HCM Property Management Blog

By HCM Property Management - Thursday, June 8, 2023

Unexpected Costs Of Owning Rental Property In Irvine, CA

While renting a property in Irvine, California can be quite lucrative, it also comes with substantial investment costs and not all of these are easily apparent. The unexpected costs of owning rental property in Irvine can take novice landlords by surprise, impacting their ren...

By HCM Property Management - Thursday, May 25, 2023

How to Avoid Security Deposit Disputes with Your Tenants in Long Beach

Handling the tenant security deposit at the end of a tenancy is a contentious task that may cause disputes and risk ending your professional relationship with tenants on a sour note. The security deposit protects landlords from potential damage to the property and other liabi...

By HCM Property Management - Thursday, May 11, 2023

What Landlords In Irvine Need To Know About Tenant Retention

Tenant retention is inevitable for the growth of your rental business. It reduces the vacancy and turnover rates and unlocks the door to steady income for your retirement plan. Plus, it is easier to keep your existing renters than to look for new ones and fritter away your mo...

By HCM Property Management - Thursday, April 27, 2023

How to Gain a Better Business Relationship with Your Tenants

With the growing rental competition in Irvine, you cannot risk your rental business by behaving unprofessionally with your tenants. If you want to retain them in the long run and generate high ROI, it is vital to keep your tenants happy and satisfied. A promising way to ensur...

By HCM Property Management - Thursday, April 13, 2023

Where to Advertise Your Long Beach Rental Property for Best Results

Finding the right tenant for your rental property is a lengthy process and requires you to consider several factors. It is not enough for your house to be attractive, full of amenities, and functional. It also needs to be visible to the right home-hunters. That is where adver...

By HCM Property Management - Thursday, March 30, 2023

How Do I Ensure My Irvine Rental Property Is Not Vacant for Long?

A vacant property can be a source of financial distress for you as a landlord, especially if you are dependent on the rental income for your other expenses, like mortgage payments. The vacancy rate in Orange County averaged 2.2% in the fourth quarter of 2021, which is quite l...

By HCM Property Management - Thursday, March 2, 2023

Is Renting to Your Relatives A Good Idea? | Professional Long Beach Property Management Advice

Renting to your relatives is never a good idea, especially if you value the relationship you have with them. Part of your job as a landlord is to hold tenants accountable for paying rent on time, maintaining the property, and following the terms of the lease agreement. Thi...

By HCM Property Management - Thursday, February 16, 2023

Should You Require Renters Insurance for Your Irvine Investment Property?

Renters insurance has grown in popularity, and there are several good reasons for that: It’s cheap for your residents. It provides a lot of protection for tenants. It helps you protect your asset. We recommend that owners require renters insurance in their l...

By HCM Property Management - Thursday, February 16, 2023

What Impacts the Full Return of a Security Deposit? | Long Beach Landlord Education

Collecting security deposits for a rental property is an essential process as the deposit covers the cost of damage done to the property by the tenant. The State of California decides the amount to charge as a security deposit. It also requires the leasing parties to abide by c...

By HCM Property Management - Thursday, February 2, 2023

What Are the Best Ways to Collect Rent From Your Long Beach, CA Tenants?

To collect rent consistently and on time, you need to offer your Long Beach tenants multiple ways to pay. Most people today are comfortable paying for goods and services online, and they prefer that method of payment for its ease and convenience. But, not everyone is on board. An...