management: Save the Money
- 01/31/12 09:52 AM
One key to upgrading a rental property is to research. Researching comparable properties in your area can save you hundreds if not thousands of dollars. A foreseable problem a property manager can help with, is choosing how and what to upgrade in an investment property. Owners may pick up a property for pennies on the dollar and think if they install granite countertops and stainless steel appliances, they can charge astronomically more money than other comparable homes. The problem is, the market only allows for so much rent. There is a certain point in every neighborhood that no matter what upgrades … (0 comments)
management: One for the Owners
- 01/31/12 09:44 AM
Too too often I see a sad story unfold before my eyes. Its part of the American dream to save money, buy a home, and whether its right away or 10 years down the road, to take that home and turn it into a rental property. Now your investment is working for you, hopefully providing some income, and yet you can maintain the home with the income. My concerns come when the owners of the property put their life savings into a home. They get everything up to code and running smoothly, expecting to find a renter whom will take care … (0 comments)
management: A Proper Agent
- 11/30/11 04:30 PM
The title of this blog may be a bit confusing. But an agent needs to be proper in a few ways. They need to consider that their client is the owner of a property, not the tenant. If the tenant has requests that only benifit them, or may hender the home or the business purposes of the owner, the owner should be contacted or the well being of the owner taken into consideration before an agent makes decesions on their behalf. We need to treat each property and each account as if it was our own home, and our own money … (3 comments)
management: Screening of Tenants
- 11/30/11 04:30 PM
To ensure proper screening of future tenants an owner/agent must set standards prior to advertising the property. This will avoid any possible claims of unfair screening and unfair denial of a tenant renting the home. This will also tell a prospective tenant up front that if they wish to apply for the property they need to meet certain standards, and these standards must not be altered or bent for any circumstance. Otherwise fair housing laws come into effect and owners/agents can be accused of anything from racism to not renting to a tenant because they are too young, or have kids. … (1 comments)
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Andy Pokorny
Property Manager in Sacramento, Natomas, W. Sac,...
One key to upgrading a rental property is to research. Researching comparable properties in your area can save you hundreds if not thousands of dollars. A foreseable problem a property manager can help with, is choosing how and what to upgrade in an investment property. Owners may pick up a property for pennies on the dollar and think if they install granite countertops and stainless steel appliances, they can charge astronomically more money than other comparable homes. The problem is, the market only allows for so much rent. There is a certain point in every neighborhood that no matter what upgrades … (0 comments)
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