When one tenant moves out and another is waiting to move in, you have some work to do in preparing your Los Angeles rental property. Hopefully, your departing tenant left the property in reasonably good shape and there are only some minor issues to take care of before it’s ready for...
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Property Management During COVID-19
Join us for a discussion between Michelle Vaakil of EGL Properties and Kiran Dhillon, Broker-Associate at KW Commercial on how to choose a property manager, how COVID-19 has affected rent growth and vacancies, and best practices for owners. https://youtu.be/ewLLSi8nntM Kiran Dhillon, SIG...
Top 5 Considerations Before Converting Your Current Home Into An Investment Property
We know that deciding to rent out your Los Angeles property is a difficult decision, and when you’re choosing between putting it on the sales market or the rental market, you might find yourself going back and forth a lot. This is normal and understandable, and you should give yourself time to...
Should You Rent Out Your Home Or Sell It When You Relocate?
Los Angeles is one of the best places in the world to live, but if you have the opportunity to move on and try something else – congratulations. Go do the thing, whether it’s a new job or a new school, or a decision to buy an RV, and wander at random. Maybe you’re retiring to a low-maintenance...
Why Should HOAs Seek Help From Professional Los Angeles Property Managers?
At EGL Properties, we have a lot of experience working with HOAs who need support dealing with homeowners and the day-to-day activities of their communities. We understand the time requirements and hassles that volunteer Boards have to deal with, and we do a great job of making things run more...
How to Determine the Value of Your Rental Property in Los Angeles
It can be difficult to establish the correct rental value for a Los Angeles property, especially when owners believe they can charge whatever is required to cover their monthly mortgage, taxes, and insurance expenses. You have to be realistic. The market drives rental value, and overpricing your...
A Los Angeles Landlord’s Guide | Emotional Support Animals vs. Pets
Fair housing laws are always changing in California and nationwide, and tenants or applicants with disabilities are protected by those laws. Protecting the accommodations that these residents need now includes service and support animals, which are protected accommodations under the Fair Housing...
Los Angeles Property Management Solutions for Downsizing Your Home
If you’re in the process of downsizing your home for retirement and trading in your larger property for a low-maintenance condo or a smaller house in a better location, you’ll face the decision of what to do with the home you’re leaving behind. Maybe you’ve inherited a property from a parent or...
Managing a Joint Investment Property in Los Angeles | What You Need to Know
Joint ownership is an excellent option for investors and owners who want to pool their resources and buy a rental property together. In California, most married couples will have joint ownership over any real estate that’s owned. Fractional ownership is when two or more co-owners have an...
What Los Angeles Landlords Must Know About Tenants | Part 3: Tenant Evictions
https://youtu.be/gm_ndTa5gz4 The eviction process is time-consuming and expensive. We are incredibly thorough with our screening process, but sometimes tenant circumstances change. They lose a job or have a health crisis, and they fall on hard times that are out of their control. Or, we inherit a...