by HCM Property Management | May 12, 2023 | Owner Education, Property Management Education
Tenant retention is inevitable for the growth of your rental business. It reduces the vacancy and turnover rates and unlocks the door to steady income for your retirement plan. Plus, it is easier to keep your existing renters than to look for new ones and fritter away...
by HCM Property Management | Apr 28, 2023 | Owner Education, Property Management Education
With the growing rental competition in Irvine, you cannot risk your rental business by behaving unprofessionally with your tenants. If you want to retain them in the long run and generate high ROI, it is vital to keep your tenants happy and satisfied. A promising way...
by HCM Property Management | Apr 14, 2023 | Owner Education, Property Management Education
Finding the right tenant for your rental property is a lengthy process and requires you to consider several factors. It is not enough for your house to be attractive, full of amenities, and functional. It also needs to be visible to the right home-hunters. That is...
by HCM Property Management | Mar 31, 2023 | Owner Education, Property Management Education
A vacant property can be a source of financial distress for you as a landlord, especially if you are dependent on the rental income for your other expenses, like mortgage payments. The vacancy rate in Orange County averaged 2.2% in the fourth quarter of 2021, which is...
by HCM Property Management | Mar 17, 2023 | Owner Education, Property Management Education
Collecting security deposits for a rental property is an essential process as the deposit covers the cost of damage done to the property by the tenant. The State of California decides the amount to charge as a security deposit. It also requires the leasing parties to...
by HCM Property Management | Mar 3, 2023 | Owner Education, Property Management Education
Renting to your relatives is never a good idea, especially if you value the relationship you have with them. Part of your job as a landlord is to hold tenants accountable for paying rent on time, maintaining the property, and following the terms of the lease...
