Should I put my house in a trust or LLC? This is a question we hear a lot from rental property owners, and today we’re discussing the seven common ways to hold title. We’ll also tell you why it matters. Continue reading
DISCLAIMER: Please check with your attorney regarding all matters pertaining to assistance animals. My advice is general in nature and should not be relied upon without checking with your attorney.
An emotional support dog, service animal, or assistance animal mean different things, but they are all protected by law. For the sake of this conversation, I use the term assistance, service, and emotional support animal interchangeably. The most important thing you need to know is that they are not pets. These are animals that work. They provide emotional or additional assistance to people with disabilities. Continue reading
A very common question we get from owners moving out of their primary residence to rent it out is: should I rent my property furnished? The answer comes down to whether your home would make a good short term rental. Continue reading
Credit bureaus are implementing some changes that can affect landlords in general and you personally. Transunion got together with Equifax and Experian and they announced a National Consumer Assistance Plan. Basically, they are trying to ensure that their data is as accurate as possible. Continue reading
In today’s market, a properly priced home should rent to a qualified tenant in just a couple of weeks. There is a lot of demand for rental housing right now. There’s been an inflation of prices, and wages are staying flat. So, fewer people can buy, and more people are forced to rent.
What do you do if a tenant destroys your property? This is a common question, especially from first-time landlords. Everyone has the worst case scenario in their minds. Your course of action will depend on the severity of the damage and whether the tenant still lives in your property. Continue reading
What happens if you need to sell your tenant occupied property? Owners sometimes call for help because they need to sell fast, and a tenant is in place. When this happens, you need to understand a few things.
In San Diego, the best time to rent out a house is April through September. This is when there’s the most activity and more people in the market. Renting out your house during this peak season will bring you a better price for your property. So, we recommend that you try to schedule your leases to expire during these months. Continue reading
Landlord insurance is different from homeowner’s insurance. If you live in a house now and you plan to rent it out, contact your agent and switch to a landlord policy. Your new insurance will provide three specific types of coverage. Continue reading
The most common reason to evict a tenant from your San Diego rental property is nonpayment of rent. You may also be evicting for some other lease violation like the tenant having a pet that’s not allowed. Be careful if you’re evicting for anything other than nonpayment. Winning in court is difficult in those cases. San Diego owners need to follow a few specific steps to successfully evict a tenant. Continue reading
San Diego investors are often asking what they can earn and what they will have to spend when they have a property to rent out. This is a quick and dirty way to figure out what your property will rent for and cost you. Continue reading
There are a few easy steps to follow for successful maintenance on your San Diego investment property. Continue reading
When you’re looking for tenants for your San Diego rental property, you want to screen for quality. The best tenants will pay rent on time, take care of your property, and follow the terms of your lease. Today, we’re discussing five important things that you need to remember when you’re screening. Continue reading
There’s a belief by some in the landlord community that once a tenant gives notice to vacate, you should immediately list the property for rent and start showing it. The idea of course, is you want to limit any vacancy time. After being in this business many years, we have found this is not the best approach. The best approach, is to wait until the current tenant moves out and the property is made rent ready before you show it and I will explain why. Continue reading
What type of repairs will your San Diego investment property need to be rent ready? To attract the best tenants and achieve the highest rent, you need to have an appealing and functional house to offer prospective renters. Continue reading
At Good Life Property Management, we manage single family homes, condos and small apartment buildings for San Diego landlords. Today, we’re sharing some reasons that you would want to work with us. There are lots of great things we do, but we want to highlight three service guarantees that make us a little different and provide extra value for San Diego owners. Continue reading