Purchasing a rental property can be a lucrative investment, but also comes with countless responsibilities that can get out of hand. Hiring a property manager while maintaining a collaborative and communicative partnership can lead to smoother and more efficient operations and ultimately lead to a more profitable investment. Forging this strong relationship with your property manager is just as important as the relationship with …

The success of your properties depends on your tenants, so effective communication is vital in achieving a professional and trustworthy relationship. Your property manager will be your first point of contact for some inquiries; you may prefer to be in direct touch with your tenant for other issues. Every landlord has their own style of communication and standard ground rules, but there are a …

Sitting on the coast of California just north of Los Angeles, Santa Barbara is a highly sought-after area for families and those looking for a relaxing, beautiful city to reside in. The climate in Santa Barbara is often described as Mediterranean, and it sits on the longest stretch of south-facing California coast. The official boundaries of the city actually comprise more water (53.61%) than …

Purchasing a single-family home as a rental investment property differs from buying a home to reside in personally. When evaluating a single-family rental (SFR) as a potential investment, there are several key factors to consider that may not come to mind if the home is meant to be your personal dwelling. The same applies if you are considering a build-to-rent (BTR) property. If you …

The purpose of a real estate investment is, of course, to make money. Real estate is one of the most popular types of investments. There are different types of real estate investments, but the most common one is purchasing a physical property. This doesn’t just mean houses — physical properties include a plot of land used for any of a variety of purposes, the …

The state of California has laws in place to prevent harassment against tenants; landlords cannot verbally or physically harass or threaten tenants or force them to move out. Anti-harassment laws are common throughout the country, but they don’t always stop harassment from happening. Stressors on housing and the economy during the pandemic have led to an increase in harassment reports in cities along the …

Tenants keeping unauthorized pets in rental properties is no rare occurrence, even if your rental allows pets. It is common for renters to attempt to keep an animal that is not allowed in the pet policy or avoid pet deposits and fees by not registering their pet with the property management. This issue is likely to become even more common with spikes in pet …

After 2 failed tax bills in 2020 and 2021, California legislators are again proposing a tax bill that would target the wealthy. California Assembly Bill 2289 would impose a “wealth tax” on billionaires and some eligible millionaires, making California the first state to impose a “savings” tax, although Washington is also considering a similar proposal. The tax would apply to assets and all wealth, …

Carmel Valley is a well-known suburban area in northwestern San Diego that sits just east of Torrey Pines, north of Torrey Hills, and west of Del Mar Mesa. Carmel Valley is a planned community that was established in 1975, making it one of the newer neighborhoods in San Diego. It got its name from the nearby Mount Carmel, a hill named by the Catholic …