Renting your home can be smart in a slow real estate market. If you are a Temecula Murrieta area homeowner frustrated about the slow housing market, you’re not alone. Many homeowners who put their homes on the market are quickly realizing that there is a lack of serious buyers, and are looking for an alternative to sitting and waiting for their homes to sell.  Instead of drastically reducing your asking price and spending money to advertise your home for sale, why not rent? What if you could use this slow real estate market to your advantage and capitalize on the soaring rental market?&nb ..read more

Here we’ll cover some aspects of handling evictions after the moratoriums. Evictions are one of the hardest parts of owning property, both financially and emotionally. Even if you are evicting nightmare tenants, the time, energy, and money it takes to rid them of your property can take a toll on any landlord. Now, we have the extra obstacle of navigating evictions after a season of eviction moratoriums.   We’ve put together a basic guide to help landlords navigate the eviction process after the 2020 moratoriums, so they can legally evict tenants that shouldn’t be in their property anymore ..read more

Competitive rental home pricing is one of the most important decisions you’ll have to make about your investment property. Some investors are emotionally tied to the property, or just want to make as much money as possible, and price their property far above their competitors. Others are looking to quickly fill vacancies and think under-pricing their property is the way to go. Both scenarios send red flags to renters and make renting out a property even harder. The key to strategic rental pricing comes down to the current state of the rental market, your specific location, and the quality of t ..read more

The 2023 Southern California rental market forecast can be a bit unpredictable. The best way to predict future behavior is by analyzing what happened in the past and where we’re at today. Last year, interest rates stayed high which slowed down the sales of investment properties in Southern California. There was a brief period of time last year where the interest rates stayed steady and there was a peak in home sales in December. According to the California Association of Realtors, “Home sales have fallen for 17 straight months year over year, and it was the fourth time in the last five months ..read more

Benefit National is the best choice for Temecula Property Management. One of the most important decisions you will make as a property owner is who you will hire to manage your property. When you reach the point in your investment journey where you don’t have the time, energy, or resources to effectively hand over the day-to-day responsibilities that come with owning a property, hiring a property manager is one of the best business decisions you can make.   But not all Temecula property management companies are created equal. In your search for the best one, it’s critical to your financial ..read more

The keys to a solid tenant landlord relationship in Temecula Murrieta are many but simple. Successful property investors know that the key to a profitable investment is a “people first, property second” mindset. Building professional relationships with other investors, property managers, contractors, and tenants will set you up for long-term success. One of the most important things an investor can do is continually work to build solid tenant/landlord relationships based on trust, communication, integrity, and professionalism. Here are the five keys to a solid tenant-landlord relationship: &nb ..read more

2022 is a midterm election year, which means, all 435 seats in the House of Representatives and a third of Senate seats are up for grabs. Will these midterm elections have an effect on rental prices? Historically, the party in power loses representation in Congress, which could mean we are in for a shift to the right. So what could a Republican surge mean for real estate? Midterm Elections Can Effect The Direction Of Economics & Rental Prices To get a better idea about how mid-term elections impact rental prices, we first have to start with real estate appreciation and growth. In areas whe ..read more

Having a strong property advertising campaign can help maximize rents in Temecula. Owning a rental property in Temecula means juggling a lot of responsibilities. There’s the acquisition of property, the routine and emergency maintenance, the tenant screening processes, the contracts, understanding the taxes and legal side of the investment, and the process of building a healthy tenant-landlord relationship. And then on top of all of this, investors also have to create and manage a strong advertising campaign to attract high-quality renters. Whether you do it yourself or hire a management compa ..read more

Utilizing a Murrieta property manager can increase your profitability. Owning an investment property in Temecula, Murrieta, or the surrounding area is all about balancing income with expenses. Rental properties require continued maintenance and regular expenses to turn a profit. Many seasoned owners have learned that the most cost-effective way to achieve a balance and make a profit is by enlisting the help of a professional property management company. Can you handle all of the elements of owning a rental property on your own? Sure. Will it require a significant amount of your time and energy ..read more

Will inflation affect my Temecula rental home investment? Everyone and every industry has been impacted by Covid in some way, and our economy is still reeling after two years of shutdowns and uncertainty. Landlords, property management companies, real estate investors, and even average home buyers and sellers are wondering how the lingering impacts of the pandemic will affect them. One of the economic aspects everyone is keeping an eye on is inflation and wondering how it will impact rental home investments. What Is Inflation? Inflation is the increase of goods or services over a period of tim ..read more