When in Rome do as the Romans do. This holds true in this digital age, where you, as a landlord or property manager in Burbank, has to be digital savvy, and the first step towards this is, to make use of property management software. Whether it’s related to acquiring new tenants or maintaining your property, […]
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7 Things You Need to Know About Landlord Insurance for Rentals
Found a great property in Burbank and want to purchase it to put on rent? Great decision, but wait. Be sure to get landlord insurance for buy-to-let property. Before you even shake your head, and say that you already have a home insurance then let’s make one thing clear. Home insurance does not equal landlord […]
5 Hardscaping Ideas to Add Value to Your Rental Property
The hard and fast rule of a rental property is to make prospective tenants want to grab yours as soon as they lay eyes on it. To illustrate, let’s consider this scenario. If you stand in front of two rental properties in Burbank: one with a neat, paved walkway to the front door, and another […]
How to Get Rid of Squatters the Legal Way
Squatter problems? We understand. As fun as owning a home in Burbank may sound, it is also a lot of hard work. You are responsible for taking care of the property including maintenance, filing tax papers, registering with the local authorities etc. The list goes on. That’s why most landlords prefer to let out to […]
Straight Talk: Showing a House with Tenants Still There
The Challenge When Stephan Illouz of Los Angeles Property Management Group took on the task of leasing a 4500-square-foot house in Santa Monica, the home’s owner still had family members living there. When she told Stephan the price she expected to fetch for rent—$12,500—he detailed some specific repairs she would need to […]
The Importance of Property Management to Real Estate Investment
You can attain a reasonable level of financial stability when you consider robust investment options, of which real estate is one. Real estate investments provide a wide range of investment opportunities and could be a real money spinner. It involves the purchase, ownership, management, rental and/or sale of real estate for profit. Real estate investors […]