ESQPMG Real Estate Investment Blog

artificial intelligence real estate

Artificial Intelligence (AI) Will Change Commercial Real Estate

Through the strategic deployment of AI, commercial real estate professionals are poised to embrace a paradigm where operational excellence, data-driven insights, and strategic agility converge, underscoring a trajectory of sustainable growth and enduring success within the dynamic tapestry of commercial real estate.  In the end AI will help us be more efficient and make more money for our clients – and we may look smarter in the process.

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commercial property investments silicon valley
1031

Diversify Your Investments with Commercial Real Estate

Collectively we need to prepare to live much longer than our parent’s generation as the average life expectancy in the United States keeps growing. This means the amount of money we need for retirement keeps getting greater.  Additionally, healthcare costs also continue to rise the older you get especially once you get into your sixties and beyond. 

These above facts are not presently being announced proudly by any government agency, nor are any private institutions warning the public.  Unfortunately, most Americans are either not aware or purposefully not preparing properly for their retirement years because they can’t afford it. The situation appears to be getting worse each passing year as we have an aging population and will soon be facing a major problem country wide when the peak of baby boomers is done working.

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Commercial Investing

California Inspection Requirements for Balconies and Raised Decks

On June 16, 2015, a fifth-story exterior balcony collapsed at a popular apartment building named Library Gardens near the University of California, Berkeley. At the time of the incident, a group of Irish exchange students were gathering on the balcony celebrating a 21st birthday party. Unfortunately, six students perished as a direct result of the collapsed balcony and seven others were severely injured (many of these people were cousins from one family). After an extensive investigation it was determined that the cause of the collapse was defective construction, and defective building materials. The construction method allowed moisture to enter the balcony joists inside the building cavity, causing dry rot and eventually failed structural members.

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Landlords

Gardeners Trimming 15′ Trees Expose Homeowners to Liability

There is an old saying in the trades that goes something like this, “there is a high price to the low bid.”  Unsuspecting homeowners and property managers who hire independent contractors who subsequently get injured on the property could potentially be liable for the injured person.  California Labor Code Section 2750.5.  Several factors determine the ultimate liability, but I imagine this fact situation will make several of you reading this think twice before you hire your next tree trimmer.

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For Tenants

The Law of Emotional Support Animals in Rental Properties

Many of our clients desire tenants that don’t have pets for the obvious perception that pets cause more wear and tear on rental properties, however this is certainly not always the case.  Several times every year we encounter prospective tenants with emotional support animals, or people who claim they have emotional support animals.  It is both a sensitive and important topic which requires some cursory analysis and something that we cover with our clients during our initial meetings.  Believe it or not an emotional support animal is NOT a pet according to the U.S. Department of Housing and Urban Development (HUD) guidelines and the Fair Housing Act (42 U.S.C.A. 3601 et. seq.). 

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Commercial property management

ESQPMG Offers Property Management Performance Guarantees

Esquire Property Management Group (ESQPMG) offers Performance Guarantees for our clients and owners.  We are unaware of any other Northern California property management firm that offers similar guarantees.  The five (5) performance guarantees that ESQPMG offers are; 1) Payment Guarantee, 2) Response Guarantee, 3) Fee Guarantee, 4) Transparency Guarantee, 5) Service Guarantee, 6) Satisfaction Guarantee – for a detailed breakdown of these guarantees go to https://esquirepropertymanagementgroup.com and check them out. 

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Los Gatos

Monte Sereno Real Estate – Luxury Country Community in Silicon Valley

The small city of Monte Sereno, California is nestled in the northern slope of the hills of the Santa Cruz Mountains, and is just ten miles away from San Jose and 50 miles away from San Francisco. It is shoe-horned between the desirable communities of Saratoga and Los Gatos, sharing public services and utility providers with Los Gatos.  Little traveled El Sereno open space preserve quietly overlooks and marshals the city limits.  Minutes from a convenient Silicon Valley commute, many top innovative minds, entrepreneurs, business professionals and executives call Monte Sereno their home.

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For Tenants

All About Los Gatos and the Rise of Investment Real Estate

The incorporated town of Los Gatos may not be known as widely as other areas in Santa Clara County, but it still has plenty to offer. It’s located just 60 miles from San Francisco, merely minutes away from San Jose, 20 minutes to Stanford University and is essentially a vital cog in the hustle and bustle of Silicon Valley. The beautiful landscape of Los Gatos is truly unique with a mix of flat topography and low-lying wooded hills with streams, creeks, a reservoir, and nature open space preserves scattered around the town.  Los Gatos is also 15 minutes to the Santa Cruz Beach Boardwalk (give yourself more driving time during the summer tourist season).

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