Pinnacle Property Management

What are your thoughts on this Beverly Hills castle? 🏰
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You might be thinking about taking on a new challenge. Perhaps you have realized that being a part-time landlord was not really your thing. You want to go big and focus on being a full-time landlord. Before you consider being a full-time landlord, you need to own at least two or three properties. This way, you’ll have enough rental income to support yourself and you’ll have a good idea of whether or not this is truly your calling. Your primary focus now that you are a full-time landlord is to work on maximizing profits. One of the ways you can achieve this is by adding more property to your real estate portfolio.

You could hire a property management company to oversee the rental property and handle the small and time-consuming details that come with managing rentals. This can allow you to focus your time and energy on investing in more properties instead of spending all your time on the day-to-day responsibilities.

The rental property experts at Pinnacle Property Management are here to guide you. Give them a call at (310) 530-0606 and get started on your portfolio today!
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Where does your dream home live? Let us know below 👇
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Happy Thanksgiving from your Pinnacle Property Management family 🦃 We hope you have a great holiday spent with family and friends!
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It can be challenging to know what to do after encountering a lingering renter. To avoid unintentionally getting yourself into a more complicated position, it's critical to be aware of all of your options and take action.

Option 1: Allowing a renter to remain at the property after their lease expires is the first action you could do. You consent to this tenancy by continuing to accept rent payments. Since there isn’t a clear exit clause with an implied contract, based on your initial lease conditions and local legislation, this might be treated as a periodic tenancy or a month-to-month lease. If you receive rent from a holdover renter, you won't be able to ask them to leave for exceeding their lease term again. Until you are certain that you are okay with a tenant paying rent for a longer period of time, do not take any rent from them.

Option 2: You can also consider a holdover tenant eviction if you don't want the renter staying on the premises. In this kind of eviction, you approach the former tenant as a trespasser while you carry out the eviction procedure. Accepting rent from renters who stay longer than expected will make it more difficult to enforce an eviction. You must proceed with eviction in accordance with the procedural requirements of your regional judicial process. The tenants might be evicted from your rental property if you receive a favorable eviction judgment.

Option 3: You should formally break the lease if the renter is beyond the lease period but the lease agreement or local regulations permit some holdover. In most states, you can do this by giving notice that is equivalent to the time between rent payments.The tenant will have that much time to vacate the premises after receiving notice. After the lease has been formally canceled, if they still refuse to vacate, you will need to file for an eviction in order to reclaim ownership of the property.
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⚡️2 Bedroom Apartment in Hawthorne For Rent ⚡️

- Bedrooms: 2
- Bathrooms: 2
- Approx 1,150 Sq.Ft.

- Vinyl flooring in the kitchen and bathrooms
- Ceiling fans in the kitchen, bedroom, and bathrooms
- Stainless steel stove, oven & hood vent
- Stainless steel dishwasher
- Walk-in closet
- Window coverings
- Laundry Onsite
- Gated Complex
- 2 Gated Carport Parking Spaces
- Extra Storage Closet
- Water and trash included

Visit this link to apply: www.ppmapplications.com

Visit this link to see our rental criteria: www.pinnaclepmc.com/rental-criteria
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It’s all about the details ✨
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This view 😳
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Does your closet have stairs inside? 👀
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🎶 Beverly Hills, that’s where I want to be 🎶
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Imagine waking up to this view 😍
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Running a successful rental property requires a significant amount of time, effort, knowledge, and experience. You are making an important choice when choosing a property management firm. The business you select should be committed to guiding you through every stage of the rental process.

For the benefit of our clients, Pinnacle Property Management handles every aspect of property management. Since 1989, our company has proudly and successfully offered our property management services to Southern California.

We are a reliable property management firm with a well-trained staff that, when necessary, also provides resident managers with training. The employees at Pinnacle Property Management are committed to providing excellent customer service and approach every property we manage as if it were our own.

For more information, please visit our website www.pinnaclepmc.com
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⭐️ 4 Bedroom Townhouse For Rent in North Hollywood ⭐️

- Bedrooms: 4
- Bathrooms: 3
- Approx: 1,800 Sq.Ft.

Features and Amenities:
- 2-Story Unit
- Stainless Appliances
- Quarts Counter-Tops
- Recessed Lighting
- Vinyl Plank Flooring
- Complete Paint
- Dual Pane Windows
- Laundry in Unit
- Tank-less Water Heater
- Central A/C & Heat
- 2 Parking Spaces Included
- Small pet okay

Visit this link to apply: www.ppmapplications.com

Visit this link to see our rental criteria: www.pinnaclepmc.com/rental-criteria
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Believe it or not, this is not the Griffith Observatory. Just a mega mansion 😳
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Renting to the right tenants is key to a successful landlord experience in Torrance. When you rent to the right tenant, you’ll have the peace of mind that your property will be cared for, rent payments will be consistent, and you’ll generally experience fewer issues.

However, finding a great tenant can’t involve guesswork. An effective tenant screening process will ensure you maximize your chances of landing the right tenants for your Torrance rental property. Keep reading to learn more about screening tenants.

What attributes will you be looking for in an ideal tenant? Consider things like how much you expect the tenant to be making each month.

As a general rule of thumb, consider tenants making three times the monthly rental price. If the rental price is $1,500, then consider tenants making at least $4,500 every month. The right income level will ensure the tenant is able to pay rent every month without issues.

You’ll also want to rent to a tenant that has a background of paying rent on time, caring for their unit, and abiding by the lease terms, among other things.

Other good attributes you should be on the lookout for include:

-A good credit score

-A solid employment background

-No history of evictions

Knowing what your dream tenant looks like will allow you to create a screening process that helps you find that tenant.

To learn more, click the link in our bio!
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Putting an offer on this house specifically for that indoor swimming pool 🫢
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Do you own property in the Southern California area, but don't have time to manage it yourself? Let us take it off your hands and you can use that extra time to expand your portfolio!
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A hidden oasis in the heart of Los Angeles ✨
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As a landlord, the IRS allows certain deductions to be made from the income tax return. By taking advantage of these deductions, you can reduce your tax burden significantly and boost your annual profits.

The following is a list of deductions that you may be eligible for under IRS code 👇👇

Insurance costs: You can deduct the premiums you incur to insure your property against certain perils, such as fire, flood and theft.

Employees’ wages: You can deduct the expenses you incur to pay employees, whether they work for you full-time or not.

Interest rates: You can deduct any interests you incur on your property mortgage or any other business loan you’ve taken for that matter.

Travel expenses: Do you have to travel back and forth to your rental property? Or, do you use your vehicle to do things like buy supplies or to go show your property to prospective tenants? If you do, then the costs of doing so can be reimbursed as per the IRS. However, for that to happen, you’d need to keep track of your mileage.

Professional fees: The IRS allows landlords to deduct the cost of all business-related professional fees. For example, the cost incurred to hire an attorney to review your rental contracts, or the cost of hiring an accountant to manage your books.

Other common deductible expenses include repairs and maintenance, home office costs and depreciation.

To learn more, click the link in our bio!
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•• 2 bedroom duplex available in Southern California ••

Features and Amenities:
- Rear Duplex Unit
- Complete Paint Throughout
- Fully Remodeled Kitchen
- New Cabinets, New Countertops, New Appliances
- Stackable Washer & Dryer
- Fully Remodeled Bathroom
- New Tub & Tile, New Vanity, New Fixtures
- New Vinyl Plank Flooring Throughout
- New Windows with New Blinds
- New Recessed Lighting
- New Ceiling Fans in Bedrooms
- New Doors (Exterior & Interior)
- Shared Backyard
- 1-Car Parking
- Rent Includes Water, Sewer & Trash

Visit this link to apply: www.ppmapplications.com

Visit this link to see our rental criteria: www.pinnaclepmc.com/rental-criteria
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What’s the maximum you would pay for this home? I guarantee the asking price is 10x more than you think 🫢
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Renting out your investment property can bring great profits. But the daily activities of your tenants can cause wear and tear, especially when it comes to flooring. But don't worry, we have a solution for you! Here are six of the best types of flooring for a rental unit 👇👇

1. Vinyl
2. Bamboo
3. Laminate
4. Porcelain Tile
5. Carpet
6. Engineered Hardwood

If you have any questions regarding which type of flooring would best suit your rental unit, visit the link in our bio or give us a call today! (310) 530-0606
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A futuristic spin on Beverly Hills ⚡️
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At Pinnacle Property Management, our mission is to manage your property as if we own it ourselves. Don't believe us? Take a look at our Google page to see what our clients have to say!
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How much do you think this Bel Air mansion is listed for? Take a guess in the comments below 👇
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First, you might need typical property details such as the square footage, the amenities offered, and the number of bedrooms and bathrooms. This will be important later on when you do the comparison of the properties.

You’ll require the rental income and expense details. A property might have several income avenues apart from the rental income. This might include parking, vending, and renting out storage spaces. Some of the typical expenses are regular maintenance costs, HOA fees, and property management fees.

If you’re planning to acquire the property using a mortgage, you’ll have to know what the monthly repayment costs are. It might also be a good idea to look at the entire mortgage packet and know the finer details like the interest rate and down payment and calculating taxes.

Ownership and leasing of property require you to have permits and licenses. These are usually one-time annual costs.

The above information will allow you to calculate the following:

Gross Annual Income: This is the total income derived from the multiple income streams from the investment property.

Net Operating Income: Also known as the NOI, this is calculated by subtracting the total property expenses from the Gross Annual Income.

Annual Cash Flow: Though not a must, you can be able to calculate the annual cash flow from the investment property. It represents the cash profit or loss you generate annually after all costs (including the mortgage costs) have been paid for.

With all the necessary components calculated, you should now be able to calculate the ROI for your desired property.
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Guess how many bathrooms this 75 million dollar mansion has?

hint: there are over 15 😳
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Are you aware that stock investments have more volatility in contrast to investing in real estate? One of the best things about a real estate investment is that it can guard you against inflation. You’re able to escape financial losses due to the reduced purchasing power of the dollar. When you choose to invest in a great neighborhood as your real estate investment, the value can increase due to appreciation.

If we compare, stock markets are much more erratic than real estate markets. Your stock investment can also be subjected to inflation. You can lose the purchasing power of the dollar if your stock investment doesn’t pay off.

Interested to learn more about why you should invest in real estate rather than the stock market? Click the link in our bio!
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What’s one word you would use to describe this house?

Chic
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Are you a real estate investor struggling to manage your properties? Well good news for you, the struggle is over! Pinnacle Property Management works with a plethora of investors who have gained more success since choosing to work with a property management company and here's why.

What will a property management company handle?

•Rent will be collected promptly from the tenants
•Maintenance requests will be addressed and provided a timely response
•Tenants who pay the rent late will be managed
•Vacant units will be advertised and found new renters
•Vital property management records will be stored properly

Hiring a property management company to handle your rental operations is also considered an investment. In due time, you’ll earn the rewards through maximized earnings that can cover the management fee.

To read more benefits as to why you should partner with a property management company such as Pinnacle, click the link in our bio.
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