Property Management Brainstorm

Property Management Brainstorm Podcast

Property Management Brainstorm is a top ranked podcast, hosted by Bob Preston, RMP®, featuring top professionals and experts related to the property management industry. Bonus episodes are called Five Minute Friday (FMF), providing tips and advice, every Friday, in five minutes or less. Tune in, have a listen, and subscribe today!

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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...

Friday, November 29, 2019

Five Minute Friday #6: Best Practices for Renting Your Home
Five Minute Friday #6: Best Practices for Renting Your Home
The idea of generating passive income through a rental property sounds pretty terrific. But the reality is, being a landlord is not as passive as you might think. Renting your home is equivalent to running a business, and there are a number of responsibilities that come with it. So, what do you need to consider before becoming a landlord?...

Thursday, November 28, 2019

Episode 26: Lessons Learned in the Leasing Process Featuring Todd Breen of VirtuallyinCredible
Episode 26: Lessons Learned in the Leasing Process Featuring Todd Breen of VirtuallyinCredible
It goes without saying that every landlord and property owner dreams of a quick and seamless listing and leasing process that results in a happy tenant and ongoing rental income. But what can we do to make the leasing process run more smoothly? How can we reduce the number of days on market and fulfill our owner’s expectations&mdash...

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