Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
There are many exciting and interesting things to learn about being a landlord. But, one of the most often overlooked topics is rental property tax deductions! As a new or experienced landlord, you need to take the time to become a master of your taxes to ensure...
Are you up to date with changes to the Rental Market? Rental properties are a great tool for getting in extra, steady income. But if you’re not paying attention, changes in market trends can sneak up on you. Don’t worry, we’re here to help! Read on...
The COVID-19 crisis has left millions of Americans in a tight financial spot. Many have been furloughed, laid off, or had to close their businesses. Others are saddled with medical bills from hospital stays or are dealing with grief from losing a loved one to the...
Landlords and property managers in Citrus Heights and most communities throughout the U.S. are legally allowed to require what’s called a security deposit or sometimes a damage deposit. This deposit is some amount of money that the landlord holds in the event that...
According to the Insurance Information Institute, winter weather events are the second leading cause of property insurance claims. In 2019, winter-related claims accounted for $2.1 billion in property losses. As a property owner in California, you might assume that...
A career as a property manager can often be quite stressful. They have to think about all sorts of topics all the time. They have to know all about renters insurance and how it works. They often have to know a lot about building renovation and remodeling as well. If...
Are you a homeowner? If so, then you probably understand how much small changes can impact property value. This includes adjustments made to your landscaping. Believe it or not, improvements to your home’s landscaping is one of the best investments you can make. This...
Problematic tenants lead to a wide array of problems with your rental property. For one thing, they can make evictions necessary, which are expensive and frustrating processes. For another, they can leave your rental property vacant, which results in a substantial...
Owning a rental property or working as a landlord can provide a vast array of benefits. However, property vacancies are often the most expensive part of being a landlord. When a property is vacant, it will not be bringing active income in every month. However, you...
The move out inspection is an important aspect of protecting your investment when a tenant plans on moving out. This will help you to be aware regarding the condition in which the property is, as well as what will have to be done prior to finding a new tenant for the...
Fair Housing laws are designed to prevent discrimination toward an individual when deciding to rent to them. It is crucial to understand the fair housing laws in California to ensure that you are adhering to these regulations. Failure to do so can result in being...
Moving can take a substantial amount of time and results in significant amounts of stress. However, moving can also be incredibly exciting. Taking the steps to ensure that the move goes as smoothly as possible can ensure that you remain more excited than stressed...
Ultimately, deciding whether to buy or rent a home will depend primarily on the existing market and your specific financial situation. In Sacramento, there has been a steady appreciation in both rent and home prices. This means that rental properties are in demand,...
Landlord insurance is incredibly important to protect the investment of a landlord. However, this type of insurance generally only covers damage to the structure of the building or things that can lose the landlord’s money. Landlord insurance does not cover damage...
When most people think about the housing market in California, they immediately think to stay far away. However, this year the average median home price has fallen, and things are only looking better, especially in Sacramento, and if you don’t invest now you might...
Recessions have an unerringly negative connotation, for good reason. They create a significant amount of hardship for everyone. Many experts have stated that they expect an economic recession to impact the country within the next few years. However, landlords...
In 1996, President Bill Clinton signed Megan’s Law into effect following the rape and murder of a seven-year old girl, Megan Kanka. The public demand to act upon sexual predators and their involvement in child abuse and murder lead to new regulations and laws. Megan’s...
Though every property manager will eventually lose a tenant, it is important to minimize the possibility of tenants leaving. It is important to develop a thorough plan for tenant retention in order to retain your tenants as effectively as possible. Retaining tenants...
If a tenant moves out voluntarily or following an eviction, it can leave landlords in a state of needing to clean up and repair the damage left by the former tenant. Tenants often leave behind garbage that needs to be removed, but the unit needs to be cleaned in the...
You need more income, but raising rent increases the risk of losing tenants. A lower rent will make you more money than a vacancy, but what other ways can you increase your profit? Here are a few ways to avoid increasing rent, while still increasing your bank account....
As a Sacramento landlord, there is only so much you can do to childproof your rental property. While most of that responsibility falls on the parents, there are still some things you can do to keep children safe on your property and (consequently) avoid legal drama....
As a property owner, you have legal responsibilities you need to meet. Property owners that plan on renting out their property need to adhere to strict laws. Failure to meet certain regulations can lead to lawsuits and serious penalties. One major concern is bed bugs....
If you are a landlord and haven’t yet considered how best to handle your pest control needs, you may be wondering about the most basic aspects of pest control, such as identification and avoidance. We will study compile these and other aspects below for your...
Managing Rentals Sometimes Proves Time Consuming. As a landlord, do you find yourself relating to this scene? Your tenant calls you to complain about some minor aspect of the property’s grounds. Suddenly, you discover first hand the importance of home landscaping...
People who are seeking a roommate often struggle to find an individual who fits their needs. It can be complicated to understand your demands and find someone who meets them thoroughly. As a result, a large number of people end up in an expensive living situation or...
One of the more unpleasant moments of property management is dealing with a potentially abandoned property. Depending on the amount of unpaid rent, the property left behind and the difficulty of confirming the facts of the situation, abandoned property scenarios can...
Owning property can be a worthwhile investment. However, as with any other investment, you need to know how to get the most out of it. While there are several taxes associated with property ownership, the good news is, there are also various provisions in the U.S tax...
Keyrenter announced the opening of their newest franchise. Keyrenter Sacramento Property Management is a full service real estate company specializing in the management of single family homes and small multi-family properties. Read the full article here...
California law gives a landlord the right to evict a tenant that has breached a lease agreement. Evictions, however, are rarely simple or inexpensive and thus seen as a last resort by many property managers in Sacramento. The law is very specific on how you must...
Many renters don’t consider the fact that they need their own insurance to cover all the items in their apartment. As a landlord or property management company in Fair Oaks and surrounding areas, you want to explain to renters that landlord’s insurance only covers a...