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Tenants are staying longer in their rental units due to the tumultuous and costly housing marketing. According to Newsweek, the average timeframe for most renters is around five years. Even with that in mind, many tenants have lived in their current homes for over 10 years.Improving your tenant retention rates is key to ensuring you maximize your p...
3 Key Tips for Tenant Background Check
According to a Zillow poll, 71% of landlords say tenant screening is in their top 3 most burdensome activities.Yet, finding the right tenant is critical! A tenant background check helps ensure you choose responsible renters and avoid potential risks.Today we're taking a closer look into three key tips that will help you conduct a thorough scree...
Rent Collection Made Easy: Essential Tips for Huntington Beach, CA, Landlords
According to Real Page, rent collection rates have been soaring in the past couple of years to pre-COVID rates, such as 96% in early 2023. But that doesn't mean it's always a breeze.Are you struggling with rent collection as a landlord in Huntington Beach? Late or missing payments can cause serious issues with cash flow.Let's look into ...
Real Estate Asset Management Best Practices That Put Money In Your Pocket
Investing your money is a great way to build your wealth and put your money to good use. According to the Financial Samurai, around 63% of people have invested in real estate. Owning investment property allows you to passively increase your income, so long as you have a solid economic strategy in place.The best way to maximize your investments whil...