As a Sacramento property owner, navigating the rental market can be both exciting and daunting. One crucial decision to make is determining the optimal lease length for your properties. In this comprehensive guide, we’ll delve into the intricacies of lease lengths, explore the benefits of different options, and highlight how Real Property Management Select can […]
At Real Property Management Select, our mission is to empower property owners like you to achieve maximum success with your investments. In this comprehensive blog post, we’ll delve into our annual investment review process, a cornerstone of our proactive approach to property management. Before your tenant’s lease expiration date approaches, we prioritize scheduling a […]
Property depreciation holds significant potential for real estate investors seeking to optimize their tax strategy. Understanding this concept is essential for maximizing tax benefits and increasing cash flow. In this blog post, we’ll delve into the intricacies of property depreciation, explore its tax advantages, and unveil how investors can leverage this knowledge to their advantage. […]
Efficient rent collection is crucial for landlords to maintain cash flow and ensure the financial stability of their rental properties. In today’s digital age, implementing streamlined rent collection processes, including online payment options, can significantly simplify the payment process for tenants and landlords alike. In this blog post, we’ll explore the importance of efficient rent […]
Late rent payments are a common headache for landlords, causing financial strain and frustration. In this blog post, we’ll delve into the challenges landlords face with late payments and showcase how Real Property Management Select offers solutions to streamline the process. The Headache of Dealing with Late Payments: Late payments disrupt cash flow, creating financial […]
As insurance premiums rise, property owners must understand how economic conditions and natural disasters impact the insurance market. These insights offer practical guidance for real estate investors in a dynamic, unpredictable market. Why Did My Premiums Go Up in 2023? Several factors contributed: Extreme weather events: Areas prone to frequent extreme weather events and natural […]
Property management is a critical aspect of real estate investment, impacting both profitability and peace of mind. Let’s explore the numbers and statistics behind why entrusting your property to a management company can lead to increased rental income compared to self-management. Vacancy Rates: – Properties managed by professional management companies typically experience lower vacancy rates. […]
Millennials, often dubbed the “renter generation,” face a unique conundrum in the real estate landscape. As the largest demographic cohort in history, their housing choices hold significant implications for the market. Let’s delve into the numbers and insights behind why many Millennials prefer renting over buying. Financial Flexibility: – 70% of Millennials cite financial flexibility […]
In the dynamic realm of real estate, the question of whether to seize the moment or bide one’s time looms large. The landscape has undergone seismic shifts, particularly in the wake of the pandemic, with home prices soaring and mortgage rates dancing to their own tune due to economic fluctuations. As prospective investors ponder their […]
Are you considering allowing pets in your rental properties but unsure about the implications? Here are some compelling reasons why you should embrace pet-friendly policies: Increased Interest and Applications: With approximately 70% of Americans owning pets, allowing pets into your rental properties can significantly increase interest and the number of rental applications. This can […]