At North San Diego Property Management, we manage multifamily and commercial properties in the North County area, including Oceanside, Carlsbad, Vista, San Marcos, and Solano Beach. We are property investors too, so we understand that merely managing the operations of the property is only part of what owners need. We consider asset management, risk management, market knowledge and systems for scaling to be far more critical in our owners long term success. Today, we review what we think our roles as property managers should be and what we felt the market was lacking when we started NSDPM.
Higher Standards Started North San Diego Property Management
NSDPM was founded by partners of the development and brokerage company RAD Ventures, LLC who were looking for a better way to manage its own assets. Certainly there were competent managers, but as a whole they felt the market lacked managers with discipline and focus to consistently improve value. An investor should always be considering whether the people and systems are complacent. The property management companies they initially hired did not meet this standard.
Consistent Processes and Proven Systems
NSDPM offers its clients systems and procedures that are consistent, effective, and designed to maximize return on investment. And then we re-evaluate these systems again so that the value we bring to the client is always best in class. We prefer to use a management software called Appfolio because we believe it offers scalability. We’ve built and refined our systems for marketing, leasing, tenant retention, contractor pricing and reporting. And by the way, we will refining next week and the week after…as we collect feedback and criticism.
When asked what differentiates us, we often reference our people. We’ve structured a team that doesn’t rely on “industry standard”. We’ve hired project managers, marketing specialists, copywriters, agents who very often have skills not limited to real estate. Our executive director, Kyle Scritchfield with a background in project management, has designed a number of systems that would sooner be found in a tech company than a real estate office. “Property management has evolved tremendously. We can customize and tailor to owners much more efficiently now. With the resources available, a client can open up their reports in real time, see photos and videos of their property, and track the path of their tenants from screening to move-in. The days of opening your quarterly report and crossing your fingers are gone. Everything is transparent now. Our business cards are transparent.”
If you would like to learn more about how we can be your real estate investment solution, please contact us at North San Diego Property Management today. We’ll be happy to help.