rentals: Renting As Is - 08/05/08 12:10 AM
Some of our clients want to rent their homes with some of the items "as is". They might tell us that the washer and dryer can stay, but they do not want to fix them. Or, they don't have a way to move their refrigerator, so can they leave it … (6 comments)
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rentals: 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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rentals: The Doctor of Property Management - 06/11/08 12:59 AM
When I go out to see a potential new client I come armed with facts on what nearby properties are being rented for and what has rented recently. When I first arrive at the property, I view it inside and out to see how it compares with the competition.
I am … (7 comments)
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rentals: When is the Rent Due and When is the Rent Late? - 05/21/08 01:04 AM
When starting a tenancy a landlord has to figure out when rent is due and when it is late. It makes sense to have all rents due on the first of each month no matter what day the tenant took possession and no matter when the lease ends. This is … (2 comments)
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rentals: Banks Slow Play REO's - 05/15/08 01:04 AM
When a poker player has good cards, sometimes they slow play the hand by not betting much in the hopes of attracting more players to stay in the game. They hope the other players will put more money in than if they player with the good hand bet big early. … (6 comments)
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rentals: Can a tenant get my phone number and address if I use a property manager? - 05/07/08 12:09 AM
A good property management company is trained to protect the owner's confidentiality. The property management company should not release any information about the owner to anyone without the owner's approval.
But, be aware that anyone can access county tax records. If the home address is on the tax roles for the rental property they own, they may … (8 comments)
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rentals: Sacramento Rental Market May 2008 - 05/05/08 01:33 AM
The rental market is continuing down the middle path as it has done for the past six months. While there is plenty of demand for rentals in the Sacramento Region, there are still plenty of houses to rent.
But, you say, the sales market is pretty bad, this should improve the rental … (0 comments)
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rentals: You Be The Judge - 05/05/08 12:58 AM
The Case: A tenant has leased a house and is responsible for doing the yard work.
While mowing the yard, the mower kicks up a rock and breaks the glass in the glass patio slider door.
It is a $450.00 repair. The tenant wants the owner to pay, the owner wants … (19 comments)
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rentals: What are habitability requirements? - 04/27/08 02:45 PM
They are requirements that all owners of residential rental property must adhere to. They are enforceable by the local city or county building department. Failure to maintain your property to these standards may subject you to fines, lawsuits, or the shutting down of your rental.
In California habitability requirements are spelled … (5 comments)
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rentals: Houses for Rent and being Shown This Week and Weekend - 04/25/08 12:59 AM
Our office is unique in that we hold "Open Houses" for our rentals on a pre set schedule. While most property management companies shut their doors on Friday night and reopen on Monday, HomePointe Property Management is showing 50 or more vacant houses in the Greater Sacramento Area.
… (2 comments)
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rentals: What Do You Use To Paint Your Rentals? - 04/17/08 06:16 PM
One of the things you learn after being in this business for a long time is to try to standardize the work you do. The less on the job thinking, the better.
When it comes to painting a rental unit, it is best to try and use the same paint … (5 comments)
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rentals: Screening Tenants is Important For Property Managers - 04/16/08 10:54 AM
One of the most important things a landlord does is select tenants. Make a mistake and all the work you just completed and money you spent could all be wasted on a professional tenant that has no intention of paying their rent. Or it could be wasted on a person with … (3 comments)
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rentals: Craigslist Scam Hits FOR RENT Ads - 04/11/08 12:58 AM
We post our vacancies on Craigslist along with a lot of other companies and individuals in Sacramento, CA.
Last week I was contacted by a prospective tenant that wanted to know if the owner of the house we were renting was located in Africa. The prospect told me he responded to … (42 comments)
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rentals: If you get sued by your tenant who pays the attorney fees? - 04/08/08 05:04 PM
If you have tenants you are subject to getting sued by them. You are also in a position to have to sue your tenants at some point for non payment of rent or to enforce some part of the rental agreement. If you have never been sued or have not sued … (10 comments)
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rentals: Rental Housing Inspection Program City of Sacramento - 04/07/08 03:39 PM
This is a follow up to a previous blog of mine on the new mandatory inspection program in the City of Sacramento.
The program will take effect in September 2008 and bills for the $28 fee per unit will be mailed starting in July 2008. All rental properties will be inspected over … (1 comments)
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rentals: My Property Won't Rent, What is the Problem? - 04/07/08 12:29 AM
I talk to landlords and real estate agents all the time that cannot figure out why their property will not rent. I ask them, "Have you reduced the price?" They typically answer that they are getting no resistance to price. "People don't complain at all, they tell me it is a … (10 comments)
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rentals: Do You Need a Property Manager in the greater Sacramento Area? - 04/05/08 12:17 PM
HomePointe Property Management has three offices. One in Roseville serving Lincoln, Rockin, Roseville, Granite Bay, Antelope, North Highlands, Natomas, Citrus Heights, and other nearby areas. We also have an office in Orangevale serving Orangevale, Folsom, El Dorado Hills, Cameron Park, Serrano, Fair Oaks, Carmichael, Rancho Cordova, Gold River and other nearby … (0 comments)
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rentals: Sacramento Rental Market Update April 2007 - 04/05/08 01:35 AM
The real estate market in Northern California valley continues to retreat. Normally, this type of sales market translates into a rising rental market. But this has not happened yet. It seems that sellers who cannot sell are renting their properties in large numbers and this is adding supply to the rental … (0 comments)
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rentals: Mold Lease Clause - 03/20/08 02:04 PM
Your rental agreement should not be without a lease clause that instructs the resident how to deal with mold. Mold is still a problem in that some residents don't know where it comes from and how to prevent it. Also, there are attorneys out there that want to make your life … (1 comments)
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rentals: City of Sacramento Passes Rental Inspection Program - 03/17/08 01:43 PM
The City of Sacramento has created a Rental Inspection Program. All rental units in the city will be charged a $28 annual fee and will be subject to annual inspections. There is a self certification element to it as well.
All owners that do not live within 35 miles of the city … (0 comments)
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rentals: What are typical interior painting costs? - 03/14/08 02:13 PM
Painting costs can vary depending on many factors including wall condition, current wall color, type and color of paint to be used, to name a most considerations.
In the rental business we usually pay on the lower end of the scale, but we do use only licensed and insured contractors to protect … (2 comments)
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rentals: Property Management from our Antelope / Roseville / Lincoln Office (we have 3 offices) - 02/24/08 03:12 PM
Antelope / Roseville / Lincoln Office: 1220 Melody Lane, Suite 110, Roseville, CA 95678 / Interstate 80 and Highway 65 Corridor(916)781-7075Fax:(916)781-7095Property Management and Houses, Homes, Duplexes, Condominiums and Apartments for rent in Natomas, North Highlands, Citrus Heights, Antelope, Roseville, Rocklin, Lincoln and Loomis .
http://www.homepointe.com/
24 Hour Rental HotLine (916) 429-1302 or … (0 comments)
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rentals: Property Management from our Sacramento / Natomas / Elk Grove Office (we have 3 offices) - 02/24/08 03:04 PM
Sacramento / Natomas / Elk Grove Office: 5896 South Land Park Drive, Sacramento, CA 95822 / Interstate 5 and Highway 99 Corridor(916) 429-1205Property Management and Houses, Homes, Duplexes, Condominiums and Apartments for rent in Sacramento, Natomas,Franklin, West Sacramento, Davis, Novato, Santa Rosa, Elk Grove, Laguna and Galt.
http://www.homepointe.com/
24 Hour Rental HotLine … (0 comments)
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rentals: What is the purpose of the indemnity clause in property management agreements? - 02/23/08 08:55 PM
Indemnity is defined as security against damage, loss, or injury. It also means a legal exemption from liability for damages. To indemnify someone means to protect against damage, loss, or injury. When a property owner hires a property manager to manage their property, the management agreement calls for the owner to … (1 comments)
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rentals: How do you compensate the property managers that work for you? - 02/23/08 12:18 AM
This is a good question to ask the company that may be managing your rental property. At HomePointe we pay our managers based on a variety of factors that all play into delivering good service to our clients. The most important factor is that a property manager earns income based on the … (0 comments)
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rentals: How many rental websites do you currently advertise in? How do you get them there? - 02/17/08 11:24 AM
We currenty advertise all of our rental vacancies in the following websites: (we use http://www.craigslist.com/ , http://www.postlets.com/ , http://www.netrent.com/ , http://www.googlebase.com/ , http://www.vast.com/ , http://www.move.com/ , http://www.hotpads.com/ , http://www.lycos.com/ , http://www.oodle.com/ , and http://www.homepointe.com/ ).
Note that some of these websites post to other websites. For example, www.NetRent.com posts to googlebase, … (2 comments)
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rentals: What is the best lease length to offer your residents? - 02/16/08 11:36 PM
The answer to this question can vary based on the type of property you have, the location, time of year, and demand for the property.
The better the property, the more likely you will want to stick to longer leases. Houses usually do well with a one year lease, which is the … (2 comments)
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rentals: What appliances should be provided in a single family home rental? - 02/09/08 02:10 PM
Must haves are a stove. Should haves include a garbage disposal and dishwasher. The landlord should consider providing a refrigerator. The reason is that they are hard to move without damaging either the refrigerator or the kitchen floor. Plus, someone will have to work on the plumbing if an ice maker is … (2 comments)
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rentals: Sacramento Rental Market February 2008 - 02/03/08 11:56 PM
The Sacramento rental market continues to hold its own despite the bad press and realities of the poor sales market. Those losing their property to foreclosure are taking inventory out of the system, while the banks take over those properties. This is reducing the rental inventory somewhat. But even more homeowners … (5 comments)
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rentals: What do I need to do to prepare my property for rental? - 01/12/08 04:14 PM
Over the years I have been asked this question many times. In the current market, many solvent homeowners are becoming reluctant landlords in the greater Sacramento area since they cannot sell their property right now. Converting a owner occupied property into a rental property is straightforward, but it is not the … (0 comments)
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rentals: Selecting a Property Manager Part 4 Maintenance Concerns & Property Management and other Fees. - 01/05/08 08:23 PM
The next subject to be concerned with in selecting a property manager for your property is the property managment company's knowledge and ability with regard to property maintenance. How do calls get answered? How are incoming calls from residents tracked by the property manager? How is it determined when the owner will be contacted? … (0 comments)
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rentals: Selecting a Property Manager Part 2 Communication - 12/30/07 11:24 AM
Find a property manager that answers the phone during working hours. Some property managers have no provisions to handle problems while they are out of the office. What if you need an answer to your pressing question and no one is there to give you an answer? The important point is … (0 comments)
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rentals: Selecting a Property Manager Part 1 Web Presence - 12/29/07 02:08 PM
If you are in the market for a property manager for your single family home, duplex, condominium, or small apartment you may want to read this.
There are many factors to consider when looking for a professional property management company. I believe the first method to use to narrow your search … (2 comments)
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rentals: Sacramento Rental Market - 12/23/07 06:14 PM
The current Sacramento rental market for single family homes is holding steady. At HomePointe Property Management we have seen new accounts from investors dry up over the past year. However, due to the slow sales market, many new clients are signing up to rent their homes because they cannot sell. Renters … (3 comments)
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