Why Investors Need Professional Sacramento Property Management Services

Sacramento property management is a complex job. There is much more to owning a rental property than merely collecting a rent check every month. It’s not as simple as fixing the occasional leaky faucet or dealing with an unruly tenant from time to time. Landlords have a long list of responsibilities that don’t take a break on the nights, weekends, or holidays. Managing a successful rental property takes time, knowledge, and experience. And unfortunately, some homeowners learn this the hard way.

The Benefits of Partnering with Professionals

The goal of every landlord is to make a profit, right? That is easier said than done though. Do you know all the laws and regulations you must follow as a homeowner to avoid expensive regulatory violations? What if a tenant stops paying rent? How do you prevent extended vacancies that eat away at your bottom line? When a tenant is causing trouble, what can you legally do to fix the problem?

The professionals at Real Property Management Select can help you through every situation. With more than 30 years of experience, we’ve seen it all. We understand the rental industry and know what is required to make our clients successful. If you want to get the maximum amount of profit from your rental with minimum effort and energy, partnering with Real Property Management Select is the solution.

What We Offer

In this digital age, utilizing online resources can benefit you as a homeowner. At Real Property Management Select, we use technology-driven processes to help you get a better return on your investment property.

Online Owner Portal – Our goal is to keep you informed of all happenings with your rental. Our online approach to Sacramento property management is how we keep the lines of communication open with our clients. The online owner portal is an easy, user-friendly way for you to stay up-to-date, no matter your location or the time of day. Through the portal, you can view:

  • Recent financial statements
  • Tenant payment history, including the date the rent is collected
  • Work orders and maintenance requests
  • Property photos from the last home inspection
  • Tax documents

The online owner portal is also a useful tool during the leasing process. Homeowners receive weekly updates from their leasing agent to notify them of any showings and incoming applications. During the leasing phase, we keep you regularly informed, so you aren’t left wondering if the process is moving along.

After-Hours Answering Service – Real Property Management Select offers live customer service support. If you have an urgent matter to discuss, we are there for you. Plus, if your tenants have an emergency maintenance problem, we address that as well. The law requires landlords to attend to specific maintenance issues immediately. As our client, you won’t take a single midnight phone call. We take over those middle-of-the-night disasters. Quality and reliable property management has no time limits. Our hotline is there for your peace of mind and to make sure your tenants are cared for promptly.

Concise Communication Records– It is crucial to have a paper trail of all your tenant interactions. In today’s digital world, that trail includes more than a literal stack of papers. The team at Real Property Management Select documents everything––small or large. One way we accomplish this is by offering tenants the use of a personal online portal, not just homeowners. Tenants can submit maintenance requests and pay rent online through the portal. Any communication via email is kept long-term as well. The last thing we want is for our landlords to be stuck in a he-said, she-said scenario. Furthermore, we want to be able to protect our homeowners if a legal battle ever ensues. A well-documented communications record is invaluable. That’s why we work hard to reduce the financial risk and legal liabilities of our clients.

Online Marketing Strategy – When marketing your home to potential tenants, a yard sign is not enough nowadays. Tenants want to be able to find your home listing at the click of a button. Technology is the key to reducing vacancy periods. Our Sacramento property management team uses a variety of sources to get your listing out the masses. We market your home across several popular websites and social media sites. We also create digital tours of your property. Tenants can view your property through a virtual showing at their convenience. Plus, tenants do not have to reach a live person to book a live showing. Rather, they can easily schedule a time by submitting an online request. Extended vacancies negatively impact your cash flow. Online marketing makes you money by reducing vacancy time.

A Technology-Driven Sacramento Property Management Team

At Real Property Management Select, we make the most of technology. As the world goes more and more online, we have adjusted our processes to fit the needs of our clients and tenants. We know using our professional services will increase your profitability. Put our proven processes to the test. Call today and learn more about the comprehensive list of services offered at Real Property Management Select.

Searching for Dependable Residential Property Management in Sacramento?

Owning an investment property comes with financial and legal risk. It’s not as simple as just cashing in a rent check every month. Rather, the duties of a landlord are never-ending. You cannot take off nights, weekends, or holidays. Emergencies can erupt in the middle of the night, and tenant conflict can arise at any time.

To be a profitable homeowner, you need an in-depth understanding of residential property management in Sacramento. The proper resources can make all the difference. At Real Property Management Select, we know how to help you maneuver the ups and downs of the rental industry. Our proven processes are designed to increase your cash flow, safeguard your property, and legally protect your investment business.

The Downsides of Self-Managing

Costly mistakes add up and can have a significant impact on your bottom line. Managing a rental home is a difficult job, especially when you attempt to go about it alone. Do you know how to reduce vacancy days and tenant turnover? Are you complying with all federal, state, and local laws and regulations to avoid costly violation fines? Can you provide cost-effective maintenance repairs and conduct regular home inspections? What about an adequate rent collection process to prevent the need for an eviction?

Many homeowners have learned the hard way that being a landlord comes with its fair share of hassles and headaches. If you are looking for an easier way to meet these everyday demands, partnering with the team at Real Property Management Select is the solution. We work hard to make renting a positive experience for both owners and tenants. Here are the top benefits of hiring professional property management services.

A Thorough Tenant Screening

Finding qualified tenants is the key to your profitability. Poor tenant qualification tends to lead to larger problems down the road. You need to select tenants that will pay rent on time and in full every month, plus respect your property. Our rigorous application process helps you place reliable tenants. We require an application for every potential tenant over the age of 18 and check the following:

  • Employment – We verify income and employment to ensure it exceeds at least three times the rent rate.
  • Rental history – Speaking with past landlords can be eye-opening, for good or for bad. It is one way to discover whether a tenant was previously involved in any illegal activity or the cause of property damage.
  • Background check – A criminal record is an additional way to learn about a tenant. We watch for individuals with a record of drug abuse or violent crimes.
  • Credit Check – A credit score can be revealing. We want to determine if a tenant has a history of meeting their financial obligations.

When it comes to selecting tenants, it is easier to watch for red flags and catch potential troublemakers than deal with the aftermath of a tenant catastrophe. The professionals at Real Property Management Select have the experience and knowledge to help you select the best tenants possible.

Aggressive Advertising

Nothing hurts your cash flow more than a vacant rental home. Your home listing needs to reach the masses to give you the best chance at finding qualified tenants in a timely manner. You won’t find tenants if tenants can’t find you first. No matter the location of your rental, whether in Roseville or Folsom, property management experts at Real Property Management Select can help you advertise your listing across the most popular websites. We also produce virtual showings of your property so potential tenants can view the home at their convenience. All live walk-throughs are scheduled and handled by our friendly team as well.

A Precise Lease Contact and Firm Rent Collection Process

The work only continues once tenants move in. Residential property management in Sacramento is a 24/7 job. You can prevent confrontations and conflict if tenants know what to expect beforehand. We prepare a well-written lease agreement that outlines exact tenant responsibilities versus landlord duties. The contract also explains what will happen if tenants fail to make a rent payment. Even well-screened tenants can face financial difficulties, so it is critical to have firm-but-fair rent policies in place. Our automated collections process works to resolve financial matters as quickly as the law allows.

Legal Protection

Expensive regulatory violations eat away at your investment gains. Because landlord laws and regulations are constantly changing, our legal experts receive extensive training to remain up-to-date on all federal, state, and local rules that apply to investment property owners. There are a wide range of regulations to follow including:

  • The Americans with Disability Act
  • The Fair Housing Act
  • The Fair Credit Reporting Act
  • Real estate contract laws
  • Trust accounting laws
  • Local city ordinances
  • Habitability standards

Do not let a legal battle hurt your profitability. Instead, rely on our legal team to make sure you comply with the law.

Technology-Driven Methods

As our client, you will know the status of your rental home at all times. All homeowners are set up with a personal online portal to review monthly financial statements, year-end tax documents, or submitted maintenance requests. Plus, during the leasing process, homeowners receive frequent updates regarding tenant placement. Tenants also benefit from our efficient, technology-driven leasing cycle. Potential tenants can visit our website to search for available rentals and schedule showings. Current tenants utilize an online portal as well to put in maintenance orders and pay rent.

Trustworthy Residential Property Management in Sacramento is Available

When you partner with Real Property Management Select, you can expect first class residential property management in Sacramento. We strive to get you a better return than what you could make on your own, even after management fees. We are committed to helping our homeowners:

  • Select qualified tenants
  • End extended vacancies
  • Advertise effectively
  • Construct well-written lease contracts
  • Comply with all applicable laws and regulations
  • Utilize technology

When owning an investment property in the greater Sacramento area, from Carmichael to Folsom, property management takes organization, proficiency, and experience. You cannot expect great results without great management. What you put into your rental home is what you will get out of it. If you want to earn a better return, use our proven processes and hassle-free leasing cycle to increase your cash flow. Learn more about our comprehensive list of services and put our team to work for you. Call Real Property Management Select today.

Real Estate Investment Tips

Your success as a rental home investor heavily relies on finding and keeping responsible tenants. To be profitable, you need quality tenants that will pay rent on time and in full each month, plus respect and care for your property. Certain characteristics of a rental home attract or detract different types of tenants. If you are looking to purchase an investment property, the professionals at Real Property Management Select offer a few guidelines to help you find a home that will bring a good return.

What to Consider in a Rental Property

Tenants are just like any other consumer – a customer shopping around for a product that will fit their needs for a great price. As a leading Sacramento property management company with more than 30 years of experience, we know what tenants want in a rental home. When searching for the ideal investment, there are a variety of factors to think about.

Location and Accessibility

Some rental properties are easier to lease than others. The location of a home carries a direct impact on your financial success as a landlord. Even a well-maintained home will be difficult to rent out if not in a great location. But what makes a great location?

  • Proximity to schools – Being close to schools makes a big difference in real estate, especially in a good school district. A school district with a high rating is particularly helpful.
  • Distance to local shopping – Tenants care about where the nearest grocery store and shopping outlet is located. Being near a nice commercial district is very beneficial.
  • Accessibility to public transportation – This is all about having easy access to the bus, train, and other mass transit. Beyond that, being by a freeway is important to those who commute by car.

While these are positive features in a home, they can also have a negative effect as well. A home that is too close to a freeway is undesirable, such as a house where the backyard faces a highway. Or beware of a home directly in the high traffic zone of a school. The twice-a-day traffic created by buses and parents dropping off or picking up children can be a deterrent for tenants.

Safety and Crime Rate

Tenants want to feel safe. Find a home where there is little to no crime. Check the crime statistics. Browsing through the neighborhood can help you get a feel for the area. Are people out and about enjoying walks and playing with their children outside? Can you spot neighbors conversing one with another? Do you see litter, graffiti, or abandoned buildings nearby? Are there large apartment complexes in the area? Does the neighborhood have a high ownership rate or are there a fair number of “for rent” signs?

HOA Regulations

There are pros and cons to buying a home in a neighborhood with a Home Owners Association. From Carmichael to Rocklin, property management companies may offer to explain how HOA regulations will impact you. Real Property Management Select is a Sacramento property management company that goes above and beyond that. Our experts have the knowledge and expertise to help you follow the rules that specifically apply to landlords. We do not want to see you hit with violation fines or hidden fees.

On the other hand, there are financial benefits to renting out a home within an HOA community. You can set a higher rent rate if the neighborhood offers certain facilities. Tenants will pay extra to have access to a pool, clubhouse, and community gym.

Floor Plan

During a walk-through, prospective tenants need to be able to envision living in the home. Some houses make that difficult if they have an unusual floor plan.

  • Avoid quirky layouts – Stick to standard floor plans. Better yet, find a home with an open floor plan that flows well. Also, an overly customized home is not very user-friendly.
  • Stay away from a home with less than 1,000 square feet – Too small of a home will work against you. Look for a home with 3 or more bedrooms and 2 or more bathrooms. Also, watch out for homes that lack a clear master bedroom or have no master bathroom.
  • Look at overall storage space – How many closets are in the home? Is there a pantry? What about a laundry room?

If you find a home that does not match these standards, consider renovations. Remodeling a home is a good option if you are careful to find cost-friendly ways to improve the home.

Features and Amenities

Amenities make you profitable. The more a home offers, the more you can charge in rent. Does the home have a fireplace? Is there an A/C unit or a swamp cooler? Are there ceiling fans in the bedrooms? Laundry hook-ups available? What about a specific spot for a microwave? Before buying a home, think of what features will bring you the best return.

Overall Condition

Purchasing a home can be an overwhelming process, especially if you hope to make money on it. Remember to consider:

  • Location
  • Safety
  • HOA Regulations
  • Floor Plan
  • Amenities

In addition to these characteristics, you must evaluate the overall condition of a home. Homes more than 15 years old tend to require more maintenance repairs and necessary upgrades.

Why Partner with a Sacramento Property Management Company When Buying an Investment Property?

From Folsom to Rocklin, property management companies all across the greater Sacramento area offer various services. The experts at Real Property Management Select are committed to helping you buy the perfect investment property. We understand the rental market and have the resources to help you locate a home that will bring a good return.

But our assistance doesn’t stop there. We offer a comprehensive list of services to help you be a successful homeowner once tenants move in. Our hassle-free leasing cycle is designed to increase your cash flow and minimize common landlord mistakes. We take over those tedious everyday duties of managing a rental property. Leave the midnight emergency maintenance calls to us.

Don’t trust just any Sacramento property management company. Give Real Property Management Select a call today and learn more about our proven processes. Put our experienced team to work for you.

Tenant Screening with Sacramento Rental Property Management

Your financial success as an investment property owner hinges on finding qualified tenants. The cash flow of your business depends on a regular incoming rent payment. To be profitable, you need tenants who will pay rent on time and in full, while also maintaining and respecting your home.

A Rigorous Tenant Screening

Tenant selection should be one of your top priorities as a landlord. Poor tenant qualification tends to lead to trouble down the road including payment delays, property damage, added maintenance repairs, increased vacancies, more turnover, plus possible evictions and legal battles. Be proactive and take the time to properly screen potential tenants.

Real Property Management Select uses a process proven to help homeowners find reliable tenants. Our Sacramento rental property management team has the experience and resources needed to be able to thoroughly screen applicants. We are committed to making sure our homeowners see the benefits of placing the most qualified tenants possible.

What to Verify

Combined Income – Real Property Management Select requires an application for every tenant over the age of 18. When we verify employment, we check the combined income among tenants. The income should be at least three times the rent rate.

Credit Check – A credit check can be eye-opening. It is a good way to see if tenants have a proven history of following through with their financial obligations. In the public records portion of a credit report, you can see if they have been evicted or had any judgments served against them in the past. While it is tempting to dismiss someone based on score alone, you should avoid hasty decisions. If you spot something of concern on the report, request an explanation from the applicant regarding your concerns.

Rental History – Talking with previous landlords is the easiest and best way to get to know tenants before they even move in. Discuss whether they caused damage to the property, paid rent every month, or ran into problems with the law. Rather than experiencing problematic tenants firsthand, learn from past landlords instead.

Background Check – A criminal background check is a solid way to confirm if a tenant has a history of drugs, theft, violence, or sexual offenses. The check with help you determine if a tenant might be an increased safety and security risk.

Watch Out for Costly Legal Mistakes

From Carmichael to Auburn, property management companies must follow certain laws and regulations when screening applicants. As a landlord, you can encounter numerous legal pitfalls at the local, state, and federal level. You cannot afford to be caught in a legal battle from not adhering to the law.

The Sacramento rental property management team at Real Property Management Select is extensively trained to know how to protect you when taking in applications and selecting tenants. The law continually changes, so it can be difficult to maneuver the tenant screening process alone. Our experts stay up-to-date on the rules applicable to landlords, so you don’t have to worry about understanding every law. There are numerous regulations to be aware of, including:

  • The Americans with Disability Act
  • The Fair Housing Act
  • The Fair Credit Reporting Act
  • Real estate contract laws
  • Trust accounting laws
  • Local city ordinances

These regulations make sure you do not discriminate against tenants based on race, gender, age, religion, nationality, or disability. Other rules require you to keep personal tenant information confidential and properly handle funds such as security deposits.

Homeowner Versus Business Owner

Selecting tenants is only the first step in establishing a professional landlord/tenant relationship. No matter the quality of tenants, there will be a need for future tenant interactions. Even the most careful tenants will request maintenance repairs. Wear and tear on your home is inevitable. Appliances break and systems fail. Because homes naturally deteriorate, do not let this be a source of frustration.

Once your tenants have moved in, it is crucial to operate your rental property as a business. Even if you once lived in the home, it is no longer your personal residence. This mental adjustment is necessary to maintain an orderly relationship. How you treat your tenants carries a direct financial impact on your business. The better you treat your tenants, the better the results. Be objective. Do not react on emotions. Respond to your tenants in a businesslike manner and with respect.  

A Clear and Concise Lease Contract

A well-constructed contract sets you up for success. A detailed rental lease agreement is the foundation for positive tenant interactions. When both parties know their responsibilities beforehand, it reduces the chance of conflict later on.

A lease should specifically outline what your tenants can expect from you as a landlord, and in turn, what you expect from your tenants.

At Real Property Management Select, we utilize a lease contract that is designed to safeguard your property and protect you as a business owner. We take the time to explain at signing what duties fall under tenant responsibility compared to landlord obligation. Plus, our knowledgeable and experienced team makes sure to conduct signings and prepare documents in accordance with the law. We do not want you to encounter costly legal mistakes that hurt your bottom line.

What to Remember

No matter where your investment property is located, from Roseville to Auburn, property management is a complex job all across the greater Sacramento area. To be profitable, you must understand the rental industry and have the necessary resources to operate your home as a business. When selecting tenants, remember the importance of:

  • Conducting a complete and thorough tenant screening process that includes a credit and background check, plus verification of employment, income and rental history
  • Complying with federal, state, and local laws and regulations
  • Acting level-headed, professional, and respectful at all times
  • Constructing a well-written rental lease contract

The Need for a Reliable Sacramento Rental Property Management Team

The Sacramento rental property management team at Real Property Management Select is trustworthy and dependable. Our hassle-free leasing cycle is proven to help landlords increase their cash flow and remain profitable. Learn more about our comprehensive list of services and put our skilled team to work for you. Call Real Property Management Select today.

How to Lease Faster with Sacramento Real Estate Management

Nothing hurts your cash flow more than a vacant home. When you have no tenants, you have no income. Every vacant day hurts your bottom line. If you want to be a profitable homeowner, you need to decrease vacancy periods.

Create a Rent-Ready House

There are a number of ways to avoid leasing delays and extended vacancies. At Real Property Management Select, we understand the rental industry and know how to get you a better return on your investment property. We are committed to helping you place new tenants as quickly as possible to prevent lost revenue. Our Sacramento real estate management professionals offer a few suggestions to get your home ready to rent out.

Boost your Curb Appeal

Potential tenants judge a home before they even step foot in it. A home with curb appeal naturally catches the attention of prospective tenants. When your home is attractive and the yard is clean, you can expect a larger amount of showings and applicants. When you receive more applications, you increase your odds of finding reliable tenants. Selecting qualified tenants for your home is the key to your profitability.

It is worth your time, energy, and resources to invest in the outside look of your home. Begin with the yard. Cut the grass and remove weeds, fallen leaves, and dead plants. Trim any greenery or bushes that appear overgrown. Keep the grounds free of debris and clutter.

Once the yard is in order, make improvements to the exterior of your home. A fresh coat of paint transforms a home. If painting the entire home is not in the budget, then consider just the front door. Better yet, replace the front door. This can drastically change the feel of your home. A clean, smooth look to the door produces an inviting entryway.

Address Maintenance Concerns

Fixing up the interior of your home is the next way to get your property rent-ready. It is important to begin preparing your rental for new, incoming tenants the day your previous tenants move out. Walk through the home and evaluate what needs to be repaired or updated, then act quickly. Do not show a home while completing these necessary fixes. Prospective tenants need to be able to envision living there. This is difficult if the home is not clean and presentable at the time of their walk-through.

When making home repairs or improvements, think long-term and make cost-effective decisions. Skimping upfront ends up costing you down the road due to more frequent maintenance and replacement expenses. When considering cosmetic improvements, you do not need an elaborate plan. The overall feel and look of a home can drastically change with a new coat of paint or different flooring. If the home is not in need of a total makeover, remodel the features of the home that will improve the overall ambiance of the home.

Establish a Rental Rate

From Roseville to Elk Grove, property management companies offer various services. Our Sacramento real estate management team follows the rental market and helps you decide the best rental price for your property. Too high of a price discourages applicants, yet too low of a price cuts into your profits. We have extensive experience managing homes in the greater Sacramento rental market and can help you keep up in this ever-fluctuating industry.

Advertise and Advertise Some More

You will see longer vacancy periods if your home listing is not advertised properly. A simple yard sign is not enough. You will not find tenants quickly if tenants cannot find you in the first place. At Real Property Management Select, we advertise your home across multiple popular websites. We also produce a video tour of your property allowing tenants to view your home online when it is convenient for them.

Once we receive inquiries for live walkthroughs, we respond to those requests right away. Our experts understand the urgency to schedule showings promptly. Finding qualified tenants for your home is our top priority. We work nights and weekends to make ourselves available at times ideal for anyone interested in viewing your rental.

Conduct a Thorough Tenant Screening

Poor tenant qualification often leads to larger problems such as rent delays and increased vacancies. Investment property owners experience less tenant turnover when they take the time to place reliable tenants. Quality tenants tend to stay longer and better care for your home. A rigorous application process is an extremely crucial component of property management.

At Real Property Management Select, we ensure the best screening process possible. We verify income and employment. We check rental history and contact previous landlords to discuss any prior issues with the tenants. We look at credit and criminal backgrounds. We do this all while complying with any local and federal laws and regulations. We want you to be successful, and strive to find responsible tenants that will respect your property.

Construct a Contract

You’ve worked hard to get your home rent-ready and find tenants; now it is time to get them moved in. The vacancy period is extended every day you do not have a lease contract prepared for tenants to sign. Waste no time getting the contract in order and gathering a deposit. It is vital your lease contract sets clear expectations and outlines specific tenant versus landlord duties. A well-written contract provides invaluable legal protection and security to you as a landlord.

The Trustworthy Sacramento Real Estate Management Team at RPM Select

Whether you own a home in Auburn or Rocklin or Elk Grove, property management is a complex job. Do not go about it alone. At Real Property Management Select, our experts know how to reduce vacancy periods and minimize leasing delays. You can rely on our team to take over all those tedious landlord responsibilities required to get your home rent-ready. We will:

  • Prep the exterior of your home to boost curb appeal
  • Oversee all maintenance repairs and cosmetic fixes
  • Research competitive rent prices
  • Aggressively advertise your home listing
  • Follow a strict tenant screening process
  • Create a clear and concise lease contract

Our Hassle-Free Leasing Cycle

You can trust our Sacramento real estate management professionals to protect your property. We can help you decrease vacancies to increase your cash flow. Put our proven processes to the test. Contact Real Property Management Select today.

Avoiding Legal Implications

Managing an investment property is a 24/7 job with no nights, weekends, or holidays off. Emergency circumstances can arise at any time of the day or night, and you must respond quickly to your tenants. Otherwise, it is easy to get caught in a sticky situation if you’re not following all landlord laws and regulations. Sacramento property management companies do so much more than simply collect a rent check each month. The team at Real Property Management Select knows how to maneuver through the ins and outs of owning a rental home, all while avoiding costly legal pitfalls.

A Complex Job

Some landlords learn the hard way that having an investment property is not as easy as it may appear. Renting out a house comes with legal and financial risk. You need to be careful to comply with any federal, state, and local laws and regulations. Expensive violation fines hurt your cash flow and can ultimately put you out of business. Remaining up-to-date on all codes, ordinances, and rules can be difficult due to the law constantly changing and being restructured. The legal experts at Real Property Management Select offer a few suggestions to protect yourself as a homeowner and safeguard your property.

Comply with Anti-Discrimination Laws

Selecting tenants can be an overwhelming process. After all, your profitability hinges upon receiving a rent payment on time and in full every month. While a thorough screening is the best way to find qualified applicants, you must not discriminate against potential tenants as defined by the Fair Housing Act. According to the U.S. Department of Housing and Urban Development:

“In the sale and rental of housing, no one may take any of the following actions based on race, color, national origin, religion, sex, familial status, or disability:

  • Refuse to rent or sell housing
  • Refuse to negotiate for housing
  • Make housing unavailable
  • Deny a dwelling
  • Set different terms, conditions, or privileges for sale or rental of a dwelling
  • Provide different housing services or facilities
  • Falsely deny that housing is available for inspection, sale, or rental
  • For profit, persuade owners to sell or rent (blockbusting)
  • Deny anyone access to or membership in a facility or service (such as a multiple listing service) related to the sale or rental of housing”

Protect Tenant Information and Handle Funds Properly

During the tenant screening process, you gather a significant amount of personal information about your applicants. You should keep this information secure and private. There are serious legal consequences if you fail to keep their personal data confidential.

There are also rules pertaining to the application fees and security deposits you gather during the application process. According to the government website for California legislative information,

“A landlord may not demand or receive security, however denominated, in an amount or value in excess of an amount equal to two months’ rent, in the case of unfurnished residential property, and an amount equal to three months’ rent, in the case of furnished residential property, in addition to any rent for the first month paid on or before initial occupancy.”

No matter where your rental home is located in the greater Sacramento area, from Auburn to Roseville, property management experts from Real Property Management Select can help you handle the tenant application process in a legal manner.

Document Calls, Requests, and Interactions

Precise documentation is a huge asset if you find yourself in a court battle. It all begins at the lease signing. A clear and concise rental agreement helps protect you in a court of law. It is vital for a contract to outline exact tenant duties versus landlord responsibilities. Once tenants move in, the need for documentation only continues. Sacramento property management companies use a variety of methods to track tenant interactions. At Real Property Management Select, landlords and tenants have access to user-friendly online portals. This is a convenient and reliable way to record every exchange.

Provide Notices

As an investment property owner, you will encounter various circumstances when you are required by law to provide notice to your tenants before taking action. The government website for California legislative information outlines what scenarios necessitate formal notices. For example, if you need to terminate the lease, whether your tenants are violating their rental agreement or have not paid rent, a written notice is necessary. On the other hand, if you want to extend an offer to your tenants to renew their contract, this requires notice as well. If you intend to increase the rent rate, notification is mandatory. If you need to enter the home to conduct a home inspection or make maintenance repairs, a notice of entry is essential. Just because you own the home, does not mean you can enter it at any given time.

Maintain Safe Living Conditions

Your rental home must meet certain habitability standards. Under the law, a number of conditions can deem a property uninhabitable including:

  • A serious water leak
  • Missing structural elements (roof, stairs, walls)
  • Fire hazards
  • Environmental toxins (mold, asbestos, lead paint dust)
  • Broken plumbing
  • Non-working heating, ventilating, or A/C systems

Tenants are entitled to a safe and livable environment. While making needed repairs can be a financial burden upfront, not fixing a problem can drastically impact your profitability if you incur legal expenses or fines. Conforming to the law saves you money in the long run. Also, make sure to hire licensed and insured contractors to conduct all maintenance.

Compared to Other Sacramento Property Management Companies

Whether you own a rental property in Carmichael or Roseville, property management professionals at Real Property Management Select can help you stay clear of costly legal mistakes. Our highly trained experts understand the rental industry and know how to protect your investment. We ensure you:

  • Avoid discrimination during the tenant screening process
  • Keep tenant information confidential while managing funds appropriately  
  • Document all tenant interactions
  • Supply written notices when necessary
  • Provide safe living conditions

We are committed to your success. With more than 30 years of experience, other Sacramento property management companies do not compare to our standards. You can trust our proven processes to increase your cash flow. Check out our comprehensive list of services and see how our experienced team can get you a better return on your rental property. Call Real Property Management Select today.