If you are thinking of renting out your property or considering selling it outright, you may be hesitant to hire a property management company. To avoid fees of your monthly earnings, many homeowners prefer to self-manage their property. However, working with a professional can prevent unpredictable expenses later. Whether it's a lease with loopholes, a rental license, or costly repairs, hiring a property manager can prove to be a worthy investment. And when you own property in Los Angeles, you have more reasons to work with a property manager than you may think right now. Here are the reasons you should hire a property manager and how they can help you save some significant cash. Let’s find out:
Read MoreReal estate bubbles are like long-term ripples from a stone thrown in a pond. They take a little while to “hit”, as it were. It’s like an echo, or the “BOOM” from a firecracker. If you’re on a hillside a mile off from where a fireworks display is, the loud percussive sound of explosion that hits your ears will take a little while to get to you. You’ll see the flash first. It’s just the same with lightning. Also, with real estate markets. Things that impact global economies take a little while to hit real estate markets owing to the time necessary for a sale to take place
Read More