On graffiti
Because we’re ~permanent owners and managers of apartment buildings, am always thinking about sustainability. I don’t mean environmental sustainability (though, of course, that’s important). I’m talking about economic sustainability: Whether the business arrangements in which I find myself can persist indefinitely. Which is why graffiti drives me so crazy: One ding-dong who puts zero value on his time can, with an $8 can of spray paint, cost me hundreds of dollars in cleaning and/or re-painting each time he decides to tag my building. That’s not a sustainable arrangement, particularly on a smaller building, where a few of those incidents per month will have a measurably negative effect on cashflow over time. But what can we, as owners, do? The answer is almost always to plant relatively fast-growing plants in front of any flat surfaces accessible from the street. Instead of this: You want this: ___ Are you now or do you intend to be the long-term owner of a property in Los Angeles for which you need property management services? My company, Adaptive Realty, manages ~140 buildings for ourselves and a relatively small group of 3rd party owners. Because my team and I have gut renovated and leased up >100 properties since ‘08, we are particularly adept at handling the lease-up and management of new and newly renovated properties. If you would like to discuss whether Adaptive would be right for your property, please reply to this email and we’ll set up a convenient time to discuss. Kind regards, Moses |
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