RECENT BLOGS

5 Tips to Getting Your Full Security Deposit Back

Thursday, February 27, 2020 - 12:00AM

When leasing a residence, there is a natural flow to the business exchange between the tenant, landlord, and property manager. There are thousands of ways a tenant and their landlord can interact, most of them amicable, but the biggest dispute in the home leasing industry is the security deposit. This is an amount given to the landlord when a lease is signed that should be returned in full when the tenant moves out, as long as the property is in the same quality as it was at the beginning. Most landlords are cool about this but there are always a few bad eggs who try to bilk their tenants with false claims of damage. If you're about to lease a new property and want to get your security deposit back in full, you can keep everything friendly and above board with these five simple steps:

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Topics: How to Get Your Security Deposit Back

The Advantages and Disadvantages of Leasing

Tuesday, February 25, 2020 - 12:00AM

The time has come for you to find your own place to live. You've lived with your parents for the first 18 years of your life then moved to a dorm room at college or maybe shared an apartment or house with other students but now its time for you to decide on living accommodations for yourself. Should you continue to rent/lease or should you consider buying your own home? You have secured a pretty good job after college and are in a position to buy but should you? There are advantages to both buying and leasing. The trick is figuring out which mode of living suits you and your financial situation the best. Here are some advantages and disadvantages to consider when making your decision:

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Topics: Rental home, rent versus buying

Property Managers Explain Investor Advantages at Tax Time

Tuesday, February 25, 2020 - 12:00AM

 

Real estate investors leverage their rental homes as a simple and easy way to make money. But it’s not that monthly rent check that really matters to the long-term real estate investors with rental properties in San Diego County, California. With homes appreciating rapidly, investors think about how real estate investments affects their financial situation at tax time. Owning a rental property in a hot rental market such as San Diego County gives investors short-term passive income as well as long-term gains when it's time to sell. People who fall within certain income guidelines claim rental losses of up to $25,000 that directly reduce taxable earned income as long as they participate in landlord decisions. To minimize gains from a home tax perspective, it’s prudent to use all the legal deductions and capital cost allowances.

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Topics: investment property, Real estate investment, tax reductions

Property Managers: Tips to Find Good Tenants

Thursday, February 20, 2020 - 12:00AM

Whether you are a landlord or a property manager, it is important to find the right type of tenants. If you can find ones who will move in and stick around, as well as take care of the apartment or property, you will be lucky. Unfortunately, there are many that struggle to pay their rent and continuously wreck the place. For this reason, you should work hard to find the right ones – the ones who make your life much easier!

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Things to Think About When Renting To Those With Pets

Tuesday, February 18, 2020 - 12:00AM

Whether or not you decide to allow renters to have pets is a person decision. Though, it may also be a business one, since you can charge more for every apartment that has pets. However, there is a greater chance for damage because animals can be destructive, especially younger ones.

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Topics: Rental Tips, Pet Damage, renting with pets

Things to Consider When Choosing Renter’s Insurance

Monday, February 17, 2020 - 12:00AM

http://blog.hometeampm.com/renters-insuranceMany people don’t get renter’s insurance because they don’t really see a reason for it. They don’t own anything that is worth any money so they don’t want to spend money every month just to protect their cheap furniture and other accessories.

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Topics: Leasing tips, renter's insurance, renters

Leasing Your New Place as a Stepping Stone Toward Home Ownership

Thursday, February 13, 2020 - 12:00AM

After graduating from high school, a technical college, university or graduate program, you likely feel excited about getting your own pad as an independent career person. Leasing a new place is a good first step toward eventually owning. Unless you have generous and wealthy parents, few people have a high enough credit score or the down payment money needed to buy a home just out of school. When you find a home with the help of a reputable property management company, you don’t need to worry about maintenance. Also, it’s simple to make your monthly payments on-line or discuss any complaints about neighbors. Making your rental payment on time every month helps build your credit history while teaching you good money skills. Also, leasing your new places is a practice run at home ownership. In some situations, you will find it’s better to continue to rent versus buying. Leasing gives you greater flexibility. According to an article by Metro.com, some experts call millennials part of “generation rent.”

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Topics: rent versus buying, investment property, homes to rent in San Diego

3 Property Maintenance Tips for Preventing Long-Term Water Damage

Tuesday, February 11, 2020 - 12:00AM

Your property is a long term investment. Whether you live in a home you own or rent homes to others (often both are true), your investment loses value when water damage is allowed to build over time, and can often result in costly repairs and dangerous mold growth. Fortunately, with the right mindset toward property maintenance, you can catch leaks early and prevent any nasty consequences from perfectly normal water getting where it shouldn't. Your best bet is to perform regular inspections and repair any signs of leaking immediately before there is a chance for long-term damage to occur. These three tips will give you a good idea of where leaks start, how to identify them, and what to do if you find one.

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Topics: preventative maintenance, Maintaining a property, residential property maintenance

5 Apartment Friendly Pets that Never Touch the Floor

Thursday, February 06, 2020 - 11:55AM

There have been many discussions about how wise it is to keep pets in apartments. Dogs take a great deal of care and even the most attentive owners still have to clean up a mess. Cats, lauded as they are for apartment living, still leave copious amounts of fur in the carpets and occasionally puke or hack up a hairball. However, for the pet owner that doesn't need a lot of snuggly mass, there are dozens of possible pets that never need to touch the ground. Terrarium, aquarium, and cage pets can have a wonderful time in apartments because their own homes are so much smaller. If you're considering buying yourself a little animal companionship for your apartment dwelling lifestyle, here are five potential options that could keep you company without wrecking the carpets.

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Topics: pets, responsibilities of pet owners, owning a pet, pets in apartments, renters with pets

How Dedicated Property Maintenance Saves You Future Headaches

Tuesday, February 04, 2020 - 12:00AM

A dedicated property manager not only collects rents and finds qualified tenants, but also handles the property maintenance so you don’t experience deep landlord losses. Neglecting a property often leads to long-term damage that isn’t easily remedied. Some DIY landlords feel compelled to rush in and throw away leftover pizza, clean up stains or frantically vacuum before their tenants remove home. Although they have good intentions, DIY landlords violate privacy and trust in what is a professional relationship. On the other hand, a professional property manager takes care of major and minor maintenance concerns for better tenant satisfaction and lower turnover.

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Topics: San Diego Property Management, Maintaining a property, professional property manager

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