We are talking today about the importance of setting a pet policy for your rental property. At Real Estate Eight Three One, we work with a lot of landlords who do allow pets because they are pet lovers themselves and they want to attract a broader pool of potential tenants. To get a greater number of potential tenants interested in your property, you should remain open to the idea of allowing pets into your home. (more…)
Our topic today is the fees and services that you can typically expect to hear a property manager talk about when you are interviewing him or her. There are two kinds of fees that are the most common when it comes to property management and those are the lease up fee and the ongoing maintenance fee. Property managers have different ways of charging for these. (more…)
Usually, when landlords come to us and ask us to find them a tenant, what they really want to ask us is to find them a good tenant. The best way to do that is through our advertising and our tenant screening process.
We have a very large advertising network, and we use syndication. Our advertising is very high quality and professional. We cast a wide net with the various online websites we use. We put ads up on all the big sites, those that people know and recognize such as Zillow, Trulia and Craigslist. Then, there is a whole syndication network beyond those websites that we always utilize for our property listings. It helps us to cast an even wider net and give us the best pool of candidates possible for our property owners. (more…)
Today I want to talk to you about how you should set a price for your rental property. It’s an easy thing for us at Real Estate Eight Three One to do because we do it every day, so we have a good pulse on the rental market. When we are advising owners what to charge for rent, we start by comparing the property to others that are similar and in the same area with identical amenities. We take a look at what those properties have rented for in the past, which helps us to recommend a good price point. (more…)
Properly maintaining is an important part of rental property ownership. Not just because it is the property owner’s responsibility, it reduces owner liability, and helps to maintain the value of the investment. However, there are times when the tenant could be responsible and that can be a difficult situation for the property owner to address with the tenant. (more…)
Many believe that once a tenant moves into a property all that is required is to “collect the rents”. As a property manager I often hear this but know it is far from reality. Tenancy starts before the tenant moves in, progresses while the tenant resides in the property, and continues after the tenant moves out. Properly setting expectations up front will go a long way towards a good tenancy experience. Understanding landlord/tenant laws is the best protection for a landlord other than hiring a professional property manager. (more…)
Mold has been around for a long time. Literally as long as there have been living organisms. Therefore, it may seem strange that it has become such an important and potentially dangerous issue. However, mention the possibility of the existence of mold to any reputable Property Manager, it gains immediate and urgent attention. (more…)
I am often asked about the value of hiring a property manager. Many property owners mistakenly believe that all a property manager does is “collect the rents”. There is much more to managing a property and I believe the cost associated with hiring a professional property manager is paid back in many ways. (more…)
Lead based paint has been an important issue since March 6th, 1996, when the Environmental Protection Agency (EPA) & Housing & Urban Development (HUD) released regulations on the Residential Lead Based Paint Hazard Control Act. Property Managers and Landlords nationwide have worked to comply with the law. Additionally, the Lead-Based Paint Pre-Renovation Education Rule was invoked, which requires notification to occupants in advance of work that could disturb lead-based paint. (more…)
Most Landlords are not open to the idea of renting to tenants with pets. To be honest, this is understandable because I have seen situations where tenants have allowed their pets to cause considerable damage. When faced with the issue of pets, property managers and/or landlords need to use a logical approach. Saying “NO” to a pet right away can lead to illegal pets or possibly missing a good tenant. (more…)
411 Capitola Avenue
Capitola, CA 95010
DRE #01526597
The Corporation is Capitola Financial
Corporation DBA Real Estate Eight Three One