Angeles

By | 2017-07-19T06:14:23+00:00 July 19th, 2017|blog|

A recent study by “The Property Management Journal,” found that only 3% of landlords really know how to effectively manage their properties. The other 97% manage by crisis, constantly reacting to problems, rather than planning, acting and taking control for maximum profitability. Management, when handled properly, can be very rewarding and profitable. The effectiveness and profitability [...]