Property Management Blog

When marketing your Torrance rental home, pricing your rental should undergo an analytical process. You might have an amazing rental unit, a great advertising strategy and a perfect location, but if the price isn’t optimal, you’ll still find your rental home vacant.Setting an accurate price will help attract tenants to your To...

As a landlord, you may be tempted to manage your property yourself. While this can work well, there are some considerations you should make. You must know what you're obligations are as a landlord regarding your property and your tenants. With that in mind, we at Pinnacle Property Management have listed out the essential duties o...

When collecting rent from your California rental home, you have several options. Some are better than others, but it's important to weigh all factors before deciding which one is best for you. To make your decision easier, we at Pinnacle Property Management have gathered all the relevant information regarding different rent colle...

Part of managing a rental unit means delivering safety to your renters and having safety measures set up to protect your tenants.No tenants will want to live in a unit where they feel their safety is compromised. That’s why it’s best to protect your rental home and investment. Safety should always be your priority. I...

As a landlord, you should always collect a security deposit from a tenant when they are first moving in. Security deposits are refundable at the end of a rental or lease term. However, you can also withhold a tenant’s security deposit to cover for things like unpaid rent or repair costs for tenant-caused property damages.That said, ...

The real estate industry has its own jargon that's used to communicate conditions, performance, and other critical elements about properties. As a new real estate investor, you should familiarize yourself with some of the terms you're likely to come often across on your investment journey. This will help you be more conf...

Great tenants gravitate toward great landlords. This is one of the factors that contributes to a successful rental investment. It therefore pays to know how to be an excellent landlord and grow your rental business.Good landlords are generally mindful of the needs of their tenants. If you recently purchased new real estate and are thinkin...

Since 2020, California now, for the first time, has a statewide rent control law. Rent increments have now been capped at a maximum of 5% per year. The Tenant Protection Act of 2019, also known as Assembly Bill 1482, is meant to ensure that landlords don’t raise rent exorbitantly. This Act was passed because of rising poverty r...

To attract tenants to your Torrance rental property, you need a solid marketing strategy. But if you’ve been doing all you can and still find it hard to land tenants, or you suffer from a high turnover rate, then you can consider rent concessions. Defining Rent ConcessionsRent concession refers to landlords making a compromise to t...

The 1031 tax-deferred exchange gets its name from Section 1031 of the Internal Revenue Code. It makes it possible for real estate investors to avoid paying capital gains temporarily. Generally, the sale of property attracts capital gains tax, amounting to as much as 30 percent! So, if you sell a property valued at $300,000, the capit...