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 […]
Your tenants deserve the best landlord irrespective of where your property is located, whether it’s Burbank or North Hollywood. You can never stop learning if you want to become a better landlord. Moreover, by learning and improving your knowledge every day, you can make more profit from your rental property. Author LAPMG View all posts
In thiѕ аgе оf indереndеnсе, it iѕ inеvitаblе that most property оwnеrs in Burbank would think they can dо finе managing their property on their оwn. Sure, уоu’ve gоt tеnаntѕ whо рау оn time, until eventually thеу dоn’t. Sоmе will brеасh the contract аnd lease terms, then саuѕе problems with the nеighbоrѕ and оthеr tеnаntѕ. […]
A house is the biggest investment most people make. Most times, buyers in Burbank use up a lot of energy and time in finding or designing the “perfect home” before putting pen to paper on any contract. Price, location, Market trends development, homeowners’ association fees, property tax, and the property status are taken into account […]
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 […]
You might have heard of the adage “work smart, not hard”. Smart work pays, and it pays you a lot if you know how to cleverly deal with the IRS (Internal Revenue Service). As a rental property owner in Burbank, your first priority is to make sure you comply with all the property laws and […]
As a landlord or property manager in Burbank in you cannot escape from certain home repairs. In fact, maintenance of the rental property, as well as home repairs, are some of the major parts of your work. In some cases, tenants will call you in the middle of the night with a ridiculous request. Author LAPMG […]
A lot of times, landlords in Burbank have come to us that they need us to help them find awesome tenants in Los Angeles. But here is the thing: Finding a tenant is not always easy. Finding a good one is even harder. Of course, everyone wants a good tenant. Unfortunately, not everyone landlord or […]
Owning property is a great means of generating income and the wealth. However, being a landlord in Burbank comes with its own challenges, and therefore property owners should be prepared to put in all the necessary effort and time in order to become successful. We have some tips for property management which can make or […]
