3 Reasons to Conduct a Tenant Background Check in Merced, CA
By Chosen Property Management Sunday, January 21, 2024
With lower living costs than many other major California cities, Merced is a fantastic place for renters and landlords. Indeed, its cost of living is about 2.5 times less than San Francisco's!So, if you have Merced real estate you wish to rent out, you'll likely have many...
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Maximizing Rental ROI with a Rental Analysis in Merced, CA
By Chosen Property Management Sunday, January 14, 2024
In California, the average real estate investor's salary is over $95,000 per year. Experienced investors can make up to $187,500 annually.If you're new to real estate, you might not know the full scope of work. It starts with a rental analysis to determine profitability. ...
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How to Create a Tenant Portal for Your Properties in Merced, CA
By Chosen Property Management Sunday, January 7, 2024
In the rental property industry, 12-month leases are the most common. However, tenants tend to stay in one place for 24 months before moving on.Lease renewals are advantageous for landlords who want to keep good tenants and avoid the costs that go into filling vacancies. To keep ...
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How to Keep Great Tenants in Your Merced, CA Investment Property
By Chosen Property Management Thursday, December 28, 2023
Each time a tenant's lease ends, you have to worry about marketing the property, screening tenants, and vacancy costs. What if you could keep your perfect renters instead? With proper leasing management, you can increase renewals to save time and money.Here are a few tips you...
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By Chosen Property Management Thursday, December 21, 2023
Imagine your favorite tenant (the one who never complains and always pays on time) moving out. Their vacancy will leave you without a source of income. You'll need to spend money marketing the property and screening applicants.Before that happens, use these tips to boost leas...
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How Often Should a Landlord Inspect Rental Property in Merced, CA?
By Chosen Property Management Thursday, December 14, 2023
Owning rental property in Merced, CA comes with its set of responsibilities, and one crucial aspect is conducting regular inspections. The frequency of these inspections is a topic that often perplexes landlords. Striking the right balance is essential to ensure the property'...
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Do Property Managers Pay for Repairs in Merced, CA?
By Chosen Property Management Thursday, December 7, 2023
The general rental property maintenance rule of thumb is to budget 1% of the property's value for annual maintenance. If a rental has a value of $250,000, spending at least $2,500 a year in upkeep is likely.If you are a property owner who works with a rental property manageme...
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What Are the Landlord Responsibilities to Neighbors?
By Chosen Property Management Tuesday, November 28, 2023
Around 55.5% of California residents own homes, while many of the rest rent. As a landlord, you can make a good living by renting your units to individuals who need rentals.However, landlords have many responsibilities to tenants. One is providing livable housing.In addition, the...
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How to Become a Landlord With No Money in Merced, CA
By Chosen Property Management Tuesday, November 21, 2023
It's astounding that there are over 14 million landlords throughout America.Are you dreaming of becoming a landlord but don't have a chunk of money to invest in properties? It's still possible to become a landlord with no money down in Merced.Would you like to know ho...
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What Are the Common Qualities of Bad Landlords in Merced, CA?
By Chosen Property Management Tuesday, November 14, 2023
Around 48% of Merced residents are renters.This means that the demand for great landlords is high. The unfortunate news is that some bad landlords have made the rental industry harder for everyone else.What are some bad landlord qualities that you should be mindful of? Read on so...
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