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Why Rental Properties Can Be an Excellent Investment
If you’re like most in the U.S. workforce, you have an employer-sponsored retirement account. You contribute a portion of your paycheck toward retirement, and your employer likely matches your contribution up to a certain point. And if you’re like most in the U.S. workforce, you’ve probably asked yourself: “Is it going to be enough?” The... Read More →
5 Ways a Property Manager Makes Your Life Easier
When you’re the owner of a rental property, it can seem as though you have a part-time job. Sure, you’re earning income, but you’re also spending time managing the place. Unless you hire someone else to manage the property, it’s not an entirely passive investment. Hiring a property manager means adding an expense, but is... Read More →
What to Look for In a Property Manager
If you’re the owner of a rental property or looking to become one, one of your first questions might be: “Who’s going to manage this property?” There are a couple of options, of course. You could manage the property on your own, signing tenants, collecting rent, and taking care of maintenance issues yourself. Or, you... Read More →
How to Determine Normal Wear and Tear Vs. Tenant Damage
If you’re a rental property owner, you expect your unit to be left in the same condition as when the tenant moved in. If you’re a tenant, you expect to receive your entire security deposit back if you’ve kept the place in good shape. Often, however, there are differences of opinion when it comes to... Read More →
How to Retain Good Tenants in Your Rental Property
If you’ve ever merely thought about becoming a real estate investor, it’s likely you’ve heard tenant horror stories. No owner of a rental property wants to learn what it’s like to have tenants from you-know-where. On the flip side, one of the best paths to a profitable rental is to keep it filled with good... Read More →
5 Property Maintenance Mistakes Landlords Often Make
Owning a rental property can be like a part-time job if you’re managing it yourself. There’s rent to collect, vacancies to fill, rental applicants to screen along with repairs and maintenance to be done. Rental real estate is not a totally passive investment if you’re the landlord. Sometimes, rental owners create more work for themselves... Read More →
Why Real Estate Investors Should Consider Buying Condos
Condominiums haven’t always been the most desirable property type for real estate investors. They are sometimes more difficult to finance compared to single-family homes, and they might come with association dues that can be burdensome and unpredictable. There are, however, plenty of reasons for investors to at least think about buying condos. The biggest reason... Read More →
Why Tenant Screening and Selection Are Critical to Rental Owners
The appeal of investing in residential real estate is the income and potential appreciation it provides. When you’re the owner of a rental property, you receive income when it’s rented out and tenants are paying on time each month. The profitability of your rental property depends on the attraction and retention of good tenants. It’s... Read More →
What to Do When a Tenant Sues You for Their Security Deposit
Ask any rental property owner it’s happened to, and they’ll tell you that it’s no fun to be sued. It’s stressful, time-consuming, and can be expensive when someone takes you to court. But tenants sometimes do file lawsuits against property owners or managers over disputes that arise. One dispute that has the potential for legal... Read More →
How a Property Manager Saves Owners Time and Money
If you own a rental property in the San Jose area, chances are that it’s a substantial investment. One of the last things owners of expensive rentals want to do is spend even more money. Hiring a property management company to oversee an investment might be viewed as another thing that just increases costs. While... Read More →