Landlords in Burbank looking for tenants heads up: always put them through a screening test. Ruthless as it may sound, the majority of property owners prefer future tenants go through a rental application process before they meet each other. While this makes shortlisting a lot easier, rental application has other purposes as well. People often […]
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How to Carry Out a Rental Property Inspection like a Pro
The agreement has been signed, and you have the giddy euphoria of a profitable landlord in Burbank. Congratulations on securing your first tenant! Now, let’s get down to the business of being a landlord of a rental property. Beside documentation, tax calculation, and managing income, you also need to keep an eye on your property […]
How to Get into Real Estate Investment with Little Money
If you’re reading this article then you must have pretty much made up your mind about investing in real estate in Burbank. As great as your enthusiasm maybe, it’s wise to learn the ropes before taking the dive without one. Real estate investment, like any other financial investment, entails high risks for high returns. It’s […]
How to Get Rid of Squatters the Legal Way
Squatter problems? We understand. As fun as owning a home in Burbank may sound, it is also a lot of hard work. You are responsible for taking care of the property including maintenance, filing tax papers, registering with the local authorities etc. The list goes on. That’s why most landlords prefer to let out to […]
Straight Talk: Showing a House with Tenants Still There
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 […]
Ten Valuable Tips That Will Make You A Better Landlord
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.