For most landlords, property maintenance can be one of the most frustrating aspects of owning a rental property. It’s not just about the hassle of coordinating repairs or scheduling vendors—it’s the financial impact. With rising contractor costs, inflation in materials, and increasing liability risks, maintenance expenses can quickly erode your cash flow if not managed […]
Posts by Ron Sudman
Founder of Management One, Ron provides the vision and guidance for the Company and is responsible for all of the systems currently in use today by current licensees. As a Real Estate Professional, he saw a need for property management and began managing several homes for clients in the Inland Empire of California back in 1983. Ron’s proven track record of innovation and success in creating a company starting with the management of just 1 property to well over 1,000 properties led him to develop professional and successful systems that have resulted in the establishment of Management One Systems.
"Title vs. Policy": Why Your Named Insured Must Match Who Holds Title (and How Landlords Lose When It Doesn’t)
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This is general information, not legal advice. Always consult your insurance professional and attorney. Management One is not a Licensed Insurance company or agent. A Case That Just Happened — and Why It Matters to You It happened again—and it could happen to any landlord who hasn’t checked their insurance paperwork. Recently, a Management One […]
Service Animals & ESAs vs. Insurance Companies: What Prevails When the Animal Is a Restricted Breed?
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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, […]
Use a 1031 Exchange with IRS: What You Don’t Know Could Cost You Thousands
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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 […]
A $30 Device That Could Save a Life—And $25 Million
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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 […]
Section 8 Housing: Are Landlords Required to Accept It?
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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 […]
Avoid losing $40,000 like one landlord did.
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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 […]
Safeguarding Your Investments and Home: Five Key Strategies
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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 […]
The 5 Secrets to Always Have Money To Pay For Repairs or Vacancies
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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 […]
New California Landlord Laws: What You Need to Know
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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 […]
Secure Your Rental Property and Save on Turnover Costs with a Smartkey Lock and PVC Pipes
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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 […]
Mastering 1031 Exchanges: How to Defer Taxes and Build Real Estate Wealth
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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 […]
