Property Management Blog

3 Smart Ways to Manage Owner Disbursements in Irvine, CA

According to ZipRecruiter.com, the average landlord salary in the United States is $86,748 annually. However, in Irvine, California, landlords make more: a staggering $93,686, on average, yearly!Wouldn't it be nice if you could generate that much income as a new landlord in I...

Irvine, CA, Section 8 Housing: Key Insights and Benefits

In 2024, the federal government set aside $32.8 billion toward the housing choice voucher program, also known as Section 8 housing. This program is administered by the Department of Housing and Urban Development and managed by local public housing authorities across the country.T...

Understanding the Vacancy Rate Formula for Properties

The U.S. rental vacancy rate is hovering around 6.90% according to recent data -- ouch, that's a big number! This means a lot of properties are sitting empty, waiting for tenants. As a property owner or investor, this statistic should make you sit up and take notice.It's ...

What Is Real Estate Portfolio Management?

There are so many reasons to invest in real estate. From tax advantages to almost guaranteed portfolio growth, it is easy to see why investors gravitate toward real estate as an ideal way to grow their wealth.As you put together your real estate portfolio, you may be wondering ho...

3 Red Flags in Tenant Applications

With evictions hitting a ten-year high in Orange County last year, it's more important than ever to find and keep quality tenants.To help protect your investment, here are three major red flags to watch for with tenant applications.1. Inconsistent Employment HistoryIf a prosp...

Understanding Vacancy Rate: A Landlord's Guide

With over 98,362 rental units in Irvine, the vacancy rate stands at 4.0%, according to census data analyzed by Rate, Inc. But what does that number mean for your property's bottom line? The answer lies in understanding what is vacancy rate and how it directly impacts your ren...

What Do Irvine, CA Landlords Need to Know about Security Deposits?

Imagine you're a landlord in sunny Irvine, CA, where your rental property is a prized investment. But what happens when a tenant moves out and there's damage, unpaid rent, or excessive cleaning costs?Understanding security deposits is crucial if you're a landlord in I...

How to Manage Landlord Stress in Irvine, CA

Over 50% of Americans say mental health is a top concern (via data supply company Ipsos). Without proper time management, landlords aren't the best at avoiding stress. Excessive stress can affect your physical and mental well-being, especially if you're managing a rental ...

Mastering Lease Negotiations: Tips for Favorable Terms in Irvine, CA

In Irvine, CA, mastering lease negotiations could be your ticket to maximizing value. The truth is, knowing how to deal with the complexities of an Irvine property lease is invaluable.This guide is packed with essential rental negotiation tips and tenant negotiation advice, desig...

Guide to Maintaining and Repairing Commercial Properties in Irvine, CA

With commercial spaces shifting from remote to in-office collaboration, businesses are returning to their offices in droves. As this occurs, maintenance and repairs in those spaces are about to skyrocket as people enact regular wear and tear on the buildings. Do you know wha...