Can I Manage a Property for a Friend Without A Real Estate License? - 07/31/08 09:40 PM
There is a big difference between what a licensed and insured property management company provides for an investor and what you can provide. Besides licensing and insurance there is your liability to consider. If you make a mistake and someone gets injured or killed are you protected? How? I ask this … (2 comments)
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Home Warranty Woes Part 2 of 2 - 07/29/08 06:49 PM
This is a followup to my blog yesterday. http://activerain.com/blogsview/614095/Home-Warranty-Woes-Part
Since the warranty company refused to clear my drain I had to call my plumber. He came out this morning and snaked my shower. He then tested all the plumbing for 15 minutes to make sure everything was draining. It was.
The warranty … (4 comments)
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Home Warranty Woes Part 1 of 2 - 07/29/08 12:30 AM
I have blogged before about home warranty companies and how property managers don't like them.
Well, I purchased the house I live in this past March and it came with a home warranty. On Saturday, our plumbing backed up in the downstairs shower from the laundry drain. I almost forgot I … (6 comments)
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RAM Property Services Can Fix Your Toilet and More - 07/25/08 06:54 PM
One of the divisions of our company is RAM Property Services. This maintenance division does a variety of maintenance for HomePointe's property management clients as well as other property managers and individual owners.
The list includes plumbing, carpentry, drywall, doors, painting, remodeling kitchens and bathrooms, and make ready work for … (2 comments)
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Can Renters Protect Themselves From Owners That Go Into Foreclosure? - 07/25/08 12:26 PM
I just had a tenant send me this message:
I live in xxxxxxxxx, California. Recently, we inadvertently opened the mail of the owner of the property we're renting and discovered the property is in foreclosure. We've paid the guy six months in advance in rent (I know but we were … (10 comments)
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Meal Periods: Employers Must Only "Make Meal Periods Available," Not Ensure They Are Taken - 07/25/08 12:32 AM
Employers finally have a victory in the employee-dominated battlefield of meal and rest period litigation. On July 22, 2008, a California Appellate Court held in Brinker Restaurant Corp. v. Superior Court that "while employers cannot impede, discourage or dissuade employees from taking meal periods, they need only provide them and not … (1 comments)
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Housing Assistance Programs in Sacramento Region - 07/23/08 11:59 PM
There are Housing Authorities in most of the ten counties served by ACRC and Housing Now. These Housing Authorities operate under the federal guidelines from the U.S. Department of Housing and Urban Development to provide both the public housing and the rental subsidy assistance program more commonly known asSection 8. ACRC … (0 comments)
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Emergency Utility & Rent Help - 07/23/08 07:10 PM
Housing Now's Independant Living Assistance Program (ILAP)Emergency Utility & Rent Help
Housing Now was awarded a Community Service Block Grant (CSBG) from the Sacramento Employment and Training Agency (SETA) in January 2008.
This funding is being distributed from Jan.'08-Dec.'08, (while funds last,) to people with developmental disabilities, living in Sacramento … (3 comments)
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HomePointe Sacramento Area Rent Survey 3rd Quarter 2008 - 07/23/08 06:23 PM
Dear Real Estate Professional:
Our 2008 Sacramento Area 3rd Quarter Residential Rental Survey is new available. You can also access this survey at our website along with past surveys by clicking this link: http://www.homepointe.com/owner_services_rental_survey.asp .
I wish I had news that rents were rising and vacancies dropping. Instead, the market has … (0 comments)
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HomePointe clients have online access to statements and invoices - 07/22/08 05:24 PM
Since 2006 HomePointe Property Management clients have been able to see their Owner Statements and copies of paid bills online. Our password protected website, which is secure, allows our clients to establish a log in user name and password. Once that is done, they can easily view all of their property's … (0 comments)
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A New York Vacation in 4 Days - 07/22/08 05:13 PM
Now that the economy has dictated that staying in the USA for a vacation makes economic sense, it may be worth checking out NYC for your next getaway.
I am lucky, my daughter is currently living there on Wall Street. So my wife and two sons, that live in Sacramento, went … (2 comments)
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Don't Jump the Gun on REO's or Any Property in Escrow - 07/16/08 10:43 PM
This week we had one of our property management clients ask us to start advertising a property for rent. The property is an REO property they were purchasing and escrow had not closed.
I can think of the following reasons not to do it:
1. The bank would need to give … (9 comments)
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REO Bank Would Not Close - 07/16/08 06:55 PM
I had an accepted all cash deal going the past 90 days that was supposed to close a month ago. All the money has been in escrow for over 30 days waiting for the bank to sign off the title company to record the deed.
Yesterday I called the title … (6 comments)
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Speed Kills in Property Management - 07/16/08 12:38 AM
We signed a contract recently to rent out a home for a new client. Things were going well until the owner stopped over on a Sunday afternoon to see their house while it was still be marketed. The problem is they ran into a potential tenant and showed them the … (3 comments)
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Smokey Skies from Los Angeles to Mount Shasta - 07/14/08 01:40 AM
Over the past 7 days I have traveled from Los Angeles to Mount Shasta and personally witnessed the smokey skies of California. This is a spread of over 600 miles and it is smokey all the way!
During most of my driving there was a haze on the horizon, but in Redding … (3 comments)
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Alta California Hosts Resource & Vendor Fair in Sacramento, CA - 07/14/08 12:38 AM
What is Alta California Regional Center? Alta California Regional Center creates and maintains partnerships to support all persons with developmental disabilities, children at risk, and their families in choosing services and supports through individual lifelong planning to achieve satisfying lifestyles in their own communities.
When: July 31, 2008 from 12 pm … (0 comments)
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Are you registered for the Rental Owners Expo? - 07/13/08 01:01 AM
This is a new one-day event exclusively for rental owners and investors in single-family homes, duplexes and similar rental properties. The program includes 12 educational seminars on property management and investment topics, a "Vendor Showcase" featuring over 25 exhibitors of products and services, and a luncheon with speakers discussing the current … (1 comments)
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Summer Can Be Tough On Property Managers - 07/10/08 11:21 PM
During the course of summer many people go into vacation mode. Of course they take vacations, but they also take extra days off so they can be with their family during the fun times of no school for the kids.
But, it can be tough because a lot of other people … (2 comments)
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Do Not Steer Rental Applicants - 07/10/08 11:46 AM
If you had an applicant for your upstairs rental and a family with a small child wanted to rent it would that be a problem for you? Say the resident let the child walk out their front door and the kid fell down the cement stairwell?
What if a blind person … (3 comments)
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Changing Air Conditioning/Heating Filters Will Save You $$ - 07/07/08 12:48 PM
My HVAC (Heating, Ventalating, Air Conditioning) technician tells me that it is best to change the filter in the heating and air conditioning system on a monthly basis.
The problem with rental units is that it is hard to get it done by the tenants, especially when renting out single family dwellings. … (6 comments)
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How to Qualify a tenant that has just been Foreclosed - 07/05/08 01:48 PM
In this market, many of the people that are losing their homes to foreclosure are applying to rent property. This is either a great opportunity for landlords or a mine field that will eventually catch the landlord and blow them up.
Our company has decided to take a middle of … (19 comments)
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Support Rental Housing Association's Anit-Slumlord Campaign - 07/02/08 10:16 AM
RHA of the Sacramento Valley is asking for your help to improve the image of our industry and the quality of the neighborhoods where you own rental properties. The overwhelming majority of rental owners and managers are just like you - responsible individuals who take pride in their properties and respect … (4 comments)
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HomePointe rents out 60 homes in June 2008 - 07/02/08 01:19 AM
HomePointe signed up 60 new tenants in June 2008. We rented a variety of homes, duplexes, condominiums, and apartments.
If you are looking for a home to rent in the greater Sacramento area visit us at www.HomePointe.com, we have over 100 available properties.
We have rentals in the … (5 comments)
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