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…
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,…
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….
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…
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…
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…
Plenty of individual real estate investors start their careers in rental property ownership because they see it as a great way to earn passive income. Many soon learn, however, that owning rental property isn’t exactly passive. It takes some time and effort to manage rental properties. Even a single property carries with it enough duties…
If you’re a homeowner who’s facing a move in the near future, you have a decision to make regarding your current home. If you’re not going to live in it, your first inclination may be to sell. But not all circumstances are the same. If you haven’t lived there long enough to build equity, or…
If you own residential rental real estate and have decided it’s time to hire a property management company, you’ve taken a major first step. You know that having someone else manage your property will make your life easier. Now it’s time to hire the right one. As in any business, not all property management companies…