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Diversify Your Real Estate Investment Portfolio in Palm Springs
To protect your wealth and earn more on the real estate investments you’re making, you have to diversify your portfolio. This means different things to different investors. For some, it means branching out into both residential and commercial property. Maybe it’s buying both single-family homes and multifamily properties. For other investors, diversifying means financing acquisitions…
Read MoreHow to Competitively Price Your Rental Property
What do you think your Palm Springs rental property is worth to tenants? You might have an idea of what you think you should earn in rent every month. But, that’s not always what you’re going to earn. You have to be realistic. The market will be the dominating factor in how you price your…
Read MoreHow to Manage Your Palm Springs Property From Afar
Working with a professional Palm Springs property management company is always a good idea for investors at any level. Whether you’re renting out just one home or an entire portfolio, partnering with a management company allows you to avoid expensive mistakes. You can leverage the experience of a property manager and earn more money on…
Read MorePalm Springs Landlord’s Guide to Handling Difficult Tenants with Ease
As professional Palm Springs property managers, we know that we’re doing more than managing rental homes. We’re also managing the tenants who occupy those rental homes. That’s not always easy. We’re often called upon to resolve conflicts and mediate disputes. We are required to hold tenants accountable while maintaining good relationships, and we also need…
Read MoreHow Proper Paperwork and Rental Agreements Protect You and Your Investment Property
Keeping your paperwork organized is certainly not the most exciting part of owning a rental property. It’s kind of tedious, actually. But, it’s also important. Property paperwork and rental agreements will protect you and your investment property. The right documentation will ensure you’re compliant with all laws and regulations. If you’re renting out a Palm…
Read MoreThe Importance of Compliance Inspections | Palm Springs Property Management
At Xepco Properties, we conduct compliance inspections every six months at the rental properties we manage. We believe this strikes an ideal balance between protecting the privacy and space of your tenants and ensuring that your property is in good condition. What are you looking for during a compliance inspection, and why do they matter? …
Read MoreThe Fair Housing Act: What California Landlords Should Know
If you’re a landlord who is renting out a property in Palm Springs or anywhere in California, your attention to fair housing laws is critical. This is a state with a lot of tenant protections. In fact, the state fair housing laws are stricter than the federal laws. You need to know these laws because…
Read More10 Eviction Mistakes to Avoid at All Costs
Evictions can be tricky: One wrong move, and you can wind up making embarrassing or costly mistakes that delay the eviction and disrupt your income stream. Unfortunately, landlords and property managers tend to make the same mistakes–and pay the price–time and time again. In order to avoid dealing with an eviction in the first place,…
Read MoreRent Collection in Three Easy Steps
At the core, rental owners are in the rental business because they want rental income. If tenants don’t pay their rent, rental owners don’t get paid and they may have to initiate costly and time-consuming evictions. Property management professionals know that the method used to collect and process monthly rent impacts whether tenants make on-time rent…
Read MoreRed Flags to Look Out For When Showing Your Home to Potential Tenants
In this article, we are going to go over some essential steps that have to take place as well as some red flags to keep an eye out for during the showing process. Although it may seem excessive, your property investment is worth going the distance for. Managing a property can be difficult…
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