The most important part about owning property is making sure it is managed properly and profitably. We have been doing so under the Christo Properties LLC for over 15 years now.
We assume a few basic things;
1) We are in the service business and its better to keep a good tenant than find a new one
2) The market drives the rates so don't be afraid to meet the rising market
3) Provide a reasonable service at a reasonable price to meet investor needs and meet the needs of the company.
4) Create great systems that are systemic in nature, that hold people accountable, and keep properties vibrant and at maximum market rate.