Owner FAQs

Yes, in California, property managers must hold a valid real estate license. This can be a broker's license or a salesperson's license under a broker. To join a property management company in California, one must acquire a real estate salesperson license from the California Department of Real Estate (DRE)

A Property Management (PM) company needs to operate under a broker's license, and I'm a broker. We also have 5 licensed Realtors on our team. As a licensed property management company, we ensure compliance with all relevant industry standards and regulations.

Yes, we provide an emergency contact for urgent issues. General inquiries will be handled during normal business hours.

Yes, we offer electronic funds transfer (EFT) to your bank account for owner disbursements, ensuring a smooth and timely transfer of rental income.

Owners can review the lease agreements before they are signed. As the property manager, we handle the lease signing on your behalf unless otherwise specified.

Yes, we rank in the top 1% of all Realtors in California with regard to sales. We've sold over 1,500 properties over the past decades.

We send the owner draws Electronic Fund Transfer (EFT) and statements on the 6th of every month. Draws (owner funds) are sent EFT directly to your bank account.

We offer multiple rent payment options, including online payments and traditional methods, to ensure a smooth collection process. Late payments are addressed according to lease terms.

Lease terms vary based on market conditions and owner preferences, but standard leases are often a year long. Usually after the expiration of a one-year initial lease period we normally roll tenancy over to a month-to-month lease. A lease only benefits the tenant and not the owner for several reasons. Of course, other lease term options may be available upon request.

Normally the security deposit is equal to one month's rental amount with additional deposit required for pets. The specific amount may depend on factors such as rent price and tenant qualifications. However, security deposit amounts align with market standards and legal requirements.

We can begin managing your property as soon as the necessary agreements are completed and the property is ready for leasing.

We manage a variety of property types, including single-family homes, multi-family units, condos, and apartment buildings.

Owners receive regular financial statements detailing rent collection, expenses, and maintenance updates. Additional reports may be available upon request.

Security deposits are typically held in a dedicated account, as required by local laws. The handling of security deposits varies by jurisdiction and company policy.

The most common way real estate generates passive income is through rental properties. If you own a property and lease it to tenants, you receive monthly rent payments. This income can cover expenses like mortgage payments, property taxes, and maintenance—while ideally leaving you with profit.

To make real estate truly passive, hire Martin Feinberg Real Estate to handle:

• ✔ Tenant screening and leasing
• ✔ Rent collection and maintenance requests
• ✔ Repairs and legal compliance

You minimize hands-on work while still collecting rent income.

Owning real estate is a good investment for tax benefits, it appreciates in value, generates a cash flow, and can diversify your portfolio. First, the tax benefits. There are multiple deductions including operational expenses, mortgage interest, insurance, maintenance, and other costs. Real estate investment has lower tax rates than other investments. Second, while there may be fluctuations, properties will appreciate in value over time. Third, it will improve your overall cash flow with a steady stream of income. Finally, within an investment portfolio, owning real estate will diversify assets and hedge against market volatility.