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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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...

Tuesday, December 31, 2019

Five Minute Friday #10: Screening Prospective Tenants
Five Minute Friday #10: Screening Prospective Tenants
So, you’ve shown a property and collected applications from prospective tenants. Though you may have a gut instinct around who is the best fit, it’s critical that you put ALL potential renters through a consistent screening process. What does that look like? On this edition of Five Minute Friday, Bob walks us through the ...

Tuesday, December 31, 2019

Episode 28: Giving Back to Our Community, Featuring Bridget Strickland of San Diego Habitat for Humanity
Episode 28: Giving Back to Our Community, Featuring Bridget Strickland of San Diego Habitat for Humanity
As part of our commitment to give back to the community, North County Property Group has forged a partnership with the local affiliate of Habitat for Humanity to provide safe, affordable housing for hardworking families in San Diego County.Bridget Strickland is the Corporate Partnership Manager for San Diego Habitat for Humanity...

Friday, December 20, 2019

Five Minute Friday #9: What is 2nd Month Proration?
Five Minute Friday #9: What is 2nd Month Proration?
When a new tenant moves in on the 15th of the month, it is only fair to prorate the rent—charging them only for the number days they occupy the unit. But there is a downside to charging a partial month’s rent at move-in. So, what’s the best approach to proration? How can we be fair to our tenants and meet our own financi...

Friday, December 13, 2019

Five Minute Friday #8: Getting My Property to be Rent Ready
Five Minute Friday #8: Getting My Property to be Rent Ready
What does it mean to get a property ‘rent ready’? Are we talking a fresh coat of paint? Replacing the carpet? New appliances? There are a number of things we can do to ensure a property shows well and puts its best foot forward, so to speak.On this episode of Five Minute Friday, Bob explains what it means to make a property re...

Thursday, December 12, 2019

Episode 27: Gaining Efficiencies Through Property Automation, Featuring Sean Miller of PointCentral
Episode 27: Gaining Efficiencies Through Property Automation, Featuring Sean Miller of PointCentral
What if you could predict a maintenance issue before it turned into an emergency? Property automation technology gives us the data to catch problems early on and be proactive—before a water heater leak turns into a flooded home!Sean Miller is the CEO of PointCentral, the leading IoT platform for residential property managers. On thi...

Friday, December 6, 2019

Five Minute Friday #7: Establishing the Rental Rate
Five Minute Friday #7: Establishing the Rental Rate
Yes, property owners want to maximize their rental income. But if you set the monthly rent too high and the unit stays empty, no one generates any revenue at all! So, how do you decide on a monthly rental rate that keeps the property owner happy AND competes in the local market?On this episode of Five Minute Friday, Bob explains the impor...

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