Napa Valley Marketplace Magazine May 2022 Issue

Page 14

ON THE COVER

Zeller Building

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Owning rental property, whether it’s a single-family home or a large commercial property, can be a great long-term investment. Real estate provides an owner with immediate income and asset appreciation that has consistently increased over time; especially here in the Wine Country. But, it can also be a real headache. Aspects of owning investment property can sometimes be problematic for an owner who isn’t a full time property manager. “A lot of people may not understand how much time goes into maintaining an investment property or how essential it is to keep up to date on the latest Landlord-Tenant laws.” says Jessica Buurma, who,

Jessica and Damian

with business partner Damian Bennett owns the newly opened First & Main Property Management in Napa. The two share a wealth of knowledge and have years of experience in managing residential and commercial properties. Buurma and Bennett take the fiduciary responsibility that comes with their role in property management seriously. “We’re here to protect an investment, grow it, and make sure that the owner & tenant are both treated fairly,” said Bennett. “A property manager does more than just find a qualified tenant and sign a lease. They keep the owner informed of local market trends and vacancy rates, both of which will impact a property’s

overall performance,” she added. Besides Landlord/Tenant matters, it is also First & Main Property Management’s responsibility to oversee the physical asset. “We continually evaluate the properties we manage, evaluating maintenance issues and looking for opportunities to upgrade properties in order to maximize the owner’s investment,” said Bennett. For example, they recently helped one of their new owners completely remodel a small apartment property, and are now re-leasing the property for them. “The transformation was amazing, and the returns will no doubt reflect their capital investment.” said Buurma. Buurma grew up in Napa, and

707-207-8100 • 1030 SEMINARY STREET, SUITE B • NAPA • FIRSTANDMAINPM.COM


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