Systems Outlook
Rent Control: Another Demonstration of Government Overregulation
You’ve heard the old saying: “the definition of insanity is repeating the same mistakes and expecting different results.” Unfortunately, looking around at our elected officials and local regulators as they actively promote rent control, a known failed policy, is...
Rent Control: Another Property Rights Violation
The protections against arbitrary and capricious government regulations are enshrined in our Constitution – most notable, the 5th and 14th Amendments, which say that private property shall not be taken for public use without the payment of just compensation and that...
10 Mistakes Property Owners & Managers Might Be Making
Turning a Blind-Eye to Tenant Safety Ensuring that a property’s fire life safety systems are up-to-date and in proper working order is one of the most fundamental aspects of property management. Failing to maintain these systems can be a costly mistake, ultimately...
Operations Efficiency
Operations is a big word in property management – not only does it encompass the multitude of responsibilities at each property, it’s also one of the single most important measures of performance and efficiency as a company. When a property management team cultivates...
Why We Manage Real Estate
Why did the Maniscalchi’s create Systems Real Estate Management, Inc.? We get that question a lot. It seems puzzling that two Los Angeles brokers with successful commercial and industrial real estate careers would choose to start a property management company decades...
To Permit or Not To Permit
When it comes to property upgrades and renovations, one of the foremost important questions are whether or not the project will need permits; and if so, whether the permit process makes financial sense. The issue many property owners are facing nowadays is not so much...
The Anatomy of Commercial Real Estate Decisions
Real estate is often times an unspoken obstacle of business ownership. Selecting a space that is “just right” for your company is no small feat. Furthermore, as your company evolves, so do your property requirements – whether you’re facing internal challenges like...
Property Management: A Building’s Top 10 Issues
There are a lot of factors that contribute to the success of an income property, but some things can become a detriment to a building’s performance if not properly cared for. These are Systems’ Top 10 Issues for income properties: 1. Poor Foundation Being in the state...