Property Management Brainstorm

Property Management Brainstorm Podcast

The Property Management Brainstorm podcast show was created to provide information to homeowners and property investors looking to learn more about best practices in 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 property management company located in Del Mar, CA. Bob will interview some of the top professionals and experts in their respective fields related to the real estate and property management industries with the goal of providing insight and best practices to maximize your property value and income while maintaining top notch tenant relations.

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Podcast

Friday, February 14, 2020

Five Minute Friday #17: What Differentiates North County Property Group?
Five Minute Friday #17: What Differentiates North County Property Group?
The prevailing attitude among real estate investors is that all property management companies are much the same, so potential clients often ask, “What makes North County Property Group different?” or, “Why should we hire you?”On this episode of Five Minute Friday, Bob discusses some of NCPG’s differentiators,...

Friday, February 7, 2020

Five Minute Friday #16: What Items Should be Removed from My Furnished Short-Term Rental
Five Minute Friday #16: What Items Should be Removed from My Furnished Short-Term Rental
At North County Property Group, about 25% of our portfolio are furnished short-term rental (STR) units. Clients with vacation homes in the San Diego area enjoy the cashflow that comes from renting out their furnished property when they aren’t using it, but we encourage owners to think carefully about what personal belongings to remo...

Thursday, February 6, 2020

Episode 31: Work ON Your Business, Not IN Your Business, Featuring Terry Ogburn with Ogburn’s Business Solutions
Episode 31: Work ON Your Business, Not IN Your Business, Featuring Terry Ogburn with Ogburn’s Business Solutions
It’s easy for business owners to get caught up in the day-to-day and forget the visionary aspect of their job as leaders. But how do you build in time to work ON, not IN your business?Terry Ogburn is the founder of Ogburn’s Business Solutions, a consultancy that helps small businesses improve the bottom line. Today, he jo...

Friday, January 31, 2020

Five Minute Friday #15: Managing the Risk of Tenant Default
Five Minute Friday #15: Managing the Risk of Tenant Default
What happens if a tenant stops paying rent? The headache of dealing with a renter who defaults on their lease agreement keeps some investors out of the real estate rental market altogether. So, what can property owners do to manage the risk of tenant default?On this edition of Five Minute Friday, Bob explains what happens when a tenant de...

Friday, January 24, 2020

Five Minute Friday #14: Selling a Home with Tenants in Possession
Five Minute Friday #14: Selling a Home with Tenants in Possession
Most real estate investors don’t realize that they can sell a property even when it is occupied by a tenant. In the state of California, this is known as selling with Tenants in Possession, or TIP.On this edition of Five Minute Friday, Bob shares North County Property Group’s expertise in TIP, explaining how to keep tenants an...

Thursday, January 23, 2020

Episode 30: All About NARPM Featuring Eric Wetherington, 2019 National President
Episode 30: All About NARPM Featuring Eric Wetherington, 2019 National President
How do property owners know they’re hiring a qualified property management company that operates within a clear set of standards? The best way is to look for members of the National Association of Residential Property Managers, or NARPM.Eric Wetherington served as the 2019 National President of NARPM. Today, he joins Bob to dis...

Friday, January 17, 2020

Five Minute Friday #13: Running on EOS
Five Minute Friday #13: Running on EOS
Most business owners and entrepreneurs want to build a best-in-class company. But in the daily grind of running a business, it’s easy to lose sight of the vision you’re trying to achieve. At North County Property Group, we leverage the Entrepreneurial Operating System (EOS) to facilitate continuous improvement and become a bet...

Friday, January 10, 2020

Five Minute Friday #12: Understanding Generation Differences
Five Minute Friday #12: Understanding Generation Differences
Different generations of people have distinct values, lifestyles and communication preferences. And as property managers, we need to understand the perspectives of each group and adapt accordingly to best serve the tenants in our rental properties.On this edition of Five Minute Friday, Bob walks us through the five generations a landlord ...

Thursday, January 9, 2020

Episode 29: The Landlord Verification Process, Featuring Sherry McKillop of LandLord Verification Online
Episode 29: The Landlord Verification Process, Featuring Sherry McKillop of LandLord Verification Online
Because the landlord verification process is so cumbersome, a surprising number of landlords and property managers take it lightly—or don’t bother with it at all! But what if there was a quick and easy way to verify a prospective tenant’s rental history?Sherry McKillop is the Chief Operating Officer at LandLord Verificat...

Friday, January 3, 2020

Five Minute Friday #11: Tax Implications of a Rental Property
Five Minute Friday #11: Tax Implications of a Rental Property
As with any earnings, the rental income a property owner brings in must be reported to the IRS. So, what do property managers and homeowners need to know about reporting rental income and expenses on their federal and state tax returns?On this edition of Five Minute Friday, Bob offers an overview of the tax implications of owning a rental...

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