This is a mistake. To really protect yourself and your investment property, you need to do a thorough tenant screening which should include verifying income, searching for past evictions and criminal issues, and talking to current and former landlords. (more…)
When you own some Santa Cruz real estate and you’re ready to move on, either leaving the area or buying another property or looking for other investment opportunities, you’ll need to decide whether you want to sell that existing property or rent it out.
There are pros and cons to both scenarios. Before you make the decision, consider your personal investment goals and financial position. Then, decide whether you think you’ve finished completely with this home or you still have more money to earn from it. (more…)
Santa Cruz’s geography, population, and economy makes it a unique rental market. You can’t really measure how your property will perform by looking at national or statewide data. Many of the rental property owners we work with want to know how long it will take to rent out their investment home.
Typically, that answer will depend on a number of factors, which we’re discussing today. (more…)
Rental property maintenance is one of the most important responsibilities for any Santa Cruz property manager or landlord. If you’re managing your own property, make sure you’re prepared to take care of it. You’ll have to respond to emergencies as soon as they occur, and you should be just as responsive to routine repair requests so your tenants understand that you care about the property and their needs. (more…)
Working with a professional Santa Cruz property management company can help you have a better and more successful investment experience. Many landlords think that they can save money by managing their own properties. The truth is, you often spend more as a self-managing landlord. That’s because mistakes are expensive, and so is the loss of your time and peace of mind. (more…)
Today, we want to explain that new California landlord law, and tell you what to expect and why it matters. Remember that laws and regulations are changing all the time – on a federal, state, and local level. If you’re not keeping up with these legal changes, make sure you’re working with a professional Santa Cruz property management company that can help you. (more…)
Every month, Suzy Rodoni-Silverberg writes a column for the Good Times Santa Cruz, sharing important information about real estate and property management for those living, renting, and buying in the greater Santa Cruz Area. This month, Suzy explores the renting vs. buying topic. Do you have a real estate or property management question that you’d like to have answered? Submit your question in the comments below! (more…)
Why is Capitola’s Jewel Box one of Santa Cruz County’s most desired neighborhoods?
We are going to give you our top five reasons in our first edition of our new monthly blog featuring neighborhoods in the 831. Capitola and the Jewel Box are a natural place to start as the Real Estate Eight Three One office is nestled right in the middle of it all, making us uniquely qualified to list, rent, and manage in the area. (more…)
Today we are talking about how to handle repairs and maintenance on your rental property in Santa Cruz. Property maintenance is very important for your rental home, and not just because it reduces your liability. It’s also important to keep your investment in good shape. You have a lot of money invested in your rental home, so keeping it in the best condition possible is beneficial to you and your bottom line. With this in mind, we take the maintenance of our properties very seriously.
When a tenant needs a minor repair or a maintenance issue taken care of, we ask that they put their request in writing and forward that request to us. If they would prefer to, they can also go online and make a maintenance request that way. It works well for both the property manager and the tenants when requests are documented this way. (more…)