California isn’t always the first place that real estate investors think of when they’re looking to grow their portfolio of rental properties. Prices are high, and the perfect opportunity seems like it’s hard to find. It’s true that housing prices are higher in California than anywhere else. If you’re willing to invest for the purpose of watching your assets increase in value, however, this might be the best place to buy your next rental property.
Sunburst Properties is a professional property management company in Roseville, and we have a lot of experience working with owners, landlords, tenants, vendors, and community partners. When we talk to rental property owners who are thinking about working with us, we tell them about all the great things we can do for their rental property, from leasing it to great tenants to maintaining its condition.
At Sunburst Properties, we like to share some real-world stories about how we manage properties and respond to emergencies. Today, we have another post in our Stories from the Field series, and we hope you enjoy it. Mike’s story is not something you want to experience at your own rental property. But if you do, you know we’re here to help.
As a professional property management company, we can tell you what we do for our owners, or we can let our property management team members share some experiences with you that show you what we do for our owners.
There are many unexpected mistakes that landlords can easily make, and those mistakes often end up costing more than the price of a good property manager. This is something to consider if you’re self-managing and worried about your ROI.
As a landlord, you’re going to be responsible for much of the wear and tear that occurs at your rental property. When you’re determining how much you’ll need to spend and when you’ll need to spend it, it helps to know the average lifespan of particular items and systems.