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 …

The just cause eviction law is something that most landlords in major cities in California already have had to deal with for a long time.  But if you just own property in Long Beach or most of Orange County, you’ve never had to deal with a just cause eviction law.  Up until now, if you wanted to remove a tenant for something …

California Has changed a number of laws this year. The most significant of these laws is AB 1482. There are many aspects to AB 1482 that affect both the small independent property owner and a large management company. AB 1482 is called the Tenant Protection Act, and you should be aware of the provisions in the law, how they are …

In Part 1 of this series, we covered topics such as pets, subleasing, tenant repairs, and more. And in Part 2, we review major and minor upgrades. In this final series, we will cover amenities. 4. Amenities Amenities are aspects of the property that can’t be added to a property. Why would I bring these up if there is nothing …

In Part 1 of this series, we covered topics such as pets, subleasing, tenant repairs, and more. We will now dive into some major and minor upgrades tenants are looking for in their next rental property. 2. Minor Upgrades Minor upgrades would be items that you could easily change at your property for under $1000. They include: Ceiling fans Leased …