Property Management News

Should I Put My Money into a Condo Rental?

You’d like to expand your investment portfolio of rental homes but today’s hot market for single-family houses has removed any chance of turning a profit for the foreseeable future. Current rents are also high, but not high enough to cover a significant shortfall. Apartment buildings are beyond your budget, leaving condos as your only option.  If all the conditions are right, condominiums can be a very attractive place to invest your money. After all, the price is usually lower than a single-family home, duplex or a small apartment building and someone else must cope with the landscaping, exterior maintenance and everyday upkeep for you.   Once you... Read more

National rent prices finally moved up slightly in February after six months of declines, according to the March report from Apartment List. “This turnaround is in...

In today’s fast-paced world, finding ways to grow your wealth while you sleep is a dream many aspire to achieve. One avenue that savvy investors are exploring is...

Multifamily real estate investments are often hailed for their potential to provide substantial cash flow, tax benefits, and property management ease. These properties,...

The benefits of having pets on property are extensive, from happier residents and increased social opportunities to providing a generally more attractive place to live....

L.A. County Supervisors OK New Short-Term Rental...

The Los Angeles County Board of Supervisors Tuesday approved a suite of new regulations on short-term rentals located in unincorporated areas. The board voted unanimously to amend the county code regarding businesses licenses, which regulates short-term rentals. Under the new rules, hosts with Airbnb or Vacation Rentals By Owner, VRBO, will be required to register and pay a fee of $914 on an annual basis. The county rules also restrict short-term rentals to a host's primary residence -- prohibiting the use of accessory dwelling units, rent-restricted primary residences and vacation rentals for short-term rental use. Additionally, the regulations place restrictions on the number of... Read more

Multifamily industry experts share their advice on handling value-add renovations to achieve the best possible outcomes. Before creating any new strategy in...

Real estate investments offer an assortment of tax advantages that contribute to the wealth accumulation of investors. These advantages can be categorized into...

Building more housing on larger residential lots could be California's next 'gold rush.' Who knew? Homes on big lots, corner lots and cul-de-sacs are the...

Housing costs make up the largest expense for most Americans. Investors looking to reduce living costs, build equity, and generate rental income have become fascinated...