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Blog Post The Long Beach Tenant Assistance Policy: What to Know as a Landlord

The Long Beach Tenant Assistance Policy: What to Know as a Landlord

[embed]https://youtu.be/G5BjVxaCcx0[/embed] At Progressive Property Management, we believe it’s important to keep the owners and investors we work with up to date on the new laws and regulations that impact their investments. Today, we are speaking about a new local req...
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Blog Post Mandatory Section 8 for All Owners? That Can’t Be Good, Can It?

Mandatory Section 8 for All Owners? That Can't Be Good, Can It?

Mandatory Section 8 for All Owners? That Can’t Be Good, Can It?  There is a move afoot to require landlords to accept Section 8 applicants. As written, SB-329 would eliminate “source of income” as a reason to deny an applicant. What does that mean a...
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Blog Post Management Software Options for SMIPOs (Self-Managing Investment Property Owners)

Management Software Options for SMIPOs (Self-Managing Investment Property Owners)

Management Software Options for SMIPOs Whether you manage just one property, or hundreds, there are plenty of property management software solutions at a variety of prices and features. This list is not exhaustive, but provides some insight on your options: Quickbooks â€...
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Blog Post There was a Death in my Rental, Should I Disclose?

There was a Death in my Rental, Should I Disclose?

In residential real estate sales, a seller is legally obligated to disclose any death in the premises within three years of the death. Most agents are even more cautious than that and will disclose any death within 5 years of the occurrence. Some buyers simply won’t ...
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Blog Post Tips and Tricks for Handling Security Deposits as a Tustin, CA Landlord

Tips and Tricks for Handling Security Deposits as a Tustin, CA Landlord

[embed]https://youtu.be/fduXZ0squlk[/embed] At Progressive Property Management, we expertly manage properties in the city of Tustin and the surrounding areas. Landlords often ask us about security deposits, and there are a couple of best practices that we’d like to shar...
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Blog Post Life’s A Beach For Long Beach Tenants

Life's A Beach For Long Beach Tenants

It’s official. On June 11th, the Long Beach City Council voted into local law a new ordnance which goes in to effect August 1 requiring owners of four units or more to pay tenants to move from their property.  Called, “tenant assistance”, here is what...
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Blog Post Fixed or Flat Fee, Which is Better for You?

Fixed or Flat Fee, Which is Better for You?

There are typically 2 business models in property management: charge a flat percentage of the rent collected, or charge a flat fee. If the expected rent were $2,000 a month, and one company charged 5%, they would collect $100. If another company charges a flat fee of $100, the...
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Blog Post Tenant Evictions: What to Know in Orange, CA

Tenant Evictions: What to Know in Orange, CA

[embed]https://youtu.be/mXij5MgpIzc[/embed] One of the biggest concerns that the owners we work with have is the threat of eviction. They worry about the time, the expense, and the potential for a messy battle with a tenant who isn’t paying the rent of following the lea...
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Blog Post We’re Not Afraid of HOA Management

We're Not Afraid of HOA Management

We’re Not Afraid of HOA Management  When I was just in residential sales, my broker friends told me to avoid residential property management. Because it was the three t’s: toilets, tenants and troubles. There was too much litigation, the profit margins w...
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Blog Post How to Get a $1,000 Pet Damage Guarantee

How to Get a $1,000 Pet Damage Guarantee

How to Get a $1,000 Pet Damage Guarantee  Pet Protection Program  Over 50% of tenants have a pet. Many owners instruct us to not allow any pets in their rental, but there are 3 problems with this policy: The tenant will lie. They will say they have no pets...
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