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From the Staff at Realty Roundup
Rental properties are a great way to generate additional income. They can also be a great deal of work. That’s why many owners choose to employ the services of a property management company. Hiring a reputable professional ensures your investment is taken care of while saving you time and stress.
Property owners can see hundreds of applications when the rental market is hot. A trained professional will quickly spot the red flags that signal a prospective tenant is a risk. They can also guide you in drafting your approval requirements, such as adding a credit score minimum.
When maintenance issues inevitably arise, they are the property owner’s responsibility. Having a management company on-call with ample staff means these problems are fixed quickly before escalating into expensive repairs. This is especially helpful to anyone who owns more than one rental property.
Most management companies are paid as a percentage of the rental income. In other words, if you don’t get paid, neither will they. This encourages the company to receive rent in a timely manner and quickly address those who are overdue.
Finding a property management company with adequate legal knowledge can save you a headache. Managers must keep themselves updated on new tenant and landlord laws to ensure you are protected. For example, there are stipulations regarding eviction notices or allowable screening processes that must be followed to avoid a lawsuit.
If you need help with your rentals, Realty Roundup Property Management has been assisting landlords for over 30 years. Their services include tenant screening, routine inspections, and maintenance. To speak with a representative from the property management company today, call (916) 685-6601 or reach out online. With locations in Stockton, Galt, and Elk Grove, the team is here for your convenience.
A thorough understanding of the terms included in your home rental lease agreement is essential, as this document — once signed — will serve as a legally binding contract. Before penning your John Hancock, the property management experts here at Realty Roundup, recommend you take the proper time to research, inquire about, and negotiate all pertinent details.
Here, they share a few questions you should ask before signing the rental agreement:
Renters should be acutely aware of the rules contained in the document, including its length and the penalties for breaking it early. Inquire about what you will be charged for a security deposit as well as how this amount will be adjusted when you vacate the property. You may also want to find out about rent increases and advance payments.
Certain amenities in a rental property may be included in the price, but it’s important to budget for those that are not. Prior to signing the lease agreement, ask whether the landlord charges for electric connections, gas, and cable.
It’s good to know what alterations you are allowed to make in advance. If you plan to paint your walls, take down the carpeting, or hang up framed photos, it’s important to discuss your plans with the landlord to avoid losing your deposit down the road.
If you are a pet owner or plan to become one, inquire about their policy. Some landlords are wary of anything that could potentially damage their property. Others request a separate deposit, charge monthly fees, or impose weight restrictions.
In most leases, tenants are responsible for all maintenance pertaining to the aesthetic upkeep of the property. This can include mowing the lawn, handling the trash, and paying HOA fees. On the other hand, a broken garbage disposal, AC unit, or electricity meter will often fall under the landlord’s jurisdiction.
Serving Stockton, Elk Grove, and Galt, CA, Realty Roundup is a full-service property management company specializing in move-ins, maintenance, owner and tenant relations, and vacancy.
For decades, home ownership has been viewed as the American dream. However, that perspective has shifted for many people who find renting to be a more reasonable option. Buying a home is a major financial and life commitment, and it’s not necessarily the right choice for everyone. The property management team here at Realty Roundup has worked with hundreds of Sacramento County and San Joaquin County residents to help them find the perfect rental home where they can enjoy all the benefits of being a tenant.
Here, we share the top advantages of renting a home over becoming a homeowner:
If you’re on the fence about whether you should rent or buy a home, it’s important to weigh your options carefully. Keep in mind with so many excellent reasons to rent, there’s no need to rush into home ownership. Contact our office for more information on rentals and availability.
One of the more beneficial things you can do as a real estate investor is hiring a property management company to handle the day-to-day responsibilities required of you. However, not all property managers provide equal service, and selecting the right professional is critical to your success. Several characteristics define the type of property management you want to partner with. To get the most out of your investment, these are the traits the experts at Realty Roundup suggest you seek out in a company:
Before hiring any professional service, it’s essential to learn what their reputation is in their community. It’s best to research a property management company online to review the type of client testimonies they have received, as well as ask for references from other homeowners they’ve worked with.
A good property management company will have an established set of operational procedures that have proven to be effective. This should include everything from preventive maintenance to budgeting and auditing contractors to ensure the streamlined efficiency of managing all aspects of your property.
Knowledge of the industry is crucial when it comes to providing property management services. A company must stay up-to-date on all the current laws and regulations and understand how to market to properly, screen and evict tenants should the need arise. It’s critical that the person or firm you hire has a grasp on all matters related to financial reporting, tenant relationships, and property upkeep.
Property management involves many different facets, and it’s likely there will be numerous tasks to care for each day. Your manager should have superior organizational skills and be able to remain focused on the details while completing a varied to-do list. Part of this is also being able to prioritize assignments and requests as they come up.
If you or your tenants are unable to reach your property manager when needed, it can lead to severe frustration. Having open communication with a company is vital so you can be kept informed of everything going on with your property. Timely responses are necessary to make sure each element is operating as it’s supposed to.
If you want to achieve the best results for your real estate investment, these are the characteristics you want your property management company to reflect. Contact Realty Roundup at (916)685-6601, or check our website for an in-depth look at the services we offer property owners.
Finding a rental home can be frustrating and time-consuming, with hours spent digging through property ads, sometimes to no avail. When you finally do find a rental property you love, dealing with landlords often brings its own difficulties, especially if necessary repairs go neglected. To avoid these issues and make finding your next rental home easier and less stressful, consider working with a property management company.
Property managers offer renters a wider range of benefits over private landlords, including:
As one of Elk Grove’s most respected and established property management companies, Realty Roundup has provided a comprehensive range of services for renters and property owners alike for over 30 years.