There’s nothing passive about owning rental property, but that doesn’t mean you want to spend all your time and money maintaining the yards. Luckily, the mild climate of metro Los Angeles allows you to create a set-it-and-forget-it kind of yard. We’re talking about a yard that will look good and attract renters without giving […]
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Why A Cost Segregation Study Could Save Your Tax Season
This article was published in Forbes on 4/2/2024. A few years ago, I helped a client renovate a gorgeous set of cottages that the owner decided to use as short-term rentals. He made good money from the cozy beach bungalows, but hosting family vacations and bachelor parties weekend after weekend quickly started to take a […]
Why Property Managers Should Understand Commercial Real Estate Investing
This article was original published in Forbes By Kyle Crown The property management industry centers on stewardship — supervising and caring for the assets of others. A common sentiment in ads for management companies goes something like this: “We manage your property as if it were our own.” It would seem to follow that in […]
Effective Strategies for Aging-in-Place in Rental Properties
Aging in place is becoming an essential consideration for many, especially as the population ages. It refers to the ability of people to live in their own homes and communities safely, independently, and comfortably, regardless of age, income, or ability level. Implementing effective strategies for aging-in-place in rental properties presents unique challenges. Many older […]
Breaking Up Is (Not) Hard To Do: Four Tips For Ending Things With Your Property Manager
This article was published in Forbes on Oct. 23, 2023. Many long-term rental property owners have gone through a change in property management at one time or another, but despite the fact that it’s a crucial step in the process, the “breakup” phase of that transition is almost never talked about in our industry. […]
How to Renovate Tenant-Occupied Properties
How to Renovate Tenant-Occupied Properties Renovating your investment property is a great way to boost its value and make the space look better. But what if you have a tenant living in the apartment you want to renovate? Well, that certainly complicated things a little. Even though you own the property, the tenant who rents […]
