by Scott Bloom, Owner and Senior Property Manager, Columbia Property Management | Jan 18, 2023 | Owner Education
There are a few key, effective strategies you can use to budget for maintenance and repair costs in 2023. By planning ahead, you can keep your costs low as you seek to optimize your property’s rental promise. 1. Plan ahead: Try to anticipate and budget expenses for...
by Scott Bloom, Owner and Senior Property Manager, Columbia Property Management | Oct 24, 2022 | Owner Education
I recently attended the National Association of Residential Property Managers (NARPM ®) annual convention in Las Vegas, Nevada. One of the highlights of this year’s convention was the long-awaited release of a newly updated financial benchmarking report. In a...
by Scott Bloom, Owner and Senior Property Manager, Columbia Property Management | Apr 1, 2022 | Owner Education
Did you know that using your own contractor to make repairs, upgrades or otherwise improve your rental can seem cost-effective in the short term, but in the long term it can introduce unnecessary risk and expenses? Why should you be concerned about this matter?...
by Scott Bloom, Owner and Senior Property Manager, Columbia Property Management | Mar 31, 2022 | Owner Education
Those you may know as “Section 8” renters can be great tenant(s) for your property. I often share the pros and cons of renting to “Voucher Holders” with prospective clients. There’s great opportunity to be enjoyed by renting to these residents. In...
by Scott Bloom, Owner and Senior Property Manager, Columbia Property Management | Mar 28, 2022 | Owner Education
Columbia Property Management reaches an important milestone this month, ten years in business. This is no small feat when a majority of new small businesses in the U.S. fail. Survival rates improve for a given business as it ages. ~66.67% of businesses with...
by Scott Bloom, Owner and Senior Property Manager, Columbia Property Management | Feb 23, 2022 | Owner Education
Speaking Property Owner to Property Owner Often, when speaking with prospective clients I ask if they have worked with a property manager before. This conversation took place just recently and the property owner replied, “Oh, Scott, you understand the rental...
