Property Management in Folsom CA

How Folsom Property Management Companies Deal with Untidy Tenants

Choosing to turn a once owner occupied home into a rental house can be difficult for many homeowners. Homeowners who have put days or months of sweat equity into their homes, meticulously cared for every square foot by regular cleanings, and keeping up with repairs can all feel like it is getting tossed out the window by transferring their home over to a renter. But the truth about rental properties is that not all renters are messy. In fact, if landlords and Folsom property management teams do their homework, it is likely to have a tenant who cares for your house the way that you did. 

Tenant Screenings and Rental History

It starts at the beginning. Carefully screen prospective tenants. When an applicant turns in an Application to Rent, there should be a section on the form where they must list rental or living history. This gives potential landlords the opportunity to contact previous landlords and inquire as to the type of tenants your applicants were while living in a different house. Landlords should ask questions like the following:

  • How much was the monthly rent?
  • Was rent paid on time each month and in full?
  • Were there any late payments?
  • If so, how many?
  • Was an Unlawful Detainer filed?
  • Was the property kept neat and clean by the tenant?

This information will give potential landlords a good picture of their applicants to let them know if they are responsible tenants. Along with verifying rental history, always check credit report scores, verify employment, and paystubs. Folsom property management team, Real Property Management Select, knows that taking action to find out more about your tenants will help protect you as a landlord. 

Enforce Lease Agreement Rules

All lease agreements should have a clause regarding cleanliness standards. Clearly explain and outline what is expected of the tenants. If landlords fail to have a cleanliness clause in the agreement, then they will not be able to take action to correct an untidy tenant. Cleanliness clauses often consist of items like keeping personal belongings inside the property and out of sight from neighbors, routine vacuuming and dusting, washing dishes daily, wiping down appliances, scrubbing toilets and showers, reporting pests, and much more. Conduct routine property inspections of the inside and outside of the property to see that tenants are following the lease agreement rules. If you find that your tenant is not in compliance with the cleanliness clause or any other part of the lease agreement, landlords should first document and take pictures of noncompliance. Folsom property management teams and private landlords should then alert the tenant of the problem or issue, clearly stating where the lease agreement explains the rules, and ask the tenant to please comply within 48 hours. Go back to the property to re-inspect to see if the tenants are now in compliance. Remember to always post an Entry Notice notifying tenants of the date and time frame that you will be entering the premises. If you find that they fail to adhere to the lease agreement, consult with legal counsel to see if you have a case for eviction. 

Clearly State Move-Out Guidelines

When a tenant turns in a 30 Day Notice to Vacate, leasing professionals should acknowledge a tenant’s intent to vacate by posting a receipt that they received the Notice to Vacate, along with cleaning guidelines, and instructions on how to return the house keys. My Move provides instructions for tenants to write a 30 Day Notice to Vacate to give to a landlord. Folsom property management professionals at RPM Select ask tenants to carefully and thoroughly clean the house or apartment prior to moving out, if tenants want to recoup the security deposit that they originally put down on the property. Cleaning guidelines generally cover the following:

  • Move Out: Remove all belongings from the property. Any items left behind will be discarded at the cost of the tenant.
  • Wipe Down: Clean countertops and wipe out cupboards, refrigerator shelves, and pantry shelves, clearing them of all debris and stains. 
  • Appliances: Clean all appliances, including the oven, stove top, microwave, dishwasher, and refrigerator. Pull appliances out and sweep and clean debris from behind and under them.
  • Replacements: Replace burnt out light bulbs, stove drip pans, and filters on HVAC units and the range hood.
  • Flooring: Scrub all tile, hardwood, or laminate flooring. Professionally clean carpeted areas and give the receipt of cleaning to Folsom property management. Doing so will provide proof of carpet cleaning and it will prevent that amount from being deducted from the security deposit. 
  • Walls: Inspect all walls and baseboards. Patch and paint as needed. Many property management firms allow for normal wear and tear at no cost to the tenant. 
  • Window Coverings: Clean and dust window coverings and blinds. Replace broken or damaged blind slats. 
  • Bathrooms: Scrub toilets, bathroom vanities, showers, and tubs. Remove any residue of film or build up. Wipe out vanity drawers and cupboards.

How Folsom Property Management Team, RPM Select, Can Help You

At RPM Select, our professional leasing team handles tenant screening, routine property inspections, and move outs for you. Let us deal with the hassle of property management while you rake in the returns. Call us today

What Tenants Need to Know when Moving In to a Folsom Property Management Rental

Moving into a new house is both exciting and stressful. It is exciting as new tenants look forward to living in a beautiful, clean, new house. It is stressful because moving in general requires a lot of work and learning new property management rules can seem overwhelming. When you move in to a Folsom property management rental house, you can be certain that you will understand and know everything that is crucial to being a responsible tenant. Our friendly leasing staff clearly explains all rules and lease agreements so that our tenants feel comfortable in their new home.

Move-In Property Inspection

Upon moving in to your new rental property, you will be provided with a property inspection form. We urge new tenants to thoroughly inspect their new home and look for any imperfections and list them on the inspection form. Take the time to open and close drawers and cabinets, inspect all walls and flooring, test window and door locks, open and close window coverings, test and turn on all appliances and light switches, test the smoke and carbon monoxide detectors, turn on water, and flush toilets. Make a list of any flaws you find. This will serve you well upon move out. It will alert our Folsom property management team upon move out that you did not cause these damages while occupying the property. We do our very best to prepare rental properties to perfection for our tenants, but honest mistakes or oversights can happen. If you find anything that is in need of maintenance or repair, please submit an official maintenance request online through the Tenant Portal. Return your move in property inspection form back to our friendly staff within five days of your move in date. 

What is a Tenant Portal?

Once your lease agreement is signed and First Month’s Rent is paid in full, you will receive keys to the property. Our friendly staff will also activate a login for new tenants on our online Tenant Portal. Through this online resource, which can be accessed through our website, tenants can pay rent and make maintenance requests, all from the comfort of their couch, workplace, or on the go. Tenants also have the option to enroll in recurring rent payments. This guarantees your rent will be withdrawn from your bank account each month, in full, and on time. Set yourself up for success and reliability.  The days of trying to remember to pay rent on time to your Folsom property management company are in the past.  

Tenant Responsibilities

At Real Property Management Select, we like to avoid any gray area or misunderstandings for our tenants. Upon moving in, tenants will be presented with a Resident Manual that details responsibilities and rules that our tenants must follow in order to continue occupying the premises. 

  • Keep Property Clean and Tidy – Treat your new rental home as if you owned it. We ask that you show respect for the property at all times. Conduct regular cleanings of the property, throw your trash in the garbage can, care for exterior landscaping, and properly ventilate the living areas and bathrooms. 
  • Utilities – Upon move in, please call the respective utility companies and switch the utilities into your name, effective on the day of move in. All utilities include water, garbage, and sewer, internet, television providers, electricity and gas. 
  • Rent Payments – The most important task that a tenant can do is pay rent on time. If you pay, you stay. Our Folsom property management team also requires that you obey lease agreement rules if you want to stay, but we will explain that in the details below. We recommend that you enroll in recurring rent payments through the Tenant Portal. This allows for an automatic withdrawal from your bank account once a month to ensure your rent payment is paid on time and in full. 
  • Caring for Landscaping – Care for the front and back yard by completing weekly and seasonal yard maintenance. Tenants are responsible for taking good care of the yard. Mow the lawn, pull weeds, prune trees and bushes, and alert our Folsom property management team of any maintenance needed to sprinklers or heavy pruning of trees and branches.
  • Minor Maintenance – Tenants are responsible for minor maintenance of their rental home. This includes changing light bulbs as they burn out, replacing filters on the HVAC units, refrigerators, and range hoods. 
  • Homeowners Association Rules – Just like if you were the homeowner, we ask that our tenants follow all HOA rules and regulations. This means keeping up with the yard work, following rules to common areas like the park and pool, and properly storing vehicles and recreational vehicles.
  • Report Maintenance – As soon as you find a maintenance issue, please file a maintenance request through the Tenant Portal. Though the issue may seem small now, it can quickly turn into a big problem if it is unaddressed. Look for signs of leaks or safety hazards, which could cause harm to the property or the tenants and report it immediately. If you come across a maintenance emergency, please contact our Folsom property management emergency hotline that is available 24/7. 

Owner Responsibilities

Owning a rental property takes an extensive amount of time, energy and knowledge. Select works with owners who properly care for their rental properties and helps assist them during the turnover process and when maintenance requests permit. The following list informs you of what our property owners are required to take on as their responsibility:

  • Provide and Clean, Safe, and Rent Ready Home – During the turnover process, our leasing professionals at Select work closely with our property owners to prepare the property for new tenants. This includes rekeying of all the doors for security purposes, paint, cleaning, repairs or improvements inside and outside, and so much more.
  • Legal Compliance – Sacramento County has clearly outlined the rules and regulations around smoke detector installations and carbon monoxide detectors. Rental property owners with Select are required to follow state, local, and federal laws regarding detectors inside the home in Folsom. Property management staff with Select double checks and confirms that all aspects of the rental properties are in compliance. 
  • Provide Residents with HOA Rules –  As a property owner, no one knows the HOA Rules better than them. The Select leasing staff requires that property owners provide them with all of the rules and guidelines that residents must follow as part of living within the HOA.

Select Resident Club

When tenants pay rent on time each month, they will be prompted to click a link and sign up for Select’s Resident Club. Once becoming a member of the Resident Club, tenants can unlock hundreds of coupons and deals, some up to fifty percent off, which will save them hundreds or thousands of dollars on everyday purchases. These deals and coupons given to our tenants from the Folsom property management team include grocery stores, dining, retail shopping, entertainment, and theme parks. 

When a Tenant Plans to Vacate

When it is time for you to move, we want you to know that we appreciate your tenancy. For residents that have paid rent on time and taken good care of the property, we offer you a Payment History and Letter of Referral for your next house. Please contact our friendly Select staff to turn in a 30 Day Notice to Vacate or refer to your Resident Manual for Frequently Asked Questions. 

Thank you for Choosing Folsom Property Management, Select

We know that you have many options when choosing a rental home. We want to thank you for choosing Select. Renting a home should be an enjoyable experience where you feel safe and comfortable. Please contact our staff if there is anything we can do to assist you. We hope you enjoy your stay.

How Folsom Property Management Gets Your Property Rent Ready

When it comes time to get your home rent ready, time is money. Everyday that your property sits empty is money out of your pocket. It is crucial to your cash flow to work as quickly and efficiently as possible to turnover your rental property and get it ready for viewing by new prospective tenants. Folsom property management company, Real Property Management Select, leases more than five thousand properties each month and has perfected the rent ready process. Follow along for efficient steps when getting your home ready for your next tenant.

Curb Appeal

Inspect the property from the street view. How does it look? Are the flowers pruned and vibrant? Are tree branches dead and overgrown? Are there weeds intertwined between bushes? Is the driveway clear of oil stains or debris? All of these factors impact curb appeal. The front view of your house is the first thing that applicants see when they arrive for a showing. Make your landscape beautiful and attractive. Folsom property management teams suggest landlords fertilize, mow the lawn, trim dead tree branches and flower stems, or replace dead plants as needed. Check the sprinkler system and make sure your vegetation is getting sufficient water.

Maintenance and Repairs

No one wants to move into a new rental property to find appliances are broken, the air conditioning system does not work, or a pest control problem. Once the previous tenant moves out and returns keys, enter the property immediately. Time is of the essence when turning over a rental property. First things first, rekey the property. This should be your first step upon starting the turnover process. This protects Folsom property management companies from liability, and protects the future tenant. Even though a landlord may have received all keys that were issued at the time of lease signing, you never know if they have made extra copies and handed them out to friends or family. Test all appliances, replace filters on the air conditioning unit, furnace, and hood ranges. Paint the walls a neutral color that is attractive to all people. Do not do a touch up paint, as the wall will likely appear blotchy. Paint the entire wall that is in need of paint. Clean or replace carpets and flooring as needed. Test and replace the batteries in smoke and carbon monoxide detectors. Know the laws in your city regarding smoke, carbon monoxide, and radon detectors. Folsom property management firms are required to provide smoke alarms and carbon monoxide detectors in dwellings.

Get Your Price Right Through Market Comparisons

Pricing your rental property can be crucial to your success and vacancy time. If you price it too high, you run the risk of an extended vacancy time. If you price it too low, someone will snatch it up immediately, and you could have achieved a higher rent price, which would have  increased your monthly cash flow. Complete a market comparison analysis to make certain your price is competitive with similar properties. Folsom property management teams conduct market comparisons by looking at active rental listings that offer similar square footage, bedroom and bathroom ratios, have similar amenities, updates, and features. Pick properties that are within a 5 mile range of your property. Call the manager or landlord and ask them what their property has to offer. Find out about their security deposit prices, application fees, and any other fees that are included or excluded in the rental price. Once you have determined a ballpark range, start high. Test a rental price on the higher end of the range and see how much interest you get. If your phone is slow to ring, this is a good indicator that you should lower the price. Folsom property management professionals list their rental rates just below the fifty dollar increment mark. For example, a rental price appears more attractive to potential renters if it is listed at $2,295 instead of $2,300. Likewise, $2,245 looks more attractive than $2,250. Try it out and see if you are more successful by listing with this strategy in mind.

Showing the Property

Create a warm and inviting atmosphere for your prospects. Keep the utilities turned on and keep the thermostat at a comfortable temperature. It is a quick turnoff for renters when they walk into a dark house that is freezing cold or blistering hot. Place a neutral air freshener inside the property in a conspicuous location. Make sure it is not too potent. Keep up with lawn care during vacancy or hire a landscaping company to do it for you, so you can focus on showings and applications. Folsom property management team, RPM Select wants to remind landlords to please consider your safety when showing a property. Stand at the front door or on the front porch while your prospective renters walk through the house themselves. This often makes them feel more comfortable anyway, and it keeps you safe.

Folsom Property Management Company, Select’s Proven Rent Ready Process

Select is known for getting rental properties rent ready in record time. When you hire Select to lease your property for you, you know that all work will be done efficiently, showings and correspondents will be carried out in a professional manner, and you will end up with the highest quality of renters who are more than qualified to lease your home. Put our proven process to the test in Folsom. Property management experts are standing by waiting for your call. Call us today.

How Folsom Property Management Experts Save You Money with Routine Property Inspections

Entering the waters of property management can be a daunting task. So many what-ifs and unknowns can make it difficult to navigate the stormy seas. You know your end destination, but how will you get there and how many storms will come your way? Folsom property management experts at RPM Select are here to assist you in smooth sailing. While there are many tasks at hand when it comes to managing a rental property, we believe that one of the best and easiest ways to land you safely on the white sandy beach of your sailing destination is through conducting routine property inspections. Routine inspections do cost a little bit of money up front, but by doing so, they can save you bundles of money in the long run.

Proper Entry Notice

Before you enter the front door of your rental property, you must post a proper entry notice letting your tenants know what day and time you will be entering the premises. Proper entry notices usually come in the form of an official paper notice posted on their front door, though as more management companies keep up with the digital age, some notices are known to be delivered via email or even text message. Check with your attorney before settling for a less formal entry notice. This notice should be posted no less than 24 hours in advance, but 48 hours is preferable in property management. Folsom teams like to give tenants 48 hour advance written notice to be courteous and give them time to get their things in order and make sure the property is presentable. On the entry notice, tell your tenants the reason for your inspection. Set clear expectations and intentions of what you will be inspecting.

Folsom Property Management Teams Should Commit Now to Semi-annual Inspections

Routine property inspections should be done semi-annually to make sure your property is in perfect working order. These inspections should include both the interior and exterior of the property. A good rule of thumb is to conduct one inspection in the spring and another in the fall. Keep in mind, you will be responding to maintenance in between these inspections as needed. By conducting regular inspections, you will be able to see any signs of a maintenance problem, hopefully before it becomes a big maintenance emergency. When tenants see that Folsom property management teams make regular inspections of the property, they are more likely to care for the property and treat it with respect. Having clean and respectful tenants will save property owners money on maintenance.  

What You Should Inspect

Property owner’s inspection checklists vary depending on if the property is occupied or vacant. For the purpose of this article, we are going to point out which items you should inspect during occupancy while conducting a semi-annual property inspection.

Inspection Checklist for Interior

  • Clean and replace air conditioning and furnace filters
  • Clean and inspect the fireplace
  • Inspect all appliances: turn on the stove and oven to ensure they are in proper working order and replace the filter on the microwave as grease buildup can be a fire hazard
  • Check the stability and security of glass shower doors, hand railings on stairways, and toilet seats
  • Look for signs of leaks including bubbles in wall under paint, warping of flooring, or mildew growth on walls
  • Folsom property management companies always test and replace smoke and carbon monoxide detectors and its batteries so they are always in proper working order
  • Inspect and replace any caulking or silicone around the kitchen and bathroom sinks, and the showers and tubs
  • Clean out the lint from the dryer vent
  • Inspect the attics and basements for pests or signs of pests (animal droppings)
  • Ensure windows and doors all lock and create a tight seal to prevent a draft or leaks during the rainy season
  • Check for signs of overcrowding from tenants, including an excessive amount of mattresses or clothing
  • Check for any pets or signs of smoking, especially if a lease agreement prohibits pets or smoking

Inspection Checklist for Exterior

  • Inspect and turn on the sprinklers
  • Rake and clean dead branches, leaves and other debris from the yard
  • Prune trees and shrubs
  • Check for new or large cracks in the concrete that could cause a tripping hazard
  • Repair any window or door screens so there are no holes or tears in the screens.
  • Inspect the roof shingles
  • Clean out debris from gutters
  • Place a fresh coat of stain on any wood decks to prevent splitting or splinters

Property Managers in Folsom Always Document

Protect yourself as a property manager and always document your findings after your property inspection. Doing so will help protect you if legal action is brought against you. Take pictures of the property on the interior and exterior during your inspections as proof of your findings. If you find anything during the inspection that lets you know your tenant is in violation of any part of the lease agreement, follow up with an official notice and a time by when the violation must be resolved.

Select’s Way is the BEST Way

At Select, we pride ourselves on open communication with our clients and tenants. As the top rated Folsom property management company, we always give clients updates on what we find during routine inspections and tell them of the proper course of action to take if needed. Our property inspections are proven to help clients reduce the amount of money they spend on maintenance. Don’t try to navigate the rough seas without us. Come on a smooth sail with us. With Select, you’ll never land yourself on the rocks. Call us today.

Avoid Negative Tenant-Landlord Interactions

“Be friendly, but not friends,” is just part of the advice Folsom property management firms give to new landlords who enter the real estate investing industry. It can be a fine line, but maintaining professionalism and upholding lease agreement rules while still being kind and respectful is crucial to having a successful tenant-landlord relationship. Another way to look at it is “The Golden Rule of Property Management in Folsom.” Treat your tenants the way you would want to be treated. The experts at RPM Select are providing landlords with the following recipe to help them establish successful relationships and avoid negative tenant interactions. Mix in just the right amount of these tips, and you are sure to have positive and respectful communications with your tenants.

Don’t Make it Personal

A house is just a house until you make it your home. Whether you intended all along to transition it into a rental property or if life threw you a curveball and forced you into it, you are now making the decision to rent out your home. Either way, memories were made in that home, time and hard work were executed there, and you now find yourself with emotional ties to a piece of real estate. Folsom property management teams see this love and emotion from landlords to their homes often. Unfortunately, it does not serve them well. As soon as a property is transferred from personal use into a business investment, it must be treated like a business. When emotions are mixed in to a business deal, it is a recipe for disaster. No tenant is going to have the emotional attachment to your property like you do. After all, they are renters. They are temporary. Each month that they pay you rent, they are throwing their money away. You gain equity, but they gain nothing. See the property as emotionally-removed as possible and treat it as a business.

Be Realistic

Setting realistic expectations for your tenants and mixing it with emotionally-removing yourself will prove to give you success as you navigate property management in Folsom. Remember when we said a house is just a house until you make it your home? These temporary renters will only make it their home if they intend to stay there at least one year. They may not give the property the TLC that you gave it in years past, and that is okay. This is one of the purposes of the lease agreement. Be clear with your wording in your lease agreement so that tenants understand what is their responsibility and what is yours. Landscape care, shoveling of a snowy driveway, changing a light bulb, or unclogging a clogged toilet are just a few of the gray areas that tenants have reported to Folsom property management firms.

Show You Care

When a phone call, email, text, or knock at your door arrive from your tenant, respond and take action quickly. All maintenance requests should be responded and attended to within 24 hours of first hearing of the problem. Maintenance emergencies should receive priority and get immediate attention. Even when the phone rings at 5:30 PM on Friday night just as you are heading out for a fun-filled night of activities, answer the call. It may be a minor maintenance request that can wait until Monday morning, like a blind slat falling off, or it may be a maintenance emergency of a pipe bursting. If maintenance is ignored, you open up a can of worms. Some of the percussions you can expect include an angry tenant, a tenant who stops reporting maintenance because they see that you don’t take action, difficulty collecting rent, higher maintenance costs because problems that go ignored often get bigger and worse, and high tenant turnover rates. Show that you care and your attentiveness will go a long way.

Document, Document, Document

Property management in Folsom is a fast-paced business. Depending on how many properties you are juggling, you may have multiple tenant interactions daily, making it difficult to remember who needs what and what was said. One of the most important tasks landlords will do while managing is to document. Document maintenance requests, conversations, emails, phone calls, texts, and even observations that you notice while conducting property inspections. Doing so will protect you in case a tenant ever tries to take you to court. Document how you responded to maintenance requests with time stamps, what was said between the two parties, and any lease agreement violations that you notice like occupancy or pet violations during routine inspections. If you do notice lease violations, address them promptly in writing.  

Why You Need Folsom Property Management Team, Select

At Select, we follow the Golden Rule and can prove that our recipe for successful tenant-landlord interactions always reap the best results. But if baking is not your forte, we invite you to step out of the kitchen and let Select take control for you. Our experts have more than 35 years of experience in keeping tenants happy and long term. Call us today.

Folsom Property Management Team Gives Advice for Tenants

Whether you are a first time tenant or have been renting for years, property management companies in Folsom know that the relationship between landlords and tenants are imperative to having a positive experience in the rental industry. Many factors contribute to a positive experience as a renter or landlord. RPM Select has compiled an experienced list of things that tenants can do to maintain a positive relationship with management while they rent.

    1. Pay On Time: Rent collection happens every month and is a tedious task for landlords who manage multiple properties. The last thing property managers want to do is post a 3 Day Notice to Pay Rent or Quit on every door. When you sign your lease agreement with a Folsom property management company, clarify the day each month that rent is due. Mark it on your calendar, set a reminder on your phone, or set up automatic rent payments to make sure you do not forget to pay rent. This saves renters money in the long run because if you fail to pay rent on time, the majority of landlords charge late fees for rent payments. Some charge a flat rate while others charge by the day.
    2. Follow the Rules: Use your lease agreement as an outline to know what your property management company expects of you. Rules vary from landlord to landlord, so read your lease agreement at the time of move in. Lease agreement rules are not only there to protect the landlord, but residents as well. Many property management companies in Folsom have Quiet Hours that state residents must turn down their noise levels from nine o’clock at night until nine o’clock the following morning. While this may seems inconvenient to you if you plan to host a gathering, remember that next time when your neighbor chooses to throw a wild party, you will be rewarded with peace and quiet starting at nine o’clock that evening because of the Quiet Hours which are stated in your lease agreement. Failure to comply with lease agreement rules may result in a warning from management. If you continue to disregard the rules, your landlord may not renew your lease, or worse, have a valid reason to evict you.
    3. Communicate with your Folsom property manager: In every relationship, whether it is professional, friends, or romantic, communication is key to helping any relationship succeed. If you have a maintenance request, call your property manager to relay the information and how soon the request needs to be addressed. A thorough and concerned property manager should send a technician within 24 hours for minor maintenance, and immediately for a maintenance emergency such as a flood or fire. Living in a rental property can be difficult when you would like to decorate the house to make it your own. If there is a wall that you want to paint or pictures you want to hang, refer to your lease agreement for appropriate rules or call your property management team in Folsom to get their written permission before you proceed.
    4. Show Respect for Your Home: Consider this: if you owned the home yourself, would you do it? Too often tenants treat rental properties with disrespect simply because they do not own the home. They allow the landscape to take a turn for the worse and become overgrown with weeds, they allow their children to draw on the walls with markers, they fail to report a pest control infestation or a slow leaking pipe causing water damage to the flooring and sheetrock. All of these actions, or failure to take action, cause damage to the property creating lasting and costly problems. Show respect for your rental and your landlord or Folsom property management team will show even greater respect and gratitude for you. Keep in mind, many rental homes were once owner occupied and carry a sentimental value to those homeowners.

Folsom Property Management is an Investment and a Game

Just like learning how to play a new board game with friends on Sunday night, learning how to be a good tenant is like playing a game. Learn the rules by reading and understanding the lease agreement. Play by the rules and work together with your team, the property manager, and everybody wins and has fun. Landlords are typically renting out their house as an investment. They are hoping and planning on making income off of renting it out. When tenants fail to report maintenance requests or cause damage to the property on purpose, it hurts the bottom line of the landlord and often results in the tenant paying for the damages. Care for your rental in order to save yourself money. Good tenants are rewarded. Call your property management Folsom team, Select, today to see how you can get into one of its rental houses.

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.

how to handle bad tenants

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 Select 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 Select. 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!

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 Select 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 Select 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 Select and find out what more we can do for you!

Common Mistake #1: Leasing Delays

 

 

Fort Worth property management and leasing

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

Our mission at Real Property Management Select 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 Select. 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 Select, 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 Select 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 Select advertises our homes on many popular websites taking the stress of advertising from off your shoulders.

Real Property Management Select 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!