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RPM Westside L.A. Blog

Anything Property Management related along with Los Angeles culture ie: news, events, community, fun & special interests.
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Sep 02
2010

Real Property Management & Re/Max Join Forces to Dominate!

Posted by edgar in SANTA MONICA , RPM RE/MAX , Rent , REMAX REAL ESTATE , Real Property Management , Los Angeles  , JOIN FORCES , HUGE ALLIANCE , Beverly Hills

Real Estate and Property Management Leaders Form Strategic Alliance

September 1st 2010 by RE/MAX

Denver, CO - August 13, 2010 - (RealEstateRama) — For the first time, a major real estate franchisor and the country’s largest property management franchisor are joining forces to assist renters, distressed homeowners and investors.  The historic alliance is a two-way strategy that allows industry power houses, Real Property Management (RPM) and RE/MAX, to efficiently exchange property and client referrals.

As the housing market continues a gradual recovery, more investors are taking advantage of a growing inventory of distressed properties, while some cautious consumers are choosing to rent a home before they buy.   Through the new agreement, RPM will connect RE/MAX agents with investors ready to sell and, in turn, RE/MAX agents will recommend clients to RPM who are ready to rent.  RE/MAX agents may also refer properties to RPM for management.

“Record numbers of foreclosures, high unemployment and stricter lending practices have resulted in lower homeownership rates,” said RE/MAX Chairman and Co-Founder Dave Liniger during opening remarks Monday at the annual RE/MAX Broker Owner Conference in Denver this week.  “RE/MAX agents need to provide the best solution for each of their clients and, for many, home ownership may still be a few years away.”

Distressed properties account for nearly half of today’s U.S. home sales,   and investors represent a fifth of current buyers.  That means trained real estate professionals need to redirect their marketing efforts to address the needs of a changing homebuyer demographic.

“This cooperative agreement has significant benefits for consumers, investors, loan servicers, renters, RE/MAX agents and our franchisees,” said Kirk McGary, President of Real Property Management.  “RE/MAX and RPM are joining forces to offer the highest quality of service to consumers, while providing an effective solution to the increasing number of distressed properties on the market.”

Based in Layton, Utah, RPM doubled in size in 2010 to more than 200 offices that manage tens of thousands of properties for national loan servicers numerous banks, private lenders and individual investors.

RE/MAX and its internationally acclaimed RE/MAX University will create customized training and communications programs to ensure that participating professionals are equipped to provide their clients with the highest quality service.

“The technical capability to simultaneously connect with thousands of franchisees within both organizations is a tremendous advantage,” said Mike Ryan, Senior Vice President of Media and Training at RE/MAX.  “Also, real-time updates will provide transparency and offer an invaluable resource to lenders and servicers.”

To facilitate the implementation of the new alliance and deliver the most efficient service, RPM has created an interactive online portal where agents and property managers can make their referrals and track the progress of all transactions.

About Real Property Management:
Real Property Management has a refreshing and unique approach to property management.  Our model includes web-based property management systems, cost effective practices, streamlined operational procedures and comprehensive marketing strategies that get results.

What started out in 1986 as a single property management office in Layton, Utah has become the national leader in the property management industry.  Currently with over 200 locations throughout the US and Canada, RPM continues its rapid growth and is opening new locations each week.  We currently manage over tens of thousands of properties in over 40 different states.

For information on Real Property Management, please visit:  www.realpropertymgt.com

RPM-RE/MAX is set to dominate the future of Real Estate. Contact us your local Southern California, Real Property Management, located in Beverly Hills, 468 N. Camden Dr. 2nd Floor, Beverly Hills, Ca. 90210 call mon-fri 9-5pm 310.858.5514 or www.rpmwestside.com

About The RE/MAX Network:
RE/MAX was founded in 1973 by Dave and Gail Liniger.  From a single office in Denver, Colorado, it has grown into a global network of nearly 100,000 Sales Associates in more than 75 countries, an international presence greater than any of its competitors.  Nobody in the world sells more real estate than RE/MAX.

RE/MAX has been recognized as the leading real estate franchise in the “2009 Franchise Times Top 200,” and has also been honored as the top real estate franchise for nine of the last 11 years in “The Franchise 500 Survey,” published by Entrepreneur magazine.   Today, all U.S. home listings in thousands of cities and towns can be found at www.remax.com, the most visited real estate franchise web site. (Compete.com, Hitwise, ComScore for 6-month period through April 2010)

RE/MAX is proud of its Premier Community Citizenship, which has raised over $100 million for deserving organizations like Susan G. Komen for the Cure®, Children’s Miracle Network and The Sentinels of Freedom Foundation.

RPM-RE/MAX is set to dominate the future of Real Estate. Contact us your local Southern California, Real Property Management, located in Beverly Hills, 468 N. Camden Dr. 2nd Floor, Beverly Hills, Ca. 90210 call mon-fri 9-5pm 310.858.5514 or www.rpmwestside.com

Jul 27
2010

Real Property Management on L.A. Radio!

Posted by in RPM WESTSIDE , Real Property Management , Los Angeles  , KFI 640 AM , Hollywood , Bill Handle , Beverly Hills



Real Property Management teamed up with KFI 640 am in Los Angeles & we started running a radio campaign last week 7/20! More than 10 Southern California Real Property Management offices are participating in this radio campaign covering from as far north as Santa Clarita all the way down to Orange County and everything in between including Los Angeles, Hollywood, Beverly Hills, Santa Monica and all of West LA thru our Beverly Hills office RPM Westside. Not only are we the Nations largest and #1 property mangement firm with over 200 offices, but we are also Southern California's largest property management firm with over 15 offices from San Diego to Santa Barbara! You can hear our ads starting in the mornings with Bill Handle from 6am-7pm weekly! Listen for the special promotion for KFI 640 am listeners only.

learn more about our services on our home page www.rpmwestside.com


Jul 27
2010

DWP OK's New Lawn Watering Rules...

Posted by in Real Property Management , Property Management , New Lawn Watering Rules , Los Angeles  , Laws , DWP

DWP board OKs new L.A. lawn-watering rules keyed to street addresses; City Council to review

July 22, 2010 | 
The five-member board that oversees the Los Angeles Department of Water and Power voted Thursday to approve a revised set of irrigation rules, allowing residents to water their lawns and gardens three days a week.

The panel, whose members are appointed by Mayor Antonio Villaraigosa, unanimously backed the plan and forwarded it to the City Council for review. Still, one DWP commissioner said he feared that the move from two days to three – and from 15 minutes a day to eight – would cause residents to use their sprinklers any day they choose.

“I anticipate a great confusion out among the members of the public,” Commissioner Jonathan Parfrey said.

Under the proposed rules:

  • Customers whose street addresses end with an odd number will be permitted to use their sprinkler systems on Mondays, Wednesdays and Fridays.
  • Customers with even numbered addressed will be allowed to water on Tuesdays, Thursdays and Sundays.
The plan would allow spray-head sprinklers, which do not conserve water, to be used for eight minutes a day, DWP officials said. Standard rotor sprinklers and those with multi-stream rotary heads will be limited to 30 minutes a day – but for just 15 minutes at a time, the utility said.

Watering will continue to be restricted to hours before 9 a.m. and after 4 p.m., regardless of the day.

The revised schedule is part of an effort to help the city conserve water without putting additional pressure on the DWP’s aging system of pipes. A panel of experts concluded that the previous two-day-a-week schedule helped cause a series of blowouts in cast iron water pipes.

-- David Zahniser at Los Angeles City Hall
Jul 27
2010

L.A.'s Chinatown Festivities Launch!

Posted by in Los Angeles  , LA Times , Festivities , Chinatown

L.A.'s Chinatown launches nighttime festivities

July 27, 2010 | 11:15 am

Chinatown3 In an effort to draw visitors to Chinatown after dark, the city of Los Angeles has teamed up with community groups and a local radio station to unveil a monthlong series of nighttime festivities starting Aug. 7.

The festivities are part of a $3-million effort by the city's Community Redevelopment Agency and Chinatown business owners to revitalize the neighborhood near downtown Los Angeles.

For the last 20 years or more, critics say Chinatown has become almost deserted after dark because of increased crime and the exodus of Chinese American families from the neighborhood, among other factors.

The first night of the series will feature dance and cooking demonstrations, calligraphy lessons, food sales and music by a KCRW-FM DJ.

The schedule of activities is available at the Chinatown Summer Nights website.

The festivities will continue every Saturday in August from 5 p.m. until 10 p.m.

-- Hugo Martin

Photo: Chinatown at night. Credit: Los Angeles Times

Jun 01
2010

Water $8% More in L.A. ?

Posted by edgar in Water Tax , Property Management , Los Angeles  , LA Water , DWP , blog , 8%



L.A. water rates could rise by 8% this year, DWP manager says

June 1, 2010 |  5:18 pm

Customers of the Los Angeles Department of Water and Power could see water rate hikes of up to 8% in the coming year, the utility’s top executive said Tuesday.

DWP Interim General Manager Austin Beutner said his budget plan for the nation’s largest municipal utility would likely result in increases for the typical residential water customer of 4% to 6%. Those who use greater amounts could see rate hikes of 7% to 8%, he said.

Beutner, who also serves as Mayor Antonio Villaraigosa’s first deputy mayor and jobs czar, will ask the DWP board to approve his proposed budget when members meet June 15. At least a portion of the proposed water rate increases will be presented to the five-member board in October, with a vote by the City Council scheduled for the following month, according to a budget report.

The proposal comes a few months after Villaraigosa and the council engaged in a bruising standoff over proposed increases in electric rates. At one point, the mayor’s appointees at the DWP threatened to withhold $73.5 million from the city’s budget unless the council approved their package of rates.

 

Beutner said that the DWP would be able to make a $257-million transfer requested by the council as part of this year’s general fund budget. He also said money from the upcoming water rate increase would help the DWP comply with water quality regulations and pay for repairs to its aging equipment and buildings, such as trunk lines and pumping stations.

While those rates are expected to go up, Beutner said the utility is trying to scale back a proposed series of electricity rate hikes originally planned for the 2010-11 fiscal year.

In February, DWP officials said they would need four consecutive electric rate hikes –--between 21% and 22% for business customers and 9% and 28% for residential customers, depending on where they live and how much power they consume. Beutner said his plan for electric rate hikes would be unveiled in two weeks.

The DWP has 1.4 million electricity customers and nearly 666,000 water customers.

Beutner’s proposed budget trims expenses by $263 million, with some of the savings coming from a reduction in construction contracts and energy efficiency programs, as well as a hiring freeze on nonessential employees.

“None of the cuts will impact the reliability, safety or the quality of the service,” Beutner said.

Beutner said he is also looking for ways of selling, leasing or developing some of its vast real estate holdings over the coming years.

-- David Zahniser at Los Angeles City Hall

*Note to property owners this could cut into your bottom line if you pay for water and trash services on your rentals & investment propertys.

May 09
2010

L.A. Doesnt want to pay for sidewalks

Posted by edgar in taxes , sidewalks , Los Angeles  , LA Sidewalks




L.A. May Push Sidewalk Repairs On Residents

LOS ANGELES (AP)

Los Angeles could soon end its policy of repairing sidewalks and driveways warped and mangled by tree roots, leaving the work and cost to homeowners.
 
The City Council this month will consider ending the ordinance passed in 1974 that made the city responsible for the damages. The policy was initiated because of a federal grant that is long spent, and the cash-poor city says it can't continue. "We have no ability to perform these repairs," Councilman Bernard C. Parks, chairman of the council's budget and finance committee, told the Los Angeles Times for a story published Sunday.
 
"The money ran out in the mid-1970s, yet the city has continued to hold itself responsible." The city has spent about $95 million to replace 550 miles of sidewalks since 2000. It also spends between $3 million and $5 million annually to settle lawsuits from those who are hurt on damaged sidewalks, and that liability could also fall partly to property owners. The real estate industry and many homeowners are planning to fight the move. "It is patently unfair for the (city) to push this forward," said Mel Wilson, housing advocate for the Southland Regional Association of Realtors. "This has not been given a full airing, and people are going to be upset." Before the ordinance passed, the city would cite homeowners whose sidewalks were twisted or crumbling, and if the repairs weren't promptly made would do the work themselves and bill the residents. The city used federal funds for the work from 1974 until 1978, when the grant ran out. In 2005 the city began a cost-share program where residents willing to foot half the bill could move to the front of the line for repairs, but funds for that program ran out last year. The proposal under consideration suggests that the city wait a year between noting damaged sidewalks and compelling homeowners to fix them to ease the burden, but the ordinance could still prove hard to sell to homeowners. Palms resident Ahnjel Ali said she shouldn't be responsible for the magnolia tree that has made her sidewalk buckle. "I didn't put the tree there," she said. "I shouldn't be footing that bill."

(© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Mar 01
2010

Disaster Ready?! Safety Tips & Kits

Posted by edgar in Safety Kits , Real Property Management Westside , Real Property Management , Property Management News , Los Angeles Property Management , Los Angeles  , How to Build , For Rent , For Lease , Earthquake , Disaster Safety , Condo Lease , Beverly Hills Property Management , Bevelry Hills Property Management Company , 2010


Los Angeles is known for glits & glamour, movie stars & million dollar homes. Los Angeles is also known for being disaster prone, we are no strangers to earthquakes, mudslides, tsunami warnings, floods, wild fires....should I keep going? Due to recent world events like the earthquake in Haiti and most recently Japan & Chile, we Californians must take it seriously that we too can fall victims to a major disaster. So here are a few tips from our friends at www.72hours.org  on how to prepare for that just in case emergency moment.

  

Build a Kit

After a major disaster the usual services we take for granted, such as running water, refrigeration, and telephones, may be unavailable. Experts recommend that you should be prepared to be self-sufficient for at least three days. Store your household disaster kit in an easily accessible location.  Put contents in a large, watertight container (e.g. a large plastic garbage can with a lid and wheels) that you can move easily. 

Your basic emergency kit should include:

  • Water – one gallon per person per day
  • Food – ready to eat or requiring minimal water
  • Manual can opener and other cooking supplies
  • Plates, utensils and other feeding supplies
  • First Aid kit & instructions
  • A copy of important documents & phone numbers
  • Warm clothes and rain gear for each family member.
  • Heavy work gloves
  • Disposable camera
  • Unscented liquid household bleach and an eyedropper for water purification
  • Personal hygiene items including toilet paper, feminine supplies, hand sanitizer and soap
  • Plastic sheeting, duct tape and utility knife for covering broken windows
  • Tools such as a crowbar, hammer & nails, staple gun, adjustable wrench and bungee cords.
  • Blanket or sleeping bag
  • Large heavy duty plastic bags and a plastic bucket for waste and sanitation
  • Any special-needs items for children, seniors or people with disabilities. Don’t forget water and supplies for your pets.

A component of your disaster kit is your Go-bag. Put the following items together in a backpack or another easy to carry container in case you must evacuate quickly.  Prepare one Go-bag for each family member and make sure each has an I.D. tag. You may not be at home when an emergency strikes so keep some additional supplies in your car and at work, considering what you would need for your immediate safety.

  • Flashlight
  • Radio – battery operated
  • Batteries
  • Whistle
  • Dust mask
  • Pocket knife
  • Emergency cash in small denominations and quarters for phone calls
  • Sturdy shoes, a change of clothes, and a warm hat
  • Local map
  • Some water and food
  • Permanent marker, paper and tape
  • Photos of family members and pets for re-identification purposes
  • List of emergency point-of -contact phone numbers
  • List of allergies to any drug (especially antibiotics) or food
  • Copy of health insurance and identification cards
  • Extra prescription eye glasses, hearing aid or other vital personal items
  • Prescription medications and first aid supplies
  • Toothbrush and toothpaste
  • Extra keys to your house and vehicle
  • Any special-needs items for children, seniors or people with disabilities. Don’t forget to make a Go-bag for your pets.

Real Property Management Westside
www.rpmwestside.com & www.rpmwestside.com/blog  www.twitter.com/rpmwestside & www.youtube.com/rpmwestside

Feb 22
2010

LAX Goes Double XL

Posted by edgar in Los Angeles Property Management , Los Angeles  , LAX , History , Beverly Hills Property Management , Airport , 2010



Groundbreaking today for Tom Bradley Int'l Terminal expansion

Daily News Wire Services
Updated: 02/22/2010 01:43:49 PM PST

 

 

City and airport officials broke ground today on the expansion of the Tom Bradley International Terminal at LAX -- one of the largest public works projects in the history of Los Angeles.

Dubbed the Bradley West Project, the effort is expected to cost $1.5 billion and create 4,000 construction-related jobs.

The project will include the construction of 15 boarding gates. Each gate will be capable of handling passengers arriving and departing on giant new airliners, such as the Airbus A380 and the Boeing 787 Dreamliner, according to airport officials. The plan also calls for demolishing the Bradley Terminal's old concourse area and building a pair of concourses with larger passenger lounges.

About 1.25 million square feet will be added for shops, restaurants, ticketing desks, security screening and baggage claim, officials said.

Additionally, the federal customs inspection area will be expanded, and a pair of corridors will be built to link Terminals 3, 4 and the Bradley terminal so passengers with connecting flights do not have to exit the terminals and go through security screening again.

The new boarding gates are slated for completion by 2012, but the rest of the upgrades are not expected to be finished until spring 2013.

"This is the gateway, the capitol of the Pacific Rim, the gateway to the East and the South, and here we should have a gateway that really welcomes people," Mayor Antonio Villaraigosa said.

Of the 4,000 construction-related jobs that will be created, nearly 40 percent will go to residents of the city of Los Angeles and areas surrounding LAX, according to LAX officials.

Villaraigosa said the project will help generate "billions of dollars of economic impact from international air travelers and a travel experience worthy of a world-class city."

The project will be funded with LAX operating revenues, capital improvement program funds, fees from airlines, passenger facilities charges and airport revenue bond proceeds. The city's general fund will not be used.

City Councilman Bill Rosendahl noted that the costs of the project could mean higher prices for some travelers.

"LAX will no longer be the cheapest takeoff and landing airport in America," Rosendahl said. "It will be modernized, those costs will be passed on and all of a sudden Ontario will look good."

When the Airport Commission in October approved the contract with Walsh Austin Joint Venture, Villaraigosa said that "by modernizing the Bradley Terminal at LAX, we will provide better services for passengers from around the world."

He added: "Tourism generates jobs, and improving the experience for travelers at LAX will put people to work now and for years to come."

Built in 1984, the Bradley Terminal is LAX's primary facility serving international travelers. Last year, more than 30 airlines at the Bradley Terminal served more than 8.6 million passengers -- about 57 percent of LAX's overall 15.1 million international passenger volume.

LAX is the sixth busiest airport in the world, with more than 565 daily flights to 81 destinations in the United States and more than 1,000 weekly nonstop flights to 65 international destinations, according to airport officials. It served a total of 56.5 million passengers in 2009.


Source: Daily News Los Angeles

Dec 30
2009

Jib Jab 2009 Year in Review

Posted by edgar in Year in Review , Real Property Management Westside , Real Property Management , Los Angeles Property Management , Los Angeles  , jibjab , happy new year , Comedy , Beverly Hills Property Management , 2010 , 2009

Every year JibJab.com puts out a year in review video and 2009 is no diffrent. Here is a look at the crazy, exciting, ever changing year that was 2009 via www.jibjab.com
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May 2010 be a great year for you and yours. Happy New Year!

-Real Property Management

Nov 17
2009

RPM on the cover of Investor Magazine Nov/Dec 09' Issue

Posted by edgar in Real Property Management Westside , Real Property Management , Property Management News , Personal Real Estate Investor Magazine , Los Angeles Property Management , Los Angeles  , How to choose a property manager , For Rent , For Lease , Beverly Hills Property Management , Bevelry Hills Property Management Company

Available now @ local news stands new issue of "Personal Real Estate Investor Magazine"
16 full pages all about Real Property Management.

 Investor Magazine Cover

If you want more info on "Investor Magazine" visit the website below
www.personalrealestateinvestormag.com


Looking for Property Managment in the West Los Angeles Area?
Call Us Today: 310.858.5514 or info@rpmwestside.com

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