Property Management in Rancho Cordova CA

How Rancho Cordova Property Management Teams Find Reliable Tenants

There are few things as wonderful as Christmas, puppies, and babies. But if you are familiar with the rental property management scene, you know having a reliable tenant who pays rent on time each month and treats your property with respect, makes everyday feel like Christmas. The Rancho Cordova property management leader, RPM SAC-METRO, knows that your experience with your tenants can make or break how you feel about owning a rental home. With so many applicants and different factors that go into considering accepting a new tenant, SAC-METRO has provided landlords with a fool-proof way to keep your cash flow routine.

The Basics

Listing your home on the rental market is a big step for many landlords. Homeowners often have an emotional attachment to the home, making this big step a scary step. The California Real Estate Commission considers rental properties as business ventures, and they should be treated like one. The most successful Rancho Cordova property managers let go of their emotional attachments and get down to the basics:

  • Applications: Require that every person who is 18 years or older who wants to reside in your rental property fill out an Application to Rent. On this application, you will discover how many occupants wish to live in the residence, if they are employed, their income, rental history, and if the applicants have pets. Double check that the applicants have all signed and dated the bottom of their applications.
  • Income Proof: This can sometimes get messy. People are paid in a variety of different ways while some are self-employed. Always require that applicants submit sufficient income proof when they return their Applicant to Rent. Prior to listing your home on the rental market, Rancho Cordova property management teams need to establish a proper income to rent rate ratio. This ratio is often 2.5 to 3 times the rent amount. If your listing price is $2,800 per month in rent, the combined gross household income must be a minimum of $7,000 if your ratio is 2.5. Always looks at gross household income, not net. Most property managers consider proper income proof to be the two most recent pay stubs, six months of bank statements, or two years of tax return documents.
  • Credit Checks: It is difficult to rank one of these four rental selection basics above another, but credit checks along with rental history are arguably the most helpful. A credit check will tell you any outstanding debts that an applicant has. These can range anywhere from unpaid utility bills, to medical bills, to unpaid balances to previous landlords or management companies, and more. In the Rancho Cordova property management industry, credit checks alone can determine the outcome for an applicant. Landlords and managers should not accept any applicants who have unpaid balances to utility companies or previous landlords, but many do offer leeway to those with medical bill balances. If a tenant does have a small balance to a utility company, some landlords will give them the opportunity to pay off the debt that day and bring them proof of the payment as a condition of accepting the applicant.
  • Rental History: When screening your tenants, call previous landlords and management companies. Some good questions that Rancho Cordova property managers ask previous landlords. Answers to these questions can be very insightful and helpful in selecting the right tenant for your property.
  1. Did the tenant pay their rent on time and in full each month? If not, how many late payments were received?
  2. What was the rent amount when they lived at your property?
  3. Did the tenant take good care of the home or property?
  4. Was the tenant a courteous neighbor?
  5. Would you rent to this tenant again?

Rancho Cordova Property Managers Must Treat Everyone the Same

Be aware and educated on discrimination laws. Big corporations as well as private landlords must treat all applicants equally and with respect. Landlords cannot discriminate against religion, race, color, national origin, gender, familial status, or disabilities. Some local governments have also enacted that property managers cannot discriminate against sex, age, marital status, source of income, height, weight, sexual orientation, gender orientation, or public assistance recipients.

Do your due diligence and screen your applicants with uncompromising guidelines. The work you put in up front will pay off in the long run. You might find a tenant so good, they will stay for years and care for your house as if it were their own. Industry experts at Rancho Cordova property management team, SAC-METRO, adhere to a rigorous screening process to find clients only the best of the best. Our proven process helps property owners know they can depend on that rent check coming in month after month. Call us today to see how we can find you the perfect tenant and in record time.  

What Landlords Need to Know About Tenants with Animals

You have heard the saying, “A dog is a man’s best friend.” It is no secret that people love their pets. In fact, a Zillow research study found that 41 percent of renters list allowing pets as a requirement. Pets come with pros and cons. If you allow pets, you open up the rental field to more potential renters. On the flip side, if you allow pets, you open your home up to risk of damage – – urine on your carpets, damage to baseboards if they have a puppy, lawn damage, and much more. What if someone has a service animal? This is a whole different ball park. Service animals cannot be discriminated against. There are many laws you must follow if you receive an applicant with a service animal. Rancho Cordova property management team, RPM SAC-METRO want landlords to be successful and avoid lawsuits. Below you will find answers to your questions regarding pets versus service animals.

What is the Difference Between a Pet and a Service Animal?

Let us be clear, a pet is not a service animal. And a service animal is not a pet. According to Title II and Title III of the Americans with Disabilities Act (ADA), a service animal is any dog that is individually trained to do work or perform tasks for the benefit of an individual with a disability, including a physical, sensory, psychiatric, intellectual, or other mental disability. These tasks include pulling a wheelchair, alerting a person to sound, picking something up when dropped, pressing a button, or alerting a person to take medication. An emotional support animal is not a service animal. Rancho Cordova property management experts want to be clear that the work or tasks performed by a service animal must be directly related to the individual’s disability. A doctor’s note is not sufficient to claim a dog as a service animal. The following list of service animals that fit the ADA description include:

  • A guide dog or a seeing eye dog (severe visual impairments or blindness)
  • Hearing or a signal dog (hearing loss or deaf)
  • Psychiatric service dog (reminder to take medicines, turning on lights, PTSD, etc)
  • Sensory signal dog (autism)
  • Seizure response dog (seizure disorders)

Remember, if a rental applicant lists that they have a service animal, you cannot inquire as to why. The person with the disability cannot be asked about the nature or extent of the disability. They can only be asked the following two questions:

  1. Is the animal required because of a disability?
  2. What work or task has the animal been trained to perform?

These questions should not be asked if the answer is obvious.

A pet is a domestic animal kept for companionship or pleasure. Rancho Cordova property management teams too often see people trying to pass off their pets as service or therapy animals.

Service Animals and Housing Laws

A landlord or professional management teams cannot discriminate against a person with a service animal. Under the Fair Housing Act, a landlord or homeowner’s association must provide reasonable accommodation to people with disabilities so that they have an equal opportunity to enjoy and use a dwelling. While emotional support animals are not protected under the ADA, they can be considered as reasonable accommodations under the FHA.

If landlords do choose to allow pets on the property, they can charge a pet deposit upon move in. A normal pet deposit ranges between $200 and $500. This protects the property owner if damage is done by the pet during the time that it resided at the property. Charging an extra deposit, however, is illegal when it comes to a service animal. Property management Rancho Cordova teams can ask a person to certify the following when accepting an application from a tenant with a service animal:

  1. that the tenant or a member of his or her family is a person with a disability
  2. the need for the animal to assist the person with that specific disability
  3. that the animal actually assists the person with a disability.

Landlords may not set weight, size or breed restrictions on service animals.

Rancho Cordova Property Management Rights

Landlords are permitted to exclude a service animal if it causes a fundamental alteration of the goods and services provided to other tenants, or if the animal poses a direct threat to the health and safety of other tenants. Examples include a barking dog that keeps other tenants awake during the night or fecal matter left in the common area without getting cleaned up by the owner. Property management teams must document the evidence of these nuisances when they occur in order to exclude a service animal from the property. If you have any questions regarding service animals on your property, contact a lawyer.

The Bottom Line

Property management Rancho Cordova teams cannot discriminate against persons with service animals. They can choose to allow pets or not. They can charge for a pet deposit, but not for a service animal deposit. Landlords cannot inquire as to why the applicant or tenant needs a service animal. They can ask if the animal is required because of a disability or inquire as to the work or tasks that the animal has been trained to perform. Landlords cannot require a demonstration from the animal. If you have questions regarding a service animal on your property or renting to someone who has a service animal, contact your lawyer.

Property Management Rancho Cordova: Prepare for Freezing Temps

Be Proactive

When the weather starts to cool down, it’s time to think about winterizing your rental home. If frozen pipes burst, you can end up paying thousands of dollars in water damage repairs. It is best to be proactive before severe weather hits. At Real Property Management SAC-METRO, we make sure your investment property is protected against cold temperatures.

What to Winterize

When working with property management, Rancho Cordova homeowners can trust the professionals at Real Property Management SAC-METRO. Your property is important to us. We deal with the daily duties of being a landlord all while increasing your cash flow. A burst water pipe hurts your bottom line. Hence, it is very important to winterize your rental unit.

The best way to minimize the risks of a pipe bursting is to install proper insulation. Insulate any pipe that is exposed. This includes outdoor faucets and pipes that run through the attic. A hard faucet cover is best for outdoor faucets or hose bibs. For indoor pipes, you have several options depending on the type and location of the pipe. Considering using tubular pipe insulation, a heat cable, or applying blown-in insulation.

Also, if your rental unit is vacant during winter months, it is wise to keep the heat on even without tenants in the home. Go throughout the home and open any cabinet and closet doors where pipes are visible as well. This allows warmer air to circulate around the pipes.

The Help of Sacramento Property Management Professionals

Do you need the help of property management? Rancho Cordova investors know their property is in good hands when working with Real Property Management SAC-METRO. With more than 30 years of experience, our Sacramento property management team knows the rental industry and knows how to safeguard your investment. If you want reliable yet affordable property management, call Real Property Management SAC-METRO today!

Common and Costly Mistakes: Using Unqualified Management

One common regret veteran investors have is trying to manage rental property investment themselves. Your rental property deserves an expert Sacramento property management team just like any other mutual fund or financial investment. Real Property Management SAC-METRO is committed to helping you get a better return than you could on your own even when factoring in management fees. Deciding if your time is worth the hassle and headache is not a decision made lightly. Self-management may lead to cutting corners by hiring under-qualified labor to save money. Be smart and hire an experienced Sacramento property management company. With over 30 years of experience, Real Property Management has the answer you’re looking for.

If you already have some experience managing property, make sure you’re educated in all aspects of the property management. Rancho Cordova landlords should that check all licensing, regulations, and codes are up to date. Read up on marketing strategies in your area and how to avoid vacancies. Another great tip is calculating how much money is needed to insure good cash flow. Create a customer service plan as well as establishing cost-effective maintenance resources. A plan for collections and evictions is also important. If this sounds like a lot to take on, call Real Property Management SAC-METRO for help with any services you don’t want to handle yourself.

Once landlords establish a plan, it is important to set aside time to be available for tenants. Inability to contact a landlord is a primary reason for tenant discontent and vacancy. If you calculate your hourly income and usually make more than $50 per hour, it makes sense to hire a property management team. Real Property Management SAC-METRO has the expertise to handle all aspects of your rental home.

When you partner with a professional property management, Rancho Cordova rentals are a great financial investment. Let Real Property Management SAC-METRO handle the details of your investment for you. We’ll help you avoid late night maintenance calls, costly fines, unnecessary vacancies, unexpected emergencies, and dealing with evictions or late rent payments. Call today!

Common Mistake #2: Poor Location Selection

Sacramento property management owners know some rental homes are easier to lease than others.

Even the best Sacramento property management owners can make mistakes. But many common mistakes can be avoided by turning to Real Property Management SAC-METRO, the top company in property management. Rancho Cordova landlords trust our experts to increase cash flow and improve efficiency in their investments. We help homeowners avoid common mistakes that happen with property management. DIY investors may not understand the risks of managing tenants and properties, but we do. That’s why thousands of satisfied customers can vouch for Real Property Management SAC-METRO for all their concerns about property management.

Rancho Cordova landlords know that some rental properties are easier to lease than others. Don’t let your listing fall by the side of the road. Avoid one of the top rookie mistakes in property management by selecting a great property for your investment. This is real estate, after all, so the top priority in Sacramento property management is location, location, location. Some key factors to a choosing a great location includes:

  • How are the local schools?
  • How close are public transportation and shopping centers?
  • Is the area in a safe neighborhood without crime?

These are just a few ideas to get you thinking about what makes a great location pick for a rental home. Keep in mind different cities have different ordinances and regulations, which can considerably impact your decision. Our Sacramento property management team is a local expert and can give directions when you are in the purchase phase of property investing.

Not all markets are created equal, so search for neighborhoods with lower vacancy rates, higher rent, and appreciating values. This is where the local expertise of Real Property Management SAC-METRO comes in handy. Our professionals have decades of experience, along with ethical training and local knowledge of the area markets.

Finally, the knowing the type of home renters are searching for is an important factor when making your buying choice. More and more families are looking to rent instead of buying a home. Typically, these families want safe neighborhoods, along with homes that have three plus bedrooms, a fenced yard, or are less than 15 years old. For an easier Sacramento property management experience,  owners should avoid small or quirky home layouts and properties on busy streets which can turn off prospective applicants. A standard layout will do much better than an odd floor plan.

Real Property Management SAC-METRO can help landlords make a selection decision with the prospect of becoming a successful, long-term rental property management. Rancho Cordova homeowners trust the quality service and expert help from the top property management company in the nation. Real Property Management SAC-METRO is ready to work for you.

 

Considering Renting Out Your Home? Find Sacramento Property Management.

real property managementThe market is prime for the single home rental strategy. It’s the same one that investors around the country are using, ‘buy and hold.’ Rent your home the same way professional real estate investors do and get the best return on your investment. Make sure your home is managed with the same care and attention with which any professional’s investment portfolio would be. Real Property Management SAC-METRO can help you avoid costly mistakes, improve your cash flow, save on expenses, and keep you informed on the status of your rental and tenants through your online owner portal. Our experience in Sacramento property management will help us save you time, money, and hassle.

Our Services

We’ll make sure you’re getting premiere service in all aspects of property management. Rancho Cordova and other Sacramento-area clients can be sure that our proven processes are the best on the market. We have an extensive, local advertising network that is invaluable to individual investors. With Real Property Management SAC-METRO, you can expect comprehensive help from our local accounting offices with leasing, accounting, and collections. With our Sacramento property management experience, Rancho Cordova-area clients enjoy our local expertise when it comes to inspections and legal compliance, as well as with leasing, maintenance, collections, evictions, accounting, inspections. With our local networks, it’s possible for Real Property Management SAC-METRO to do what you as an individual investor wouldn’t be able to on your own.

Renting out your home can be a wise, long-term investment opportunity. With Real Property Management SAC-METRO, we give you the same kind of return on your investment as professional real estate investors. Even if you don’t have any experience in renting out a home, our services can take care of the worry and hassle, so you don’t have to. Learn more about our comprehensive list of services today!