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Posts Tagged ‘Property Management’

SVPMG Offers Property Management Performance Guarantees

Written by David Roberson, Esq. on . Posted in For Tenants, Landlords, Non-Owner Occupied Properties, Property Management

Property Management Performance Guarantees

Silicon Valley Property Management Group (SVPMG) offers Performance Guarantees for our clients and owners.  We are unaware of any other Northern California property management firm that offers similar guarantees.  The five (5) performance guarantees that SVPMG offers are; 1) Payment Guarantee, 2) Response Guarantee, 3) Fee Guarantee, 4) Transparency Guarantee, 5) Service Guarantee, 6) Satisfaction Guarantee – for a detailed breakdown of these guarantees go to http://www.siliconvalleypropertymanagementgroup.com and check them out.  Notwithstanding the fiduciary duties we owe to our clients per California law, owners and clients want peace of mind, they want to trust their property managers, they want complete transparency, and most of all they want guarantees.  We have tried to implement a guarantee for each critical component of the property management cycle.  We believe the most important guarantee is our response guarantee.  If a client or owner calls, texts, or emails us we guarantee that that inquiry will be responded to within 24 hours.  If we fail to respond within 24 hours we will not charge that client or owner for that month’s property management fees.  This guarantee is just as important to us as it is to our clients because we want everyone associated with the property to know that we are there for them with any and all questions.

It is a simple but paramount task for us to respond to our client or tenant inquiries in a timely manner.  In fact, most text messages are responded to within the hour – even if the response is “we need to do some checking or research before we get back to you later this evening.”  This guarantee is a very important cog in our business and we look forward to helping our clients and tenants each time they reach out to us as it is an opportunity to perform our duties.

Finally, since SVPMG is being paid to manage the client properties it is an imperative that we strive to offer the most comprehensive customer service experience possible in the property management space.  In addition to the performance guarantees SVPMG offers clients free legal advice with respect to their properties situated in California.  Owner/broker David Roberson, Esq. is a licensed California real estate attorney who practiced real property law at one of the most notable real property firms in Northern California.  David consults with clients on all real property questions, investment strategies, IRC Sec. 121 and 1031 exchange strategies, tax strategies, site development feasibility, complex transactions, among other things.  David has also written two books about real estate which you can find on Amazon.com and over 120 real estate blog articles which can be found at our website.

If you have real property questions call David today for an appointment or a confidential conversation 1-408-838-5113.

 

Monte Sereno – Luxury Country Community in Silicon Valley

Written by David Roberson, Esq. on . Posted in Los Gatos, Monte Sereno, Non-Owner Occupied Properties, Property Management, Silicon Valley Real Estate Investing

The Grapes of Wrath was written by John Steinbeck while he lived in Monte Sereno

The small city of Monte Sereno, California is nestled in the northern slope of the hills of the Santa Cruz Mountains, and is just ten miles away from San Jose and 50 miles away from San Francisco. It is shoe-horned between the desirable communities of Saratoga and Los Gatos, sharing public services and utility providers with Los Gatos.  Little traveled El Sereno open space preserve quietly overlooks and marshals the city limits.  Minutes from a convenient Silicon Valley commute, many top innovative minds, entrepreneurs, business professionals and executives call Monte Sereno their home. The entire city spans less than two square miles and consists of a quiet residential community of around 4,000 people with no commercial activity within city limits. However, due to sharing a zip code with the city of Los Gatos and being so close to other large cities, residents of Monte Sereno still have all the resources they need to live a comfortable, peaceful and safe life. These are all reasons why investors are focusing their attention on Monte Sereno for potential investment properties, and it’s expected this attention will continue to rise before it falls.

All About Los Gatos and the Rise of Investment Properties

Written by David Roberson, Esq. on . Posted in For Tenants, Landlords, Los Gatos, Non-Owner Occupied Properties, Property Management

The incorporated town of Los Gatos may not be known as widely as other areas in Santa Clara County, but it still has plenty to offer. It’s located just 60 miles from San Francisco, merely minutes away from San Jose, 20 minutes to Stanford University and is essentially a vital cog in the hustle and bustle of Silicon Valley. The beautiful landscape of Los Gatos is truly unique with a mix of flat topography and low-lying wooded hills with streams, creeks, a reservoir, and nature open space preserves scattered around the town.  Los Gatos is also 15 minutes to the Santa Cruz Beach Boardwalk (give yourself more driving time during the summer tourist season).  The Cats, Dio Deko, Los Gatos Lodge, Lexington reservoir, Testarossa Winery, and Netflix all call Los Gatos home.  Permanent residents, renters, rental property owners and investors all find Los Gatos to be attractive in one way or another.  It is by far a phenomenal place to invest in real property as it is as desirable as any enclave in Silicon Valley and continues to grow in both popularity and value on a seemingly daily basis. 

Pre-Market Rental Property Inspections Are Critical

Written by David Roberson, Esq. on . Posted in Landlords, Non-Owner Occupied Properties, Property Management, Silicon Valley Real Estate Investing, Uncategorized

http://www.siliconvalleypropertymanagementgroup.com Rental property owners usually desire three things from the professionals helping them; trust, transparency, and guarantees.  Specifically, they want to know their properties are being taken care of properly by a trustworthy professional.  To accomplish that first goal SVPMG performs pre-market rental property inspections of the properties we are considering to represent to determine compliance with the California Habitability Standards and state building codes.  Most of our competitors don’t have the broad based experience and knowledge to competently accomplish this task.  Our principal owner/broker, David Roberson, Esq., is a former building inspector (certified in 12 separate and distinct building codes and standards) and has inspected over 2,500 single family residences, 12,000,000 square feet of new construction commercial space and is very knowledgeable about each and every building he inspects.  Having your rental property inspected prior to marketing and leasing it can save hours of troubleshooting and headaches after the tenant moves into the property.

Contractors Can Not Under Report Workers Compensation Insurance Obligations

Written by David Roberson, Esq. on . Posted in Landlords, Non-Owner Occupied Properties, Property Management, Uncategorized, workers compensation

In the state of California, every employee (not a family member) working for a contractor must be covered by Workers Compensation insurance.  Not having proper Workers Compensation insurance in accordance with California Business and Professions Code Section 7125 et seq. can lead to serious ramifications for contractors, including having to pay back any compensation provided to them on any given project, no matter where the project is at in the construction phase.  California Business and Professions Code Section 7031 et seq.  Workers Compensation insurance is serious business in California and contractors must abide by the laws to avoid significant legal issues and potentially lose their license.  To defraud the state of California by failing to pay insurance for employees or under report the type of work or amount of work being conducted has equal penalties for contractors.  Importantly, consumers are the ultimate losers as insurance claims against uninsured or underinsured contractors end up being distributed to California citizens.

Saratoga, California, a Brief History of Real Estate Development and Change

Written by David Roberson, Esq. on . Posted in Landlords, Non-Owner Occupied Properties, Property Management, Saratoga, Silicon Valley Real Estate Investing

Saratoga Arches at Big Basin Way & Highway 9

Saratoga, California is located at base of majestic redwood forest forming the locally known Saratoga Gap on the northeastern and eastern slopes of the Santa Cruz Mountains.  Ohlone Indians occupied this territory during their heyday as evidenced by artifacts and tools found in these foothills.  Ordered by the Spanish government in 1776 Juan Bautista de Anza also travelled through Saratoga on his way to the Monterey Bay.  Half a century later a large land grant to Jose Noriega and Jose Fernandez of the land area which today is known as Cupertino, Campbell, and Saratoga was consummated.  Later Manuel Alviso bought this parcel and renamed the “ranch” Rancho Quito.  The early beginnings of this little town gave no clue what it would someday become.  Who knew this sleepy little village would someday become the home of some of Silicon Valley’s most famous business people?

Self-Management or Property Management Professional? That is the Question

Written by David Roberson, Esq. on . Posted in Landlords, Los Altos, Menlo Park, Non-Owner Occupied Properties, Palo Alto, Property Management, Silicon Valley Real Estate Investing, Uncategorized

Rental Properties Can Dominate You If You Aren’t Careful

When you’re thinking about advantages and disadvantages of owning a rental property, it’s easy to narrow the thinking down to the equation of rental income minus expenses equals your profit. This is a basic formula to start with, but there are so many different factors and variables that go into making it more complex than it seems. Many rental property owners don’t realize how much of their own time and effort is required for upkeep, taking tenant calls, collecting rent, enforcing leases and more. This brings us to the point of whether it’s worth the investment of your own time to handle these duties, or if paying a property management company to handle them for you is the way to go. Everyone views these perspectives differently but getting an overall understanding of both sides will help you make the decision that fits your lifestyle best. Finally, most people I meet don’t realize there are actually four (4) different ways to make money in rental properties – spending your time managing the property might not always be in your best interests.

The Pros and Cons of Owning a Rental Property

Written by David Roberson, Esq. on . Posted in For Tenants, Landlords, Non-Owner Occupied Properties, Property Management, Silicon Valley Real Estate Investing, Uncategorized

For some people, owning a rental property can seem like a dream scenario. For others, it may seem like a nightmare they’ll never wake up from. It’s only natural to have mixed feelings about owning a rental property, since there are so many different pros and cons to think about. Even when you take the time to weigh them all out, it can still seem like there are just as many risks as there are rewards.  Most of the time, a person’s experience owning a rental property won’t be a complete dream scenario where there aren’t any issues and the rent checks just keep flowing in. But the experience won’t be a complete nightmare either. It will be somewhere in between. There will be plenty of ups and downs, things you can plan for and things you get blindsided by. Everyone has a different risk tolerance, so making a list of the pros and cons of owning a rental property can help you decide whether the risks are worth the rewards for you.

Mold Prevention and Mitigation Guide for Property Managers

Written by David Roberson, Esq. on . Posted in For Tenants, Landlords, Menlo Park, Non-Owner Occupied Properties, Palo Alto, Property Management, Silicon Valley Real Estate Investing, Uncategorized

mold-removalI rarely use the “M” word because I’m not an industrial hygienist or a laboratory.  However, mold is commonly talked about in the real estate world and is everywhere – that simple fact doesn’t take away from the seriousness of it.  A mold infestation or contamination can be extremely damaging to a property and to investment property managers.  Not only does mold put your tenants/residents at risk, but you and the property owner may have to spend a significant amount of time and money to properly mitigate the environmental condition and make the rental unit a safe and comfortable place to live.  Moreover, mold creates a significant stigma on a property which most certainly attaches and affects value and desirability.  In addition to educating yourself about mold, one of the best things you can do is focus on the common areas (bathrooms, kitchens, laundry rooms) where mold grows and do your best to prevent it by keeping these rooms, walls, ceilings as dry as possible.  However, if mold/mildew growth is already there, it’s time to take care of it before the issue becomes more serious.  Remember, a property manager and/or landlord’s primary duty is to provide a habitable rental unit – a unit with mold is not habitable.

Unique Architecture and Picturesque Parks Draw Homeowners and Investors to Slater, Mountain View

Written by David Roberson, Esq. on . Posted in Landlords, Mountain View, Non-Owner Occupied Properties, Property Management, Silicon Valley Real Estate Investing, Uncategorized

The pleasantly quirky Slater neighborhood was built in the middle 1950s and is known for its diverse residential makeup and unique and varied architectural styles. When you live in Slater, your neighbors will be Google execs, young families and retirees who are the original owners of their homes. As you stroll along the wide, tree-lined streets, you will pass brick duplexes decorated with wagon wheels and charming bungalows reminiscent of farm houses. If you are looking for a distinctive non-cookie cutter community that is minutes from downtown, make sure to consider investing in Slater real estate.

Silicon Valley Property
Management Group

1900 Camden Avenue
San Jose, CA 95124
408-559-5649

We manage residential and commercial rental properties in San Jose, Campbell, Saratoga, Los Gatos, Sunnyvale, Cupertino, Palo Alto, Menlo Park, Mountain View, Los Altos Hills and every point in between.

They get things done right and right away

★★★★★
5
Great services organization. They get things done right and right away, highly professional and no nonsense. I would highly recommend this firm for leasing or renting/selling a property.
- Eric Frazier
Overall rating: ★★★★★ 5 based on 1 reviews

CA RE Broker #01942886