“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, one should consider the “whole” […]
Posts by Ron Sudman
Chances are, you've been receiving those all-important calls from potential tenants, eagerly inquiring about the pet policy for your property. The recent APPA National Pet Owners Survey revealed that 66% of American households own a pet. Among this furry and feathered majority, a staggering 45% are dogs. Drawing from my extensive 35+ years in the property management […]
The temperature is skyrocketing, and just when you least expect it, your worst nightmare becomes a reality – the AC decides to take a vacation! This is no laughing matter in sunny Southern California, where the sun can turn up the heat to a blistering 100 degrees plus during the summer. But hold your phone, […]
Are you a novice landlord, ready to dip your toes into property rental? According to Investopedia on A Quick Guide to Landlord Insurance, “Rookie landlords, renting out a residential property (house, vacation cottage, apartment), may assume that their Homeowners Insurance will cover all the costs in the case of a natural disaster, accident or other […]
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 […]
Your renter didn’t pay this month, or maybe it has been a couple of months, what do you do now!? No need to panic, with this detailed guideline you’ll be prepared to navigate the eviction process and plan for the attorney fees incurred in an unlawful detainer case. Over the last 40 years, Management One […]
Today is the day you move into your new home! Before you can do that, you have to sign your rental agreement or lease and get the keys to your home. A rental agreement is legally binding, and its purpose is to protect both the resident and the owner and/or property management company. Let’s be […]
Starting a project to improve your home, boost your property's value, or fix things can be exciting. But finding a reliable contractor can be tricky. How do you ensure you pick the best one to arrive on time and charge a fair price? The answer is simple: do your homework. It's like having a map […]
Starting a project to improve your home, boost your property's value, or fix things can be exciting. But finding a reliable contractor can be tricky. How do you ensure you pick the best one to arrive on time and charge a fair price? The answer is simple: do your homework. It's like having a map […]
Picture this: It's the 10th of the month, and there's a missing piece in the puzzle of your day. Like a mysterious disappearing act, the resident's rent payment has yet to make its grand entrance. You've tried it all – the calls, the texts, the emails – heck, you've even put up a 3-day notice […]
Catalina Cherries, Woolly Bluecurls, and Bright Blue Sage?! Do you want a unique look for your home or rental property? Landscaping can be long and tedious, and picking out the right plants for the right cost can be tough. But we all know that a beautiful yard can attract a lot of good things for […]
Central Orange County refers to the area in the county between the Northern and Southern Coastal regions. It includes cities such as Santa Ana, Orange, Garden Grove, Fountain Valley, Tustin, and Westminster, mostly midsized landlocked cities just a few miles from the Pacific coastline. Homes in the area are less expensive than those on the […]