How Often Should a Landlord Inspect Rental Property? Landlords conducts inspection to ensure the property is in good condition and to see if any maintenance is needed. Another common reason is to make sure it’s in a safe and habitable state. Many landlords conduct annual inspections, so if you want Read more…
2024 Best Neighborhoods to Live in San Jose According to Niche, below are the best neighborhoods to live in the San Jose area West San Jose Campbell Almaden Valley Cambrian Cambrian Park Rose Garden Willow Glen Silver Creek Valley Berryessa North Valley Santa Teresa Evergreen Burbank Blossom Valley East Foothills Read more…
Following the lead of states like Oregon, Texas and Washington, the California state legislature recently passed a law, effective January 1, 2024 that allows accessory dwelling units (ADUs) to be sold or conveyed separately, as condominiums, from the primary residence if certain conditions are met. Under AB1033, to establish an Read more…
Property taxes can greatly affect your cash flow as a real estate investor. Below is a breakdown of the 10 states with the lowest property taxes in the U.S. Hawaii – 0.27% Alabama – 0.39% Nevada – 0.48% Colorado – 0.48% Idaho – 0.49% Arizona – 0.51% Utah – 0.52% Read more…
The following top 10 markets, according to Realtor.com, will be the best places to buy a home in 2024, meaning the ones with the biggest gains in sales and price growth. Toledo, Ohio Oxnard/Thousand Oaks/ Ventura, California Rochester, New York San Diego/Chula Vista/Carlsbad, California Riverside/San Bernardino/Ontario, California Bakersfield, California Springfield, Read more…
Here are a few more reasons why it’s vital to have a preventative property maintenance plan: Increased property value Reduced costs Satisfied residents Fewer surprises Kong Property Management Group provides property management and leasing services to the greater part of Silicon Valley. We specialize in single-family homes, condos, townhomes, duplexes, Read more…
California to limit security deposits to 1 month’s rent Calif. governor Gavin Newsom signed Assembly Bill 12 by Assemblymember Matt Haney. AB12 goes into effect on July 1, 2024 which will limit security deposits to 1 month’s rent. According to Haney, this would stop the practice among certain landlords to Read more…
Ways Online Rent Payments Benefit Property Management Companies and Residents Save time and money Eliminate time-consuming accounting processes and reduce errors Make more informed business decisions Protect sensitive resident information with more secure systems Promote rent payment accountability Streamline communication and transparency Boost efficiency with automated payments Give residents more Read more…
Ways to avoid renting to problem tenants Collect the right information on tenants applications Use screening Credit check Kong Property Management Group provides property management and leasing services to the greater part of Silicon Valley. We specialize in single-family homes, condos, townhomes, duplexes, as well as apartment buildings. Based in Read more…
How Many Rental Properties Do You Need to Be Able to Retire? Here’s the general formula: The monthly amount needed for retirement ÷ The cash flow per rental property = The number of rental properties you will need Remember: Cash flow = Income – Expenses For example, Kate needs to Read more…