News
4 Simple Risk Management Tips
Published on: Thursday, July 30th, 2015
Owning residential real estate can be a fantastic investment. But like any investment there are risks and knowing how to hedge against these risks is crucial to ensuring your real estate investment remains profitable and healthy. Here are four tips to live by when managing your asset: Water Risk: When was the last time you changed out the water supply lines for your toilet, kitchen faucet or washing machine? Have you checked to ensure the shut off valves for your plumbing fixtures work or how about the main shut off valve? Avoid thousands of dollars of damage and the risk … More
The dreaded real estate commission audit
Published on: Thursday, July 16th, 2015
“We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.” ― Abraham Lincoln Most states have an auditing requirement for the real estate industry, which anecdotally is not something people look forward to, but change your perspective just a little bit and it’s a good thing. A very good thing. We just had our audit the other day (It went splendidly), and here in Nebraska a management company our size can expect to have an auditor camped out at least a couple of days. And let’s face it, besides being a little inconvenient it is … More
Tweaking a logo, tweaking a company
Published on: Wednesday, June 24th, 2015
Today we’ve made another step in an overall change of direction of the company (notice the new logo?). Of course we will continue offer the quality residential management services, but we are moving into new territory. For years now, since our birth in 2006, we have foregone making any money by offering sales services. The rationale was very good and it’s not something we regret at all, but it is time for us to move forward. When we were starting out in the industry we would run into management companies that seemed to be more focused on providing their company with … More
What’s the big deal with living small?
Published on: Thursday, June 4th, 2015
A friend of mine in Denver, CO is breaking into new territory (news video) by creating a micro community in the residential rental market. And it’s a big deal, especially considering how small these things are. By now probably everyone has heard about micro housing, living small, wee-houses and the like. It’s a phenomena of mostly younger generations opting out of big living quarters in favor of small, some might even say dinky, places to live. Some of the speculation is that it’s a natural consequence of higher youth unemployment coupled with that same group having higher student loan debt. Or … More
What is going on in Midtown
Published on: Friday, May 29th, 2015
If you frequent the city East of 72nd St you might be aware of gentrification going on between Downtown and 72nd St both North and South of Dodge St. Some of this can be contributed to large development projects like Midtown Crossing and Aksarben Village. Other contributing factors might be the expansion of UNMC. However, there is also a macro trend nationwide for people to move from the Suburbs back to the Urban Areas. Come down to Midtown and see what is happening!!!!!!!!!
Whether to hire a property manager
Published on: Thursday, May 28th, 2015
So here is what it boils down to; Did you buy the property to invest your money or to buy a job? The fact of the matter is that if you are buying a property you MUST include a management fee as part of the operational cost during your decision making process. You will either pay it to a management company or pay it to yourself. Either way including that fee best ensures you are making a decision based on the reality of the business and are compensated according to the effort you are willing to put into it. So … More
Welcome to Legacy Flats
Published on: Monday, May 4th, 2015
UPDATE: We’ve recently launched a new website for Legacy Flats (www.legacyflats.com); Click For Rent above to search for the unit you’ll call home. In our endeavor to bring the best selection of homes available to the rental market we are excited to introduce the newest addition. Legacy Flats is a project that is still under development in he Shops of Legacy and are located just above Blatt Beer & Table. The luxury apartments are exactly that…LUXURIOUS, and they are located in a fantastic location; walking distance to all of the Shops of Legacy which makes for a great standard of … More
Omaha’s Rental Market Update
Published on: Wednesday, April 15th, 2015
At the moment we are enjoying a vacancy rate of 6.55% which is substantially lower than the market. To some degree this low number is because we’d recently taken some less desirable properties out of inventory which has allowed us to focus on other endeavors. Part of it can be attributed to some recent changes in our software that have made the process much easier for the prospective tenant to have us work around their schedule. Trends we’ve seen in Omaha’s midtown market have shifted substantially over the course of that past few years, but in particular this year. The … More
Certified Property Management is Committed to Keeping Kids Safe
Published on: Tuesday, March 24th, 2015
CPM and our principals have been awarded the Healthy Homes Award granted by the Omaha Healthy Kids Alliance in 2013 and 2014. We are proud supporters, and active participants in preventing lead poisoning in children. Our passion for the Omaha Healthy Kids Alliance is due to our shared commitment to making sure housing in Omaha is safe. If you would like to know more about the unbelievable work that our neighbors and friends at the Omaha Healthy Kids Alliance do please visit their website http://www.omahahealthykids.org/ If you feel as passionately as we do about their mission don’t forget to support … More
