As a property management company, one of the most common questions we get from landlords is: “If my insurance policy restricts certain dog breeds, can I deny a resident’s emotional support animal or service dog if it falls under that list?” It’s a critical question, […]
Posts by Ron Sudman
Are you thinking of selling your investment property? With rising home values across the Inland Empire, many landlords and investors are considering cashing out. But before you list your property, it’s critical to understand how taxes—particularly capital gains taxes—could impact your decision greatly. According to the Inland Empire Board of Real Estate, the average home […]
According to the U.S. Fire Administration, residential fires claimed 2,890 lives and injured 10,400 people in 2023 alone, with an estimated 344,600 residential fires reported nationwide. A staggering 60% of home fire deaths occurred in properties without working smoke detectors—a preventable oversight with tragic consequences. For landlords, this statistic carries serious implications. While many assume […]
Do you remember the classic Clint Eastwood film The Good, The Bad, and The Ugly? For many landlords, working with the Section 8 Housing Voucher Program can feel similar—there are clear benefits, but also challenges that require additional effort and consideration. As of December 2022, over 7.5 million individuals across the U.S. lived in households […]
Insurance, Insurance, Insurance! This Landlord’s Insurance agent had him underinsured. There was a fire, and it cost the Landlord $40,000 out of his pocket. Insurance companies have no obligation or liability to keep your coverage adequate. This is a critical topic, and I wholeheartedly believe in discussing it at least once a year. "Why," you […]
Have you ever pondered the possibility of losing your investment property or your cherished home? It's a thought many of us brush aside until faced with unforeseen circumstances. However, life's unpredictability underscores the importance of being prepared. In this newsletter, we delve into five essential strategies aimed at safeguarding your assets and securing your family's […]
Honey, we received the rent payment from our residents. All the bills are paid this month, let’s take the kids and go to Disneyland this weekend.” STOP! And let’s see if that’s in our rental property plan. Don’t fall into this habit. As landlords, it’s easy to use the money that comes in your rental […]
As of January 1, 2025, several new laws affecting landlords in California have come into effect, aiming to enhance tenant protections and promote transparency in rental practices. Key changes include: Tenant Screening Procedures (AB 2493): Application Fees: Landlords can charge a potential tenant an application screening fee only if they accept applications in the order […]
Vacancies can be stressful, especially with the risk of squatters gaining access to your property. Unfortunately, squatters’ rights can complicate the eviction process, often taking months and incurring significant costs. As a property management company, we’re here to help protect your investments with simple and effective security upgrades: Kwikset SmartKey Locks and PVC pipes for […]
Are you thinking of selling your investment property and cashing out? Before you do, consider the impact on your profits. According to the Riverside County Assessor’s Office, the average home price in Riverside County for 2023 was $615,000. If you sell an investment property at that value and make a profit of $300,000, failing to […]
So, you’ve decided to hire a property management company. Whether it’s because you no longer have the time to manage, you’ve acquired more properties, or you want someone with a little more experience to handle your property, a property manager can likely help you with your problems. Gone are the days where you’re forced to […]
Do landlords in California have to accept Section 8? Yes, landlords do have to accept Section 8. The Section 8 Housing Choice Voucher program, a federally backed program, is a form of government rent assistance. According to the Housing Authority of Riverside County, pre-COVID, the wait list for housing vouchers was 80,000 applicants. As of […]