All good things must come to an end. Operating a rental is important for what it accomplishes for an owner. However, from time to time it may be needed to change courses and stop operating the property as a rental with the most two common examples being if an owner needs to sell ...
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A key step in Renewing the Lease is to perform The Lease Renewal Walk-Through. While leases can vary in duration (Examples: 12 months, 18 months, 24 months, etc.) most leases are for 12 months. All precautions have been previously taken to choose a good resident… howe...
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Within the Resident Life Cycle, the Move Out process can be the most intimidating phase. Losing a resident and the income stream they provide while working to fill the vacancy can be quite daunting. On top of it all, this is usually the time your investment requires m...
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The Maintenance Checklist is the second step in The Turn Process. When we onboard a new property and are getting it ready for Leasing or when taking back possession from a resident after a Move-Out, it is important to know what is needed to get the property Move-In Rea...
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In California, we are blessed with some of the best weather in the United States... and with that weather, comes some of the nation’s highest taxes, and this includes Capital Gains. According to a recent article on Forbes.com, as of January 1, 2024 the California Capital Ga...
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If you own a rental home long enough you are guaranteed to run into a repair or capital improvement that may be leaving you wondering if the best solution would be to use your cash reserves or look into financing options. Traditional financing options are to refinance the propert...
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Appliances make our lives easier and are great amenities to any home. However, to make sure that owners and residents are on the same page the lease must spell out which appliances are being provided with and without warranty. Providing an appliance with warranty ...
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Experience shows that a 1031 exchange is a great vehicle to create generational wealth, however they aren’t typically for the weak of heart. There are complications and timelines that must be adhered too. Let’s look at some of the benefits: You can transfer a lar...
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For property investors and managers, understanding the intricacies of sewer and waste line systems isn't just about maintenance—it's about safeguarding your investment and optimizing property value. Here’s a deep dive into how these critical systems work and w...
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Cleaning is a crucial part of a The Turn Process and is what sets the expectations with your new residents moving in. It’s important to create a great first impression as a clean house will generate more interest from the marketplace and a dirty house will scream that ...
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