by Suzanne Rodoni-Silverberg | Oct 30, 2020 | Property Management
Rental property maintenance is rarely something property owners like to talk about. It’s expensive, but it’s also necessary. When you’re renting out a Santa Cruz home, there will be routine and emergency repairs. Part of budgeting and being prepared is putting together a great list of vendors. The professionals you use to complete these repairs should be licensed, insured, and bonded. It’s the only way to protect yourself, your property, and your tenants.
A lot of landlords seem content to hire anyone willing to do the work. It often seems to be the cheaper way out of a maintenance issue. We don’t recommend that. In fact, we strongly caution you against it. This will only invite risk and liability, and it could cost you a lot more than you think you saved. (more…)
by Suzanne Rodoni-Silverberg | Sep 18, 2020 | Our Blog, Property Management
Your relationship with the property management company you choose needs to be built on trust, communication, and a shared set of responsibilities and expectations. You’re paying your property managers a monthly fee in exchange for a scope of services. If you feel like those services aren’t being provided or you’re not getting the value that you’re paying for, it may be time to re-think your relationship. (more…)
by Suzanne Rodoni-Silverberg | Sep 4, 2020 | Our Blog, Property Management
Insurance is part of your risk management plan when you own investment property in Santa Cruz. Your rental property is most likely one of your most valuable assets and it’s important to protect that investment. Insurance can be confusing, especially if you’re a new investor or you’re renting out a home that you once lived in yourself. (more…)
by Suzanne Rodoni-Silverberg | Aug 21, 2020 | Our Blog, Property Management
When you want to protect the condition of your Santa Cruz investment property and work towards retaining great tenants, you have to have a reliable and responsive plan in place to address maintenance requests. Sound maintenance practices not only keep your residents happy and secure, they also protect the condition of your investment. (more…)
by Suzanne Rodoni-Silverberg | Aug 7, 2020 | Our Blog, Property Management
Placing well-qualified residents into your Santa Cruz rental property is an essential first step in having a positive and profitable investment experience. Good tenants will pay rent on time, take care of the home, and follow the terms of the lease agreement. They’ll communicate well with you and report maintenance issues in a timely manner. (more…)
by Suzanne Rodoni-Silverberg | Jun 26, 2020 | Our Blog, Property Management
Many landlords run a credit check when they’re screening tenants in Santa Cruz, but often they don’t do much more than that.
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…)
by Suzanne Rodoni-Silverberg | Jun 19, 2020 | Our Blog, Property Management
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…)
by Suzanne Rodoni-Silverberg | Jun 12, 2020 | Our Blog, Property Management
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…)
by Suzanne Rodoni-Silverberg | Jun 5, 2020 | Our Blog, Property Management
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…)
by Suzanne Rodoni-Silverberg | May 29, 2020 | Our Blog, Property Management
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…)
