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There are a lot of aspects of being a landlord that can be both costly and time-consuming. This can range from routine maintenance to the time spent trying to place tenants in your property. Some of the issues around maintenance and tenant placement can depend on how outdated your rental property is. There are other factors that impact this as...
Just like first-time homeowners, new landlords are taking on a lot of new responsibilities and face a steep learning curve. Being a landlord isn’t as simple as posting your property on Zillow, filling it with a tenant, and collecting rent checks. Even if it is just one rental unit, it is still a business and in order to get the most out of your...
Tenants usually think of checklists as something that should be used when moving in as a way to protect your security deposit. They should also be used when moving out. Moving is a high-stress situation and it is easy for many of the long lists of tasks to slip through the cracks. In order to prevent yourself from missing anything while moving...
When it comes to securing your own belongings in a rental unit, there is more to consider than just the security features of the home or the building you’re renting a unit in. It’s not just potential theft a renter needs to worry about. There are a number of potential natural disasters or accidents that can cause you to lose your belongings and...
While the responsibility for maintaining the functionality of the rental unit falls on the property manager or the landlord, maintaining the cleanliness inside is the responsibility of the tenant. Keeping to a regular cleaning schedule can help you maintain your home and potentially keep more of your security deposit if you plan to move out. To...
There are a number of ways to reduce costs when it comes to maintaining your rental property. One way to do this is to make a list of small repairs around the house that can be learned and done on your own. This will help by reducing labor costs for minor repairs. One simple repair that can be learned easily and done on your own is to replace...
A law that would change the rules for evicting tenants in California has been proposed in the assembly. AB 854 is a new piece of legislation aimed at protecting tenants from serial evictors. The big change in the law if the legislation passes would require landlords to own a property for five years before they can use the Ellis Act to evict a...
When moving into a rental property, you can be in a rush to just get settled and not take too much thought into positioning your TV and couch properly. When setting up your living room, you’ll want to make sure you get the TV and the couch set up with all the correct distances. This will include both the height of the TV and the distance to...
While much of the focus for landlords can be on the big picture stuff, like how much to charge for rent, or what renovations should be made, the importance of maintaining proper records can fall by the wayside. This can especially be the case if being a landlord isn’t your primary job. So what are some of the best practices for maintaining your...
When it comes to cutting costs on rental property maintenance, one area that can often be overlooked is landscaping. There are multiple ways to go about cutting costs. It could be more about sustainability or properly maintaining the landscaping you already have. Here are a few ways to cut costs: Water overnight Since it takes about a...
Owning a rental property isn’t just about how much rent you can collect. Costs to maintain a property can be high and ultimately eat into your profits. There isn’t one way to lower your costs, but by using a number of methods, you can lower your costs and help improve your margins. Here are 10 ways to lower costs: 1. Screen your tenants Finding...
When managing rental properties, costs can add up quickly. Routine maintenance doesn’t require just the tools and supplies to complete the job, it can also require the cost to hire labor in order to complete the tasks. One way to reduce costs is to select some tasks that can be done on your own in a timely manner. One task that can be done on...
How to access your "Profit and Loss Statement" Ziprent keeps a number of reports for each of your properties to make sure some of the most valuable data is all in one place. This information will assist in your ability to make smart and informed decisions based on each individual property you own. Keeping track of both your expenses and your...
Regular maintenance and repairs, especially when preparing a unit for a new tenant can get expensive. With a high turnover of tenants or the more units owned, those costs can add up quickly. One way to keep costs down is to do some of that routine maintenance yourself. New kitchen cabinets can cost over 5,000 dollars while refinishing and...
Over the years, California has created a labyrinth of regulations, fees, barriers for housing construction which has contributed to the housing shortage. Identifying these laws and regulations as one of the main drivers, the state legislature in recent years has passed laws to remove the restraints. Some of the laws deal with land use and how...
Routine maintenance on a rental property can get expensive. Especially if tenants aren’t staying in the property for more than a year. Having to pay painters to come in and touch up, or completely repaint a rental property whenever a tenant moves out can add up costs quickly. One option to reduce your costs is to take the time to paint the...
SB 10, a housing bill that impacts how local governments can rezone land, has passed in both the state senate and the assembly. Now that it has been passed, it heads to Governor Newsom’s desk where it will be signed into law. Newsom may not sign it immediately because of the impending recall election and many of the candidates running for...
SB 9 passed the California State Assembly on August 24th. The bill passed with 44 ayes and 16 noes and is now ordered to the State Senate for concurrence. If the bill is approved by the State Senate, it will then head to Governor Newsom’s desk to be signed into law. SB 9 review SB 9 allows for owners of single family lots to build duplexes....
