Posts Tagged ‘property management tips’
What is a late notice? How do you write one?
Writing a late rent notice is an unavoidable part of being a landlord. The notice of a late rent payment has three purposes. First, it reminds the tenant to pay the overdue rent promptly, informs about late fees, and then warns the tenant of the consequences of nonpayment. However, a late rent letter has a…
Read MoreHow to Add Value to Your Multi-Family Buildings In 2023
If you own one or more Multi-Family buildings one of the best things you can do before the end of the year is to add value to your properties. In this post we will share with you several tips you can use to add value to your multi-family properties. Tip #1 – Make Your Multi-Family…
Read MoreMold In Rental Property – Is The Landlord Or The Tenant To Blame?
Mold in a rental property is one of the biggest problems that both landlords and tenants face because it can pop up when you least expect it to and cause major problems usually because both the landlord and the tenant don’t know how to properly handle the problem. In this post we will share with…
Read MoreTips For Dealing With Terrible Tenants
Problematic tenants are something that every landlord has to deal with sooner, rather than later. Thankfully, dealing with problem tenants doesn’t have to be a major hassle, especially if you follow these tips. Tip #1 – Be Rational And Calm The first thing to do when communicating with a problem tenant is to be rational…
Read MoreTop questions to ask tenants before renting to them
Asking a prospective tenant the right questions is one of the keys to success when it comes to owning investment properties because the answers to those questions will provide you with peace of mind in that tenant before you rent to them. In this article we will share with you the top questions to ask…
Read MoreProperty Management Tips: Rental Application Mistakes To Avoid
The rental application is one of the most important tools that a landlord uses in their business because it’s what makes it possible for the landlord to screen and place the most qualified tenants in their properties possible. As important as the rental application is, it’s also possible for a landlord to make common mistakes…
Read MoreSafety And Mechanical issues to not ignore at your rental property
It’s 2022, and there’s no denying that owning Central Valley Rental Property is still one of the best ways to build wealth but the reality is that you can easily see your cashflow disappear quickly if one or more tenants are not watching out for safety and mechanical issues at your rental property. In this post we…
Read MoreTips for your rental property walkthrough
If you just invested in your first Central Valley rental property, one of the most important things to do after you rent that property is to conduct a tenant walkthrough. Tenant walkthroughs are important because they ensure that both you and your tenant are ‘on the same page concerning the condition of the property when…
Read MoreRental Property Marketing Mistakes To Avoid
Are you planning on marketing your rental property online? If so, rental property marketing is about more than just posting an ad on Craigslist or Facebook groups, and waiting for people to call or email you. In this article, we will cover some of the most common rental property marketing mistakes just so you can…
Read MorePassive vs. Active Real Estate Investing – Which Option Is Better?
Are you just getting started with real estate investing in the Central Valley? If so, one of the first things you should do is determine if you’re going to invest inactive, or passive real estate. Don’t know the difference between the two? No problem. In this article, we will break down active vs. passive real…
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