What to Do When Your Tenant Can’t Pay Rent
If you’re an owner or manager of a rental property, the usual steps to take when a tenant stops payment rent are pretty straightforward. But since the COVID-19 pandemic struck, there haven’t been many things you could describe as “usual.” Tenants failing to pay rent can happen at any time. During stay-at-home orders, when people... Read More →
Local Eviction Law Changes during the COVID-19 Crisis
COVID-19, the illness caused by the novel Coronavirus, has disrupted the global economy on a huge scale. In the United States alone, there were more than 3 million new unemployment claims filed in the first week of social-distancing measures enacted by some states. Millions of Americans have been laid off or had their hours or... Read More →
How Much of a Security Deposit Can You Keep?
If you’re a property owner who leases to others, you will typically charge new tenants an upfront security deposit. Security deposits protect landlords against loss, most often in the form of unpaid rent and damage to the property. If you’re a rental owner in Santa Clara County, where rents are high and the property is... Read More →
Property Management Services: Which Ones Do Owners Really Need?
There are plenty of would-be real estate investors who don’t get into the income-property game simply because they’ve heard about all the landlord nightmares. They don’t want to deal with late rent, or midnight phone calls about clogged toilets, or problem tenants. One way to alleviate those landlord headaches is to hire a property management... Read More →
5 Ways to Avoid Problem Tenants
One of the most traditional ways to earn passive income is to invest in a rental property. Investment property provides consistent, recurring cash flow and over time usually increases in value. Those qualities make a rental property an attractive investment. If rental property is such a great investment, why doesn’t everyone own rental properties? It’s... Read More →
Tips on Renovating Rental Property for Higher Profit
Do you own rental property in Santa Clara Valley? If you do, you understand some of the challenges that property owners – everywhere – face when it comes to maintaining your rental property and increasing your income. While rents in Santa Clara County are among the highest in the country, your property still needs to... Read More →
How a Property Management Company Saves Owners Time and Money
Residential rental property owners quickly learn that owning and managing a rental property on their own can turn into a full-time job. One of reasons some property owners don’t use a property manager is the cost. While property management comes with a cost, most rental owners find that the benefits of a good property manager... Read More →
2019 Residential Rental Trends in San Jose and Santa Clara
San Jose and Santa Clara are popular locations not only for home buyers but for renters as well. As you may know, it is less expensive to rent in this area of California than it is to buy. A look at the local trends for residential rentals shows there were several factors that pushed rates... Read More →
5 Reasons Why You Need a Property Manager for Your Rentals
Being a rental property owner can become a full-time job – especially if you’re managing it on your own. If you own a rental in Santa Clara County where the housing market is doing exceptionally well, you should enlist the help of a local South Bay property management company who can insure that your rental... Read More →
When Does a Guest Actually Become a Tenant?
Rental property owners, at one time or another, usually face the problem of a tenant who has a guest that actually seems more like a tenant. As a landlord, this is one of the most challenging and difficult issues to deal with if you rent out property. Is the person a guest, or a tenant?... Read More →