Homeowner’s Insurance and Home Warranty Coverage: What’s the Difference?

What’s the difference between homeowner’s insurance and a home warranty plan?  Simply stated, homeowner’s insurance protects homeowners by covering the cost of rebuilding or repairing structural damage caused by a fire, storm, or other natural disaster or calamity. If there is a mortgage, the … [Read more...]

Investors and Dealers

By Fernando Nunez Most real estate investors are aware of the advantages of the “investor” designation on their tax return. “Investor” is indicative of a rentier who parks their wealth, lays back and lives off its income. However, when a property sells, many investors do not weigh the … [Read more...]

Renters Face Affordability Challenges When it Comes to Buying a Home, C.A.R. Survey Finds

Renters face affordability challenges - The value homeownership and want to buy a home but many are encountering affordability and financial obstacles that prevent them from buying, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) 2016 Renter Survey. Making sense of the story … [Read more...]

Legal News Update for San Jose Property Owners

Residential Fireplace Disclosure Bay Area Air Quality Management District (Air District) has adopted amendments to regulations on fine particulate emissions from residential wood burning.  Effective June 1, 2016, the regulation requires anyone who is selling, renting or leasing property in the nine … [Read more...]

More Than Half of Renters Plan to Keep Renting

Majority of Boomers, Millennials and Gen Xers View Renting as More Affordable Than Homeownership MCLEAN, VA--(Marketwired - Mar 16, 2016) -  Despite rent increases and feeling burdened by their finances, 70 percent of renters currently feel renting is a more affordable choice than homeownership, … [Read more...]

Raising the Rent

While reviewing their return on investment (ROI), many property owners think raising rents will improve the bottom line for the upcoming year. It is important to review income and expense figures on a regular basis and stay in tune with the housing market. However, as your property management … [Read more...]

What IS Normal Wear and Tear

If you enter the words “normal wear and tear in rental housing” into a search function in the computer, you will be amazed to find hundreds of articles or references on this subject. Many of them are tenants who dispute that the property owner charged them with damage when it was ordinary use of the … [Read more...]

Landlords DO Have Rights

It often seems that a property owner does not have any rights and that tenants call the shots, the courts only rule in favor of the tenant, and the attorneys end up with all the money. Just look at the multi-million dollar lawsuits that have happened regarding mold, lead-based paint, Fair Housing, … [Read more...]

Who Is Responsible for That Repair?

Maintaining a property is important to any investment and normally the property owner’s responsibility. However, there are times when the tenant could be responsible and that may be difficult to determine. Habitability is essential Even if landlord and tenant sign an agreement in writing that … [Read more...]

The Right Tenant Is Worth the Wait

All property owners look at the return on investment (ROI) when buying or maintaining rental property. The ideal is a positive cash flow, a tax deduction, and an increase in property value. An investor certainly wants to realize all three of these advantages. However, there are times when this is … [Read more...]

The Security Deposit vs. Normal Wear & Tear

If you have 100 property managers in a meeting, the majority will agree that settling a security deposits dispute is one of the more difficult tasks in property management, particularly when it comes to determining “normal wear and tear,” also referred to by some as “ordinary wear and tear.” Why … [Read more...]

BEFORE You Hire a Property Manager Ask Some Important Questions

Picking the right manager for your property is critical. These are the people who will be watching your properties and interfacing with your tenants. The way that they perform is going impact on whether your rental property is efficient and profitable or if it struggles. When you decide that it … [Read more...]

Home Warranties Are They Worth The Cost?

A home warranty, or a home protection plan, is a one-year service contract that covers the repair or replacement of home system components and appliances that may break down.  A home warranty can protect a property owner from unexpected costs associated with covered breakdowns, give access to the … [Read more...]

Why You Should Consider Renting Your Home, Not Selling

Who doesn’t want to move into a bigger and better home? However, that doesn’t mean you have to sell your current home. In fact, it is quite possible for you to get the home of your dreams while generating passive income through your existing home. How is that possible, you may ask? Well, there are … [Read more...]

Homeowners Association & Tenants

HOAs usually have to deal with a lot of problems, most of which are linked to renters. Now there are several ways to deal with these renters, which include banning them outright, limiting their number or letting them live as they wish. However, the fact is that HOAs have no direct authority; the … [Read more...]

Property Insurance 101 – Everything You Should Know to Insure Your Property

Owning real estate - be it as an investment or a personal residence - comes with a list of responsibilities. One of those responsibilities is property insurance. Sadly, most landlords don’t understand how insurance coverage works, which is why they end up getting the wrong type and dollar value of … [Read more...]

Bedbugs – Negligence That Can Literally Come Back to Bite You

Property owners invest heavily in renovating and adding furnishings and fixtures to make sure of reeling in tenants and keeping them hooked. However, though everything may seem fine to the naked eye, there’s always a chance that something too small to be spotted immediately is lurking around waiting … [Read more...]

Tips to Help You with Deciding on the Rent of Your Property

If you’re a property owner, then you without doubt must want to set the rent rate at an amount that makes you most money. Sadly, in this competitive world of real state, tenants have the freedom to choose their apartment or property according to their liking, so you should act wisely while setting … [Read more...]

Things Tenants Will be looking for In Your Property

As a property owner, you have to know that when people are looking for a place to call home, they will want it to have certain features. If you, as a landlord, were to implement these features into the property, you will be able to attract a lot of tenants. So, here are some of the most important … [Read more...]

Renting to Tenants in the Section 8 Program

Metro Property Management is a full service real estate management company which specializes in residential properties in Santa Clara County of California. Often, we are asked by our clients if they should rent to Section 8 tenants. There are many benefits and challenges for owners wishing to … [Read more...]