Tag Archives: Salinas Property Management

Why Renting May Remain the American Dream

Source: AppFolio.com Nearly 7 years after the financial crisis of 2008, a time when mortgages seemed available to almost any American, the “American Dream” of owning a home continues to fade. The “old” dream was to save enough money for a down payment on a home that you could own or partly own by qualifying […]

Smaller Remodeling Jobs Deliver Better ROI

Smaller Remodeling Jobs Deliver Better ROI Your home may need some work, but that doesn’t mean you want to lose money on it when you sell. That’s why you might be interested in the 2015 Remodeling Cost vs. Value Report from Remodeling Magazine and the National Association of REALTORS®. It may surprise you to learn […]

Housing Data Confirms Contradictions-Favors Rentals

Housing Data Confirms Contradictions, Favors Rentals As property managers we want to keep up on the trends in our local economies. “The trend is our friend” is a mantra that enlivens our professional awareness. The final quarter of 2014 has uncovered some important national trends as well. Building permits, an important signal of future construction, […]

Keeping Your Tenants To Produce More Profits

In the real estate game, when we are talking rental properties, one of the most important things that will help you earn more money is long term tenants. The longer the tenant stays, the lower the number of unit turnovers you will have. Turnovers cost money! So as owners, we should do everything possible to […]

6 Tips for Communication Clarity with Your Residents

You know, not everyone has a gift for writing. Some people don’t even have the basics. When I was younger, my mother was a librarian and an English teacher. She and I would sit at the kitchen table in the evenings, me struggling with the complexities of Algebra (many of which I, to this day, […]

Property Ownership and Property Management Outlook 2014

The year 2013 will go down in the record books as a good year for both owners and managers of residential income properties. As I wrote recently in an article titled, It’s Tough to Afford to be a Renter These Days, “Housing affordability doesn’t look too promising as 2014 begins. If you listen to the […]

Buying Investment Property – What is a “Good” deal?

Let’s look at a tried and true way to measure rental property investment returns and what we as buyers should be looking for in our purchases. Total investment returns in real estate are really comprised of two pieces: operating positive cash flows and long-term appreciation. In today’s world, even though it probably will come, we […]

FAQ’s Regarding Property Management

WHY SHOULD I USE A PROFESSIONAL TO MANAGE MY HOME? While the reasons our clients choose professional management vary, here are some of the key reasons many people elect professional management over self-management: We handle maintenance and emergency repairs, allowing you to sleep at night. We enforce collection of rents and serve the proper notices […]