by Terri Alcala | Jul 9, 2021 | Owner Education, Property Management Education
Several new policies and amendments surrounding rent increase and rent control have come into effect since 2020. Some of these laws and rules are simply clarifications of laws that have already been in place, other rules and laws have had a significant impact on the...
by Terri Alcala | Jul 2, 2021 | Owner Education, Property Management Education
With the steady increase in current rental remuneration over the last 5 years, landlords have had to increase the rent in order to earn a sufficient profit from their property. Several surveys in California report that, on average, 88% of property owners or managers...
by Terri Alcala | Jun 18, 2021 | Owner Education, Property Management Education
A strategic tenant retention plan is good for your ROI. When you’re able to keep great residents in place, you’ll avoid vacancy costs. You’ll also spend less on maintenance, utilities, cleaning, and marketing – all things that are your responsibility when...
by Terri Alcala | Jun 11, 2021 | Owner Education, Rent Collection
Collecting rent on time is important to the integrity of your lease agreement and also to your own financial stability. When we’re talking to new, and even experienced, investors about our best landlord advice, we always discuss the importance of a good rent...
by Terri Alcala | Jun 4, 2021 | Owner Education, Property Management Education, Tenant Screening
One of the best tips for new investors is this: screen your tenants well. There’s a lot that contributes to the success and profitability of your investment experience, but nothing will have a larger impact that your ability to attract, place, and retain great...
by Terri Alcala | May 28, 2021 | Owner Education, Property Management Education
One of the best tips for new investors we can provide is to have a strong lease agreement. Your lease will protect your investment property, your rights as a landlord, and your tenant’s rights as well. It also sets forth all the expectations you have for the tenancy...