The importance of certain insurance policies can never be over-emphasized. As a rental property owner, it is important to realize that your properties are susceptible to not only act of destruction from the Mother Nature but also from the actions of your tenants. Most property owners don’t know that homeowner’s policy doesn’t provide them with […]
Property Management
4 Steps To Attract Quality Tenants
Most landlords in Pasadena, Hawthorne, Inglewood, Studio City and indeed the whole of California will do anything to attract quality tenants. Of course, there are two qualities that define quality tenant: He pays his rent on time and he never messes up the building. It is more cost-effective to keep a tenant than to continually […]
5 Smart Things To Do When a Tenant Stops Paying Rent
Tenant not paying rent is one of every estate investor’s worst nightmares. No one wants to hear that his tenant has stopped paying rent. This is one reason why most property investors hire the services of a commercial property manager to help in dealing with tenants. As a landlord, everything may seem great until your […]
Landlords: 5 Tips For Hiring a Reliable Property Manager
If you have a commercial property and looking to hire a reliable property manager, you will need to know some proven steps you can use in getting the best ones. Hiring a property manager is a big decision, you will need to trust the company or the individual to take care of your property and […]
Basic Overview of Federal and Local Laws and Ordinances that affect Landlords, Property Managers, and Tenants
While landlords, property managers and/or management companies, and tenants will be primarily concerned with California state laws and ordinances that apply to them, there are certain Federal laws that play a role in the landlord-tenant relationship. Over the past several decades, the US Government has created agencies and enacted specific laws such as HUD* and […]