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It’s estimated that about 85 million United States households own some type of pet, about two-thirds of all households. It’s also estimated that about one-third of all U.S. households are renters. Logic follows, then, that these two categories likely significantly intersect. Plenty of renters are also pet owners. The cross-section of pet owners and renters…
Believe it or not, one of the most common legal disputes between rental unit owners and tenants occurs over security deposits. There are attorneys who specialize in such cases, and there are even non-profit organizations that champion tenants’ causes over security deposits. If you’re a rental unit owner, the easiest way to stay out of…
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…
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…
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…
There were probably plenty of people eager to flip the calendar to 2021 after everything that 2020 brought with it, including a global pandemic. COVID-19 shaped industry trends and consumer behavior in 2020, and local real estate markets were no exception. In San Jose and Santa Clara County, residential real estate sales prices continued to…
Owning rental properties can be a great way of earning consistent recurring income outside of a typical job. However rental income not always entirely passive income. Owning a rental property involves management tasks, such as advertising for and screening tenants, collecting rent, and doing maintenance and repairs. Most owners of investment property are not up…
When an individual real estate investor starts out, managing a rental unit that they live near may not be that difficult. There’s work involved, and it may be like a part-time job. However when a property owner manages several rental units or more, it can quickly become more and more like a full-time job. Even…
If you’re a homeowner who’s moving from the area either temporarily or indefinitely, you have a decision to make regarding your home: Do you sell it and find a new place when or if you move back, or do you hang onto it so that you know you’ll have somewhere to live upon returning? Maybe…
Some of the biggest fortunes in the world were built on real estate, so buying an investment property to include in your estate holdings can be a wise investment. Owning income producing real estate over the long term has proven to be a sound investment for many. But like any investment you’d make, it’s a…