A Recipe for Success for Property Management Elk Grove Investors

Have you ever tried to bake cookies and failed to follow directions, resulting in a complete mess of a substance that hardly resembles cookie dough at all? We know the feeling. Mistaking a tablespoon for a teaspoon for salt is hard to reverse. The same can be said if property management Elk Grove companies do not follow proper precautions and maintain professionalism while managing properties, resulting in negative tenant relations. RPM SAC-METRO has perfected the recipe on how to keep tenant relationships professional and maintain a safe and happy environment for everyone involved. Here are some tips on how you can create positive relations between yourself and your renters.

Don’t Make it Personal

Managing an investment property requires exact measurements of emotional ties – enough to care about the property, but not enough to take it personally or be distraught when things go wrong. Too often investment property owners find themselves emotionally attached to their rental home. With all the investment of work, money, and time that owners put into their homes, it is easy for them to get offended and find themselves emotionally drained when tenants don’t treat the property the way they would. This can become a common boiling point for investment property owners. However, in order to correct a problem, the first step is to always maintain professionalism even when the tenant does not. Keep your temper and emotions in check at all times. If you feel it is too difficult to separate yourself emotionally from the property, sometimes it helps to bring in a third party who is not emotionally invested to the property to be a mediator.

Be Realistic

A house will not always look as perfect and good as it did when it was newly built, freshly painted, new flooring installed, freshly landscaped, or remodeled. Elk Grove property management company, SAC-METRO, has learned to avoid the trap of expecting perpetual perfection from its clients and tenants. The harsh reality that all homes suffer wear and tear from normal use whether owner occupied or tenant occupied can sometimes be frustrating to owners. Keeping this in mind adds a needed perspective when dealing with tenants. Even the most reliable, responsible, and trustworthy tenants cannot live up to unrealistic expectations of perfection. Remember they are paying you to give them a place to live, day in and day out. Living is sometimes messy. Investment property owners should understand that once they classify their property as a “rental property”, they need to treat it like a business investment.

Uphold Property Management Elk Grove Lease Agreements

Remember that tenants have a degree of latitude in a rental property and should have the freedom to live in the property as long as they stay within the property management Elk Grove guidelines of the contract and government laws. Nitpicking small details outside of your contract creates tensions between you and your tenant. Even if you intend to move into your home later, you still need to operate your rental like a business until the day you move back in. Do not take mistakes personally. If tenants don’t attend to every little detail of your home, like perfectly mowed grass, or paint over every little scratch on the walls, don’t stress.  Simply enforce the lease terms to ensure proper care of the property, not perfect care of the property. You can also opt to step out of the kitchen altogether and avoid the difficulties and emotion of property management. Local experts at SAC-METRO can be your third-party buffer. We’ll represent your interests and protect your property while keeping the tenant happy. Think of us as your personal chef when baking those above mentioned cookies.

Take Time to Adjust

Handing over your home or rental property to a tenant is not easy. Take time for a mental adjustment. You will be more successful and prepared if you recognize that adjusting to such a big change is a gradual effort. Elk Grove property management companies too often see investment property owners react emotionally and frantically when that first maintenance phone call comes in just two weeks after their tenant moves in to the property. They immediately become defensive and feel as if their property has been vandalized because just two weeks ago, everything was in perfect working order. Respond quickly to maintenance requests to make tenants feel important, valued, and happy. Renters like to know that they matter to you and that you are doing everything in your power to keep them in a safe and secure environment. Make certain that proper vendors and maintenance is performed on the home, so that the plumber is not having to return for two and three visits just to fix a leaking toilet. That is an easy recipe for angry tenants. Real Property Management offers quality service and cost-effective solutions to help protect and uphold the value of your property.

Call the top property management Elk Grove company, SAC-METRO, today to find out how you can have a fool-proof recipe for success.

Avoiding Negative Tenant Relations and Evictions

At RPM SAC-METRO, we know that even the most thorough tenant screening process can end in an eviction. Unfortunate circumstances can fall upon tenants at any time including loss of a job, divorce, or any other number of circumstances. Some tenants may even give property owners fictitious excuses like, “I gave my friend the rent money and they told me they gave it to you,” or “we just bought a new car and we can’t afford to pay our rent until the 15th of this month.” All property management companies and private property managers have heard the many excuses. While SAC-METRO leasing professionals are kind and sympathetic to those who do fall upon hard times, they also understand that we are a business and need to stay profitable, for ourselves and our clients.

Keep It Professional

Too often property owners find themselves emotionally invested in a rental property. They feel upset and angry if they find a chip taken out of the wood floor, or a scratch on the freshly painted wall, or a fridge that has dents and dings in it. They expect the tenants to care of the property as they would. Property management Roseville companies like SAC-METRO urge our clients to care enough about their property, but not take it too personally if they find normal wear and tear during inspections. Even the best and most responsible tenants will have normal wear and tear from living in your house. We encourage our clients to think of themselves as a business owner, not a homeowner.

Reasons for an Eviction

While the above mentioned imperfections found during a home inspection may cause a property owner to feel angry and want to evict the tenant, there are proper and legal reasons to evict a tenant. Some reasons are:

  • Non Payment of Rent: Property management Roseville companies have found that this is the most common reason that tenants end up with an eviction. It comes down to the catchy phrase of “if you can’t pay, you can’t stay.” You can evict someone for nonpayment of rent, but you cannot evict for failure to pay a late fee.
  • Lease Violation: Next in line for most common reasons tenants get evicted is failure to adhere to the lease agreement. Even if it’s just one clause. This may include bringing pets onto the property if the lease states the pets are prohibited, unauthorized tenants living on the premises, subletting of the property, operation of a home-based business, or nuisance complaints from neighbors.
  • Property Damage: While Roseville property management companies expect normal wear and tear, intentional or unintentional property damage is reason for an eviction. Tenants cannot punch holes in the wall if they are struggling with anger management, they cannot lift floorboards to inspect what’s under the house, they cannot graffiti on interior or exterior walls, and they cannot keep so much moisture inside that it causes mildew and mold growth on the walls. Theses are just a few examples.  
  • Illegal or Drug Related Activity: It is standard for SAC-METRO to clearly explain in the lease agreement that the use of drugs or any other illegal activity is grounds for an eviction. That goes for drug users and dealers.
  • Expiration of Lease: If a tenant has received proper notice that they are not invited to renew the lease or must lease the property for some reason, but they refuse, now you have what property management Roseville companies call a “squatter.” This is someone who refuses to leave and pay rent at the same time. This action would allow you to move forward with an eviction.

How Property Management Roseville Companies Protect Clients from Evictions

SAC-METRO is one of the best known leaders in the industry when it comes to raising the bar on tenant screening standards. Our strict process requires that all applicants who are 18 years of age and older submit a signed and dated application to rent, submit sufficient income proof, pass criminal, credit, and background checks, and have recommended rental verifications. SAC-METRO aims to ensure all parties understand every clause in the lease agreement and we set clear expectations at the time of the lease signing. We also give our residents the convenience of paying rent online and have an automated system that kicks into effect it a tenants fails to pay rent. We adhere to the strict legal counsel given by our in-house lawyers and always follow Roseville property management law as it pertains to an eviction. If our thorough process still doesn’t seem to calm your nerves when it comes to evictions, we offer an Eviction Protection Plan to our clients for a low monthly fee. It covers legal costs for filing an Unlawful Detainer and time in court associated with evictions.

For more information on how you can protect your investment property against an eviction, call SAC-METRO today.

Property Management: Keep Maintenance Costs Low and Have a Quality Property

Whether you are doing property management on a small scale or large scale, even the best property managers cannot prevent maintenance repairs or the maintenance emergency calls at 2:00 AM. But among property management companies, Sacramento RPM SAC-METRO, has more than 30 years of experience in the industry, allowing them to give helpful tips and tricks on how to cut down on costly maintenance repairs, and possibly your chances of getting that 2:00 AM wake up call.

Our Proven Cost-Effective Maintenance Process

Just like preventive medicine focuses on the health of people to protect and maintain health and well-being and to prevent disease, disability, and death, preventive maintenance can stop small problems from becoming big ones. And by big ones, we mean ones that not only take a big hit to your bottom line, but ones that can cause major damage to your property and put your renters out of the house for short or extended periods of time. At SAC METRO, we believe that reducing stress on investors and renters by instituting regular inspections of our clients’ properties can help maintain a safe environment for tenants and avoid unnecessary accidents and repairs. We have found that the best time to inspect properties is when the premises is vacant. Our professionally trained and educated leasing team is knowledgeable in both common and uncommon signs that indicate there might be an underlying maintenance problem. If we feel our team is not sufficiently trained in certain maintenance, we bring in expert service technicians. During the turnover process of a property, our staff not only looks for items that need repairs and updates, but also the items that are not obvious to the untrained eye. For example, a bubble of paint on the wall in the bathroom is not something all inspectors in property management in Sacramento, CA, would catch, but at SAC METRO, our team knows that is a sign of a leak or some extent of water damage. They are then able to take proper precautions and schedule proper care of the water damage to ensure your property stays a safe and quality place for tenants. SAC-METRO has found that finding small problems, like a leaking pipe, before it becomes a big problem, like a flood throughout the house, saves our tenants time, money, and stressful situations.

Maintenance Schedules for Property Management Companies Sacramento

A change in seasons comes with a routine maintenance schedule. At the start of the fall season, SAC-METRO inspects rain gutters, heating systems, roofs, and storm drains. Build up of debris in rain gutters and storm drains can cause flooding to the inside or outside of the property. If heating systems are not properly maintained, people could end up without heat during cold winter months, and just like with most people’s luck, it happens on the coldest day of the season. That is an easy way to end up with grumpy tenants. At the start of summer, SAC-METRO ensures sprinkler systems, landscaping, air conditioning, railings on balconies/stairways, playground equipment, and much more are in proper and safe working order. Fire extinguishers are to be recharged and inspected annually along with railings and playground equipment. Often, large apartment buildings will receive unexpected inspections by the local fire department checking on the safety of railings along stairs and walkways, as well as ensuring these areas are well lit. It is imperative to property management companies, Sacramento, to maintain a detailed log of routinely performed maintenance. These logs protect owners against incidentals and help prevent accidents with tenants. Maintaining a detailed log of events is also important for general maintenance requests that we receive from tenants on a daily basis. We record when the request came in, what request was specified, when and who we sent out to inspect, and how the problem was fixed. This protects us and our clients from liability.  

How to Plan for Maintenance Costs

SAC-METRO advises its clients to set aside one month of rent each year to help fund repairs. For example, if your property brings in $3,200.00 of rent each month, in year one, you should have that amount set aside. Maintenance is to be anticipated whether a property is owner occupied or tenant occupied and whether it is one year old or 50 years old. Our professional leasing team collaborates with expert service technicians to help property investors plan and budget for maintenance costs each year. Well-maintained properties and appliances last much longer than ones that go neglected. The insight gained by communicating with our expert property management in Sacramento, CA, service technicians can shed a lot of light on how much money property owners should set aside. For example, if a washing machine has had multiple repairs over many years, it’s probably a smart idea to set aside a few hundred dollars anticipating it to quit working a some point in the near future. At SAC-METRO, we like to avoid surprises. We have found that proactive maintenance and routine property inspections prove invaluable. Keeping open lines of communication between property management companies Sacramento and tenants helps to catch maintenance problems before they become large ones. SAC METRO aims to provide quick service to keep tenants and property owners happy. The more valued our tenants feel, the more likely they are to renew their lease agreement when it expires.

Call today and find out what SAC-METRO can do for you!

How to Choose a Sacramento Rental Property Management Company

If you’re looking to hire an elite and professional property management company in the Sacramento area, you’ve already come to the realization that investing in rental property is a modern day gold rush. Whether you just closed on your investment property or have a long standing property that needs the best management company in town, SAC-METRO has your back. With over 30 years of experience in the industry, you can count on us to safeguard your property with our elite and professional team.

Setting Clear Expectations

One of the most frustrating things in life, whether it’s in your job, relationships with others, raising children, or hiring contractors, is a lack of clear expectations. No one likes to feel like they’re in the dark, literally and figuratively. That’s why Sacramento rental property management company, SAC-METRO, ensures individuals on all sides of lease agreements are well versed in what is expected of them. It helps tenants follow through more promptly with rental payments, submit maintenance requests when needed, follow the lease agreement rules, comply with pest control services, and allows our professional leasing team to keep tenants and property investors happy. Our renters know that we reward them for paying rent on time. When they make an online rent payment on time, they have the opportunity to become a member of our Resident Club which allows them to save money on groceries, entertainment, and shopping. It’s just one of the many reasons that renters seek SAC-METRO rentals. Because of SAC-METRO’s effort to educate tenants and offer rewards alongside our professional and prompt service, our investors are more likely to retain long term tenants.

Get Comprehensive and Dependable Service

It takes a lot of time, effort, organization, and planning to smoothly manage rental properties. If you’ve tried managing your own investment property, you know just how much time, stress, planning, and scheduling it takes to be successful. SAC-METRO educates property owners about our comprehensive services and what they expect from our reliable team. We do everything from  inspecting, marketing, showing, tenant screening, lease signing, rent collecting, maintaining the property, renewing lease agreements, moving, and reporting back. We have a 24 hour hotline that allows investors to call in and seek needed information or to discuss any property concerns. We encourage open communication from both sides of our management agreement. Investors are welcome to call in and discuss market rent rates, property concerns or maintenance, and any other information they need. They can also see real time updates by accessing their owner portal on our website from anywhere in the world. There, they can view any received applications to rent, see how many tours were conducted at their property during the showing process, and a market analysis on rent rates and trends. Our professional rental property management Sacramento leasing team lives within the local community, giving us valuable insight on market comparisons and local hotspots for dining, shopping, and fun.

Raising the Bar for Sacramento Rental Property Management

At SAC-METRO, we hold ourselves to higher industry standards than our competitors. We pride ourselves on our ability to find qualified and reliable tenants more quickly than other management companies. Our proven leasing process shows that SAC-METRO has shorter vacancy times and longer tenant retention than our competitors.

Avoid Common Mistakes

Our experienced team helps property investors avoid costly mistakes which usually fall into the legal compliance category. SAC-METRO stays up to date on federal, state, and local housing laws including habitability, fair housing, and eviction laws. Our clients can expect to save on services and reduce their maintenance costs by following our recommendations and using our certified vendors. Routine inspections of our client’s properties help us stay proactive and catch any small repairs before they become big ones.

Get Financial Rewards by Choosing Real Property Management

SAC-METRO offers a Referral Rewards Program to clients who recommend our Sacramento rental property management services to their family, friends, and fellow investors. Each time they recommend us and it results in a signed management contract, clients can get credits towards their monthly services – – and there is no limit on how often you can give referrals and be rewarded. In addition to properly caring for and placing qualified tenants at your property, our rental property management Sacramento teams can construct a customized lease agreement for your specific property to better protect you financially and make you a profitable landlord.

Why Property Owners Need SAC-METRO

It’s a no-brainer to choose Real Property Management to safeguard your investment property. We feel confident you’ll love our services and see the financial growth you envisioned when purchasing your rental property in the first place. Due to our shorter vacancy times, long term tenant retention, proactive property inspections, comprehensive and dependable services, and Referral Rewards Program, client’s fees for our Sacramento rental property management services practically pay for themselves. Call us today to see how we can make your investment dreams can come true.

Watch This 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.

Read This Before You Set the Rent in Your Rental Property

Too many rental owners don’t take the time to make sure they set the right rent for their rental home.  This is a critical decision in Sacramento rental property management and can cost you thousands of dollars over the years, but perhaps not in the way you may expect.  Here are the top ten things to consider before setting the rent—from your expert team at SAC-METRO.  

  1. First, and probably the most obvious to many investors, is to avoid UNDERPRICING the rental home.  Not only does this result in less rental income for you, it becomes more difficult to make reasonable rental increases in the future to keep the rent consistent with market rates, whether your working in Cameron property management or Sacramento rental property management.  This can keep your rental underperforming for many years.
  2. And of course you don’t want to price it too high, either. If your property is OVERPRICED, it will be difficult to rent it quickly to well-qualified tenants. That will mean a longer vacancy period for you, which over the course of the coming year can be far more damaging to your overall rental income than a lower rent rate.  Remember that you won’t earn any income at all if you have to wait for someone who is willing to pay a too-high price, and this can quickly erase the increase rent income over the year.
  3. Start by considering your property’s LOCATION, always a primary factor with real estate, be it a sale or rental. If your home is in a desirable school district, it will be easier to draw families with school-aged children to your home. Properties that are close to public transportation or popular commuter routes are also sought after, and can usually earn more rent than homes in more remote areas. Feature the location’s benefits when you’re marketing and advertising as well.
  4. Evaluate your property SIZE in relation to similar properties.  Depending on where your property is located, you’ll earn more when you have the size and the layout that tenants are seeking. Three bedroom, two bath homes with a garage and a yard command the most rent in suburban neighborhoods. If your property is of smaller size, you can compensate with modern appliances and upgrades.
  5. Like it or not, SEASON of the year can influence rental prices. Families with children are less likely to move during the school year, and no one enjoys moving over the holidays. Areas around a university will see fluctuations around the semester breaks.  As a result, prices may be a little higher in the early summer months, and a little lower in the dead of winter.
  6. One area where you have more control is the property’s CONDITION. Put simply, a home that’s in great shape can command more rent than a home that is dated or run down. If you want to attract top rents, make some improvements and updates. You don’t have to do a complete remodel, but a fresh coat of paint on the walls, tidied up landscaping, new lighting, or modernized flooring can make a difference in what you can charge.  
  7. Whether or not your property accepts PETS can also impact your rent rate.  As single family rental homes are popular with families, allowing certain family pets will drive more interest to your property, allow for a stronger rent rate, and ultimately can cause a home to lease faster.  Good tenants are likely to take care of the property, pets notwithstanding, and pet deposits can be put in place to protect against any damage.
  8. In light of all the factors above, now consider the COMPETITION.  Plenty of online resources can help you understand your local market and your tenant pool. Talk to property managers, real estate agents, and investors. Pay attention to what is renting quickly in your area, and what isn’t. Is there is low inventory but high demand for rental homes? If so, you can charge a little more for your property. If there are plenty of great homes available to tenants, you’re going to need a more competitive price to get it leased quickly.  Compare the location, features, size, and condition of the available properties to your own, and adjust your price accordingly. Also, remember that just because another owner asking $1,500 for a property doesn’t mean that’s what the property will actually lease for.
  9. Of course every rental owner will want to first consider their FINANCIAL position, but remember, this can’t drive the final price. Perhaps you want to earn $1,250 a month in rent because that will cover your mortgage and your expenses, provide a little maintenance savings, and even a bit of monthly income. But, if homes similar to yours are renting for $1,100 per month, your price tag may leave you with a costly vacancy or an undesirable resident who is willing to pay more due to credit or other problems.
  10. Finally, consider a complimentary rental analysis from the expert team at SAC-METRO to get a fact-based, reliable price range that’s appropriate for your property.  We specialize in the local market and have access to several tools to provide you with an unbiased assessment that can help you confidently set your rent rate.

Once your rent is set and your property is on the market, there are two more steps to ensure that you’re asking the right rent rate for Sacramento rental property management:

  • First, make sure you MONITOR LEASING ACTIVITY. If you are getting consistent inquiries and prospective tenants are asking to see the property, you’re probably in an appropriate rental range. But, if no one is calling or applying after viewing the home, you might be pricing it too high. Track your marketing results, including the number of people who are contacting you, how many of those prospects are seeing the home, and whether they’re filling out an application after the showing. This will tell you whether you’re in the right range.
  • ADJUST THE RENT IF NECESSARY. If it turns out that no one is applying for your home, the price could be the problem. Consider lowering it to lease the home more quickly, and try not to get too emotionally attached to the amount that you charge. Losing an entire month of rental income is more expensive than lowering your price by $50 per month.

Once you have a tenant placed, you may have questions about raising the rent for existing tenants.  

  • Most tenants assume that their rent will increase at some point after the initial lease period. This is appropriate if the market supports a higher rent for properties like yours, your property-related expenses have gone up, or you’re offering additional value, such as landscaping, internet, replacing aging appliances, etc. Remember, not all markets will move at the same pace, Cameron property management won’t be like Sacramento rental property management.
  • That said, you don’t want to rush good tenants out of your property with risky price increases.  The costs of turnover, marketing, re-leasing, and potential vacancy days often outweigh a small rent increase, so weigh your choices carefully and keep the lines of communication open.

Again, your team of experts at SAC-METRO is always happy to help you determine the correct rent rate for your property at no cost to you. Give us a call today.

Watch This Video Before Renting Out Your Home

A reliable tenant in your rental property gives you predictability and profit, while placing the wrong tenant can take a heavy toll on your income, your peace of mind, and even the property itself.  The good news is, there are clear, proven steps you can take to avoid the common regrets of rental owners and better protect yourself, and your property. Read the following tips from SAC-METRO, a top Sacramento Property Management Company.

Here are the top 10 things you must do before you ever place a tenant in your rental home:

  1. Set the rent at a competitive price to rent quickly while getting the best possible return.  The well-qualified tenant you’re looking for with good credit, positive references, and a reliable income has a lot of choices when renting a home, and they won’t pay more than they have to.  A competitive rent rate will actually earn you more in the long run by avoiding vacancy days.
  2. Get the property “Rent-Ready.” Put simply, quality tenants look for quality properties. So take care of all needed maintenance, have the home professionally cleaned and deodorized, and make sure the landscaping and exterior offer strong curb appeal. Ask for our rent-ready checklist to make sure your property attracts as many reliable applicants as possible.
  3. Market the property aggressively.  Once the property looks its best, an expert Sacramento property management company would take quality pictures and video and advertise on all the major online rental listing sites like Zillow, Trulia, HotPads, Rentals.com, and Rent.com. If there are any local sites targeting specific markets, such as Auburn property management, list on those as well. Ensure your ad includes the best features, such as a large yard, off-street parking, updated rooms, new appliances, quality schools, and the proximity to transit and shopping. And don’t forget an attractive, professional sign on the property itself.
  4. Make selection criteria clear. When you include your application criteria in the marketing or showing process, it can make the process more efficient. State the credit and income standards you expect, and you’ll eliminate a lot of unqualified tenants right away. This will not only save you time, it can protect you in fair housing matters.
  5. Be responsive to showing requests.  Answer tenant inquiry calls or texts immediately and schedule showings promptly to keep interest high. You may elect to meet face to face with your prospective renters and do a little in-person pre-screening, or you can move the process along faster using technology and apps that allow the tenant to securely view the property on their own.  This can be a time-consuming process, but is critical to avoid unnecessary vacancy days and avoid losing the great tenants you’re looking for. This is where a professional leasing agent especially saves you time and prevents unnecessary vacancy days.
  6. Use a thorough, written application and require documentation.  Collect the pertinent information for all potential tenants over 18 who wish to lease the home, along with permission to conduct background and credit checks.  Today’s tenants will be looking for an online application, which is also handy so applicants can easily upload copies of their ID and income verification. If you’re unable to do this, many professional property managers will provide this service for you as part of their leasing services.
  7. Check the applicant’s rental history. This is the best indicator of how someone will perform in your property. Talk to former and current landlords (and make sure you’re talking to actual landlords, not family members and friends). Ask about whether the prospective tenant paid rent on time, took care of the property, gave proper notice, or violated the lease terms. Finally, ask whether they would rent to this tenant again.
  8. Check the applicant’s financial history. This includes employment, income and credit checks.  You want to see a stable employment history and an income that’s at least three times the rent. You don’t need a tenant with perfect credit, but, you do need a tenant without prior evictions or any landlord debt. Look for unpaid or overdue utility payments and avoid any tenants who are currently in bankruptcy or looking like they might be about to declare bankruptcy. Measure their debt against their income.
  9. Check the applicant’s criminal background. The best tenants usually aren’t felons. Minor traffic incidents from 20 years ago are no big deal, but of course you don’t want anyone with a history of violent crimes, drugs, or predatory behavior.  Note that you need to be very careful with this step to ensure that you are not violating fair housing laws. Which brings us to the final step:
  10. Stay in compliance!  No one wants to discriminate. However, rental owners often commit serious fair housing violations without realizing it. The language you use in your advertising can be unfair, for example, stating that a property is perfect for families or in a neighborhood that’s popular with one particular culture can get you into trouble.  This is a tricky area where a professional Sacramento property management company can protect you from potentially hefty fines and expensive lawsuits.

The best tenant is easy to identify, but often hard to find.  If you want your property leased to the most qualified tenant as quickly as possible, it’s time to find out for yourself why more rental owners like you choose SAC-METRO.  Simply call us today for a no-obligation discussion.

Watch This Before You Hire a Professional Residential Property Management

You own rental property to increase your long term FINANCIAL SECURITY & STABILITY.  Yet so many rental owners find themselves with unexpected costs eating away at their rent revenue. Meanwhile, the constant surprises of rental ownership leave them feeling anything but stable. If you’re like most rental owners,

  • You’re frustrated that your EXPENSES are higher, as you are forced to handle maintenance, regulatory, and tenant problems without the tools, processes, or experience to handle them efficiently.
  • You’re worried that your INCOME may not be as high as it could be, and are unsure of the local market trends needed to set the right rent rate.
  • Your investment feels unstable and lacks SECURITY, due to unpredictable tenant interruptions and demands on your time, the risk of tenant liability issues, regulatory penalties, and collection issues.
  • Sure, you’d love to leave the hassle to a professional management team, but you’re concerned about the impact on your cash flow, unsure whether the cost will be worth the benefits, and wary about trusting someone else with your valuable asset.  

Sound familiar? If so, you’re not alone.  But here are the facts:

Competent, experienced professional residential property management in Sacramento will generally pay for itself.  

Here’s how:

  • Better qualified tenants who stay longer and take better care of the property.
  • Faster leasing systems reduce vacancy days.
  • More efficient, technology-driven processes and collections.
  • Lower costs with bulk buying power on maintenance.
  • Proactive maintenance and inspections to catch problems before they become expensive.
  • Strict legal compliance to avoid financial penalties and liability, with a team dedicated to staying abreast of changing regulations, so you don’t have to.
  • Local expertise and market experience ensures you are getting the maximum rent for your property.
  • And let’s not forget the value of your own time spent handling tenant interruptions, maintenance, and staying abreast of regulatory issues.  

So, with professional residential property management in Sacramento in your court, you finally enjoy the FINANCIAL SECURITY and STABILITY you sought from the beginning. But—how do you know who to trust?  The key is to ask the right questions to ensure that your choice has the EXPERIENCE, PEOPLE, PROCESSES, & PERFORMANCE to actually do what they promise in the sale.    

Make sure they have extensive EXPERIENCE managing single family rentals, as these investments have different needs than apartment complexes or commercial properties.  How do they stay current on and comply with landlord/tenant laws and local, state, and federal fair housing regulations? What experience and information is used to determine local market rent rates? If you want, for instance, Antelope property management, you need professional managers that know Antelope.

Next, PEOPLE. The increasing complexity of the industry requires a team of subject matter experts to truly do the job right—leasing agents, accountants and bookkeepers, compliance auditors, maintenance coordinators, brokers, and a tenant support team. Ask about the team members who will be supporting your investment, and make sure you avoid one-man shows or discount shops who don’t have the team to deliver.  Further, make sure the company has clear standards and policies around personal ethics and integrity.

Third: efficient, timely PROCESSES will make all the difference in the performance of your asset and making sure your professional management team indeed pays for itself. Ask about the processes behind marketing and showing your home, tenant screening, lease signing, move ins and move outs, lease renewals, rent payments and collections, inspections, maintenance and vendor management, legal compliance, and tenant emergencies.  Also ask about communication processes—you should expect monthly owner statements and financial reports, meticulous bookkeeping and accounting, and 1099s at tax time. Finally, ensure that processes are in place to protect your private and financial data, and your tenants’.

And fourth, even if a property manager has all the right answers, PERFORMANCE is what really matters in the end, so do your homework to see what others have to say about the company.  Check the company’s online ratings from property owners, customer testimonials, and their status with the Better Business Bureau and the state’s real estate division.

Remember as you compare prices that a lower price tag can end up costing you many times over in underperformance. Professional property management is not a commodity, but an asset management team dedicated to helping you earn more on your investment home. It is critical that you weigh the true value against the cost in order to protect yourself from the hidden costs of poor property management.

If you are looking for residential property management in Sacramento, or Antelope property management, or anywhere else in the greater Sacramento area, are ready to make the move to greater FINANCIAL SECURITY and STABILITY with your single family rental, kindly give us the opportunity to answer these questions, and then compare for yourself.  You’ll quickly see why more rental owners trust the SAC-METRO team to better manage their rental home. Only SAC-METRO truly offers the EXPERIENCE, PEOPLE, PROCESSES, & PERFORMANCE to get you the maximum return on your investment. Find out what we can do for you today.

Sacramento Investors Choose RPM – the Best Property Management Company

If you want to make money as a rental investor, you need a tried-and-true rent collection process that is proven to work. In a perfect world, every rent check would clear, and you would never have to deal with tenant conflict. Unfortunately, that is not reality. Being a landlord is a complex job, full of risk. It’s not as easy as receiving payment on the first of each month, then watching your profits steadily increase. At Real Property Management SAC-METRO, we know what is required to make you a successful and profitable landlord, even through the ups and downs that come with owning a rental home.

A Proven Rent Collection Process

A disorganized approach to leasing leads to trouble down the road. When choosing between property management companies, Sacramento investors need to select a company that understands how the rental industry works. At Real Property Management SAC-METRO, we know what is required to make investors succeed.

Use an Aggressive Marketing Strategy – Nothing hurts your cash flow more than an extended vacancy. Every day your home is vacant hurts your bottom line. When marketing your rental, a yard sign is not enough to get your listing out to the masses. Real Property Management SAC-METRO posts your home on a variety of websites and social media sites. Also, our technology-driven marketing plan allows potential tenants to view online a virtual showing of your home, see high-quality images of the interior and exterior, and visit our webpage to schedule a live showing. We strive to attract as many applicants as possible to give our landlords the best chance of finding well-qualified tenants.

Conduct a Thorough Tenant Screening – Selecting the right tenants is a critical component of the rent collection process. Your profitability and success as a landlord hinges upon finding quality tenants. Poor tenant qualification increases your odds of running into payment delays, property damage, tenant conflict, or even an eviction. At Real Property Management SAC-METRO, our rigorous tenant application is designed to help you avoid lost revenue. We verify income and employment, plus conduct a credit and criminal background check.

Construct a Concise Contract – A well-written lease contract is imperative. A rental agreement should clearly outline tenant responsibilities versus landlord duties. You want your tenants to know upfront your expectations of them and what they can expect from you. We make sure to list information about property care, maintenance standards, and what happens if tenants pay rent late.

Utilize Technology – There are many differences between property management companies. Sacramento tenants and landlords have many options but should be aware that not all companies offer technology-driven processes. In today’s digital world, Real Property Management SAC-METRO utilizes the ease and convenience of technology. Tenants can pay rent and submit maintenance requests all through a personal online portal. Landlords also use an online portal to view financial statements, track monthly payments, review work orders, and see tax documents. Plus, since rent payments are made electronically, funds are ACH direct deposited making them available sooner to landlords.

Have an Automated Collections System – Another way Real Property Management SAC-METRO takes advantage of technology is by using an automated collections process if rent is not paid on time. Missed payments trigger our system to send out notices that work to resolve the matter. But it is important for landlords to be cautious of how they move forward with contacting tenants and collecting a late payment. Landlords must comply with certain regulations to avoid legal consequences. Our in-house legal team understands the law and makes sure our landlords follow all applicable regulations regarding the collections process.

Be Prepared – Even the best tenants can run into financial trouble and leave you without incoming rent payments for an unknown amount of time. If you have to pursue an eviction, the process is long and expensive. Unfortunately, it’s one of the risks of owning a rental property though. Being financially and emotionally prepared to deal with difficult situations sets you up for success. Real Property Management SAC-METRO offers guidance and assistance to help you weather any storm.

Deciding Between Property Management Companies? Sacramento Investors Can Trust RPM

Real Property Management SAC-METRO is different than other property management companies. Sacramento landlords can expect the best from our experienced professionals. With more than 30 years of experience, our rent collection process will surpass your expectations. Our proven process includes:

  • a proactive approach to marketing
  • an in-depth tenant application
  • a clear and explanatory rental contract
  • a technology-driven online portal
  • a legally compliant automated collections system

Being a rental property owner is a 24/7 job, with no weekends or holidays off. Our rent collection process is designed to relieve you of those everyday demands. Leave those 2 AM emergency maintenance calls to us. Learn more about our hassle-free approach to property management. Put our comprehensive list of services to the test. Call Real Property Management SAC-METRO today.

Solutions for Tenant Conflict

As a rental property owner, negative tenant interactions are to be expected from time to time. While tenant conflict is the last thing you want to deal with, you need to be prepared to handle confrontations in a professional manner. The Sacramento rental property management team at Real Property Management SAC-METRO strives to help you be a successful rental investor and develop positive tenant/landlord relationships.

Ways to Develop Positive Tenant Interactions

Being a landlord is a tricky job, and requires patience and understanding. Your best chance at being a profitable homeowner is by creating satisfied customers, in other words, happy tenants. Tenants that feel valued and cared for are more likely to respect and maintain your property. With the help of our professional team, you can better avoid tenant conflict.

Lease Agreement – Disagreements often begin when one party misunderstands the other. A clear and concise rental contract is the best way to make sure all individuals involved understand their duties. The lease agreement needs to distinctly state tenant versus homeowner responsibilities. At Real Property Management SAC-METRO, we use a well-written contract that outlines exact obligations to help tenants know what to expect from the very beginning.

Work Orders – Maintenance repairs can also create disputes. Landlords should financially and even mentally prepare to put money into their rental every once in a while. Anticipate fixes and set aside funds for those fixes. Homes naturally deteriorate no matter who is living in them. Expect normal wear and tear to happen. As for your tenants, they can feel neglected and unheard if maintenance requests are not handled in a timely manner. But when partnering with Real Property Management SAC-METRO, you won’t have to worry about that. We promptly respond to submitted requests and work hard to resolve the matter as quickly as possible.

Home Inspections – Frustrations escalate when costly repairs could have been prevented with regular upkeep. Home inspections allow you to catch small problems before they turn into significant problems. Landlords are allowed to enter their rental home when they follow the proper legal steps. Complying with the law not only saves you from legal ramifications but is also a way to show respect and keep the peace with your tenants. The experts at Real Property Management SAC-METRO know the law regarding home inspections and make sure to follow all applicable regulations.

Emotional Attachment – Some investors have a difficult time transitioning from homeowner t

o business owner. It is important to operate your rental like a business investment, even if it was once your beloved home. Remember that tenants notoriously do not provide the same level of care for a house as a direct homeowner would give. All the while, your landlord/tenant relationship hinges on your ability to personally detach, and rather, remain objective and courteous. The help of a third party such as Real Property Management SAC-METRO is especially beneficial when trying to make the emotional switch to a business investor.

Tenant Screening – Placing quality tenants in your unit can drastically reduce the likelihood of encountering conflict down the road, not to mention the impact on your cash flow and profitability. The Sacramento rental property management team at Real Property Management SAC-METRO uses a thorough tenant application process for this reason. We verify credit, employment, and income. Plus, we conduct a criminal and background check. We also look at rental history and talk to previous landlords. Finding well-qualified tenants can make the world of difference, resulting in either pleasant tenant experiences or rocky ones.

Develop Mutual Respect

Most tenants don’t want to stir up trouble, but they do want to feel listened to and respected. Your success as a rental home investor largely depends on the landlord/tenant relationship you develop. Remember to:

  • Set expectations upfront and enforce the terms of the lease
  • Anticipate and prepare for maintenance requests, small and large
  • Conduct regular home inspections to catch needed repairs before they snowball
  • Don’t stress over normal wear and tear to your home
  • Follow all federal, state, and local laws and regulations
  • Make a mental adjustment to operate your rental as a business
  • Utilize a rigorous tenant screening process
  • Hire a professional intermediary to help you maneuver the complexities that come with being a landlord

What Our Sacramento Rental Property Management Experts Can Do for You

The professionals at Real Property Management SAC-METRO understand the rental industry. They know how to improve your tenant communication, all while increasing your bottom line. To be a successful rental property owner, you need to understand the job requires time, energy, and knowledge. Landlord responsibilities don’t stop on the nights, weekends, or holidays. But you can handoff the everyday hassles and headaches of your Sacramento rental property management duties to our experts. We offer a comprehensive list of services and proven processes that are designed to get you a better return on your investment. Put our experienced team to the test. Call Real Property Management SAC-METRO today.