The average salary of a real estate investor is around $123,000 a year. This can vary depending on what type of California Bay property you pour your assets into.Tenant placement is also a factor. If you don't thoroughly screen potential renters, you may lose more money than ...
Leasing-Only Service vs Property Management: Which Should You Choose?
By Mike Barbanica Thursday, September 14, 2023
Over 70% of small rental properties are owned by individuals, meaning "mom-and-pop" situations are very common. While it can be rewarding to handle everything on your own as a landlord, it can quickly become stressful and overwhelming.The good news is, there are third-p...
The Most Common Rental Property Accounting Mistakes California Bay Area Landlords Make
By Mike Barbanica Thursday, September 7, 2023
The state of California has the 4th-highest rent in the United States today. If you're a real estate investor trying to grow your revenue or income, this is an excellent state for you to set up shop.However, greater rent prices mean you must also handle your accounting so tha...
Property maintenance costs are almost always much cheaper than emergency repair costs. As a landlord, it makes sense to do as much maintenance on your investment as possible.A lot of this maintenance is only possible or necessary during the summer months. So what kind of tasks sh...
A California Bay Area Landlord's Guide to Security Deposits
By Mike Barbanica Sunday, August 20, 2023
The dream of property investment can quickly unravel when faced with a damaged property by a careless tenant. Fortunately, there is much you can do as a landlord to protect your house and your money.One standard step is using a security deposit at the start of each new tenancy.Th...
The Pros and Cons of Allowing Pets in a Rental Property
By Mike Barbanica Sunday, August 13, 2023
Around 38% of households own a dog. As a landlord, whether or not you should allow these pets in your properties is a serious dilemma. So what exactly are the biggest pros and cons of pets in a rental property? This article highlights some of the most significant factors you need...
How to Properly Evict Tenants in the California Bay Area
By Mike Barbanica Sunday, August 6, 2023
Eviction rates are rising in California after a lull in the numbers during the peak of COVID. If you are a landlord facing a tenant issue, this guide is for you.We'll help you navigate California's eviction rules and help you stay on the right side of the law. Read on to ...
What Rental Property Inspections Should You Complete as a Landlord?
By Mike Barbanica Sunday, July 30, 2023
Forty-four percent (or nearly 17 million) of Californians rent their home. Rental property inspections are crucial to ensuring your property is safe for rental. Sometimes, tenants can damage your property, which can cost you money in repair costs.Landlord rental inspections, move...
Real estate investing has long been a lucrative business. Unfortunately, many property owners have learned over the last two years that it comes with risks.The pandemic has had a massive impact on many people’s lives. As part of the Treasury’s Emergency Rental Assista...
How to Become a Real Estate Investor in California
By Mike Barbanica Sunday, July 16, 2023
California homeownership rates are the second lowest in the country, according to the Public Policy Institute of California, which means many people are looking to rent rather than buy. You can realize the dream of becoming a real estate investor in California real estate in just...