Los Angeles Property Management Blog

Redfin Uses Insights from HomeRiver Group

PF Admin - Wednesday, March 22, 2023

Check out the recent Redfin article that HomeRiver Group's RVP Alex Goldthwaite was quoted in:Rental housing laws are in place to protect both landlords and tenants throughout the rental relationship. Whether the apartment is in Baltimore, MD, or Tacoma, WA, both pa...

3 Key Factors to Include in Your Rental Application Approval Process

PF Admin - Tuesday, February 21, 2023

As apartment demand in SoCal goes up, landlords keep getting more rental applications to sift through. So how do you find the right one?The answer is simple: have a reliable rental application approval process. In general, processing an application can take a few hours to a few d...

3 Things to Look for in a Tenant Reference Letter

PF Admin - Tuesday, February 7, 2023

According to an article published by the PPIC, California has the second-lowest rate of homeownership in the United States. This is good news for prospective rental property investors. Yet, renting your property to tenants can pose considerable risks. These include unpaid rent a...

How to Accurately Price Your Rental Property

PF Admin - Thursday, January 19, 2023

Becoming a landlord is an exciting time in your life. You can earn passive income and boost your retirement savings. However, being a property owner also comes with challenges. This is especially true right now.Rent prices fell in 2022 on a year-over-year basis. One of the few ti...

5 Property Marketing Tips to Help You Find Tenants

PF Admin - Thursday, January 5, 2023

In 2019, around 36% of the nation’s 122.8 million households rented their homes. Despite there being so many renters, however, finding and keeping great tenants can be challenging for a landlord.If you need to fill a vacant property, you'll need to learn how to become a...

4 Benefits of Hiring a Property Management Company

PF Admin - Thursday, December 22, 2022

Investing in rental property is an exciting business opportunity, though becoming a landlord does also come with its share of responsibilities and tasks. In many cases, the best decision a landlord can make is to partner with an experienced property management service.In thi...

Rent Collection: What to Do If Your Tenants Don't Pay

PF Admin - Thursday, December 8, 2022

Nearly 80% of rental properties are owner-managed, while the rest have property managers running them. Managing your properties helps you save money, but it also leaves you with headaches, stress, and problems.One of the top problems landlords face is rent collection. As a result...

Evictions: The Most Common Eviction Myths That You Probably Never Knew

PF Admin - Friday, November 18, 2022

There's no denying that owning rental property is a great investment.It can also be stressful. After all, managing your property and dealing with tenants can sometimes feel like a full-time job. This is especially true when it comes to the need for tenant evictions.Every rent...

The Top 5 Tenant Screening Mistakes To Avoid

PF Admin - Friday, November 4, 2022

Did you know that around 36% of the population in America rents rather than owns their homes?Even though tons of people rely on rentable homes, not all tenants are created equally. If you want to get the most out of your real estate business, then it's crucial to take te...

The Importance of a Tenant Background Check Explained

PF Admin - Friday, October 21, 2022

Around 16% of renters fall into the category of "perma-renters." These renters tend to stay in their houses for many years, continually renewing their leases when they expire.Landlords like tenants like this, as they bring their tenant-turnover rate down. But how do you...

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