Choosing the Right Property Management Companies, Sacramento

Picking out a property management company is like picking out the perfect nanny or babysitter for your child. You interview, do your research, check references and reviews, and hope you’ve made the right decision. When you choose RPM Select, you don’t have to hope you’ve made the right decision. You will know you’ve made the right decision when choosing us over other property management companies Sacramento. Just take a look at some of our reviews from Yelp and BirdEye.

Renters

“I just signed my third year lease at a property managed by Kathryn and her staff from Real Property Management. Whether you are a renter or a property owner I don’t think you can do better than this firm. They routinely inspect the properties to ensure the tenant isn’t causing damage and to identify any items that may need attention. When I telephone their office they know who I am and where I rent. You aren’t just another number with this property management office. Their services are accessible, they are quick to respond and any repair services needed are done well. This property management office/staff is truly the best. It doesn’t get any better than this.” Shirley D. (5 Stars on Yelp)

“This property company had managed the rental home I resided in for more than 2 years.  They have always been extremely professional and punctual. I had a few maintenance issues arise and I was always responded to in a timely manner.  I have had several communications with Kathryn Guthrie and she had been fantastic to work with and super helpful.  Walk thru was quick and painless: Would definitely recommend this property company should you ever rent. Thanks again.” Grace R. (5 Stars on Yelp)

Loyalty and Retention with Property Management Companies Sacramento

Select values loyalty and knows how to keep tenants happy and renewing their lease agreements year after year. The top property management companies Sacramento know that availability at all hours of the day and night, as well as a quick response time are invaluable to both real estate investors and renters. Everybody likes to feel like they matter and are cared about. That’s one of the many attributes Select provides to its clients and tenants. Let’s see what property owners have to say about Folsom property management company, Select:

Property Owners

“I’m a property owner who lives just far enough away to make having property management the only solution. RPM Select was easy to work with, has dealt well with my hysterical phone calls when something doesn’t go right or I got a notice I didn’t understand and was panicking. They repaired an issue with my house for significantly cheaper than any quote I received. They selected a quality tenant who’s stayed with me since I started renting the property out over 3 years ago. Thanks, RPM Select.” Jamie (5 Stars on Yelp)

“I want to say that as a new landlord, I was a bit wary of not doing everything myself and hiring a property management company.  However, I am pleased with the job Real Property Management Select has done to this time after five months have passed on the contract. They made some important repairs to my property prior to obtaining a tenant, and they found a paying qualified tenant in a relatively short time. Their office is run efficiently and they answer any inquiries I may have promptly.  The charges are reasonable. … All in all I am quite pleased to this point and I recommend this firm for your property management needs.” Steven (4 Stars on Yelp)

“RPM Select did a wonderful job at finding me a tenant for my property. They did an extensive review of the house and let me know everything I needed to take care of to pass the renter’s inspection program and the house was advertised on every available website for the area. Finally, they found me the ideal tenant for my house. I was very pleased with the level of service I received from the Real Property Management team.” Ari (5 Stars on BirdEye)

“RPM Select was great to my family and I. I have properties all over the country and my job as a real estate investor became so much easier when I found RPM Select. I use them to manage all my properties across the country, and they make my job a whole lot easier. I wouldn’t be able to handle half of the properties I own if it weren’t for RPM Select.” Robert (5 Stars on BirdEye)

Why Property Owners Choose Select

It’s clear that Select is the top choice for investment property owners when shopping for property management companies Sacramento. The professional team at Select has your same goals in mind. We handle everything from inspections of the property, to scheduling vendors and technicians for repairs, advertising, showing of the property, rigorous tenant screening process, lease agreement signing, maintenance of the property once occupied, compliance with the lease terms, renewals, move-out, and the turnover process. As mentioned above, our clients do receive discounted repair costs through our preferred vendor pricing whether their property is in Auburn, Elk Grove, or Folsom. Property management is a tough and time consuming business. Let Select put you as our priority and provide you with fast and reliable service. Give us a call today.

How to Choose the right Property Management Company

Deciding on a property management company can be a daunting task. Did you do enough research? What if there are hidden costs? What if I don’t get along with the property manager? Will their goals be the same as mine? There are many unknowns when choosing a property management Sacramento, CA, company, but RPM Select has put together this list of the right questions to ask, so you don’t second-guess your decision.

  1. Is the company dedicated exclusively to property management?
  2. How long have they been managing residential rentals, and how many properties?
  3. What training/certifications has the company received?
  4. Who do I contact with questions and how quickly will I get a response?
  5. How do I know what is happening with my rental property?
  6. How long, on average, does it take to fill a vacancy?
  7. What additional fees will be charged in addition to the management fee?
  8. How will maintenance costs be kept down?
  9. How will the company avoid collection problems and evictions?
  10. How are compliance issues and legal protection handled for clients?

Which Property Management Sacramento, CA, Company Has the Right Answers?

Getting the right answers to these questions can provide you with peace of mind while your management team takes charge. Select property management company has the right answers to these questions.

  1. We are dedicated exclusively to managing rental properties for investors. Your success in owning a rental property is our only priority. Just like managing a mutual fund or investment in the stock market, we want your financial dreams to come true as we manage your real estate portfolio.
  2. Select has specialized in the management industry for over 30 years.
  3. Our experienced team knows the industry and stays current and in compliance with all federal, state and local laws and regulations. This includes all Fair Housing Laws, Equal Opportunity Laws, Americans with Disabilities Act, and many more.
  4. We provide a 24/7 hotline as well as an online owner portal for investors to contact our team about any questions, comments or concerns they have about their property. We encourage open communication both ways. Communication leads to success.
  5. Property investors can collaborate with our experience team on asking rent prices, see when rent payments are deposited into their accounts, see disbursements made, review status of an application, and discuss needed maintenance. They can call our 24/7 hotline or reach us through email.
  6. Our vacancy times are proven to be shorter than the average Auburn property management company. We have a proven process that allows us to quickly fill your vacancy with qualified tenants to reduce your risk of an eviction. We know that everyday your home sits vacant, it’s money out of your pocket. That’s why we understand time is of the essence. Upon a resident moving out, we immediately inspect the vacant property, make notes and schedule appropriate vendors and maintenance technicians, attractively market the property and schedule showings, and conduct our rigorous tenant screening process to get your home occupied as quickly as possible.
  7. Clients choose Select because we are transparent with our fees. To receive a quote for our services to manage your rental property, please call us today.
  8. Select keeps maintenance costs down by conducting regular property inspections. We catch the problems when they are still small to prevent big hits to your financial statements. As a client, you will receive preferred pricing from all of our vendors to save you money when your property does have a maintenance problem.
  9. Property management Sacramento, CA, tenant screening processes are not all created equal. Select requires that all tenants 18 years and older fill out and sign an application to rent and submit sufficient income proof. Our professional team then verifies employment and rental history, conducts credit, criminal, and background checks, and thoroughly explains the lease agreement to reduce your risk of collection problems or eviction.
  10. Compliance issues and legal problems are handled professionally and legally at Select with the help of our experience team and legal professionals. If an eviction occurs, we seek counsel from our legal team to ensure the process is handled correctly with notices and paperwork. We train our team to observe non-compliance with lease agreements which include pets, occupancy guidelines, non-compliance with pest control treatments, failure to pay rent, and much more. Protecting your investment is our priority.  

Why Investors Choose Select

When you partner with a professional Auburn property management company, like Select, rentals are a great financial investment. Let Select handle the details of your investment for you, so you can invest in real estate stress-free. We’ll help you avoid late night and holiday maintenance calls, costly fines, unnecessary vacancies, unexpected emergencies, and dealing with evictions or late rent payments. Call the top property management Sacramento, CA, company today!

Avoiding Costly Mistakes With Property Management Companies

Owning and managing an investment rental property is as easy as receiving an on time, full rental payment, right? Wrong. If only it were that easy and simple. The truth of the matter is owning and managing an investment rental property comes with complexities, knowledge, experience, and expertise. One wrong mistake and you could land yourself in the courtroom with costly bills from your lawyer. Sacramento property management companies know that managing a rental property alone can be stressful and more than you bargained for when you signed the Closing Documents on the house. That’s why the top management company, RPM Select put together this free informative library of information to help you along the way.

  • Time Constraints: Property management is a 24/7 job that requires a responsible party to be available at all times. Yes, this includes major holidays like Thanksgiving and Christmas Day. Maintenance emergencies don’t take vacations. Whether it’s 3:00 AM on a normal day or 9:00 AM on Christmas morning, residents need help when a pipe springs a leak, or a toilet floods, or a fire sparks chaos. Maintenance does not disappear if you ignore it. In fact, it can often times get worse. Take maintenance requests seriously and respond to them promptly. Make the necessary repairs correctly. Maintenance emergencies are just the tip of the iceberg. The entire leasing process such as preparing your home to be rent-ready, advertising your rental, coordinating home showings, conducting tenant screenings, creating and signing a lease contract, and much more prove to be heavy time commitments. A rental investment is a time investment.
  • Follow Laws: You must always follow the law. Take the time now to educate yourself on your local, state, and national rules and regulations. Otherwise, you might find yourself with some hefty violation fines in the future. Violations of local, state, and federal laws can hurt your cash flow. Some major laws to pay close attention to include the Fair Housing Act and Americans with Disabilities Act. Specific laws and regulations apply to property owners. Be aware of collection and eviction laws, property inspection regulations, local city ordinances, state property code laws, and trust accounting laws when handling security deposits and rental payments. Sacramento property management companies know that following these laws only provides you with protection. Don’t think of educating yourself on these matters as an inconvenience. You will create major inconveniences for yourself if these laws are ignored.
  • Firm Lease Agreements and Tenant Screening: Clearly outline tenant responsibility versus landlord responsibility in your lease agreements. Elk Grove property management companies know this will eliminate disputes down the road. A well-written lease protects you as the homeowner. It is your chance to communicate your expectations and set firm-but-fair rent policies. Ensure that your tenants understand every clause of the agreement at the time of signing. This includes but is not limited to: when rent is due, who is responsible for maintenance, who is responsible for pest control and compliance with pest control if it is needed, rules for caring for the home, occupancy guidelines, pet rules, and much more. Carefully choosing a tenant limits your risk of damage to the premises as well as evictions. Do not settle for a mediocre tenant just to fill your vacancy more quickly. This most likely will lead to regret. Verify tenant income and check rental history. Conduct background, criminal, and credit checks. Require an application for every tenant over the age of 18. Following a rigorous tenant screening process sets you up for success and positive cash flow.
  • Sacramento Property Management Companies Stick to a Budget: It is important to account for unexpected costs. Money flows both ways with a rental investment. You must save and account for the costs of home repairs, vacancy times, insurance costs, legal fees, and property taxes. If a simple home repair has you in a panic, you need to reconsider your cash flow management. Look at past repair invoices to determine if an appliance might be in need of replacement in the near future. A general rule of thumb is that carpet should last 5-7 years, appliances should generally last 10-12 years, and paint generally has a lifespan of about 2-3 years. Keep a strict budget and always account for each dollar to stay on track.
  • Regular Home Inspections: Conducting regular home inspections is the easiest way to know the status of your rental and protect yourself as a homeowner. Inspections are a time to catch maintenance problems before they escalate into expensive repairs. You can also look for signs indicating your tenants are not complying with the rules of their lease. Post proper Entry Notices informing your tenants of the date and time frame you plan to enter. While inside, check for compliance with occupancy guidelines, pest control, pets, and damage to the property. Inspect the exterior of the property including structural stability, landscape, sprinklers, irrigation, and rain gutters.

By following the above recommendations provided by professionals at Sacramento property management companies, you will provide yourself with shorter vacancy times, steady cash flow, decreased maintenance costs, and reduced liability. Select wants you to have a positive experience as a rental investor. With more than 30 years of experience, our experts utilize a hassle-free leasing cycle that is proven to be successful. You can be a profitable landlord and see investment gains. Put our Elk Grove property management team to work for you. Learn how our proven processes can increase your bottom line. Give Select a call today.

How Property Management Teams Communicate in the Digital Age

There is no denying that the way people communicate in 2018 verses 2000 has changed drastically. Do you remember when you used to pick up a landline telephone and hand dial your friend’s phone number? You had it memorized and you would chat for minutes or even hours. How often do you call friends on the phone now? Is it mostly text messages that you use to communicate? And how about that landline? Has it been disconnected and you switched over to a smartphone? A 2017 Pew Research study shows that 77% of Americans own a smartphone and among those 77% are the younger generation who are also starting to make up the majority of the workforce. Communicating in the digital age is transforming at a fast pace in every industry. The top Sacramento Property Management company, RPM Select, is keeping up with the technology because it knows that communicating with both clients and tenants is imperative to the success of its business.

How Sacramento Property Management Companies Take Advantage of Technology

With the advantages of technology at your fingertips, Select offers the following suggestions on how to make your life easier, by utilizing technology:

  • Limit Your Paperwork – Turning to digital leasing contracts is the easiest and quickest way to make the best use of today’s technology in the property management industry. Though one piece of paper hardly takes up much space, printing lengthy lease agreements or other documents adds up quickly. With increasing real estate prices, companies can save money by cutting down on the amount of office spaced used by not having to store printed originals and copies of agreements, maintenance requests, notes, and much more. It’s also faster when looking up lease agreements or maintenance requests for references. To top it off, you get greater flexibility by having access to this information from anywhere by using cloud storage. You no longer have to be in your office to see the information you need, when you need it. Say goodbye to tenant application packets too. Rather than piling up hard copies in file cabinets, create online documents accessible with the click of a button. Have prospective tenants apply through an online screening process. Use a digital signature when signing a lease contract or application to rent. At Select, landlords and tenants utilize online portals to view all of these documents. No more wasted time, waiting around for people to turn in paperwork. An online approach to property management in Sacramento CA is the way to go.
  • Advertise and Market Online – When potential tenants are searching for houses for rent in Sacramento, they need to be able to find your information fast. There are too many competitors, and you need to be at the top of the list. Tenants do not want to drive around for hours with their eyes peeled for “For Rent” signs in the front yard. You are doing yourself a disservice by not marketing your rental home online. As a homeowner, utilizing online methods increases your profitability. You see shorter vacancy periods when using virtual resources. Use a variety of sites and resources to increase the amount of people that see your listing. Create vivid pictures, panos, 3Ds, interactive floorplans, or digital video tours of the property. These online virtual showings allow tenants to view your house at the time and place convenient for them. It’s gives them a better look at the layout of the floorplan and allows them to see more realistic features and characteristics of the house. Everyone knows photoshop can make anything look beautiful. Serious tenants want to see the real picture. Advertising online also give tenants the ability to schedule a live showing by submitting an online request and gives homeowners the greatest chance to get quality tenants into their homes.
  • Communicate
    • Client Communication – Seek out a management company that clearly communicated with its clients. Select utilizes an online owner portal to communicate and give live updates to its clients. When clients sign a Sacramento property management agreement with Select they automatically get access to an online owner portal. Here, they can interact with our live support team 24/7. Any questions or comments they may have about their property can be answered instantaneously. They can also view online updates on applications to rent, status of an application, see statement balances, and see when security deposit disbursements are made. Select believes in communication and transparency.
    • Tenant Communication – Sacramento investors cannot afford messy communication with their tenants. Lack of communication or messy communication is a quick recipe to end up in the courtroom. Select ensures there is a “paper trail” of interactions. In today’s digital age, that trail applies to more than a virtual stack of papers. This includes emails, online documents, and texts as well. This does not include phone calls or in-person conversations. That’s where digital notes on the management company’s part come into play. Document everything. Otherwise, you face a high level of risk and liability if caught in a legal battle. The last thing you want is to be stuck in a he-said, she-said situation. Remember that texting may or may not stand up in a court of law. Be careful what information you choose to communicate with your tenants through text.Tenants can also pay rent and submit maintenance requests through their tenant online portal.
  • Be Respectful – Choose to be respectful and make use of the Golden Rule. Words and contexts can be vague through digital communication. Speak and respond to requests and inquiries the way you would want to be treated. Do not call or text tenants, clients, or prospective tenants during hours you would not want to be contacted. When communicating, use proper grammar and spelling.

The basics of property management in Sacramento CA are the same as always. Market a property, find and screen quality tenants, maintain the property, ensure tenants are respectful of the house, stay on top of paperwork, oversee the move-out process, and get the property ready for the next tenant. But the logistics of Sacramento property management are changing with the times. Give yourself the best chance at being successful in your investment property by turning digital with paperwork, advertising online, and communicating clearly and conveniently. Call Select today to see how we can use technology to your advantage.