Folsom Property Management: How to Handle Bad Tenants

Look Out for Bad Apples

Being a landlord is no easy job. The responsibilities do not stop on weekends or holidays. But, placing quality tenants in your rental often decreases your workload. A reliable Folsom property management team can conduct a rigorous tenant screening for you to be able to gather information about your potential tenants. Real Property Management SAC-METRO is easy to work with, trustworthy, and affordable. With more than 30 years of experience in property management, Folsom homeowners can trust the expertise and knowledge of our professionals.

Tips From Our Experts

Problems tenants are just that – a problem. Some tenants habitually pay rent late, break the rules, and abuse the property. This ultimately makes being a homeowner difficult and can also hurt your bottom line. What can you do if caught in a sticky situation with bad tenants?

Timely, effective, and clear communication is a must. If rent is late, mail out a notice. If you don’t see a payment within a few days, give the tenants a call. If rent is habitually late, you need to take action. Depending on local laws, you can notify your tenants of a move-out date if rent is not paid.

Furthermore, some tenants might break the law, violate the terms of the lease, or damage your property. Once again, talk with your tenants to try and understand what is happening. Regular home inspections are an easy way to stay up-to-date on the condition of your rental unit. If you are made aware of any dangerous or criminal activity, contact the proper authorities.

Our Folsom Property Management Team

Searching for dependable property management? Folsom investors can trust the experts at Real Property Management SAC-METRO. We handle it all – marketing, leasing, collections, evictions, maintenance, and accounting. Our professionals know the complexities and legal risks of managing tenants and properties. We work hard to safeguard your investments and increase your cash flow. Hand off the hassles of being a landlord and give us a call today!

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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 MISTAKE #1: LEASING DELAYS

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Extended vacancies drain your cash flow for your Folsom property management. Learn how to prevent them.

Our mission at Real Property Management SAC-METRO is to help rental property owners increase cash flow, improve efficiency, and sustain the stability of a property investment. But new investors often don’t understand the complexity and risks of managing tenants and properties. As the number one industry leader in property management, Folsom landlords trust the proven processes of Real Property Management SAC-METRO. Our dedicated experts help landlords avoid common mistakes and expensive oversights.

Leasing delays and extended vacancies are among of the most common mistakes DIY landlords make in property management. Folsom landlords realize the average rental vacancy can last well over a month which greatly impacts cash flow. Many landlords take a disorganized approach to solving these leasing and vacancy problems. At Real Property Management SAC-METRO, our professional Folsom property management is uniquely able to help owners prevent further hassles and headaches with leasing delays.

First, our experts recommend getting the property rent-ready. Landlords lose a majority of their applicants after listing if their property lacks curb appeal or is not ready to show. Getting a home ready to rent starts when the former tenant moves out. Re-keying, lock box installation, and fixing cosmetic and functional repairs are a few of the first steps.

Next, make sure your home rental is priced right. The experts at Real Property Management SAC-METRO know all the ebbs and flows of the local rental market. Potential tenants will be turned off if the property is priced too high, and your profit will be crippled if the property is priced too low. We offer a free market evaluation to help you decide on the best rental price for your investment.

Finally, market your property aggressively. Too many owners stop with a yard sign or an online listing. To find great tenants for your rental home, our Folsom property management team recommends posting on 20 to 40 popular websites. Video tours and quality images will increase the listing’s appeal. Real Property Management SAC-METRO advertises our homes on many popular websites taking the stress of advertising from off your shoulders.

Real Property Management SAC-METRO is committed to helping investors get a better return on their rental investments. Our team of specialists ensures the best performance in property management. Folsom landlords depend on us for marketing, leasing, maintaining, inspecting, collecting, and many more rental services. Thousands of investors know you won’t find a more professional and experienced property management company. Learn more about our services and put our team to work for you today!

Real Property Management SAC-METRO: The Best in Folsom Property Management

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Residential property management is becoming more complicated as tenant expectations, regulatory requirements, and technological demands continue to grow. At Real Property Management SAC-METRO, we continue to increase our ability to meet those demands. We have a wide variety of clientele nationally, but there is a keen, local focus to the way we conduct our property management. Folsom and greater Sacramento area investors can trust that we know how to best manage properties in their specific areas.

Who We Serve

Real Property Management SAC-METRO helps manage a wide variety of properties. We work with homeowners when they choose to relocate, downsize, or find themselves unable to sell their property. Our stability, affordability, and expertise help them avoid costly mistakes. Working with individual investors, we help them avoid the hassles and headaches of managing rental property, while getting a better return on their investment, no matter how many properties they own. We also work with institutions, like investment firms, banks, mortgage lenders, or government entities, providing comprehensive and reliable investment management for their residential real-estate properties.

How We Serve

With over 240 locations across the country, we can help with the most geographically diverse of investment portfolios or your most local Folsom property management needs. Though we are a national company with investors and property owners across the nation, our focus is still always local. We know each area we work in, so you know you can trust us with your most specific Folsom property management needs. Our clients choose us for our experience, for our reliability, and for our professionalism. Our focus is always on helping our clients get the best return on their investment. In our nearly three decades of experience, we have transformed the property management industry into a professional, legitimate option for asset management.

Homeowners, institutions, and investors across the nation choose us for our proven, reliable property management. Folsom-area entities can trust our ability to do the same for them.