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Property Management Statements Explained
How do property management statements work? I’m Kyle at TrueDoor Property Management. I’m going to explain how to understand the statement for your rental property. Each property management company will be using different software, but most statements work the same way. Our company uses the Appfolio software system and I’ll be showing you statements from…
Read MoreCan You Rent Out Rooms in a Single-Family Home? Here’s What Landlords Need to Know
Renting out rooms in a single-family home can be a great way for landlords to maximize their rental income, but it also comes with unique challenges and legal considerations. Whether you’re new to property management or are a seasoned landlord, understanding these key factors will help you make informed decisions and avoid potential pitfalls. With…
Read MoreTenant Not Paying Rent? Here’s How to Get Paid As a Landlord
Most landlords agree that few things are more frustrating than dealing with a tenant consistently late paying rent or a complete failure to pay rent. Late or missing payments can cause financial strain and legal complications. Continue reading to explore what to do if a tenant doesn’t pay rent, and contact TrueDoor today to protect…
Read MoreIs the Tenant or Landlord Responsible for Yard & Pool Maintenance?
Rental Property FAQ: Who’s Responsible for Yard and Pool Maintenance? For rental property owners a well-manicured lawn and a clean pool is one of the top ways to attract new tenants. Once a tenant chooses a property, it takes extensive work to keep up with yard and pool maintenance and it’s usually more than what…
Read MoreDirty Tenants: Can Landlords Tell Them To Clean Up?
Owning rental properties is one of the most profitable streams of passive income. While it may seem like it’s only sunshine and rainbows, owning a rental property comes with unfortunate relational struggles. After being in the property management industry for over 40 years, we’ve seen our fair share of landlord and tenant conflicts. One of…
Read MoreA Complete Guide to Renting to College Students
Renting to college students can be unavoidable in common Southern California areas like Orange County or the Inland Empire. For young adults searching for a picturesque university experience, the nearby beaches, entertainment venues, and outdoor activities make this sunny state hard to resist. Unfortunately, landlords looking for financial freedom through rental properties struggle to navigate…
Read MoreHow Many Tenants Can Live in a Rental Property? A Complete Guide for Landlords
Landlords face a unique challenge when it comes to managing rental occupancy standards. Balancing the wear and tear that comes with more occupants and navigating the complex web of ever-changing laws and regulations can be daunting. This article is your go-to guide to learning how to create rental occupancy limits for your property. This article…
Read MoreHere’s How to Replace a Tenant Before They Move Out
The tenant at your rental property just gave notice that they are moving out. Let’s talk about how you can find a new renter before the current one moves out. You have two options when your tenant moves out. Wait until they have vacated or start advertising and showing right away. I recommend starting right…
Read MoreAvoiding the $20K Mistake: Rental Appliance Guide
$20,000 dollar mistake: What appliances should I provide for my rental? As a landlord you don’t think providing an appliance could be a $20,000 mistake but you’d be wrong. Once upon a time in Orange County California there was a landlord that rented a house to a family with a year old refrigerator. The fridge…
Read MoreFinding a Tenant: How Long Does It Take & How to Find a Good One
Finding the right tenant quickly is a top priority for any property owner. However, the time it takes to secure a tenant isn’t always straightforward. While the journey might seem simple—listing the property, showing it, and signing a lease—several factors can significantly impact how long your property stays on the market. Pricing, property condition, market…
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