Do You Need a Real Estate Investment Manager in Los Angeles?

• What Do Real Estate Investment Managers Actually Do?
• The Power of Personal Service
• Experience Matters: We Have over 30 Years
• Looking Toward the Future

When you think of Los Angeles real estate, you might think of the family homes in Hollywood Hills or the beach houses of Santa Monica. But for real estate investors, there is a much larger world of high-end commercial real estate. From towering office buildings in Downtown LA to trendy retail shops in Beverly Hills, there are properties worth millions, and sometimes billions, of dollars.

If you own one or more of these commercial properties, you are well aware that managing these huge investments properties is more than a full-time job. This is where real estate investment managers in Los Angeles come in. Professional real estate investors, like RMC Realty Advisors, help the owners of these commercial properties improve the value of their investments by making smart choices about their buildings and their land.

What Do Real Estate Investment Managers Actually Do?

A real estate investment manager is often confused with a property manager, but they are completely different. While a property manager handles the daily tasks, like fixing a leaky roof or collecting rent, a real estate investment manager handles tasks related to increasing the value of the property itself, both in the short term and the long term.

Real estate investment managers are responsible for the following:

• Finding the Right Deals: Real estate investment managers look for hidden gems in the city that other people might miss. These are often the off market deals that the average person never knows about or the early leads for hot properties.
• Making a Plan: Real estate investment managers decide if a building needs a makeover (renovation) to attract better tenants who will pay more rent.
• Watching the Market: Real estate investment managers keep a close eye on the economy. If they anticipate property prices in a certain neighborhood are about to drop, they might suggest selling.
• Managing Risk: Real estate can be a roller coaster. Real estate investment managers use their expertise to ensure clients don’t lose money if the market gets bumpy.

The Power of Personal Service

In a city as vast as LA, there are many big investment firms. These companies often have hundreds of employees and manage thousands of commercial properties. While these firms may be powerful, they sometimes feel impersonal to their clients. To them, a client might be just another column on a spreadsheet.

This is why many successful investors prefer to trust their portfolio to a smaller boutique real estate investment firm. A boutique firm is not just smaller, they’re more specialized. Instead of trying to help only the biggest investors, real estate investment managers of a smaller firm focus on a very select group of high-end clients.

Trusting your real estate assets to a boutique firm, like RMC Realty Advisors, is like training with a personal fitness coach at a private gym instead of exercising at a massive gym with franchises in every city. With a smaller firm, you get:

• Direct Access: You don’t have to talk to multiple assistants and junior executives to get an answer. You speak directly to the experts making the decisions.
• Custom Strategies: Every investor has different goals. Some want to save money for their grandchildren, while others want to make a quick profit. RMC Realty Advisors create a plan that fits you and your goals. It’s not a one-size-fits-all.
• Speed and Agility: Large companies often have lots of rules and meetings that slow things down. At RMC Realty Advisors, we move quickly when a great opportunity presents itself in the fast-paced LA market.

Experience Matters: We Have over 30 Years

At RMC Realty Advisors, we know that in the world of real estate, there is no substitute for experience. Los Angeles is a unique place to do business. It has strict zoning laws, a complex tax system, and a market that changes constantly.

Our founder, Rick Marquis, has over 30 years of experience working in the LA commercial real estate market. Why does that matter? Because in three decades, you see everything. We have managed properties through economic booms where everyone was getting rich, and through down times where the market was less than stellar.

Because we have been around so long, we have built and work with a reliable network. We know lawyers, contractors, and brokers in the area. These relationships help our clients leverage better deals and avoid expensive mistakes.

Looking Toward the Future

As we move towards the future, the Los Angeles market will surely continue to change and grow again. With major sporting events like the World Cup and the Olympics coming to the city, there is a lot of excitement around new developments. High-end office spaces are becoming more environmentally aware. Many are being built or retrofitted with high-tech features. Industrial warehouses are in high demand because of online shopping.

For a savvy high net worth investor, these changes are full of opportunities. RMC Realty Advisors is the real estate advisor that can help guide you towards your best outcome. Our unique approach combined with over 30 years of local knowledge ensures that your portfolio is working for you. So, to answer the question: no, you don’t need a real estate investment manager in Los Angeles, but it sure helps.