Property Manager Shares Advice for Your First Rental Property - New Landlord Tips!

When you first buy a rental property, you become a business owner and a real estate investor. It's important to learn how to become a good landlord or hire a good rental property manager. Today we're sitting down with Tyler Mehl with Belmont Shore Land Company to learn more about the ins and outs of managing a rental property in Southern California. How to contact Tyler Mehl (Belmont Shore Land Company): https://belmontshoreland.com/contact/ 0:00 - Intro 0:55 - Is it necessary to hire a property manager? 2:53 - Is hiring a property manager entirely hands-off? 3:34 - Can I use a vendor or service of my choice? 4:11 - Does hiring a property manager take my liability away? 5:28 - Are there more or fewer vacancies nowadays? 6:52 - Have rental prices ever dropped? 9:53 - How to deal with tenant evictions? 11:52 - Are tenants still paying their rent? 12:44 - Where is the best place to advertise rental listings? 15:02 - How do you properly turn down an applicant? 15:48 - What questions to ask when interviewing applicants? 17:13 - What are the most common repair requests? 18:05 - How to make sure that plumbing is in good shape? 19:37 - What to do when tenants want to make repairs or renovations? 21:06 - What to do after purchasing a rental property? 24:06 - How to deal with a tenant doing Airbnb rentals? 25:26 - What are the different types of management fees? 27:52 - Why do property management companies have bad reviews? 30:12 - How to increase the rental value for tenants? 34:09 - Final Takeaways #propertymanagement #realestateinvesting #realestate -------------------------------- Juan is a Licensed California Real Estate Broker that has acquired his Certified Commercial Investment Member (CCIM) designation and a Real Estate Investor who is dedicated to helping people build wealth and financial independence through real estate investing. Juan specializes in selling multifamily apartment units as well as residential properties. He prides himself in locating value-added properties that maximize the client’s investment yields. Juan is a detail-oriented entrepreneur. Today he handles everything from finding, funding, designing, managing, and selling investment properties. His diverse experience in commercial and multifamily real estate allows him to develop and navigate a wide range of projects. BRE 01417642​​​ www.SageREGroup.com Follow me on social media: Instagram:   / multifamilylongbeach   Facebook:   / sageregroup   LinkedIn:   / juanhuizar-sagerealestate