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…
One of your biggest priorities as the owner or manager of a rental property should be maximizing its income potential. Real estate is often a substantial investment, and every rental owner will want the best return. As with any business, profitability is achieved when a property’s income (rent) exceeds its operating costs. That’s why determining…
As a rental property owner, few decisions are as important as hiring the right property manager to oversee your rental. A good property manager will manage everything from day-to-day maintenance to collecting rent, screening tenants, paying taxes, and everything else in between. Given the breadth of services, a property manager should provide, determining the best…
Carrying homeowners insurance on your primary residence typically covers the structure, the property’s contents, and liability. But having owner’s insurance on a rental property is slightly different. An owner’s insurance policy on a rental property also covers structural damage and provides liability coverage but does not typically insure the property’s contents. After all, when you…