Property Management Blog

Investment in property differs from other options in the current market. The initial capital cost is higher, it has more regulations policing its transactions, and it tends to have a longer lifespan compared to your traditional investment. However, it still bears some similarities to other investment and business vehicles. When consi...

Owning a property and converting it into a rental will require you to make a lot of decisions. One of these is whether to become a self-managing landlord or hire a property management company. There are pros and cons to each choice. This requires careful thought knowing that the decision will bring its own set of consequences.On your own,...

When people think of California, the first thing the mind goes to is its beaches. With the sprawling coastline and warm temperatures, beaches are an absolute must when it comes to great activities to do here.If you’re located in the Torrance area, then you’re extra lucky because this city is right by the ocean! In this ar...

If you’re looking for great food options, Torrance is the spot for you! Located in the South Bay area of Los Angeles, this city has a large variety of options.You can find traditional Japanese and Korean spots, fusion restaurants, Mediterranean specialties, and classic American food. Mexican, Indian, and vegetarian options are popul...

Being part of the Los Angeles Metropolitan Area means you have a grand total of 151 breweries to choose from. As you can imagine, knowing which ones are best can be tricky with so many options! However, it’s in Torrance, CA where you’ll find some of the top breweries. With only 1.5 miles of coastline, Torrance can of...

Are you a long-distance landlord? Do you have properties in many different states or neighborhoods?If so, this post is for you!Being a long-distance landlord presents unique challenges compared to landlords who live near their rental properties.If you own properties far away, you must learn how to manage them well to achieve your investme...

It’s tax season! And as a landlord, you have an obligation under federal law to report all your rental income when filing tax returns. The Internal Revenue Service defines a rental income as any payment received in exchange for occupation of a property. The rental income isn’t only limited to the monthly rental payments. ...

Have you ever dealt with water damage in your rental home? If you have, you know that it's expensive and a hassle! So, as a landlord, you want to try to avoid this issue.Even small water leaks can lead to water damage that ruin your walls, floors and furniture. Water leaks can also have a serious impact on your roof and plumbing ...

If you want to increase the attractiveness of your rental property, don’t forget about curb appeal!You may have the best furnishings and well-designed rooms, but if your curb appeal fails to draw attention and create a great first impression, you may not attract prospective tenants.Curb appeal doesn’t have to be expensive or t...

A great way to reduce heavy repair expenses is to incorporate regular inspections for your Torrance rental units. Spotting minor issues and taking prompt action will equate to lower repair fees. Conducting regular inspections will make you more trustworthy in the eyes of your tenants. The more habitable your Torrance rental home is, ...