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Passionate about bringing positivity and fresh perspectives to the rental property industry CEO @ Good Life Property Management San Diego and Orange County. Managing over 1,300 units in San Diego and Orange County.
Steve Welty Issue# 75 November 2025 Happy Saturday, Housing Heroes! If you’re thinking about selling a rental, you’ve probably heard someone say: “Don’t worry - you’ll only owe around 15% in taxes.” But once you factor in federal capital gains, California state tax, and depreciation recapture, most owners are shocked to learn their real tax bill can climb past 30%. That’s money you could be reinvesting into a stronger, more profitable asset. So we created two resources to help you understand...
Steve Welty Issue# 74 November 2025 Happy Saturday, Housing Heroes! A few weeks ago, I spoke at the Real Estate Society at San Diego State, my old stomping grounds. The room was packed with about 75 students, all eager to hear about my journey from SDSU grad to running Good Life Property Management. The energy was incredible. These students were sharp, hungry, and curious. I told them honestly, I probably wouldn’t have gone to a meeting like that when I was their age - I was too busy playing...
Steve Welty Issue# 73 November 2025 Happy Saturday, Housing Heroes! Most rental calculators are built for investors who already speak IRR, cap rates, and cash-on-cash fluently. But most owners don’t care about fancy acronyms. They want to know: “Is this property actually building my wealth?” So we built something different. A calculator that shows you: How much your tenant is paying off your mortgage (principal paydown) How much you’re saving in taxes every year just by owning How much your...