The Importance of Tenant Screening: How to Find Quality Tenants
The rental market in Santa Clara County is attractive to real estate investors despite the relatively high acquisition cost of properties. The median rent in the county is about 40 percent higher than the national median rate, so the potential for solid monthly income is certainly there. But no matter how much rental income a... Read More →
The Benefits of Professional Property Management Services
Experienced and beginner real estate investors know that one main factor of profitability is investing in areas where people want to live. “Invest into demand,” the saying goes, and Santa Clara County certainly continues to be a real estate market in high demand. It’s a high-density area with many high-paying jobs, which is typically the... Read More →
How Should Landlords Set and Adjust Rent Prices?
One of your biggest priorities as the owner or manager of a rental property should be maximizing its income potential. Real estate is often a substantial investment, and every rental owner will want the best return. As with any business, profitability is achieved when a property’s income (rent) exceeds its operating costs. That’s why determining... Read More →
Hiring a Property Manager? Important Things to Consider Before Hiring Them
As a rental property owner, few decisions are as important as hiring the right property manager to oversee your rental. A good property manager will manage everything from day-to-day maintenance to collecting rent, screening tenants, paying taxes, and everything else in between. Given the breadth of services, a property manager should provide, determining the best... Read More →
Can You Require Renters to Carry Rental Insurance?
Carrying homeowners insurance on your primary residence typically covers the structure, the property’s contents, and liability. But having owner’s insurance on a rental property is slightly different. An owner’s insurance policy on a rental property also covers structural damage and provides liability coverage but does not typically insure the property’s contents. After all, when you... Read More →
How to Keep Good Tenants in Your Rental
Rental properties can certainly be lucrative for real estate investors when they are properly managed. They provide consistent income while typically increasing in value. Housing is a commodity constantly in demand since people will always need a place to live. One of the surest ways to maintain a solid return on your investment is to... Read More →
Understanding Fair Housing Laws – What Landlords Need to Know
When the U.S. Congress passed the Fair Housing Act in 1968, it protected individuals and families from discriminatory or deceptive practices by those renting or selling residential properties. An amendment in 1988 further defined protected classes covered by the law, including race, religion, sex, disability, and family status. While the legislation is well-intended, it can... Read More →
How to Increase Your Rental Property’s ROI
As a rental property owner in San Jose or elsewhere in Santa Clara County, you likely have one primary goal in mind: to maximize your return on investment (ROI). After all, you’ve invested a significant amount of money into your property, and you want to ensure you’re seeing a positive return on that investment. Fortunately,... Read More →
Rental Property Trends in San Jose and Santa Clara County
Rising mortgage interest rates throughout 2022, combined with some economic uncertainty, helped finally cool the blazing-hot residential housing markets nationwide. Even in a seller’s market such as San Jose, home sales prices flattened at least a bit. What didn’t cool off were the rental markets in most areas of San Jose and Santa Clara County.... Read More →
What Fees Do Property Managers Charge?
Owning rental properties is a way to generate recurring, consistent income in the form of rent. And, in most areas, the market value of real estate consistently rises. However, as solid an investment as rental real estate is, it is not a passive investment. From single-family homes to apartment buildings with hundreds of units, every... Read More →
