Blog - Pristine Property Management

By Pristine Property Management - Thursday, May 14, 2020

Mystery May: Landlords Armed with April Data Still Unsure What May will Bring.

Close to 90% of expected rents were received despite all the pain that April Seemed to promise. Despite this, no one really knows what may bring; but realtors and investment founders don't expect it to be as good as April, but nonetheless remain hopeful.https://www.bisnow.com...

By Pristine Property Management - Friday, May 1, 2020

WORKFORCE HOUSING EXEC: 'I don't see Rental Rates dropping.'

Economic downturns have been known to adjust peak-level prices to a more moderate level. Given its reach, it may be expected that the coronavirus crisis will significantly correct Miami's long-rising prices. Experts and developers in Miami doubt that rents will drop because t...

By Pristine Property Management - Wednesday, April 22, 2020

DREIA Candid Landlord Talk

Join Us Tomorrow – Thursday at 4PM (EST) – FREEEddie Miller from Pristine Property Management and Jerron Kelley of Kelley & Grant, PA will be guests at the DREIA Zoom Meeting to help navigate and plan the next few months working with tenants to deal with COVID-19....

By Pristine Property Management - Wednesday, April 22, 2020

SBA DISASTER LOAN ASSISTANCE: How to get your Share (No, It's Not Too Late)

Congress has indicated that soon there will be a second wave of assistance for Small Business Owners. Small businesses being less than 500 employees, which accounts for 99 percent of the firms in our economy, creating more than two-thirds of the new jobs, according to the Sm...

By Pristine Property Management - Tuesday, April 21, 2020

Multifamily Property Managers have been reinventing their profession in face of an uncertain future.

This new way of operating has forced them to devise ways to work around pandemic-imposed barriers to ensure they continue taking care of residents who are at home for weeks thus far...https://www.bisnow.com/national/news/property-management/for-now-property-management-happens-at-...

By Pristine Property Management - Wednesday, April 15, 2020

CORONAVIRUS RELIEF BILL: WHAT'S IN IT FOR YOU AS A REAL ESTATE INVESTOR:

There are many changes that range from tax deadlines and stimulus checks to new tax credits and new depreciation rules. Additional changes include government loan programs, retirement account rules, as well as opportunities to turn tax losses into immediate cash in hand...https:/...

By Pristine Property Management - Wednesday, April 15, 2020

INVESTING SUCCESS IN GOOD & BAD TIMES: A RECESSION-PROOF INVESTING PLAN THAT NEVER FAILS

Without a doubt, the biggest profit killer is high turnover and vacancy. Most seasoned buy and hold investors/landlords would agree. One strategy used to pivot with the changes coming in the markets, is to pay particular attention to and care for your Section 8 Voucher holders. I...

By Pristine Property Management - Thursday, April 9, 2020

HOW TO REDUCE VACANCIES DURING AN ECONOMIC DOWNTURN

Landlords across the country are in uncharted waters. Unlike economic downturns of the past, the impact of the coronavirus is profound, and not only threatening lives, but also the means and way in which we do business...https://www.biggerpockets.com/blog/how-to-reduce-vacancy-ec...

By Pristine Property Management - Wednesday, April 8, 2020

THE SUNSHINE ECONOMY: SOUTH FLORIDA REAL ESTATE & THE CORONAVIRUS.

How covid19 will affect South Florida real estate is a big mystery. But it is certain thousands of people and businesses will have trouble paying their rent and mortgages because of lost jobs and lost business...https://www.wlrn.org/post/sunshine-economy-south-florida-real-estate...

By Pristine Property Management - Tuesday, April 7, 2020

CORONAVIRUS CHECKS: 5 THINGS THE IRS WANTS YOU TO KNOW.

Although there are several moving parts to the $2 trillion economic aid bill, and the reality is that not everything is clear, the IRS recently released the most up-to-date guidance yet. Here are 5 things about the check that you need to know:1. Are you eligible for an aid c...