Landlords who have long-term tenants should look for creative ways to earn more. Increasing the rent should only be used as a last resort amidst rising property management costs. A little bit of rent adjustment would be understandable when the inflation is high. But ask yourself, how much can you pass over to your renters? […]
Is squatting illegal in California? Did you know that a squatter can legally own your California home? Through a procedure known as adverse possession, a squatter may be able to become the owner of the property they are squatting on. Under California squatters’ rights, before a squatter can make an adverse possession claim, they must […]
The rental property business is subject to the ebbs and flows of the economy and present competition. Some years, the demand for rental space around your neighborhood may be particularly high. At other times, it may be far lower. As a landlord, you need to be alert and proactive when this happens. Offering a deal […]
If you’re just starting out as a landlord, you’ll need to educate yourself on the laws that guide you when you own a rental property. These include your state’s landlord-tenant laws and the Fair Housing Act. The more legal knowledge you have, the more successful you’ll find yourself when it comes to owning a rental […]
The coronavirus era has upturned societies, causing illness and death to people all over the country and world. Due to the highly contagious nature of SARS-CoV-2, the virus that causes COVID-19, it is crucial that landlords and tenants perform frequent cleanings and disinfection of their rental properties. Health officials know the novel coronavirus spreads primarily […]
Once you’ve decided to rent out your property, you’ll need to start looking for tenants and managing your property. Being a first-time landlord can be both exciting and difficult. However, if you succeed as a landlord, you’ll reap the rewards of your hard work. Having a rental property will help you pay your mortgage, earn […]
Owning a property may look like easy money to an outsider, but that is far from the truth. It requires a lot of work from the landlord to ensure that the rental property is well maintained. Aside from keeping the house functional, the landlord has to ensure that the property is appealing in order to […]
When marketing your rental property, sparking interest and grabbing your target market’s attention is your main goal. To meet this, you need to write a great property listing. Remember that you won’t be in front of prospective renters, so you can’t convince them verbally. You’re also not able to physically show them the property yet. […]
When a tenant signs the lease, they essentially have a contract with the landlord to live in the rented premises until it expires. If a tenant breaks this contract, they risk facing a number of penalties including forfeiting their security deposit return. For context, what exactly is breaking a lease? Breaking a lease in California […]
The coronavirus global pandemic caught everyone off guard at the start of the year. Its rate of infection continues to increase, triggering everyone’s anxiety. As a landlord, one of your responsibilities is ensuring your tenants’ safety. This is shown by helping to curb the community spread in your property, especially if you own a multi-family […]