Nick in CarSo I passed my broker exam and I’m in the car driving by properties that I own and manage in Oakland. I’ve been working towards this moment for months but sometimes wonder why? Property management is a difficult business to be in. It never seems like the job is complete and its generally thankless. But I’ve decided to do it, offer management services, if for no other reason than to offer a reasonable alternative to the mediocre companies out there. Most owners are just down right unhappy with the results.
Myerhoff & Associates, Inc.
Commercial Real Estate and Property Management.

Are you unhappy with how your apartment building is being managed? Do you tell yourself “there must be a better way” to handle this tenant situation? Are you mad because your current property manager bills you for EVERYTHING and hasn’t even visited the property in months? TRY MYERHOFF & ASSOCIATES.
I manage other people’s buildings the same way I manage my own! Customized to fit your needs. And I select just 5 clients per year to work with. Give me a call to discuss 415-812-4450.

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Data speaks 10 times louder than opinions. I heard this award winning author economist speak in a new way about real estate investing. His completely numbers driven approach to investing went against everything I had learned. It piqued my curiosity and caused me to look more deeply into his proven strategy.
Reproduced with permission from Robert Campbell, author of Timing the Real Estate Market.

Housing Prices Are Still Rising – But at a Rate-of-Climb that Continues to Slow

U.S. home prices rose in April, but the rate of annual gains has continued to fall from previous months. This is shown by the chart to the right, which shows the year-over-year returns from three major home price providers – the National Association of Realtors (N.A.R.), Case-Shiller, and the Federal Housing Finance Administration (FHFA).
narWhile the annual numbers continue to worsen, the month-to-month valuations are still rising in all three home price indexes. This steady downtrend in market momentum suggests that this years’ high demand spring-to-summer selling season (that started in April) may turn out to be decidedly underwhelming, even though home prices should continue to rise in the summer months.
The Case-Shiller 20-City Index – which is represented by the darkest (and smoothest looking) line on the chart – rose 10.8% in April compared with 12 months earlier and continues to show the highest year-over-year gains of any of the home price indexes. With an annual gain of 12.4% in March 2014, the 20-City Index fell to its lowest year-over-year gain in 13 months. (more…)

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