Mike and Jennifer Rigley (buyers) 916.378.4671 / (sellers) 916-660-5823 Info@RigleyRG.com
What’s My Carmichael Home Worth?
Please call us to discuss your potential Home Value in Carmichael, CA 916-660-5823. Click here to use our FREE Online Home Value Estimator. Call for a FREE consultation
It's great news if you have enough financial capital that you have the option of investing in a rental property, but being able to afford it is only half the battle. Since you'll need to find and keep the right renters in order to make a profit, here are some ways that you can ensure your property will be a financial benefit.
Price It Right
It's important to turn a profit, but overpricing your property may mean that you'll have limited options. Instead of making it a guessing game, take a look at the rent in the neighborhood and read through the listings to determine a potential price. This will enable you to find the ideal tenant who knows your apartment is worth what you're charging without pricing yourself out of the market.
Keep It Clean
A lived-in home can be quite time consuming to show well, but it's very important to clean up before potential renters see it. While a spick-and-span space that is clutter free will give viewers the sense that you're a responsible landlord, a disorganized area full of stuff will probably lead them to look elsewhere.
Go With Your Gut
It may be one thing for a potential tenant to have good references and ample income, but it's important to think about more than what a person looks like on paper when choosing a tenant. Instead of going for the sure bet, choose a tenant that you feel you can trust as they might just be the least likely to let you down.
Deal With the Details
There are numerous stories about bad landlords, but it's important to attend to the needs of your tenants so that you can avoid a high turnover rate. While the wrong tenant can be difficult to deal with, the right tenant will be someone that will behave responsibly and will expect the same from you. This means you'll have to fix minor repairs and replace leaking faucets in a timely manner, and you'll be able to expect the same courtesy when it comes to paying on time.
Having a rental property can be a very beneficial investment, but it's important to be a good landlord and set the right rental price so that you can retain good tenants. If you're currently searching for an investment property, you may want to contact one of our local real estate professionals for more information.
To stay up to date with Carmichael Real Estate news log on to www.rigleyrealtygroup.com
Are you a local hero looking to buy or sell a home in Carmichael? CLICK HERE to find out about the Home Benefits for Heroes savings program NOW! Former and active Military, law enforcement, firefighters, health care providers, first responders, and teachers are but a few of the everyday heroes that may be eligible for home buying and home selling discounts through Home Benefits for Heroes
Need help finding that perfect place to call home?
Homes for Sale in Carmichael, CA 95608
Carmichael homes for sale over $500,000
Carmichael homes for sale under $500,000
Carmichael homes for sale under $400,000
Carmichael homes for sale under $300,000
Carmichael homes for sale under $200,000
Carmichael homes for sale under $100,000
Looking for a top Carmichael realtor? Call the Rigley Realty Group today at 916-378-4671 or log on to www.RigleyRealtyGroup.com to start your on-line home search now. Call us today – you’ll be glad you did.
Comments(0)