Rental Property Accounting Best Practices for Merced Landlords
By Chosen Property Management Sunday, February 4, 2024
Almost half of all homes in Merced County are occupied by renters. As a Californian landlord, it's in your best interest to have tenants who will stay for the long haul. This is one way you can ensure a successful and profitable real estate venture.Are you wondering what else...
More +
Understanding Lease Enforcement in Merced, CA: What You Should Know
By Chosen Property Management Sunday, January 28, 2024
There's so much paperwork involved in real estate, no matter what side of things you're on. That's especially true for new rental real estate investors. How do you ensure you're managing things correctly?So if you're diving into the world of Merced property in...
More +
3 Reasons to Conduct a Tenant Background Check in Merced, CA
By Chosen Property Management Sunday, January 21, 2024
With lower living costs than many other major California cities, Merced is a fantastic place for renters and landlords. Indeed, its cost of living is about 2.5 times less than San Francisco's!So, if you have Merced real estate you wish to rent out, you'll likely have many...
More +
Maximizing Rental ROI with a Rental Analysis in Merced, CA
By Chosen Property Management Sunday, January 14, 2024
In California, the average real estate investor's salary is over $95,000 per year. Experienced investors can make up to $187,500 annually.If you're new to real estate, you might not know the full scope of work. It starts with a rental analysis to determine profitability. ...
More +
How to Create a Tenant Portal for Your Properties in Merced, CA
By Chosen Property Management Sunday, January 7, 2024
In the rental property industry, 12-month leases are the most common. However, tenants tend to stay in one place for 24 months before moving on.Lease renewals are advantageous for landlords who want to keep good tenants and avoid the costs that go into filling vacancies. To keep ...
More +
How to Keep Great Tenants in Your Merced, CA Investment Property
By Chosen Property Management Thursday, December 28, 2023
Each time a tenant's lease ends, you have to worry about marketing the property, screening tenants, and vacancy costs. What if you could keep your perfect renters instead? With proper leasing management, you can increase renewals to save time and money.Here are a few tips you...
More +
By Chosen Property Management Thursday, December 21, 2023
Imagine your favorite tenant (the one who never complains and always pays on time) moving out. Their vacancy will leave you without a source of income. You'll need to spend money marketing the property and screening applicants.Before that happens, use these tips to boost leas...
More +
How Often Should a Landlord Inspect Rental Property in Merced, CA?
By Chosen Property Management Thursday, December 14, 2023
Owning rental property in Merced, CA comes with its set of responsibilities, and one crucial aspect is conducting regular inspections. The frequency of these inspections is a topic that often perplexes landlords. Striking the right balance is essential to ensure the property'...
More +
Do Property Managers Pay for Repairs in Merced, CA?
By Chosen Property Management Thursday, December 7, 2023
The general rental property maintenance rule of thumb is to budget 1% of the property's value for annual maintenance. If a rental has a value of $250,000, spending at least $2,500 a year in upkeep is likely.If you are a property owner who works with a rental property manageme...
More +
What Are the Landlord Responsibilities to Neighbors?
By Chosen Property Management Tuesday, November 28, 2023
Around 55.5% of California residents own homes, while many of the rest rent. As a landlord, you can make a good living by renting your units to individuals who need rentals.However, landlords have many responsibilities to tenants. One is providing livable housing.In addition, the...
More +