Riverside Landlords, Do You Know the Difference Between Wear and Tear and Tenant Damages?
After a move-out, if you’re left with a long punchlist of repairs to get the home ready for the Riverside or Inland Empire rental home market, it’s crucial to know what can and cannot be charged back to a security deposit. Contrary to what you might have heard, you can’t just blanket-charge a vacating tenant…
Read MoreYour New Investor Dashboard Helps You Keep Track of Your Riverside CA Rental Property Performance
Investing in rental properties is among the best and most accessible ways to create wealth. But how do you know if your assets are working for you or against you? The numbers tell the story. You just need to know how to read those numbers. Dream Big Property Management makes it easy for its Riverside…
Read MoreThe 5 Profit Centers of Rental Homes
When talking about rental homes, most people focus on the two most common financial measures: Cash flow and appreciation. But did you know there are actually FIVE profit centers in residential rental properties? And they all can help investors build generational wealth for themselves and their families: APPRECIATION: In California, we are all aware…
Read MoreRiverside, CA, Among Most Attractive Cities for U.S. Renters
The City of Riverside is now among the most desirable for renters, in the wake of increased home prices and elevated mortgage rates, according to a recent report. RentCafe, a nationwide apartment-search website, measured the most popular cities in the country for renters in November and found that two California cities leaped into the top…
Read MoreRiverside, CA, Sees Biggest Move Toward Rent Affordability, Study Shows
Rents for homes in Riverside, Calif., made the greatest strides toward affordability, according to figures from the Realtor.com July Rental Report. Renters in the Inland Empire city with a typical household income spent 33.9 percent of their monthly paycheck on the typical rental property in July 2023, the report showed. That number exceeds the prescribed 30…
Read MoreRental Rip-offs Spike; Real estate fraud losses near $400M, FBI reports
Rental home scammers took more than $396 million from unsuspecting victims in 2022, according to the Federal Bureau of Investigation. Last year, more than 11,700 people were taken for the losses in real estate scams compared with $213 million in 2020, according to the FBI Internet Crime Complaint Center. The number of victims decreased 14…
Read More7 Tips for Landlords to Reduce Property Insurance Premiums
Insurance prices, like everything these days, are going through the roof. And that is contributing to the weight bearing down on rental home investors trying to stay profitable in a high-inflation economy. But here are a few steps you can take to reduce your costs and keep your margins as high as possible: Bundle Your…
Read MoreInvestors Favor Buy-and-Hold Rentals over Fix-and-Flip
More than half of real estate investors plan to buy more properties and keep them as rental homes, according to a recent survey of investor attitudes. The Spring 2023 Investor Sentiment Survey by RCN Capital revealed that 53 percent of investors were targeting rental homes vs. buying to renovate and resell. “The National Association of…
Read MoreInland Empire Apartment Renters Face Moderate Competition
The Inland Empire of Southern California is moderately competitive when it comes to finding an apartment to rent, according to data from RentCafe.com, an online nationwide apartment listing service. The I.E. region — which includes such cities as Riverside, San Bernardino and other communities between the metropolitan areas to the south and west and the…
Read MoreRental Housing Platforms, Several States Join Biden Administration Efforts to Tackle Rental Housing ‘Junk Fees’
Several of the largest rental housing platforms and state governments have taken steps to rein in excessive, surprise fees being charged to tenants, after the Biden Administration and the U.S. Department of Housing and Urban Development in March issues demands for more transparency.
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