Landlord Mistakes that Cost More than Management Fees!
Self-managing landlords often think they’re saving money by taking care of their own rental property. They think because they’re not paying a management fee, they are increasing their ROI. However, there are many mistakes that landlords can easily make, and those mistakes can be expensive, especially if they’re going against the landlord-tenant law. In fact, […]
Managing Your Own Rental: What’s Next?
If you’re thinking about managing your rental property on your own, you need to be prepared for everything that’s involved. First – Prepare Your Property This means figuring out exactly what you have to do to the home to make it ready for the rental market. You need to hire the right people to get […]
How to Attract Long-Term Tenants
As a landlord, you will inevitably deal with tenant turnovers, but they shouldn’t happen frequently. Tenant turnovers are something to be avoided. It can mean additional marketing costs and maintenance expenses. Aside from getting your property rent-ready again, you suffer a loss in income. If you aim to be a profitable rental, your goal is […]
The Benefits of Renting to Tenants with Pets
California landlords will agree that the subject matter is one that is often an issue of contention. Most landlords shy away from tenants with pets since they consider the animals a liability to their investment. They only envision scratched wooden floors, torn carpets, and chewed furniture. On the flip side, a significant amount of Californians […]
How to Draft a Solid Lease Agreement
If you want your rental business to run smoothly, you will need to prioritize drafting a sound lease agreement. Leases are binding contracts between the landlord and the tenant. It clarifies the policies, conditions, rights, and responsibilities of the two parties. Having a solid rental agreement also protect the interests of the landlord, especially when […]
How to Successfully Advertise Your California Rental Property
Having a great advertising and marketing strategy will help you attract potential tenants, reduce your vacancy period and earn a higher ROI on your property. To help you implement an ideal advertising strategy, the team at Archer Management Group is here to offer some of our tricks that have worked wonders over the years. The […]
Best Areas to Invest in Temecula
Are you looking to invest in Temecula, CA real estate? Temecula ticks all the right boxes when it comes to being an ideal investment location for real estate. Among other things, it’s a tourist magnet and has affordable real estate, a diverse demographic, and a relatively low cost of living. Also, California is generally a […]
Top Tips When Buying Investment Property in Temecula
Are you thinking of buying an investment property in Temecula, CA? Rental property investments are a great financial opportunity. Owning an investment property means you have a ready source of monthly passive income. You can then build your property portfolio and reach your goal of financial freedom. Temecula is an ideal market to invest in […]
Should I Have my Realtor Manage My Rental?
If you are considering using your Realtor as a property manager for your rental home, you need to make sure that they are qualified. The question isn’t really whether or not they should manage your property; it’s whether they have the knowledge and experience to manage your property. The main part of a real estate […]
Legal Mistakes Every Inexperienced Landlord Should Avoid
If you thought being a landlord only involves collecting rent from a home you own, making repairs, and renewing leases, then this article is just for you. It is typical to underestimate the job if you have never been a landlord. Becoming one can be anyone’s biggest dream, but investing in rental property while untrained […]
