Riverside Property Management Blog

Injury, Disability, Death: Are you protected from Financial Ruin

Wednesday, October 5, 2022
A resident getting injured on your property is serious business. Something simple like a hand railing on the stairs came loose, and the resident fell down the stairs. Or a resident tripping on the uneven concrete driveway.This topic isn’t just for people who own rental properties; it can also be applied to your private residence. Su...

The 8 Best Neighborhoods in Riverside, California

Tuesday, September 13, 2022
Riverside is a large city offering many different neighborhoods featuring single-family homes, condos, and luxury lofts. Whether you are a history buff strolling through historical sites and museums, or the outdoorsy type looking for beautiful hiking areas, Riverside and its surrounding areas have it all for you.With all the different nei...

Selling VS Keeping Your Rental Property: Generate Wealth

Monday, August 8, 2022
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 ea...

1031 Exchanges: What you don’t know will cost you THOUSANDS

Tuesday, April 5, 2022
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 10...

Should I Hire A Property Management Company?

Thursday, December 2, 2021
Deciding to hire a property management company 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 a...

DIY Home Repairs vs Using Property Management Contractors

Wednesday, November 3, 2021
Can I, as the homeowner, do my own repairs during a vacancy?Over the last 10 years, I have been asked this question almost daily. Most investment owners feel they can save money if they DIY repairs during a vacancy. There tends to be a stigma that property management vendors are more expensive. Most homeowners feel that they can get bette...

Who Pays For What When A Tenant Vacates

Friday, September 3, 2021
"Why do I have to pay for those repairs when the resident moves out?” “Why aren’t they responsible for those repairs?”  These questions are ones that we are asked daily by current landlords. And to be honest, it really boils down to what the courts or even the judge on that given day will allow.  As ...

Single or Multifamily Rental Property: Which Investment Is the Right One for You?

Wednesday, July 28, 2021
“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, on...

Landlord Insurance Policies: Are You Covered?

Sunday, February 28, 2021
One of the things that I am constantly preaching to new clients and existing clients is “make sure you have the proper insurance in place”. Not all insurance policies are created equally, a homeowner's insurance policy is not the same as a landlord policy, and a landlord policy is not the same as a renter’s insurance...

Security Deposit Dispute: What to Do When You Receive One

Friday, January 29, 2021
Owners and residents often have questions regarding security deposit refunds. The questions often center around the actual deductions noted on the security deposit breakdowns. Thus, the dreaded security deposit dispute.Here at Management One, we must walk a fine line between both the homeowners and the residents. Both sides feel entitled ...

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