Setting competitive rental rates is crucial for landlords who want to attract tenants while maximizing their investment returns. In a competitive rental market, pricing your property correctly can mean the difference between a vacant unit and a fully occupied one. Whether you’re renting a single-family home, apartment, or commercial space, understanding how to set the […]
A shortage of homes to buy means that renters make up the majority of households in Los Angeles County. With rising costs and a limited supply of properties, Census Bureau data also reveals that in the Los Angeles Metro area almost 50% of adults are saving money by sharing their home with other family members or roommates. […]
Being a property manager or landlord is no small task, and one of the most important responsibilities is effectively managing tenant complaints. Tenant satisfaction often hinges on how quickly and compassionately you address their concerns. Efficiently tackling common complaints can lead to long-term tenant retention and foster a positive reputation. In this guide, we’ll look […]
Renovations are a necessary part of property management, whether for enhancing the value of the space, addressing wear and tear, or updating facilities to meet modern standards. For landlords and property managers, these improvements present opportunities but also challenges, particularly when tenants occupy the space. The goal is to ensure these upgrades are carried out […]
Creating a habitable and sustainable environment begins at home. The desire to live more sustainably starts in our living spaces, where even small, intentional changes can lead to significant impact. But how can we achieve this? What steps can we take to change our homes into eco friendly structures that benefit the environment? And what are […]
Rental properties require a delicate balance between making spaces appealing to tenants while keeping renovation costs low. Bathrooms, being high-traffic areas, often need a refresh to stay attractive. However, full-scale remodels can be costly, especially in rental units. Fortunately, there are plenty of quick, affordable ways to give bathrooms a fresh, modern look without breaking […]
When undertaking home renovations, figuring out how to store tenant belongings during renovations can be a significant challenge. Proper storage is crucial to safeguarding items from damage and minimizing tenant disruption. Without a clear plan, the process can become chaotic, leading to stress and potential losses. By carefully considering your storage options and preparing in […]
This article was originally published in Forbes on September 9th, 2024 The real estate rental market has been more competitive as of late. And while there’s always a thousand things owners can do to improve their property, the real art of ownership is knowing where to invest the money into the property that will go […]
Over 50% of Los Angeles County residents are renters, and over 50% of these renters are “rent burdened”, which means they spend over 30% of their income on rent, Neighborhood Data for Social Change reveals. This ups the likelihood of late payments and eventual eviction, which results in loss of time and money for you. As […]
