When to lower the rent asking price

Hi rental property owners. When should you lower the advertised rent price on your rental property? My name is Kyle here at TrueDoor Property Management. We lease hundreds of properties a year and have anywhere from 10-20 rentals being advertised at any given time. What if you are looking for a tenant, but nobody is…

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How to Market a Rental Property

Hi property owners! Today I’m going to show you how to market a rental property. We lease hundreds of properties a year. Fortunately, there’s a high demand for housing in Orange County. Low supply and a lot of people have made a great market for rental properties. That doesn’t mean you can just throw up…

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Can I charge above market rents?

Can you get above market rent for your rental property? We all want to get the most money from our rental property. As investors, we look for ways to maximize our profits. When it comes to rental property, you can get above market rents, but it should align with your long term investment strategy.  Most…

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City of Irvine forgoes property taxes on rental apartments

The city of Irvine Forgoes property taxes to convert 1,000 plus units to middle income housing. So what does that mean to the average person?  Sam Fernley here with Truedoor property management, creating content for property owners and realtors here in southern California.  So what does foregoing property taxes to convert 1,000 plus units for…

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Balcony law for rental properties

Own a property with a balcony? The new balcony law could cost you thousands of dollars after you buy it! Sam Fernley here with TrueDoor property management, creating content for property owners and realtors here in southern CA. California enacted two balcony laws, Senate Bill 721 in 2018 and SB 326 in 2019. Buildings with…

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2022: Rents are Up!

Great News property owners, rental prices are on the rise!!! Sam Fernley here with TrueDoor Property Management creating content for realtors and property owners here in Southern California. Rental prices keep going up up up and up, while the inventory is dwindling down down down and down. If you are on the bubble about renting…

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SB 1190: Victim Tenants can Break Lease

 SB 1190 is a Bill that was produced and passed to allow Tenants that are victims of a crime the right to walk away from the lease agreement at no additional penalty.  Existing law authorizes a tenant to notify the landlord that the tenant or a household member, was a victim of an act of…

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How to Find a Tenant while Living at your Rental

Hi rental property owners. Can you find a tenant while living at the property? You are a property owner that is moving out of your home or condo and want to keep it as a rental. Good move!  Should you start looking for a tenant now? Or, should you wait until you have moved out?…

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When to Start Looking for a Tenant

Hi rental property owners. When should you put your rental property on the market and begin looking for a tenant? In this article I break down the answer into 3 points that affect when to start marketing the rental. The condition of the property. Should you put your property up for rent while you’re still…

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How Much Rent can I Charge?

How much rent should you charge the tenant at your rental property?   Today I talk about the strategy to price a rental property, how to find the market price by reviewing comps, and when to make price adjustments. We all want to know how much rent will that investment property get!  Let’s talk about…

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