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Blog Post What Every Rental Property Owner Needs to Do Before Statewide Rent Control

What Every Rental Property Owner Needs to Do Before Statewide Rent Control

Statewide rent control, in some form or fashion is coming to California. What can you do as an investment property owner to prepare for this new reality? This is not the end of laws to assist tenants and restrict owner rights; it is just the beginning. You should not wai...
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Blog Post Don't Let the Bed Bugs Bite

Don't Let the Bed Bugs Bite

When I was little, my mother would tuck me in to bed, and whisper in my ear, “good night, sleep tight, and don’t let the bed bugs bite.” I truly had no idea what she was referring to, and never suffered a bed bug bite in my life, but it stuck in my head as a...
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Blog Post The Best Ways to Deal with a Difficult Tenant

The Best Ways to Deal with a Difficult Tenant

Best Ways to Deal with a Difficult Tenant Most tenants abide by the terms of the lease contract. They pay as agreed, take proper care of the property, allow inspections and can be considered a “good” tenant. Our company categorizes over 95% of our tenants as such....
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Blog Post To Section 8 or Not Section 8, That is the Question

To Section 8 or Not Section 8, That is the Question

What is Section 8? Section 8 housing is, as found in the Housing Authority of the County of Los Angeles states in their website: “The Section 8 Programs offers tenant-based assistance. Participants find their own housing to rent in the open market, and pay a portion ...
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Blog Post The Governor’s Carrot and Stick Approach to Housing

The Governor's Carrot and Stick Approach to Housing

During the election, Gavin Newsom was rather quiet on his stance for tenant protection and rent stabilization (rent control) measures. However, he did promise to add 3.5 millions homes by 2025, which equates to more homes than have ever been built in any 5 year period. Only in...
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Blog Post Life is Too Short to SMIPO (Self-Manage)

Life is Too Short to SMIPO (Self-Manage)

I don’t want to wax philosophical, but life is too short to SMIPO (Self-Managing Investment Property Owner). For a monthly collected rent of $2,400 we charge $120 a month to manage professionally a property. Since property management fees can written off on your taxe...
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Blog Post If Spokane Can, Will We?

If Spokane Can, Will We?

Many mistakenly believe California has the most tenant protection laws and most liberal rental policies in the country. There are a few states on the east coast that are far more tenant friendly, but on the west coast that prize goes to the State of Washington. If legislatu...
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Blog Post How Long Should a Lease Be?

How Long Should a Lease Be?

How Long Should a Lease Be? We are often asked, “how long a lease should I have with my tenant?”. Some owners want a month-to-month because they can have possession of their property with only a 30-day (if they have been there less than 12 months) or 60-day (more ...
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Blog Post How to be a good landlord/property manager:

How to be a good landlord/property manager:

1. Run Your Property Like a Business. Some landlords do a terrible job at running their business. It might be because they see it as a “side-gig” or a hobby” more than a business. However, when you treat your business with the respect, systems, and organization that you wou...
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Blog Post How to be a good tenant

How to be a good tenant

1. Read your lease. No, seriously read it. It won’t be the most exciting night table material but you’ll thank yourself when you do read it. A lease is a binding legal contract. It creates a binding relationship between you and your landlord. What are you agreeing to? If you...
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