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Showing posts from March, 2023

Rental Arbitrage vs. Traditional Renting: Which is the Better Investment?

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Real estate has always been a popular investment option, and renting out properties has been a staple of real estate investing for centuries. However, in recent years, a new trend has emerged in the real estate market known as rental arbitrage. Rental arbitrage is a strategy that involves renting out a property on a short-term basis, typically through online platforms such as Airbnb or VRBO, and generating income from the difference between the short-term rental rates and the long-term leasing rates. In this blog post, we will explore the differences between  rental arbitrage  and traditional renting and determine which is the better investment. Traditional Renting Traditional renting is a long-term investment strategy where landlords lease their property to tenants for a period of six months or more. The landlord typically assumes all of the responsibilities associated with owning the property, including maintenance and repairs, taxes, insurance, and utilities. In return, the...

What Did You Need to Know About Evicting Squatters and Trespassers?

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Being a homeowner or landlord can be a difficult job. From managing tenants to keeping up with repairs, it can be hard to manage everything on your own. One thing that you may not have thought about is the possibility of having squatters or trespassers on your property. Can you evict them? How do you go about doing it? Let’s explore what you need to know about evicting squatters and trespassers from your dwelling. An Overview of Squatters and Trespassers in Rental Property Squatters and trespassers are both unwelcome guests in rental property, but understanding the legal difference between them is essential. A squatter is someone who occupies abandoned or unoccupied rental property without permission from the landlord. Trespassers are people who come to properties with permission from the tenant or landlord, then stay after their welcome has worn out. Tenants should be aware that squatters have certain legal rights that cannot simply be ignored. In some places, landlords must serve an ...

A Comprehensive Guide to California Landlord Rights & Responsibilities

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California landlords have several rights and responsibilities when it comes to renting out their properties. Understanding these rights and responsibilities is essential for ensuring that both landlords and tenants are playing by the same rules. In this guide, we'll provide a comprehensive overview of California landlord rights and responsibilities so you can avoid any legal issues in the future. Rights of a California Landlord In California, you have certain legal rights and obligations as a landlord. Here are some of the key rights of a California landlord: Right to collect rent: You have the right to collect rent from your tenants on time and in full. You can also increase the rent once the lease agreement expires or give a 30-day notice to terminate the lease agreement. Right to screen tenants: You have the right to screen potential tenants for their rental history, credit score, income, and criminal background. However, you must comply with fair housing laws and cannot discrim...