So, you’ve just become a rental property owner in Anaheim. If you did everything right, you’re now on your way to earning passive incomes for generations to come. That said, owning a property is one thing, managing it is another. And how you do the latter can make all the difference in how it performs. The following are a…
As part of the landlord-tenant laws in California, landlords are required to treat their tenants with respect and fairness. Enacted by Congress in 1968, the goal of the Fair Housing Act is to eliminate housing discrimination when it comes to the renting and buying of homes. Mortgage lenders are also not an exemption. If you are a landlord and…
A squatter is someone who takes up residence in someone else’s property. Usually, such a property is either abandoned, foreclosed, or unoccupied. And without having lawful permission, a squatter will live in such properties rent-free. In California, a squatter has rights and can own property by adverse means if they meet certain requirements prescribed under the state’s Adverse Possession…
Are you looking for new investment opportunities? Real estate investing is a very fruitful option! Investing in California can be a little intimidating since it’s viewed as being relatively expensive especially for new investors. However, the benefits of real estate investment keep attracting new investors daily. California offers high rental rates and also has some of the highest return…
Are you thinking of buying an investment property in Anaheim, CA? When you decide to invest in real estate, you allow yourself to enjoy financial growth in the future. Taking the steps to buying a rental property will open you up to additional and steady earnings every month. You can even further increase your wealth portfolio using this strategy….
A lease agreement spells out the responsibilities of both the landlord and the tenant. It’s a legal document that binds the signing parties to its terms for a certain period. So, when your California tenant breaks it, you may be able to hold them liable both financially and legally. Generally speaking, most tenants who sign a lease agreement intend…
Landlords in California have a right to evict their tenants for violating the terms of the lease agreement. For example, failing to pay rent or causing damage exceeding normal wear and tear. California, just like other states, has a detailed tenant eviction process. Landlords must abide by it to the letter for the process to be successful. Engaging in…
No law in California requires a landlord to collect a security deposit. That being said, landlords do have the right to require it from their tenants before lease signing. That’s because security deposits offer protection against a myriad of potential liabilities. If a tenant, for instance, fails to pay…
In California, a lease agreement can be oral or written. Once signed, it gives both parties certain rights and responsibilities. A tenant is entitled to rights such as the right to live in a habitable property, to privacy, and to be treated fairly. Their responsibilities include consistent rent payment and maintenance of their rented premises. As a landlord, you…
Tenant screening can make or break the success of your rental business. You want to choose a tenant that will observe reasonable care over your property. Someone who pays the rent on time and can live in harmony with their neighbors or other tenants. But how do you find someone with these qualities? Our effective tenant screening guide…
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