Blog Posts By Date: March 2021
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Photo by Sora Shimazaki from Pexels
Rental Property Owners face many risks and exposures, and some are not aware of what their insurance covers specifically. Many Rental Property Owners do not have coverage for what they should, which accounts for millions of dollars in uninsured claims each year. more...
Nationally respected business recommendation website, Expertise.com, scored 178 Property Management companies in San Francisco and 31 Property Management companies in Concord — so far, we technically rank #1 on both lists in 2021! We also received this award last year in San Francisco, and both lists were recently updated on March 12th and 17th, 2021 — giving us a great sign that our hard work is not going unnoticed!
Expertise makes it easy to find the best local experts in your area. Their proprietary research and selection process identifies the top service professionals in over 200 different industries in major cities across the United States. Expertise features are only objectively quantified, and qualified professionals hand-picked by their selection process and research to understand what’s important when searching for experienced and professional companies. more...
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Prop 19 frees up inventory while providing tax savings for seniors, homeowners with disabilities, and wildfire victims — here are the ways it helps:
Tax Savings For Senior Homeowners:
Thanks to Prop 19, seniors, retirees, and all homeowners aged 55+ can move closer to family, medical care, or to a home that better meets their needs anywhere in California without a tax penalty. Prop 19 removed unfair location and price restrictions. That allows senior homeowners to transfer the tax base of their home to a new property. more...
03/12/2021
5 Major COVID Effects After One Year
Photo by August de Richelieu from Pexels.
It was one year ago that the World Health Organization declared COVID-19 a pandemic and changed the world. Here are some of COVID’s profound effects on the Real Estate and Mortgage Industries:
1. Interest Rates:
Even though rates have increased about 1/2% over the last few months, they remain about 3/8% LOWER than where they were last year at this time on average. That is because rates dropped about 1% in response to the COVID crisis, and the Government’s intervention before started to climb. more...
03/10/2021
Everyday Tips to Curb "Zoom Gloom"
Photo by Andrea Piacquadio from Pexels
As people spend more time on their computers and mobile devices than ever before, many have experience tech fatigue. The concept has been around long before the pandemic outbreak, but it has become mainstream. more...
The rental market is very competitive, but fortunately, there are a few things you should do to give your property the edge! Aside from the glaring essentials such as gas, electricity, and hot water, as a property owner, it is prudent to make sure that the property has proper flooring, solid quality blinds, and reliable appliances.
Not only will this help you to draw in more potential tenants, but it will also allow you to increase the monthly yield. The initial investment will be worth it. more...
03/05/2021
How Much Should Your Down Payment Be?
If you’re planning to buy a new house, a big part of that is saving for a down payment. Your down payment is the money you put down when you close on a mortgage. Lenders will often describe down-payment in terms of percentages. A down payment represents what you initially own when you buy a home. Then, the remainder comes from your lender.
The standard is often referred to as 20%, but is that the reality? Paying a 20% down payment may make you feel like ownership isn’t attainable for you, but is that truly how much you have to or should pay? more...