Watch This Sacramento Real Estate Management Video BEFORE Your Rental Home is Vacant!

When you own rental property and your tenant moves out, every vacant day costs you money. In fact, the average vacancy lasts well over a month—that’s quite a bite out of your bottom line!  Too often, inexperienced property owners end up with more vacancy days than necessary because they lack the resources and knowledge in Sacramento real estate management to quickly rent their property.  

Here are the top ten things rental owners can to do to ensure that their property leases as quickly as possible—from your expert team at SAC-METRO.  

  1. First, work very quickly to make sure your home is MOVE IN READY before you put it on the rental market. Start as soon as your previous tenant moves out, and don’t let this process drag on.  Also, don’t ask prospective tenants to look past problems that still need to be fixed—they won’t. If a tenant sees that the carpet needs to be replaced or the appliances are pulled out and not working, they simply will move on to a property in better shape.  A key principle of leasing for Sacramento real estate management is don’t show the property until it is completely ready for the next tenant. Ask us for our handy “Rent-Ready Checklist” to make sure your property is ready to lease quickly.
  2. Check the property’s CURB APPEAL and make sure the house looks appealing from the outside.  Consider making some minor and inexpensive updates to boost a prospective tenant’s first impression. New lighting and window treatments can make a difference, for instance, as can a fresh coat of paint or attractive landscaping features.
  3. Make sure to have the property PROFESSIONALLY and THOROUGHLY CLEANED.  Professional cleaners will scrub everything from the walls to the baseboards and leave the home feeling clean and fresh.  Ensure that windows are sparkling and blinds are up so that the rooms are bright and sunny. Remember that any clutter, debris, and personal belongings must also be removed.   
  4. Sent an appropriate MARKET RENT RATE.  Set the rent too low, and you’ll hurt your investment’s performance. Set the rent too high, and prospective tenants won’t bother looking at it, resulting in longer vacancy times that in the end can cost you far more than a lower rent would.  There are many factors that go into setting the best rent rate, and SAC-METRO offers a free market rent analysis on your property to help you find the sweet spot.
  5. CONSIDER ACCEPTING PETS. Whether or not your property accepts pets can directly impact how quickly your home is leased.  As single family rental homes are often popular with families, and pet ownership is increasing across the board, allowing certain family pets will drive more interest to your property and widen your applicant pool in every city, whether its Carmichael property management or Sacramento real estate management.  This not only generally results in the home leasing faster, but it can also allow for a slightly stronger rent rate.  
  6. FREQUENT INSPECTIONS are advised to ensure the property stays in good condition while vacant, as an empty property is at risk for additional maintenance issues.  When no one is living in it, you don’t know that there’s a leak under the sink or a hole in the drywall. There may be an added risk of a break in or squatter situation as well in some areas.   It’s important that you keep your property occupied, not only so you increase your return, but also so you preserve the asset’s value.
  7. MARKET THE HOME AGGRESSIVELY.  Properly marketing your home will lead you to faster tenant placement and fewer vacancy days.  Make sure you take quality, well-lit photos and video of the interior and exterior of the clean, rent-ready home.  Write a strong description that includes all the features and benefits of the property, including recent updates, proximity to transit and schools, and whether pets are allowed.  Then advertise on all the popular rental sites and social media to ensure that you find tenants where they are looking for their next home and make sure they can easily contact you. An attractive yard sign is also a must.
  8. RESPOND QUICKLY TO INQUIRIES from prospective residents to answer questions, schedule showings, and process applications.  While this step can take a lot of time and effort, it is critical to minimize vacancy times. This is where a professional leasing team can save you a lot of time and headache.  
  9. SCREEN APPLICATIONS thoroughly, with background checks on every potential tenant over 18 years old, including criminal, credit, employment and rental history.   This is a must in every market, whether its Carmichael property management or Sacramento real estate management, as well-screened tenants are more likely to stay longer and avoid costly turnover down the road.  It also allows you to select the most reliable tenant from your applicant pool, reducing the risk of eviction or other unexpected vacancies down the road.
  10. KEEP YOUR CURRENT TENANTS.  Tenant retention is often overlooked by landlords, but it’s a great way to avoid the high costs of vacancy. When you already have a high-performing tenant in place, you want to keep that person in the home as long as possible. You do this by being responsive to maintenance and repair requests, open communication, clear expectations and responsibilities, and sticking with conservative rental increases that you can fairly justify to the tenant.

In the end, remember that the cost of vacancy days can far outweigh a professional manager’s leasing fee, so think long-term.  A tested, efficient leasing process better protects your cash flow, and SAC-METRO helps our clients experience shorter vacancies, more reliable tenants, longer lease terms, and your own team of experts to support your rental investment every step of the way. Call us today for a free, no-obligation market assessment of your rental property.

How to Lease Faster with Sacramento Real Estate Management

Nothing hurts your cash flow more than a vacant home. When you have no tenants, you have no income. Every vacant day hurts your bottom line. If you want to be a profitable homeowner, you need to decrease vacancy periods.

Create a Rent-Ready House

There are a number of ways to avoid leasing delays and extended vacancies. At Real Property Management SAC-METRO, we understand the rental industry and know how to get you a better return on your investment property. We are committed to helping you place new tenants as quickly as possible to prevent lost revenue. Our Sacramento real estate management professionals offer a few suggestions to get your home ready to rent out.

Boost your Curb Appeal

Potential tenants judge a home before they even step foot in it. A home with curb appeal naturally catches the attention of prospective tenants. When your home is attractive and the yard is clean, you can expect a larger amount of showings and applicants. When you receive more applications, you increase your odds of finding reliable tenants. Selecting qualified tenants for your home is the key to your profitability.

It is worth your time, energy, and resources to invest in the outside look of your home. Begin with the yard. Cut the grass and remove weeds, fallen leaves, and dead plants. Trim any greenery or bushes that appear overgrown. Keep the grounds free of debris and clutter.

Once the yard is in order, make improvements to the exterior of your home. A fresh coat of paint transforms a home. If painting the entire home is not in the budget, then consider just the front door. Better yet, replace the front door. This can drastically change the feel of your home. A clean, smooth look to the door produces an inviting entryway.

Address Maintenance Concerns

Fixing up the interior of your home is the next way to get your property rent-ready. It is important to begin preparing your rental for new, incoming tenants the day your previous tenants move out. Walk through the home and evaluate what needs to be repaired or updated, then act quickly. Do not show a home while completing these necessary fixes. Prospective tenants need to be able to envision living there. This is difficult if the home is not clean and presentable at the time of their walk-through.

When making home repairs or improvements, think long-term and make cost-effective decisions. Skimping upfront ends up costing you down the road due to more frequent maintenance and replacement expenses. When considering cosmetic improvements, you do not need an elaborate plan. The overall feel and look of a home can drastically change with a new coat of paint or different flooring. If the home is not in need of a total makeover, remodel the features of the home that will improve the overall ambiance of the home.

Establish a Rental Rate

From Roseville to Elk Grove, property management companies offer various services. Our Sacramento real estate management team follows the rental market and helps you decide the best rental price for your property. Too high of a price discourages applicants, yet too low of a price cuts into your profits. We have extensive experience managing homes in the greater Sacramento rental market and can help you keep up in this ever-fluctuating industry.

Advertise and Advertise Some More

You will see longer vacancy periods if your home listing is not advertised properly. A simple yard sign is not enough. You will not find tenants quickly if tenants cannot find you in the first place. At Real Property Management SAC-METRO, we advertise your home across multiple popular websites. We also produce a video tour of your property allowing tenants to view your home online when it is convenient for them.

Once we receive inquiries for live walkthroughs, we respond to those requests right away. Our experts understand the urgency to schedule showings promptly. Finding qualified tenants for your home is our top priority. We work nights and weekends to make ourselves available at times ideal for anyone interested in viewing your rental.

Conduct a Thorough Tenant Screening

Poor tenant qualification often leads to larger problems such as rent delays and increased vacancies. Investment property owners experience less tenant turnover when they take the time to place reliable tenants. Quality tenants tend to stay longer and better care for your home. A rigorous application process is an extremely crucial component of property management.

At Real Property Management SAC-METRO, we ensure the best screening process possible. We verify income and employment. We check rental history and contact previous landlords to discuss any prior issues with the tenants. We look at credit and criminal backgrounds. We do this all while complying with any local and federal laws and regulations. We want you to be successful, and strive to find responsible tenants that will respect your property.

Construct a Contract

You’ve worked hard to get your home rent-ready and find tenants; now it is time to get them moved in. The vacancy period is extended every day you do not have a lease contract prepared for tenants to sign. Waste no time getting the contract in order and gathering a deposit. It is vital your lease contract sets clear expectations and outlines specific tenant versus landlord duties. A well-written contract provides invaluable legal protection and security to you as a landlord.

The Trustworthy Sacramento Real Estate Management Team at RPM SAC-METRO

Whether you own a home in Auburn or Rocklin or Elk Grove, property management is a complex job. Do not go about it alone. At Real Property Management SAC-METRO, our experts know how to reduce vacancy periods and minimize leasing delays. You can rely on our team to take over all those tedious landlord responsibilities required to get your home rent-ready. We will:

  • Prep the exterior of your home to boost curb appeal
  • Oversee all maintenance repairs and cosmetic fixes
  • Research competitive rent prices
  • Aggressively advertise your home listing
  • Follow a strict tenant screening process
  • Create a clear and concise lease contract

Our Hassle-Free Leasing Cycle

You can trust our Sacramento real estate management professionals to protect your property. We can help you decrease vacancies to increase your cash flow. Put our proven processes to the test. Contact Real Property Management SAC-METRO today.