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Short term/Flexible Rentals – Benefits and Challenges

With the incredible growth of Airbnb, and resident demand for alternative living situations, our clients have been finding new ways to manage and lease their apartment communities.  While short-term rentals, or “STR’s” have been around for many years, RealtyCom has recently been working with some of our Developer-clients to find ways to provide secure and ubiquitous broadband solutions for non-traditional rentals that allow both flexibility and ease of use.

Some of our clients already operate highly successful programs aimed at corporate and student populations, but transient housing for hospitality and workforce housing are largely new concepts.

Having limited knowledge on this subject personally, but lots of interest, I asked Dennis Cogbill from the new Flexible Rentals Investment Conference (“FLEX”) for his thoughts and how the landscape for traditional leasing is changing.

Cogbill points out that implementing STR’s in existing communities can present some challenges.  Lender covenants or municipality restrictions could apply (lenders traditionally have a cap of 5% of the units to be allocated to corporate/alternative housing and each municipality has different rules and re-permitting can be costly). There is also the question of what strategy an Owner-Operator should adopt. Should you build it yourself? Use […]

By |2020-01-29T08:11:30-07:00January 10th, 2020|

Meet our new Client Account Manager

Please join us in welcoming Jo Valderas. Jo recently joined RealtyCom Partners as Client Account Manager and brings over 10 years of experience in residential real estate sales, multi-family leasing and property management, as well as operational and client retention. Jo holds a degree in Business Administration from the University of Santo Tomas in Manila, Philippines and is a California Certified Resident Manager (“CCRM”) and is a licensed salesperson with the California Bureau of Real Estate. Jo loves to travel and explore the world. Jo can be reached at jvalderas@realtycompartners.com.

By |2020-01-29T08:12:16-07:00January 6th, 2020|

Then & Now

In just this past year, RealtyCom hosted our first all-staff meeting bringing our team from across 6 different states together in one place. We had extensive training to build upon our Executive Team’s skillset, created a Strategic Business Opportunity committee, worked with NMHC to refute potential FCC changes that impact our clients, created new partnerships with vendors who complement our services, and are embarking on even more plans to keep our business thriving into the future.

We’ve been busy!

As I reflect on all the ways we’ve continued to evolve over the years, most notably we’ve grown from a team of 6 to now 29 people.  We all have such diverse telecom and real estate backgrounds, and it’s evident we share the same goals in providing impeccable service for our clients no matter what department we’re in.

Combined, our team has a whopping 382 years of industry experience (an average of 13 years each).  To celebrate that experience and our growth I thought it would be fun to look back on how things have changed:

We truly appreciate our clients, partners and vendors who have been with us since the very beginning, as well as our new […]

By |2020-01-29T08:14:06-07:00December 16th, 2019|
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