Rental Furnishing Mistakes You Should Avoid Buying real estate and renting it out is an excellent long-term investment. However, finding the right tenants and making a profit requires some work. Tenants had fewer options in the past, so they couldn’t afford to be picky. But nowadays, things have changed. With so many beautiful homes on […]
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Wear and Tear or Damage – Things to Consider
We can agree that time eats away at all things. However, when it comes to real estate and especially rental properties, it’s important to differentiate normal wear and tear from damage. Both landlords and tenants need to know their rights and obligations, as well as what needs to be done when damage occurs. In this […]
How to Spot Fake Landlord References
Every day that your property stays empty of tenants is a day you lose money. Therefore, it’s only natural that you would want to move new tenants in as soon as possible. But renting to bad tenants can be worse than not renting out at all. So don’t rush the selection – take the time […]
What Are The Different Types Of Property Management Licenses?
You trust your property manager, don’t you? Why not, you may ask. After all they oversee, control, regulate and manage your properties for you without a hitch. But have you ever thought what makes them so efficient, professional, and accountable for the tasks they carry out? They are not born that way, let us tell […]
Bona Fide Tips to Maximize Your Rental Property Income: Part 2
2. Competitive Pricing: Have you ever wondered why your vacancy rate in Burbank is higher than other rental properties in your area? Maybe you need to re-evaluate your pricing and reduce your rent. While it may seem like reducing rent will do more harm than good, it is actually better for you in the long […]
Bona Fide Tips to Maximize Your Rental Property Income
The dynamics for commercial real estate can vary depending on many factors. However, there are numerous ways you can improve your current portfolio without adding more properties. As a commercial landlord in Burbank, the main goal for you, above everything else, should be to maximize your rental income. As daunting as it may seem, all […]