Whether you own a single rental unit or an expansive real estate portfolio, there’s a reason most property owners opt to hire a dedicated agency to maintain their properties and deal with tenants. Property management is hard work, requiring resources, constant attention, and an ability and willingness to adapt. As the number of renters increases nationwide and the rental economy grows, the market for …

By Utopia Property Management Stress is one of the biggest killers in the world today, especially in the United States, where we often take on a wide variety of responsibilities than we should. Owning a rental is great because it will generate cash flow for you on a monthly basis and help you to start building long-term wealth. The sad thing is that many …

Common Tax Deductions for Rental Properties  Yearly property taxes for your rental property can easily be one of your largest expenses, but a good number of the costs associated with the property can be written off as deductions. Keeping receipts and documentation for these costs will not only cover you with the IRS, but will make it easier to calculate totals at the end …

By: Mike Rossi My wife and I love to go out to eat whenever we can and try new restaurants in our beautiful San Diego County. But now that we have a growing two year old boy it’s increasingly getting a little harder on the pocket book going out on our dining excursions. Luckily for us I am finding that there are some restaurants …

The kitchen is the center of the home. It is where people tend to congregate, and where food is served and drinks are poured. Crafting a welcoming and functional kitchen is a great way to increase the value of a rental home and attract quality tenants who will appreciate the space. There are a variety of upgrades that you can make that will level …

Whether you’re renting an apartment, condo, duplex, or full-sized home, there are a number of important things to consider before signing a lease. It is vital that you read the lease carefully and in full before you agree to anything. You should be fully aware of the terms that your landlord will be holding you to. Additionally, you have the option to negotiate any …

The extent of responsibilities that you must undertake as a landlord can feel overwhelming. It’s fair to say there are many to manage, so the key is to understand them fully and work on an optimal organizational strategy to stay ahead of any avoidable issues.  As a landlord, you are a business owner. Your rental property is an asset, and your tenants are your …

Rental properties in college-oriented areas or near universities are popular hotspots that can be a smart investment for renters. However, there are many risks associated with renting to university students. It’s important to be aware of these risks and adjust your renting style accordingly. This protects your property and ensures you have a successful renting experience.   What are the risks?   College students are inexperienced …

Are you planning on buying condos and listing those condos for rent in San Jose? If so, even though you may want to list those properties for rent right away, you should always replace several things in each condo first before you list those rental properties online.  Replace the Toilets   Always replace the toilets in your condos for rent because, you never know how …