In the recent Long Beach Post article, Tyler Mehl (Belmont Shore Land Company co-owner) describes some of the challenges property owners, and tenants are facing during the coronavirus (Covid-19), and the relief that is likely in store for them. Original Article: While local relief is in store for renters, property owners look to the feds for help – Long Beach …
Solving Tenant Disputes Is Not A Fun Process
It can be difficult to ascertain whether the problem rises to the level of your involvement or is it bad enough to get someone evicted. For minor issues, we always advise tenants to address the situation between themselves. They are playing their music too loud, they are smoking to close to your window are types of issues that tenants should …
11 Common Mistakes Made By Rental House Owners
The following represents my personal opinions based on 40 years of experience owning, renovation, brokering and managing residential income property. I have rented to thousands of tenants and have managed for hundreds of owners in addition to my own properties. I hope the following will help you avoid the mistakes that cost you time and money. Picking the wrong tenant …
How Property Managers Should Deal With Tenants Who Are Having Financial Difficulties
Unfortunately, there are a lot of tenants who live beyond their means. A large car repair bill or unexpected medical bill can cause a large financial hardship to a significant amount of tenants. What do you do with these tenants? Every tenant will be different. There are a few general rules you should stick to. Never let any tenant get …
Choosing The Right Tenant
Choosing the right tenant seems like an easy task. But, not only can it be quite difficult, it is possibly the most important decision you will make in property management. Especially if you consider all the new laws preventing property owners from removing unwanted tenants. When you are choosing a tenant, you have to consider that they can be your …
How To Correctly Price Your Rental Property In Long Beach
For people with a small number of rental units it can be quite difficult. You either don’t have frequent enough vacancies to test the market or your units are different sizes and can’t be compared. Other people look to their neighbors for anecdotal information. We’ve all heard of the person down the street getting $3000 while everyone else is getting …