Riverside Property Management Blog

Are you thinking of selling your investment property? Cashing out and heading for the hills. According to Los Angeles Almanac, the average home price in Riverside County for 2021 was $586,000. Think about this for a moment, if you sell your investment property for $586,000 and profit $300,000 and don’t reinvest the money within a 10...

A resident getting injured on your property is serious business. Something simple like a hand railing on the stairs came loose, and the resident fell down the stairs. Or a resident tripping on the uneven concrete driveway.This topic isn’t just for people who own rental properties; it can also be applied to your private residence. Su...

Not too long ago, we were talking about how H-O-T the housing market was. Properties were receiving 15 to– 20 offers at a time and were selling at above-asking prices.  It was a selling frenzy for landlords and homeowners alike. And then inflation hit with a furry. Rising interest rates and increased commodity prices started ea...

Deciding to hire a property management company can be a challenging process. Maybe you have heard horror stories about property management companies not doing their jobs. Perhaps you’ve self-managed your rental property for years, and now you are looking to retire and move to the Bahamas. Or maybe you’ve never managed before a...

Can I, as the homeowner, do my own repairs during a vacancy?Over the last 10 years, I have been asked this question almost daily. Most investment owners feel they can save money if they DIY repairs during a vacancy. There tends to be a stigma that property management vendors are more expensive. Most homeowners feel that they can get bette...

“90% of all millionaires become so through owning real estate." Andrew Carnegie Those are wise words and lofty goals, but how do individual investors start investing in real estate? For many, rental housing is the simplest route. But that begs the question: multifamily or single-family?To best answer this question, on...

One of the things that I am constantly preaching to new clients and existing clients is “make sure you have the proper insurance in place”. Not all insurance policies are created equally, a homeowner's insurance policy is not the same as a landlord policy, and a landlord policy is not the same as a renter’s insurance...

Owners and residents often have questions regarding security deposit refunds. The questions often center around the actual deductions noted on the security deposit breakdowns. Thus, the dreaded security deposit dispute.Here at Management One, we must walk a fine line between both the homeowners and the residents. Both sides feel entitled ...

We have all rented an apartment or home at some point in our life, right? And we have all walked into that home or apartment with high expectations only to be let down by the “actual” condition of the property. As a leasing representative, we try to bridge the gap between the expectations of residents versus the expectations o...

*** The theme of this article was originally published by the Rental Housing Journal on December 14th, 2020*** As of December 27th, President Trump signed a new relief package. In that package, the CDC moratorium was extended to January 31st, 2021. It should be noted that local governments may extend their moratoriums past this date. ...