by Pat Garvey | Jul 14, 2015 | Remote Control Landlord, RMC Chapter 12
Making the Decision to Sell The reasons why a property owner may decide to sell a rental property include: wanting to buy a different investment, cashing in on the appreciation of a rental property rather than accumulating money through rent, minimizing the cost of a...
by Pat Garvey | Jul 14, 2015 | Remote Control Landlord, RMC Chapter 11
How to Estimate the Current Value of your Property Perhaps you are considering selling your property, but want to do so at the right time to get the best price. Even if you decide that you are not ready to sell now, it’s good to do an annual check to see how the...
by Pat Garvey | Jul 14, 2015 | California Nightmares, Remote Control Landlord, RMC Chapter 10
Bears and Earthquakes and Rent Control, Oh My! Earthquake Preparedness An earthquake is the sudden, rapid shaking of the earth, caused by the release of sudden and extreme energy due to the shifting in the Earth’s crust. Earthquakes in populated areas may cause...
by Pat Garvey | Jul 14, 2015 | California Nightmares, Remote Control Landlord, RMC Chapter 9, Uncategorized
California is the land of dreams, from Hollywood to Silicon Valley. But for landlords, sometimes its a different story. California Vastness California’s coastline stretches over 1,000 miles, and the state population exceeds 38 million. Whether you prefer owning...
by Erika Luitjens | Apr 28, 2015 | Evicting Tentants, Remote Control Landlord, RMC Chapter 8, tenants
The Eviction Process Eviction…you didn’t want it to come to this. But sometimes, there is no other way. If you find yourself in this position, follow these guidelines: Step 1 – Written Notice In order to start the eviction process, the landlord must...
by Erika Luitjens | Apr 28, 2015 | Remote Control Landlord, RMC Chapter 7, tenants
Resolving Disputes You would be unrealistic to assume that renting nice property to an accomplished, responsible tenant will result in a problem-free rental period. Potential tenant problems may involve: Disputes among multiple tenants or with other neighbors Rental...
by Erika Luitjens | Apr 28, 2015 | Remote Control Landlord, RMC Chapter 6, Uncategorized
Rent payments are cash flow. Any interruption of that income stream could have dire consequences. The good news is, you can take some simple steps to protect yourself. Always include a clause in your rental agreement clearly noting the monetary penalty amount...
by Erika Luitjens | Apr 28, 2015 | Money management, Remote Control Landlord, RMC Chapter 6, Uncategorized
Don’t let yourself get swallowed up in the financial details of property management. Follow these guidelines to maximize your income potential and minimize your tax bill. Embrace Your Inner Geek Landlord Ther are many effective and inexpensive online bookkeeping...
by Erika Luitjens | Apr 28, 2015 | Money management, Property Management, Remote Control Landlord, RMC Chapter 6
California law limits you to asking a maximum of two months’ rent if the apartment is unfurnished. If the apartment is furnished, however, you can request up to three months’ rent. While there are certain security deposit rules that govern the state of California as a...
by Erika Luitjens | Apr 2, 2015 | Property Management, Remote Control Landlord, RMC Chapter 5
Sellers of real property must disclose known defects and deficiencies in the property—including earthquake weaknesses and hazards—to prospective buyers in accordance with Civil Code, Section 1102. The California Seismic Safety Commission has developed the following 2...
