Property Management

How to Reinforce your Door Entry to Keep Your Home Safe from Burglars

More than 2 million households are being burglarized every year according to the Federal Bureau of Investigations in which half of the cases are by force entry. Reading this statement is one thing, but seeing it with your own eyes how easy it is to kick open a door is another.   Watch this video:   Installing a solid, high-quality, and expensive door may still not be a guarantee...

How to Manage Rental Properties during Coronavirus Pandemic?

   People around the globe have taken measures into slowing down the spread of COVID-19 through social distancing and self-isolation. Here are some proven tips to help you manage your rental properties during the coronavirus outbreak. RENTAL SHOWING First question first, should you continue to show your vacant rental property? The answer is yes. People who are coming out to look...

Realtors

Case Study: What did this Realtor do wrong to cost the seller $15,000?

Not all Realtors® are the same. Like all other professionals, Realtors have differences in their marketing and negotiation techniques. The realtor you hire should be able to maximize your profit and above all,  be stress-free. Here’s one case study that will help you spot the difference of two realtors selling the same type of property, both on the same building, same level, and just across each...

Moving Trends Insights that will help you Maximize your Rental Property Income!

The last month of the decade is here and you are probably pondering on your 2020 financial well-being. If you’re a Property Owner, we’ve got good news for you because this is an opportune moment to review important numbers and to strategize better. If you own an income property, now is the perfect time to think about how to maximize your rental property income. How long does it take to rent out a...

Agent Tom’s Horror Story

   Tom is a smart and savvy real estate agent. He helped a buyer, Beverly, purchase a fourplex.    Excited about her new investment property, she wanted immediate, tenant placement. So, she asked if Tom offered leasing and management services.    Unfortunately, property management is not his forte. Helping buyers and sellers was more profitable for Tom than managing...

2 Tax Forms that Landlords Shouldn’t Miss

Note: If you already hired us to manage your property, you can disregard this. If you are managing your property on your own, then you may want to read this article. The tax rule that is commonly applicable for contractors or freelancers is now required for landlords. What is this rule? They should file a 1099-MISC and they need to collect W-9s. Take note that these two forms should ALWAYS go...

diy landlords

3 Things That DIY Landlords Skim On But Professional Property Managers Don’t

Imagine that you’d just acquired a new investment property. Managing your rental seems easy enough, so a lot of people do it on their own. They will take photos, list their property on rental sites, schedule interviews, conduct interviews, and background checks. First time landlords are usually on a tight budget and do not have the means to hire a professional property manager--so, can’t blame them...

Real Estate Investment Turned into a Minimum Wage Nightmare

John is a full-time marketer in a mid-size company. He bought a condominium soon after he started working. As time went by, John got married, outgrew his condo and moved into a single-family home. His career was taking off and family life was flourishing. John thought it’d be a good idea to rent out the condo. “How hard can it be to rent out a condo? After all, I am in advertising. ” John...

The 10,000 Dollar Tenant Screening Mistake

Jane owns a condo in The Bay Area and she recently accepted a job as an HR manager in Los Angeles. Instead of selling her condo, Jane thought it’d be a good idea to keep it as an investment and rent it out. Jane started posting ads and showing it to tenants. After several weekends of showing she received an application. Jane read some tenant screening articles online and thought “How hard can it...

How to Avoid a Lousy Tenant?

If you think that finding a tenant for your vacant property is your ticket to a happily ever after, think again. Landlords have diverse range of horror stories about professional tenants who rip off one landlord after another. They seem to be the kind of people who are without a conscience, deliberately failing to pay their rent on time causing financial losses to property owners. The worst part? These...

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