By Chris Murphy
Real estate remains one of the best ways to invest in your family and the future. At Pacific Rim Management, Inc., we want to make sure that owning a piece of the “American Dream” does not turn into a nightmare for you, your family, and your tenant.
Property management is a subject that gets little attention, yet owners and investors alike, are continually searching for cost effective ways to manage and maintain their properties in hopes of generating higher rates of return and enhancing the overall value of their property. Using an experienced property manager may improve your chances of generating better returns, whether it’s a single residential property, a condominium homeowners association, or a commercial building. At Pacific Rim Management, Inc. we are dedicated to helping property owners establish and accomplish these goals.
We applaud Guam Super Shoppers in its efforts to provide Guam residents with an educational format focused on property management, maintenance, and improvement. Whether you’re an individual property owner looking to enhance the value of your personal residence, or an investor looking for ways to find the right tenant, increase your cashflow, and reduce your operating expenses, understanding the principles of sound property management and putting those principles to work will help you accomplish your goals.
Supplementing Super Shopper’s pictorial guide to rental properties with useful information and tips for prospective landlords and tenants will result in a smoother and hassle free experience for both the landlord and the tenant, not only in locating and finding the right place, but in keeping a good relationship throughout the term of the lease.
During the upcoming issues, we will focus on a variety of topics including the benefits of hiring a property manager versus self management; the complex relationship between landlords and tenants, including their respective responsibilities, rights, and other concerns; issues involved with renting to members of the military; government housing programs to assist renters; as well as, home improvement, maintenance, and repair tips and concerns for every property owner.
Property management is not glamorous by any means, but timely, competent, and responsive management, whether its self-management or a third party property manager, is necessary to ensure that both landlords and tenants get the most out of their housing experience.
Pacific Rim Management, Inc. is a full service Property Management company. We are licensed Real Estate professionals with over 40 years of combined experience in Real Estate, Asset Management, and Banking. Pacific Rim Management, Inc. has several designations including
- HubZone Certification;
- Service Disabled Veteran Owned Small Business;
- Minority Owned Business; and
- Woman Owned Small Business.
