energy saving tips

How to Reduce Energy Costs

Happy Tenants = Happy Landlord

When your tenants are satisfied, it makes your job as the homeowner a lot easier. At Real Property Management SAC-METRO, we strive to provide a great rental experience for both you and your tenants. One way to make your tenants happy with where they live is by offering an energy-efficient home.

Energy Savings Tips

As a Sacramento property management company with more than 30 years of experience, we know several ways to create an energy-efficient rental property. A programmable thermostat is a must. When used properly, tenants do not need to worry about adjusting the thermostat before running out the door to work. Instead, the thermostat can be set to automatically utilize energy-saving temperatures when no one is home.

Air leaks are another problem when trying to conserve energy in Sacramento. Property management companies like Real Property Management SAC-METRO can handle all necessary maintenance repairs to your rental unit including the need to replace caulking around windows. Sealing air leaks prevents energy loss.

Furthermore, the water heater should be left at the lowest comfortable setting. Setting the water heater too high results in wasted energy. An up-to-date water heater will reduce overall energy costs as well. Lastly, certain light bulbs can save tenants money. CFL or LED bulbs are the best ones to preserve energy.

A Trustworthy Sacramento Property Management Company

The professionals at Real Property Management SAC-METRO know exactly how to take care of your investment property. Even though there are other Sacramento property management companies out there, no one knows the rental business better than we do. We work hard to get you the best return on your property all while attending to everyday tenant needs and maintenance calls. Give the experts at Real Property Management SAC-METRO a call today. See what we can do for you!

Common and Costly Mistakes: Using Unqualified Management

One common regret veteran investors have is trying to manage rental property investment themselves. Your rental property deserves an expert Sacramento property management team just like any other mutual fund or financial investment. Real Property Management SAC-METRO is committed to helping you get a better return than you could on your own even when factoring in management fees. Deciding if your time is worth the hassle and headache is not a decision made lightly. Self-management may lead to cutting corners by hiring under-qualified labor to save money. Be smart and hire an experienced Sacramento property management company. With over 30 years of experience, Real Property Management has the answer you’re looking for.

If you already have some experience managing property, make sure you’re educated in all aspects of the property management. Rancho Cordova landlords should that check all licensing, regulations, and codes are up to date. Read up on marketing strategies in your area and how to avoid vacancies. Another great tip is calculating how much money is needed to insure good cash flow. Create a customer service plan as well as establishing cost-effective maintenance resources. A plan for collections and evictions is also important. If this sounds like a lot to take on, call Real Property Management SAC-METRO for help with any services you don’t want to handle yourself.

Once landlords establish a plan, it is important to set aside time to be available for tenants. Inability to contact a landlord is a primary reason for tenant discontent and vacancy. If you calculate your hourly income and usually make more than $50 per hour, it makes sense to hire a property management team. Real Property Management SAC-METRO has the expertise to handle all aspects of your rental home.

When you partner with a professional property management, Rancho Cordova rentals are a great financial investment. Let Real Property Management SAC-METRO handle the details of your investment for you. We’ll help you avoid late night maintenance calls, costly fines, unnecessary vacancies, unexpected emergencies, and dealing with evictions or late rent payments. Call today!

Common and Costly Mistakes: Poor Cash Flow Management

Renting out a home is a great financial investment, whether you have a home that isn’t selling, want to break even on the payments, or if you just like the idea of a little extra money each month. Before you decide to rent out your property, remember that your investment is a business venture. Like any venture, it will require more than just money collection each month.

Rental Property Management SAC-METRO can help you balance time, expenses, and stress in Folsom property management. With decades of experience, we help manage your budgets to maintain a healthy cash flow while affording emergency repairs, general maintenance, vacancies, and advertising. Landlords can expect to spend 10 to 25 percent of the annual rent on maintenance for properties. Be careful not to think renting your home is only about collecting rent.

Along with managing expenses, expecting the unexpected should be the mindset for anyone preparing to rent out their property. Emergencies happen no matter how well the property is taken care of. Careful tenant screenings help prevent some costs in Folsom property management, as well as making certain all properties meet federal, state and local codes and regulations. It is important to be realistic when it comes to the costs and time involved. If a call requiring a $250 repair puts you in a panic, it may be a sign that rental property business isn’t for you.

If all of this seems overwhelming, let Real Property Management SAC-METRO do the work for you. As the top company in property management, Folsom landlords depend on our professional teams for timely and quality service. We stay up-to-date on all local laws and codes and offer semi-annual inspections. We also maintain healthy relationships with local repairmen so your emergencies are handled fast and cost effective. Call Real Property Management SAC-METRO and find out what more we can do for you!

Common and Costly Mistakes: Plan Maintenance for Properties

No matter how careful tenants are in your rental unit, appliances will eventually break down and systems wear out. Living spaces become worn from use and time and require continual upkeep. There are important steps to take in order to keep your maintenance costs down. Real Property SAC-METRO can help you plan ahead, take regular preventative measures, respond quickly to problems and keep up you up-to-date on health and safety codes. These steps will help your tenants feel valued and cared for. As you care for them, they will better care for your property. If you are investing in rental property management, Sacramento landlords trust Real Property Management SAC-METRO.

Planning for maintenance costs is part of owning a rental property. To help landlords afford these maintenance expenses, our professionals recommend is setting aside ten percent of the rent each month. This allowance can cover routine checks and costs when tenants move out and in the case of emergencies. Some properties may go several years without any major expenses. But when they occur, a prepared fund is helpful in avoiding delayed repairs. Landlords should also remember an older home may need a greater percentage set aside.

Developing a maintenance plan is important to property management companies. Sacramento owners what to avoid the costs of major repairs. At Real Property Management SAC-METRO, we conduct thorough inspections and cleanings twice a year. Once in the spring to prepare lawns and air conditioning units for warmer weather, and again in the fall to change furnace filters, clean gutters and prepare landscapes and homes for cooler weather. By taking preventative measures, you will limit surprises and decrease risks, saving you money in the long run.

A key reason for high renter turnover is when tenants have trouble contacting a landlord. When a tenant reports a problem, trustworthy landlords should address the problem quickly. This timely response time will help your tenants to feel valued. A valued tenant takes better care of your property and will potentially stay longer meaning less turnover and fewer vacancy days.

Having an efficient maintenance plan is a crucial part of owning a rental property. Let Real Property Management SAC-METRO help with all your property management needs. As the number one company in rental property management, Sacramento landlords rely on our experts for quality and affordable service. Call now to learn more about our unbeatable prices and reliable service.

neglecting regular property evaluations

Common and Costly Mistakes: Skipping Property Inspections

If landlords are only walking through the rental property on moving day and again on the day renters move out, then they may be in for some surprises. As the top Auburn property management company, Real Property Management SAC-METRO understands regular property inspections should be part of the rental process. It is a way for you, the property owner, to know if renters are obeying leasing rules and if the home is staying in compliance with safety and health regulations.

Inspections are crucial to maintaining your property and having a positive relationship with your tenants. An expectation of inspections as part of renting the home will eliminate any awkwardness. Set up a regular schedule. This lets your renters know what to expect. Have a copy of the lease with you during an inspection for referral to remind tenants when they may be out of compliance. Be sure to take photos before move-in and as you go to add to your documentation. This protects both parties in case of a disagreement.

Sticking to a regular inspection schedule is important. Be certain inspection policies are clear to the tenant. Be certain all requirements are legal. Having a place electronically where comments are recorded, reminders for the next inspection are posted and where tenants can submit maintenance requests is helpful in the communication process. Make certain you give plenty of notice before doing an inspection. Mailing a notice and posting a notice on the property are required if you haven’t been able to personally contact the renter.     

Be sure to have a plan when doing an inspection. What will you do if the tenant says they will meet you and they don’t? What will you do if locks have been changed or some areas are not available? Will you allow time to perform simple maintenance while there? If this sounds a bit overwhelming, consider delegating this responsibility to professional property management. Auburn CA has the experience and expertise to handle inspections and other rental services. We can save you time, money and hassle.

Having the expectation of routine inspections early on with your tenants will protect you and them. It will build positive relationships with them and feelings of trust when they know they must take care of the property and in turn know you will fix problems quickly. Putting off regular check-ups can cost a lot of money down the road. An Auburn property management company can help lift the burden of these responsibilities and save you money. Call today!

Common and Costly Mistakes: Regulatory Violations

Remaining up-to-date on regulations and local laws can be challenging for Elk Grove property management owners. Let Real Property Management SAC-METRO handle all the challenges, from legal issues to industry standards. Fines incurred from regulatory violations can add up quickly, as there are regulations at the local, state and federal levels. Landlords may feel overwhelmed by all the paperwork, but hiring the top Elk Grove property management company can help you avoid liability and risks.

Here is a list of a few of the violations commonly made by landlords:

  1. Lack of access required for the Americans with Disabilities Act, including restricting service animals.
  2. Non-compliance with the Federal Fair Housing laws by discriminating against applicants.
  3. Failing to properly take care of safety issues regarding mold or foundation problems outlined in habitability laws.
  4. Hiring an unlicensed or improperly licensed repairman or property manager.
  5. Forgetting to check the smoke alarms and carbon monoxide detectors meet state and federal regulations.
  6. Misunderstanding municipal codes in your local area.
  7. Allowing property activities to be conducted by an unlicensed real estate agent.
  8. Mishandling funds and violating trust accounting laws.
  9. Unorganized paperwork that results in losing expense reports or lease agreements, which can lead to complications with legal processes.
  10. Disclosing personal tenant information that should be kept confidential.

Regulations are continually shifting. Real Property Management SAC-METRO will insure you are in compliance with every regulation. Including state and local laws and ordinances like:

  • The Fair Housing Act
  • The Americans with Disabilities Act
  • Real estate contract laws
  • Tenant screening laws
  • Regulations involving security deposits
  • Collection and eviction laws
  • Maintenance laws
  • Property inspection rules

Ignorance is not safety if a landlord does not know or understand the applicable regulations. Staying up to date on all of the information is crucial to success in property management. Elk Grove, CA, landlords trust Real Property Management SAC-METRO. Our expertly trained teams protect your property so you don’t have to worry about costly violations. Our professionals give landlords a higher return on their investment than they could get on their own. Hand over the stress to Real Property Management SAC-METRO.

how to avoid rent collection trouble

Common and Costly Mistakes: Rent Collection Troubles

Novice Roseville property management owners might think rent collections is easy. One myth landlords buy into is that rent always comes on time. Or checks always clear and there is never any trouble with evictions. But collecting rent can be tricky, as even great renters can fall onto hard financial times. Owners can find themselves sorting through legal problems, and without professional help like Real Property Management SAC-METRO, homeowners may accidentally prolong the process.

Our expert Roseville property management team is familiar with notices, collections, and unlawful detainer protocols. We safeguard rental properties, homeowners, and renters using our local and experienced teams. At Real Property Management SAC-METRO, our proven process is designed to address all the common delays in rent collections. Here are some great ideas to get you started on firm and fair collections:

  • Start the process on the right foot with rigorous tenant qualifications. Carefully screened renters are more likely to pay on time and in full.
  • Set early expectations with renters. If tenants understand clearly the consequences if rent isn’t paid on time, they’ll probably make more of an effort to meet the deadline.
  • Try offering tenants incentives to pay on time for paying rent on time.
    Communicate quickly and clearly. Hold renters to all the expectations and rent policies.
  • Use technology-driven payment systems so tenants can pay online. Using electronic rent collections means faster payments to you.
  • If rent is not paid on time, initiate an automatic collections process that will resolve the matter quickly.

Using a professional management office helps owners enforce respectful but tough rental collections. Let the process, not emotions, dictate your actions and define your interactions with tenants. The property management Roseville,CA, homeowners can count on for unsurpassed collection processes is Real Property Management SAC-METRO. Our expert team ensures owners experience consistent and reliable rent collections, no matter how difficult tenants may be. Call us today to learn more about our services and how our experts can help you with all your rental property needs.

Common and Costly Mistakes: Failing to Maintain a Rental Property

Investing revenue into property repairs can be painful to a landlord, but neglecting repairs will only create more problems down the road. Required maintenance is not something that can be planned. Sacramento property management owners can save money and vacancy days if they maintain a positive relationship with tenants by fixing problems quickly. Having good relations with local vendors can also help in the event of an emergency situation, like gas leaks or plumbing problems. Real Property Management SAC-METRO experts schedule regular maintenance inspections twice a year to assess any potential problems. This lessens the chance of an emergency and keeps properties in proper working order. As the top property management in Sacramento, CA, we have a vast network of trustworthy plumbers, electricians, and technicians ready to solve any problem.

Our Sacramento Property Management Keeps Tenants Happy

One of the main reasons tenants leave a rental property is because of neglected repairs. Replacing those tenants is a costly endeavor, and going days without collecting rent is money lost. It’s also costly to continue marketing and advertising, as well as preparing the unit and screening prospective renters. By continuously upkeeping rental units, landlords are more likely to keep tenants long term.

Dealing with tenants in a timely and honest way builds positive landlord and tenant relations. Meeting with tenant quickly needs shows renters you care about them, and they in turn will more likely care about the property. Keep in mind renters should never be allowed to fix any maintenance issues themselves. This can lead to liability and accountability problems. At Real Property Management SAC-METRO, our proven process includes biannual maintenance checks to fix short and long term maintenance problems.

In developing positive relationships with local vendors, follow up with maintenance workers to ensure their work meets regulations. To reduce your stress as a Sacramento property management owner, Real Property Management SAC-METRO already has those relationships developed so you can rest easy.

The better you take care of your tenants, the better they take care of your property. Having someone else to manage the headaches of maintenance repairs quickly and efficiently will keep tenants happy and save you money. Even after subtracting manager costs, property owners still report higher gains with Real Property Management SAC-METRO. We’ve been taking the hassle out of owning rental property for nearly 30 years. Call us today!

Common and Costly Mistakes: Negative Tenant Interactions

Managing your beloved home as a rental property can be emotionally draining for beginning landlords. Rental property owners find it more difficult to act professionally if they have a sentimental attachment to their properties. The transition can be especially hard for people who have lived in and loved a home for a long period of time. At Real Property Management SAC-METRO, our professionals act as a third-party liaison for landlords and tenants. With decades of experience in rental property management, Sacramento homeowners trust our expert teams to handle client and tenant communications.

When landlords turn their homes into rental units, the property is now classified as a business investment. If tenants don’t handle the home as you would, the you can feel personally wronged, angry, or violated. Undoubtedly, renters won’t provide the same level of care as homeowners. But Sacramento property owners shouldn’t let these differences turn into decreased care of the property. Among all the other property management companies, Sacramento property owners rely on Real Property Management SAC-METRO for support.

Transitioning should be a positive experience for you and your renters. Below are some tips to help you objectively approach your business objectively rather than emotionally:

  • See yourself as a business owner instead of a homeowner.
  • Remember normal wear and tear will happen, even with careful tenants. The home won’t look the same inside in three or ten years as it does today.
  • Even if you intend to move into your home later, you still need to operate your rental like a business until the day you move back in.
  • Don’t take mistakes personally. If tenants don’t attend to every little detail of your home, don’t stress. Simply enforce the lease terms to ensure proper care, not perfect care.
  • Take some time for a mental adjustment. You’ll be more successful and prepared if you recognize that adjusting takes time.

Homes are special places, and transitioning from a personal home to a business transaction is challenging. Real Property Management SAC-METRO offers quality service and and cost-effective solutions to help protect the value of your rental property. Our professionals help you stay objective and make smarter decisions for better results and less stress. As the top professional rental property management, Sacramento homeowners appreciate our dispassionate and intermediary standing between them and tenants. Call now and start improving your communication and relationship with tenants.

Common and Costly Mistakes: Finding Quality Tenants

At Real Property Management SAC-METRO, our goal is to help you avoid rent delays and increase cash flow. But new investors sometimes don’t understand the risks and liabilities involved with managing tenants and properties. One common mistake Sacramento rental property management owners make is poor tenant qualification. Failing to properly screen potential tenants can likely lead to property damage, increased legal liability, and a greater likelihood for eviction. With decades of experience in Sacramento rental property management, the dedicated professionals at Real Property Management SAC-METRO stop landlords from making avoidable mistakes and forgetting common procedures. We save you time, headaches, and lost revenue down the road.

Thorough Tenant Screening

The first step to proper tenant screening is requiring all potential tenants over 18 years old to submit an application. It’s hard to manage and track renters if you aren’t aware of who is living at your property. Next, verify tenants have a combined income of at least three times the rent rate. If landlords are having trouble pricing their rental properties, Real Property Management SAC-METRO specialists can analyze local market value to price your rental at a competitive price.

DIY landlords should also remember that poor credit can be common among tenant applicants. Avoid hasty judgements and recent evictions and instead request written explanations of unpaid balances or late payments to property management. Sacramento, CA landlords should also verify at least the past two years of rental history with previous landlords. Ask if there was any damage to the last rental property.

Finally, remember to comply with all anti-discrimination laws and the fair credit reporting act throughout the screening process. Sacramento rental property management owners should not discriminate against tenants based on race, gender, nationality, disability, religion, familial status, or age.

A smooth tenant experience or a rocky client relationship all depends on property tenant screening. Real Property Management SAC-METRO helps thousands of satisfied customers, and our experts are ready to help you. Our proven process includes expedited credit, employment, and rental history checks. If you want the highest protection and service for your cash flow and property, call Real Property Management SAC-METRO today and find the best qualified tenant for you.