Property Management Blog

Currently, there are 43.3 million houses on the market for rent in the U.S. So, it's important that you have a tenant properly screened so that they know exactly what the process is for moving into your property.There are some common mistakes in tenant screening, however. We're here to tell you what they are steps you can take to ...

Under California Law, landlords must allow their tenants to keep assistance animals in a rental property, as long as the animal alleviates the person's disability.The law does not distinguish between an emotional support animal vs service animal of any species.The owner does not require any kind of official documentation to keep their...

Data from the Census Bureau states that over a third of housing units in the US are rented, and the number of renters is likely to increase in the coming years.With so many different tenants in the country, it's important to have a system for narrowing down potential renters. This process is known as tenant screening, and there are a ...

The City of Angels continues to emerge as a growing tech hub in its storied Hollywood history. And with a real estate vacancy rate of 3.5%, perhaps you jumped into America's second-largest metro for significant ROI returns. But you soon learned that there's more to real estate than receiving monthly rent. If you're a Los ...

With almost 60% of people renting in Los Angeles, it's crucial to follow best practices for managing your property. That way, your tenants know what's expected from them and you can set yourself up successfully to collect your payments and keep your finances in check.Want to know how property managers calculate pror...

There're over 311,000 registered property management companies in the U.S. But deciding whether or not to work with a property management company can sometimes be challenging.To make the best decision, you'll need to know the pros of working with one. Property managers help landlords save on time and costs as they take care of the...

Are you an owner or investor in REIT? Either way, you are likely using property management services.Property management services are an excellent way to get your property rented, managed, and operating, which is perfect for homeowners in the Los Angeles region.A big part of working with such services is the property management report they...

So, your property has suffered damage from a tenant beyond normal wear and tear. What do you do?A.) Cover all damages out of pocket?B.) Trust that your tenant will make repairs themselves?Neither of these is a great solution. Tenants don't own the property and most likely won't perform any major repairs. These damages violate...

Thinking of renting out an investment property? If so, the first thing that needs to be done is to ensure that the property is rent-ready. This means addressing your state, county, or city building code requirements, broken or inoperable fixtures, and cosmetic issues that could turn away prospective tenants. If doing it alone, hiring a go...

Owning a rental property comes with many challenges, but few of them are more complex than setting the right rent. Many owners often want to get the highest rent possible from their investment, however forget that it’s the market that often drives the price it will pay. We at Opal Estate Management recommend owners think of the retu...