We get these questions often, and the answer is pretty simple, contact your new tenants! They should know how to pay rent, request repairs, and report concerns. For example, we sold a property where we received an emergency plumbing repair two hours after escrow had closed. As a result, the tenant had no idea who to call or what to …

Video Summary Hi, I’m Tyler from Belmont Shore Land Company, and today I wanted to show you one of our apartments and the type of upgrades you can do to increase your rental income. Kitchen Hardware Appliances Fireplace Light Fixtures  Laundry  Garage If you are a property owner in Long Beach or surrounding area, we would love to talk with …

This is a question that we are being asked almost daily. We are receiving multiple calls a day from people looking for properties who can’t find them, and if they do find one, it is exorbitantly priced. We think this is a multi-faceted problem that might not go away with Covid. Covid is a factor, but this seems to be …

One of the clearest drawbacks to this question is that you are making less money per month on your rental by being under market. Another easy answer is that when you have a lower price, you will have a lot more people interested in your unit giving you a wider selection in terms of your tenants. Now, asking for and …

While many different factors go into determining the market rent value of your house, the best starting point is “Zillow.” You can also check out Realtor.com.  This contains rentals that are posted on the Multiple Listing System.  After this I would suggest contacting local realtors who might be willing to help and, lastly, checking local newspapers that may contain “for rent” ads. …

This area of our website will be devoted to providing rental house owners with lots of useful information they can actually use…rents, laws, taxes, tenant/landlord relations, and much more. I’m a 40-year veteran of rental property investing and management.  I renovated dozens of single-family homes and small apartment buildings in the 70’s and 80’s.  These were profitable ventures but they didn’t provide …

The future of rental income and property appreciation looks very bright. Tenants in rental houses tend to stay an average of 6 or more years in our experience. Because they stay so long there tends to be few vacancies as a result. The prices of houses in east Long Beach where we do most of our business have increased abut …

SB 91 is the new California law related to COVID rental relief. This is a summary of the most important parts of the law. As always, when dealing with legal matters, you should consult an attorney before proceeding with any legal action against your tenant. Moreover, there are new forms for serving the tenant – if you are not already …

This last year has seen the onslaught of numerous laws which will have a huge impact on residential income property ownership. These include the following: Cap on rent increases Restrictions on notices to move Inability to evict for non-payment of rent Restrictions on ability to collect past due rent Recent court rulings that make Arbitration Agreements unenforceable Recent court rulings …

Tenants paying late is a constant problem. Whether you are a large company or just managing a few units, you have probably experienced this issue. I always hear the horror story of a tenant not paying rent for two, three, or six months. I always wince because I know they are true, but it happens because very common mistakes people …