Tag Archives: rental property

Tax-Smart Exit Strategies… But At What Cost?

Lately, we’ve noticed an uptick in marketing materials flooding the inboxes of property managers and owners alike. The message? Sell now. Exit smart. Get out while you still can. Take a look at the image aboveā€”another ā€œTax-Smart Exit Strategiesā€ live stream, encouraging rental property owners to explore their options for selling, hosted by a CPA […]

2024 Legal Updates for California Property Owners

The legal landscape for property owners is ever-changing, and 2024 brings several updates that landlords in California need to know. Staying informed is key to protecting your investments and maintaining compliance. New Laws and Their Impact 1. AB 12: Rent Cap Adjustments Rent increases are now limited to 5% annually or CPI (whichever is lower). […]

Navigating New Property Management Laws: What You Need to Know

The property management landscape is constantly evolving, with new laws and regulations coming into play. For second homeowners, staying compliant can be challenging, especially when youā€™re not local. Hereā€™s what you need to know about the latest property management laws and how they might affect you: 1. Changes in Tenant Rights Recent legislative changes have […]

Property Management Tips – How To Remove Smells From A Rental Property

Did your tenant recently move out of your Salinas area rental property and after you inspected it, you found that it has a strange smell? Even though your rental property may look great on the outside, the reality is that if it smells funny on the inside, this is going to make it harder for […]

Tips For Buying A Turnkey Rental Property In Monterey County

Are you planning on buying a turnkey rental property in Monterey County? If so, a turnkey rental property is a great way to start earning income from that property immediately but there are several things that you should start doing immediately including the following. #1 ā€“ Inspect The Condition Of The Property Even though the […]

Property Management Tips For Managing Tenant Collections And Delinquency

Property manager

One of the most common things that landlords have to deal with when it comes to owning rental properties is collections and delinquency. Every landlord is going to have to deal with collections and delinquency at least once or twice during the years that they own rental properties. The good news is that landlords can […]

Emotional Support Animals – Should You Allow Your Tenants to Have Them?

Do you have a tenant who has asked you if they can have an emotional support animal live in their rental property? Thereā€™s no doubt that more people have emotional support animals than ever before. This can be verified by doing a simple search on the internet since it’s not hard to find stories about […]

Which Type of Siding Should You Choose for Your Rental Property?

Side of the house

Are you thinking about updating the siding on your Monterey area rental property? If so, you’ve come to the right place! Siding is one of the most important aspects of a rental property because it’s obviously what protects it from the heavy rains that we can have in the Monterey area and also the heat […]

Reasons why you donā€™t want to self-manage multiple rental properties

Property manager

Are you planning on purchasing another rental property to add to your portfolio of Monterey area investment properties? It’s understandable that you may be planning on self-managing that additional rental property but, it’s not advisable, since there are a wide variety of problems that come from adding another property to your rental portfolio. Problem #1 […]

Tips for getting your Monterey rental property ready for summer

Property

Do you own rental properties in the Monterey area? If so, now is the perfect time to stared getting them ready for the summer months by doing the following. Inspection – if it’s been a while since you last visited your rental property in the Monterey area, you should contact your tenant and arrange a […]