Acquiring a rental property might sound like a good way to generate passive income in the form of rent, but how much income you generate – and how passive it really is – can come down to one question: Who is going to manage the property? There are plenty of rental property owners who manage…
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…
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…
When you own your own home, you tend to have a good idea of when maintenance work needs to be done. You notice when things aren’t right, and you have at least a general idea of when maintenance was last done or the last time something was replaced. But when you own a rental property,…
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…
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?…
Property investment for those who are doing it for the first time can be a challenging endeavor. If you are considering investing in rental property in Santa Clara County or San Jose, you know about the high costs that are part of living in the Bay Area. There are many things you need to take…
Taking care of a rental property can be a full-time job. It takes a lot of time and effort to manage your own rentals and give them the attention they need. Between worrying about collecting rent money each month to making sure the property is taken care of properly, you may wonder if it’s all…