Posts by Ron Sudman

The cold hard truth is that most of you are incredibly underinsured on your landlord policies. Over the last three months, I’ve personally been involved in several “alligator” cases within the company. An “alligator case” is a major issue such as a roof leak that leads to mold issues. During this time, I discovered that […]

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 […]

Don’t do it…..Picture this for just a minute…You just received a notice from your resident that they are vacating after six years and you know your rental property is going to have some hefty repairs. Then the resident moves out, and either you or your management company does an inspection, and you find out you're […]

Deciding to hire a property manager 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 and aren’t sure what […]

 Ron Sudman, CEO of Management One Property Management and Creator of the "Single-Family Home Retirement Strategy" He brings a remarkable program to grow wealth via Real Estate. He teaches you from start to finish how to start with one property and take it to the number of properties that fit within your goals. If […]

One of our landlords recently asked me, “Why were we allowing roommate situations in our properties?” Said owner went on to ask if we thought the rental market was changing so there would be fewer “families” living in homes and more roommates or blended homes. I thought for a moment and said, “yes, we are […]

AS with the homes we live in ourselves, property repairs to a rental property are inevitable. Whether to do these repairs yourself or to choose to use your property manager's Contractors is an important question.  It's an income property afterall: How do you esnure you maximize the income generated while preserving property value? Let's take […]

Having proper insurance is essential for ensuring you have maximum protection against any significant unforeseen events. Horrific events such as your rental property catching on fire, flooding, vandalism, or other damage by the resident. During the last 35 years of business, Management One has seen it all the above and worse. I feel it my […]

*** 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. […]

Do you remember the Clint Eastwood movie, “The Good, The Bad, and The Ugly?” Some landlords equate renting to residents on Section 8, a Federally backed program, the same way. It can be useful, and it can also be not so good and very time-consuming. But yes, you do have to accept it. The Section […]

Is Losing A Good Resident Worth It? Let me share with you a real-life situation that happened at Management One. First call to our office: It all started on April 26, 2019, the Resident called in a repair for the Air Conditioning unit. This property has a Home Warranty, so we issued a work order […]

Are you managing your own property? Getting calls in the middle of the night because there is a broken water pipe in the laundry room? Tired of your resident paying their rent late, month after month? Not really sure what to do or how to turn your existing resident over to a management company? One […]