Posts Tagged ‘Property Management’
Can 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 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 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 MoreCan a Landlord Make A Tenant Get Rid of Your Dog? The Truth About Unauthorized Pets
Did you recently inspect your rental property and discover an unauthorized dog wandering about the premises? As a landlord, managing tenants can already be complex, and adding pets into the mix makes it even messier. If you’ve found that your tenant has a dog without your permission, you may wonder: Can I legally require a…
Read MoreHow to Find a Tenant while Living at your Rental
Hi rental property owners. Can you find a tenant while living at the property? You are a property owner that is moving out of your home or condo and want to keep it as a rental. Good move! Should you start looking for a tenant now? Or, should you wait until you have moved out?…
Read MoreWhen to Start Looking for a Tenant
Hi rental property owners. When should you put your rental property on the market and begin looking for a tenant? In this article I break down the answer into 3 points that affect when to start marketing the rental. The condition of the property. Should you put your property up for rent while you’re still…
Read MoreHow Much Rent can I Charge?
How much rent should you charge the tenant at your rental property? Today I talk about the strategy to price a rental property, how to find the market price by reviewing comps, and when to make price adjustments. We all want to know how much rent will that investment property get! Let’s talk about…
Read MoreEverything You Need to Know About Renting Out a Condo With An HOA
Renting out a condo is a fast way to earn passive income. Let’s say you start renting out a condo priced at $1,800 per month. That means you’ll be earning an additional $21,600 of gross rental income every year! Not only will you receive positive cash flow, but you’ll also have the advantage of reduced…
Read MoreInvestigating Santa Ana’s Just Cause Ordinance: What it Means for Rental Owners
Santa Ana’s city council just passed a Just Cause Eviction Ordinance October of 2021. What does this means for property owners in Santa Ana? Sam Fernley here with TrueDoor property management, creating content for Realtors and Property Owners in Orange County, California! What’s in Santa Ana’s new ordinance? Now let me explain this Just Cause…
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