Property Management News

How to Increase Your Rental Property’s...

Want to make more money from your rental property? Here are four ways to do it. With any investment property, you’re looking to increase your value and improve eventual return on investment (ROI). But with rentals? It’s not just the long-term returns you’re looking at. Improving your property’s value can justify higher rents, too — increasing those monthly profits and your passive income stream as well. Are you looking to raise your rents this year or just improve your property’s value and marketability? Here are four things to consider. 1. Invest in appliances Having a quality refrigerator, washer, dryer, and dishwasher on-site can all justify higher... Read more

When you choose to invest in a rental property — long-term tenants or Airbnb-style — you have a big decision to make: Will you manage the property, or will...

If you’re a little short on cash or just thinking about ways to make some extra money, look no further than your home. We’re not talking about selling or adding to...

A leasehold improvement is a change made to a rental property to customize it for the particular needs of a tenant. Leasehold improvements, such as painting, installing...

Redfin has come to the not very surprising conclusion that anyone who is able to make an all-cash offer on a home is far more likely to win out in a bidding war against...

L.A. is banning most gas appliances in new homes....

Citing the climate crisis, the Los Angeles City Council voted Friday to ban most gas appliances in new construction, a policy that’s expected to result in new homes and businesses coming equipped with electric stoves, clothes dryers, water heaters and furnaces. More than 50 California cities and counties have adopted similar rules banning or discouraging gas hookups in new homes and other buildings. The nation’s second-largest city was late to the game, said Councilmember Nithya Raman, the policy’s lead author — but no longer. Friday’s vote “puts us in line with climate leaders across the country,” she said in an interview. Raman’s motion will require newly constructed... Read more

Location, location, location. In a real estate boom, homebuyers will clamor for almost any house that hits the market. This is great while it lasts, but when the...

Outdoor umbrellas can accumulate stains, mildew, and moisture over time. Here’s how to clean this patio staple in time for summer. Outdoor umbrellas pull double...

And how to avoid them. During the Great Recession, the U.S. economy took a major hit because of mortgage foreclosures. Borrowers all over the nation had trouble paying...

Here are several common plumbing emergencies in rental properties and what to do in each case. Plumbing issues can range from a rapidly flooding basement to a small...