Property Management Blog

As a landlord, you should always collect a security deposit from a tenant when they are first moving in. Security deposits are refundable at the end of a rental or lease term. However, you can also withhold a tenant’s security deposit to cover for things like unpaid rent or repair costs for tenant-caused property damages.That said, ...

The real estate industry has its own jargon that's used to communicate conditions, performance, and other critical elements about properties. As a real estate investor, you should familiarize yourself with some of the terms you're likely to come often across on your investment journey. This will help you be more confiden...

Great tenants gravitate toward great landlords. This is one of the factors that contributes to a successful rental investment. It therefore pays to know how to be an excellent landlord and grow your rental business.Good landlords are generally mindful of the needs of their tenants. If you recently purchased new real estate and are thinkin...

Since 2020, California now, for the first time, has a statewide rent control law. Rent increments have now been capped at a maximum of 5% per year. The Tenant Protection Act of 2019, also known as Assembly Bill 1482, is meant to ensure that landlords don’t raise rent exorbitantly. This Act was passed because of rising poverty r...

To attract tenants to your Torrance rental property, you need a solid marketing strategy. But if you’ve been doing all you can and still find it hard to land tenants, or you suffer from a high turnover rate, then you can consider rent concessions. Defining Rent ConcessionsRent concession refers to landlords making a compromise to t...

The 1031 tax-deferred exchange gets its name from Section 1031 of the Internal Revenue Code. It makes it possible for real estate investors to avoid paying capital gains temporarily. Generally, the sale of property attracts capital gains tax, amounting to as much as 30 percent! So, if you sell a property valued at $300,000, the capit...

California has one of the largest populations in the United States, and as a result, it is obvious that California residents will have high standards about housing. A successful rental property in California needs to stand out to potential clients and provide high-quality services. This requires an intentional effort that will guarantee r...

Are you thinking of renting out your California house? If you are, then it may be a great idea. The state has arguably one of the largest renter populations in the country, and that’s a testimony to the huge rental demand that exists there. Before renting out your house, however, there is a myriad of things that ...

To have long-term tenants, it is important to know how to keep your tenants content. Happy and content tenants are easier to manage. We are not just talking about offering quality amenities and services. While it might be key, it is not the only concern for a tenant, especially one who will occupy the space for a long period of time. &nbs...

Real estate has time and time again proven to be an outstanding investment. Whether you already invested in real estate or would like to in the future, we compiled some of the tremendous benefits to investing in real estate. So without further delay, here are the top 5 reasons why we think real estate should be part of your overall invest...