Property Management in Folsom CA

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 SAC-METRO 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, SAC-METRO, 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 SAC-METRO, 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 SAC-METRO 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 SAC-METRO 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 SAC-METRO 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 SAC-METRO, 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 SAC-METRO 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 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!

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

 

 

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 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

property management Folsom, Folsom property management

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.

How to Lower Maintenance Costs While Providing a Quality Rental

Reduce Vacancy and Lower Maintenance Costs

Property owners everywhere want to reduce their expenses, but it can be difficult to know where. Fortunately, Real Property Management SAC-METRO have identified areas where money can be saved that many people don’t even consider.

Lower Maintenance Costs

You might assume that the expense of maintenance comes with rental territory in Folsom. Property management, when done right, can dispel this myth. Well-maintained appliances last much longer than neglected ones, which means you don’t have to purchase a new washer, dryer, fridge, dishwasher, air conditioner, or furnace, for example, before it’s absolutely necessary. We don’t advise ignoring them, but caring for them so they work properly and longer.

Reduce Rental Vacancy

Tenants hate it when appliances break. Having the AC go out in the summer, for instance, could cause some hot tempers for both you and your tenants as you try to repair it. Additionally, if you fail to upkeep the property and break your end of the contract, tenants can leave early. This adds marketing, showing, and re-leasing costs to your budget – and you still have to pay for the repairs. Your goal should be to keep your tenants happy, so they will stay longer, renew the lease, and keep your cash flow steady.

Don’t Take Chances

Don’t play the game of risking your investment in Folsom. Property management from professionals helps you attain a level of security in the face of unforeseeable risks that can threaten your investment. When it comes to risk, the more that you can manage the better. Our trained and certified experts offset this risk with regular inspections and maintenance, helping to take the surprise out of the rental property business.  

Capable professionals will give you the advantage you need to compete in the housing market with high demand, quality homes through unparalleled property management. Folsom-based inspectors are ready and willing to protect your assets for years to come. Put Real Property Management SAC-METRO to work for you today.

Professional Folsom Property Management Saves Money

Professional Folsom Property Management Saves Money

As a landlord in Folsom, you likely have one or more of the following goals:

  1.     Earn extra income
  2.     Break even (or lose less) on a house that can’t be sold for what is owed to the bank
  3.     Receive tax deductions
  4.     Invest in long-term equity

We recognize it all comes down to money and because of this, some owners worry that hiring a professional Folsom property management would be an extra expense and counter to their goals of saving or making more of it.

The Cost of Self-Management

Managing your own property can be costlier since it is a demanding, complex job with significant financial and legal strings attached. It requires around-the-clock availability, and regular, unpleasant encounters with tenants. It’s all part of property management. Folsom-area experts from Real Property Management SAC-METRO, however, have seen it all: drugs and crime, family crisis, natural disasters, tenant excuses, and evictions. Experience breeds better preparation. We take active preventative and emergency response measures daily.

The Savings of Professional Management

Professional Folsom property management from Real Property Management SAC-METRO pays for itself. Vacancies are filled faster, you get volume discounts on service and equipment, you avoid costly mistakes, and it is often tax deductible.

We love the advice, “don’t step over dollars to pick up a dime.” Tens of thousands of landlords across the nation get a better return on their investment by truly evaluating the costs of professional management then putting Real Property Management SAC-METRO to work for them. We treat your rental as a business since that’s what it is.

So, before you assume self-management is your only option, ask yourself if you are truly qualified, if you know everything a property manager does, if you can afford costly mistakes, if you understand all the legal risks, if you are willing to put your personal life on hold for unexpected issues, if you can handle the stress, and if you have the time. If the answer is no to any of these, then give yourself the old pink slip and call Real Property Management SAC-METRO to take care of all your Folsom property management needs. We guarantee you will save valuable time, headaches, and especially money.