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Property Management Brainstorm

Business & Economics Podcasts

Property Management Brainstorm provides tips and advice to property managers, homeowners, and property investors about renting and managing their residential investment properties, tenants, and vendors. This podcast series is conducted in an interview discussion format by Bob Preston – president, owner and real estate broker of North County Property Group, a top ranked San Diego property management company. Bob interviews top professionals and experts in their respective fields related to the real estate and property management industry with the goal of providing insight and best practices to maximize your property value and income while maintaining top notch tenant relations.

Property Management Brainstorm provides tips and advice to property managers, homeowners, and property investors about renting and managing their residential investment properties, tenants, and vendors. This podcast series is conducted in an interview discussion format by Bob Preston – president, owner and real estate broker of North County Property Group, a top ranked San Diego property management company. Bob interviews top professionals and experts in their respective fields related to the real estate and property management industry with the goal of providing insight and best practices to maximize your property value and income while maintaining top notch tenant relations.

Location:

United States

Description:

Property Management Brainstorm provides tips and advice to property managers, homeowners, and property investors about renting and managing their residential investment properties, tenants, and vendors. This podcast series is conducted in an interview discussion format by Bob Preston – president, owner and real estate broker of North County Property Group, a top ranked San Diego property management company. Bob interviews top professionals and experts in their respective fields related to the real estate and property management industry with the goal of providing insight and best practices to maximize your property value and income while maintaining top notch tenant relations.

Language:

English

Contact:

858-792-5797 x100


Episodes

Five Minute Friday #50: The 2021 CALNARPM Conference Agenda, Register Now!

1/15/2021
We are so proud to announce that this is our 50th Five Minute Friday! When combined with our 50th full episode from last week, Property Management Brainstorm, TODAY is celebrating our 100th published podcast. Wow, our 100th episode, hard to believe but a great way to kick off our first FMF of 2021. And what better topic for our 100th episode to tell you all that the speaker slate has been finalized and our full agenda is now available for the CALNARPM Conference, coming up on March 11-12,...

Duration:00:04:26

Episode 50: The Best of Brainstorm 2020, Our Top Guest Conversations From Last Year's Episodes!

1/7/2021
We are proud to kick off 2021 with the “Best of Brainstorm”, snippets from our top guests of 2020. Topics Covered [3:48] Episode 42 featured Andrew Smallwood of Second Nature, who knows a lot too about why air quality is so important in rental properties. [5:35] In Episode 44, our guest was Citizen Home Solutions, featuring Peter Hernandez. Citizen provides a concierge onboarding service for new tenants to get their utilities setup. [7:27] Perhaps the most inspiring conversation of the...

Duration:00:24:57

Happy Holidays From Property Management Brainstorm!

12/23/2020
Hello Brainstormers! We are taking some time off from production during the holiday season but will be back with our normal Property Management Brainstorm programming in January 2021. Until then, happy holidays and we look forward to having you back with us in the new year! This episode is always available for listening, sharing, or download at Property Management Brainstorm. Subscribe to Property Management Brainstorm on Apple Podcasts, Google Podcasts, Stitcher, Spotify, TunedIn, iHeart...

Duration:00:00:27

Five Minute Friday #49: What Are You Afraid Of?

12/18/2020
On this Five Minute Friday, Bob discusses facing fears in our property management businesses as we head into 2021. Simply put, the issues we fear the most are the ones we most need to discuss and resolve! Are there areas of your business that need attention which you’ve been avoiding during the pandemic? What better time to focus on these items than now as we are working on our new year resolutions and 2021 business plans. This episode is always available for listening, sharing, or download...

Duration:00:04:23

Five Minute Friday #48: Relationship Management

12/4/2020
On today's FMF, Bob Preston speaks about the importance of relationship management in every business. Most of us would agree that Property Management is a “relationship business”. Imagine the number of people your team interfaces with daily in making your business successful: property owners, tenants, vendors, prospective tenants, HOAs, and more. This amounts to literally 100s of individual personalities on an ongoing basis. Bob refers to this group of people collectively as "stakeholders"...

Duration:00:05:31

Five Minute Friday #47: Happy Thanksgiving From Property Management Brainstorm!

11/27/2020
In this time of gratitude, I wanted to say thank you to all of our listeners who tune in for Property Management Brainstorm. Counting you among our listeners is something for which we are especially grateful! This has been a trying year on all of us in property management, so, I’m also wishing you the gift of faith and hope as we gather with the family we love, the friends we cherish, and for the blessings that will come. I’m certain we will all emerge from this crazy year stronger than...

Duration:00:02:32

Five Minute Friday #46: What the Heck is Normal Wear and Tear?

11/20/2020
What the heck is normal (or ordinary) wear and tear? This term is used in many of our states where we practice property management and is often the cause of misinterpretation, conflict, and disputes. In today's Five Minute Friday, Bob describes his "common sense" rule as it applies to determining what is normal wear and tear or what otherwise might be considered damage. This topic is of course hugely important when determining charges to a security deposit when a tenant moves out at the...

Duration:00:04:46

Episode 49: Process Automation in Property Management, Featuring Heather Park of RentBridge

11/19/2020
Bob has been addressing "process" in the past few episodes, speaking to why it is so important in property management. But what if many of those processes could be “automated”? The concept is to let technology handle your repetitive tasks. Might this allow your property management business to work smarter, not harder? In this Episode 49 of Property Management Brainstorm, Bob discusses this topic with Heather Park, Co-founder and Managing Partner at RentBridge. They will be speaking about how...

Duration:00:41:05

Five Minute Friday #45: Automation in Property Management - How Much is Too Much?

11/13/2020
Today's Five Minute Friday poses a hypothetical questions. There is no right or wrong answer, only personal preference of how you think a property management company should be run. A lot of companies have come into our property management space offering technical solutions based on automation and artificial intelligence. The concept is a sound one, what tasks in your property management workflow can be automated? And by automate, we are talking about digitizing the process, often taking it...

Duration:00:04:34

Five Minute Friday #44: Embracing Change, Announcing the CALNARPM Annual Conference, March 11-12, 2021

11/6/2020
Exciting news! The Calilfornia State Chapter of NARPM® (CALNARPM) has announced its theme and the dates of its annual conference. This will be a virtual conference, titled "Embracing Change", to be held March 11-12, 2021. Embracing change is something all property managers have had to do during COVID-19 and may need to do more than ever as we come out of the pandemic next year. We will be charting new directions in property management as we begin 2021. Join property managers, landlords, and...

Duration:00:04:16

Episode 48: Property Management Bookkeeping, Featuring Taylor Hou of APM Help

10/29/2020
Real estate brokers and property managers receive what are known as “trust funds” in the normal course of doing business. These are typically deposits and payments received and held on behalf of others, thereby creating a fiduciary responsibility to the funds owners. In our business as property managers, we must handle and account for these funds according to established legal and accounting standards within the rules and regulatory requirements of our individual states. Not being in...

Duration:01:01:37

Five Minute Friday #43: Self-Managing vs. Hiring a Property Manager

10/23/2020
The role of being a landlord comes with many financial, legal, and ethical obligations. As an owner of an investment property, time is money. There are two ways to go, managing the property yourself or hiring a property manager. On this week's Five Minute Friday, Bob poses a question to real estate investors: should you manage a rental property yourself or should you hire a property manager? There are of course lots of questions to ask yourself and many aspects to consider. Bob covers these...

Duration:00:05:23

Five Minute Friday #42: Calilfornia Ballot Measures Significant to Property Managers

10/16/2020
In this week's Five Minute Friday, Bob reviews and gives his position/endorsement for either a "yes" or a "no" on four California Ballot Measures in the upcoming election on November 3rd, that he believes to be significant to landlords, real estate investors and owners of rental property. Bob provides his opinion from a nonpartisan, independent position, as the owner of a property management company in the State of California. Here is a summary of the ballot measures of particular...

Duration:00:05:39

Episode 47: Property Management Processes, Featuring Jordan Muela, CEO at Lead Simple

10/15/2020
What is a "process" and why do we need it as a landlord or property management company? Webster’s defines process as a series of actions or steps taken in order to achieve a particular end. All you property managers out there, sound familiar? Our daily workflow in this business requires us to follow certain steps for several reasons: legal compliance, efficiency, profitability to name just a few. Think of the activities in our jobs which need to stay streamlined: business development, owner...

Duration:00:30:47

Five Minute Friday #41: California's COVID-19 Tenant Relief Act (AB 3088)

10/2/2020
We've been getting a lot of questions this month about the new eviction protection laws recently passed by the CDC and in California so we wanted to provide an overview to California landlords and property managers on this episode of Five Minute Friday. Full disclosure, Bob Preston, the host of the show, is NOT an attorney so this episode should not be take as legal advise. It offers only his opinions and summary, from his interpretation, as to how a landlord should handle such situations...

Duration:00:06:07

Episode 46: Creativity in Property Management, Featuring Nir Bashan, Author of The Creator Mindset

10/1/2020
As the host of the show, Bob often gets asked about the name of his podcast, Property Management Brainstorm. That often leads to the question, is Property Management a creative business? is the business of being a landlord and managing rental properties an open landscape for brainstorming and innovation? If asked, many of our listeners would answer "no" and they would not necessarily be wrong! Many property managers are still utilizing old school ways of doing things and the same processes...

Duration:00:51:45

Five Minute Friday #40: Long Term or Short Term Rental Strategy?

9/25/2020
A common question we get at North County Property Group is what type of rental should I have for my investment property, long-term rental or short-term rental? Long-term rentals involve annual leasing on a home that is normally unfurnished. Short-term rentals, sometimes called vacation rentals, are homes that are furnished with all utilities and amenities provided by the owner, rented to incoming guests while on vacation. In this FMF episode, Bob offers two differing profiles of success...

Duration:00:06:34

Episode 45: Hosting Landlord Seminars, Featuring Mike Connolly, Broker/Owner of East Bay Property Management

9/17/2020
This episode is dedicated to property managers wanting to grow their business. Bob discusses hosting landlord seminars with Mike Connolly, Broker/Owner at East Bay Property Management of Freemont CA. Mike's company has successfully hosted landlord seminars to bolster their business development efforts and grow their rental property portfolio. Heading into the Fall of 2020, the market may be ripe for gaining new property management clients. Many self-managers of rental properties are not sure...

Duration:00:30:51

Five Minute Friday #39: Is HVAC Maintenance Worth It?

9/11/2020
There are two times of the year when a functioning HVAC system is critical for a tenant in a rental property, winter time when in need of heating, and the middle of summer when cooling is necessary during hot temperatures. In this episode of Five Minute Friday, Bob explains why regular HVAC service is not only worth it, but how his company considers it a mandatory regular maintenance item. Many landlords my consider HVAC systems "out of sight, out of mind" until they break down. This sort of...

Duration:00:06:05

Five Minute Friday #38: Planning For a Paradigm Shift

9/4/2020
When society emerges from the COVID-19 pandemic, will there be a paradigm shift across industires, our economy, and even how we live our lives? Might that shift create a need for us to make permanent adaptations to the way we run our property management businesses? In this Five Minute Friday, Bob Preston ponders these questions and more as he discusses what happens when the usual way of thinking is replaced by new perspectives. Of equal importance is to spot the changes as they emerge and...

Duration:00:05:07