Repurposing Office Spaces: A Winning Strategy for Savvy Landlord
Welcome, landlords and real estate enthusiasts! Today, we have an exciting topic that can help you make the most of the booming real estate market in Los Angeles and Orange County. With remote work becoming the new norm and the traditional demand for office spaces changing, there’s a golden opportunity to repurpose these spaces creatively.…
Read MoreHow Long Should I Wait Before Lowering My Rent Asking Price?
Owning rental homes is extremely rewarding, but there are many problems property owners run into along the way that can be obstacles to success. One thing that can be discouraging for homeowners is watching the days pass by without seeing any interest in their rental property. There could be various reasons why you can’t find…
Read MoreWhat Is Dead Equity?
Did you know that if you own a rental property, you might have lots of money just sitting there, waiting to be used? Many of our clients have more than $400,000 in equity. Some investors call this “dead equity.” But don’t worry, because we’re here to tell you all about it and how you can…
Read MoreAccessory Dwelling Units (ADUs): A Complete Overview
Are you a homeowner or property investor looking to maximize your property’s potential? In this blog, we’ll explore the world of Accessory Dwelling Units (ADUs) and uncover their hidden value. Discover how ADUs can increase rental income, provide housing options, and enhance property value. Join us now and unlock the power of ADUs! Welcome to…
Read More1031 Exchanges Explained
https://youtu.be/7cdKAwhJOfg Today we will explore the 1031 exchange, a powerful strategy that allows investors to defer capital gains taxes and maximize their investment returns. Let’s get started!” First, let’s understand the basics. A 1031 exchange, also known as a like-kind exchange, allows investors to sell an investment property and reinvest the proceeds into another…
Read MoreCan I pick my own tenant?
I want to know who’s living in my property. Can I pick my own tenant? Many property owners are concerned about picking the right tenants. It’s understandable, you want to protect your investment. However, what some investors might not understand & really should be aware of is that there are certain laws and regulations you have…
Read MoreMoving Out? Have your home cleaned & Get Paid for outdated items
It has come to my attention that a lot of property owners who are entering the Golden Years of their life, are now heading either to Florida or just downgrading to an easier way of living. Whatever the move might be, I have seen a lot of homes with a lot of, lets just say,…
Read MoreHow we Evaluate your Property to get the Most Rent
Today I would like to address the process of how we evaluate your property in order to get the most rent for it. In today’s market, you have to keep in mind that when Covid 19 lockdowns took place, caps on raising the rent on many properties did too. So it seems, a lot of the…
Read MoreProperty Management Statements Explained
How do property management statements work? I’m Kyle at TrueDoor Property Management. I’m going to explain how to understand the statement for your rental property. Each property management company will be using different software, but most statements work the same way. Our company uses the Appfolio software system and I’ll be showing you statements from…
Read MoreShould I rent out separate rooms?
Should you rent out each room individually, or rent the entire house to one family? You are going to see a lot of YouTube videos out there saying how profitable it is to rent out the rooms in your rental property to individual renters, instead of renting the property to one party or family. Doing…
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