Ring: The Newest Trending Security Item
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Halloween: A Great Way to Create Community
Besides Christmas and Thanksgiving, Halloween is one of the most festive holidays in America. According to CNN, approximately 171 million Americans will celebrate Halloween this year. One thing that separates Halloween from all of the other major holidays in American is that it is a holiday where people are less likely to travel out of town. That makes Halloween a great opportunity for landlords to host an event that will create community and connection between the people in their housing developments. So what are some great ways that you as a landlord can create a sense of community if your property developments while also promoting safety? As property managers in Redding who have over 20 years of experience managing rental properties all over Shasta County, we would love to offer you some tips and suggestions.
1. DECORATION CONTEST – this is more geared towards apartment complexes, but one way to get people involved in the holiday and to create a sense of community is to have a decorating contest. Have your tenants decorate their porches, front door, or back balconies. A great way to get people involved in this is to offer some kind of prize to the tenant who decorates the best. An awesome prize would be a gift card!
2. HOST A POTLUCK COSTUME PARTY – another great way to build relationships with and create community between your tenants is to host a Halloween party where everyone dresses up and brings some sort of snack or drinks to share. Hosting a Halloween party is a creative and lighthearted way to create connection between people. Some ways that you can make your Halloween party appealing and entertaining are to have a costume contest, a dance floor with some awesome music, and some interactive games.
3. KEEP KIDS SAFE – as a landlord or property manager, you can throw some Halloween festivities while also laying out some regulations that will keep everyone safe, especially kids. Make sure that your rental properties have proper lighting if you are planning on giving out candy to children. Be cautious of using actual candles in pumpkins. Use lights and candles that are safe for children and will not potentially create a fire hazard. Another great idea is to set up signs outside of your apartment or housing complexes to let kids know that you are open to trick or treaters. Another great children you can do to keep kids safe is give them glow stick bracelets and necklaces that they can wear so that people are aware of them. And lastly, another great way to keep everyone safe during this holiday is to increase your security.
If you are a landlord and would like more information on how you can create a sense of community in your housing developments, or if you would like to hire a property manager to create and build community in your rental properties, feel free to give us a call at Authority Property Management. We are property managers in Redding and Shasta County and would love to help you in any way we can! Give us a call at (530) 410-6085.
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Take Advantage of Your Tax Deductions as a Landlord
Every year we are required to file taxes, and every year, too many landlords pay more taxes than they have to on their rental property income, all because they simply do not take advantage of the tax deductions that are available to them as landlords. As a landlord, if you are looking to make a profit off your rental properties rather than lose money, it is vitally important that you take advantage of the tax deductions that are available to you every year when you file your taxes. As property managers in Redding who have over twenty years of experience managing properties all over Shasta County, we would like to help you make more money by making you aware of what tax deductions you qualify for every year as a rental property owner. (more…)
The Benefits of Living in a Rental Home or a Rental Apartment
Are you currently trying to find a rental home or an apartment to move into? Are you wondering what the benefits of each living space are and which living space would be more beneficial for you? Renting a Home versus an Apartment are very different and mean different responsibilities for you as a tenant. If this is you, we would love to help you discover whether a rental home or a rental apartment would be a better move for you. As property managers in Redding who have over twenty years of experience managing properties in Redding and Shasta County, we would like to help make you aware of what we believe are the benefits of living in a rental home versus a rental apartment.
There is no doubt that a rental home has more space than a rental apartment. Depending on how many furniture pieces, articles of clothing, or kitchen dishes and cookware you have, that will be a big factor in determining whether a rental home or apartment would be more beneficial for you. Rental homes often have more room for storage, garage space, attic space, and bigger kitchen storage.
Another benefit of living in a rental home versus a rental apartment is privacy. In a rental apartment, you will most likely be in close proximity to surrounding neighbors, and there is no guarantee that they will be quiet neighbors. Living in a rental home provides space and privacy from neighbors and noise.
Depending on how decorative you are, this will also help you to determine if you would rather live in a rental home or a rental apartment. Rental apartments often have strict regulations when it comes to decorating and customizing your unit. You most likely will not be allowed to paint the walls, hang items on the walls with nails, or change kitchen appliances. This can often make your apartment feel more like a temporary living space rather than a home. However, in a rental home, your landlord may give permission for certain customizations when asked and allow more freedom when it comes to decorating and make the house feel more like your home. If you are trying to find somewhere to live for several years that will feel like home, a rental home might be a better option for you.
A huge part of renting a home or apartment is determining what your budget is when it comes to paying rent and utilities. The cost of living in a home or apartment can be a huge factor in determining what decision you want to make for yourself. Some houses can be pricey when it comes to rent rates, but some apartments can be just as pricey. You would be surprised at some of the nice houses that you can rent that cost the same or less than a rental apartment. Do your research and take your time searching for the right place that meets all of your housing needs and is within your budget.
If you are a tenant and would like more information to help you discover what move might be best for you, or if you are a landlord and would like someone to help you manage your rental property, we would love to help you! We do property management in Redding and Shasta County and would love to serve you in any way we can. Feel free to give us a call at (530) 410-6085.
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The Need For Yearly Inspections
When it comes to owning and managing a rental property, it is vital that you as a landlord do walk-through inspections of your rental property. It may not seem like that big of a deal at the moment, but when you think about it in the grand scheme of things, it is.
Think about your own house. If you don’t keep things clean, stay on top of regular maintenance, or take care of damages and repairs, your home will eventually start losing equity and value. This will ultimately lead to a loss of profit for you when you try to resell your house in the future. In the same way, not doing yearly inspections on your rental property can ultimately lead to a decrease in the equity and value of the property. As a landlord doing yearly inspections allows you to keep up on any owner maintenance that needs to be done to keep the property in top condition, increasing your opportunity for top rental rates and more profit. As property managers in Redding who have over twenty years of experiencing managing properties all over Redding and Shasta County, we would love to help you by giving you a list of things to look for during walk-through inspections of your property. (more…)
Common Reasons Why Landlords make deductions from Deposits
When you move into a rental house or apartment, your landlord will most likely ask you for a deposit before you move in. The deposit amount is usually two to three hundred above the amount of a monthly rent payment. The reason why landlords ask for a deposit up front is so that they can have a safety net and some money to fall back on if any damages are done to the property or the property is not cleaned properly when tenants move out. If you are moving into a rental and want to ensure that you get your deposit back at the end of your tenancy, you can set yourself up well by gaining information on and being mindful of what could cause a landlord to make deductions from your deposit. First and foremost always fill out your move-in check-in list and take pictures. Your move in check in list is your foundation for your move out and a record of the condition of the property at the time of your move in. As property managers in Redding, we would like to provide you with some of the most common reasons why landlords end up withholding deposits from tenants.
7 Successful Habits of a Property Manager
Are you new to the property management business? Have you been in the property management’s business for several years, but would like more knowledge and insight into how you can become a better property manager? As property managers in Redding who have more than 20 years of experience, we not only understand what it is like to be new to the property management industry, but we have also learned how to grow and develop and become better property managers with each passing year. We would like to offer you 7 successful habits that we feel great property managers have!
Communication – Clear and consistent communication is key to happy tenants and happy owners. Great property managers communicate in clear and consistent ways with tenants and owners in such a way that both the tenants and the owners feel safe and secure.
Experience – The more you manage properties, the more experience you will gain as a property manager and will be able to apply that experience to the properties you will manage in the future. Having hands-on experience will increase your credibility as a property manager as well as your customer base.
References – When landlords are looking into hiring you to manage their properties, they will want to see that people have had great experiences having you as a property manager. With how often people check reviews before they purchase these days, offering testimonials and references to potential clients can increase their chances of hiring you.
Technology – Great property managers use technology to their advantage! Embracing technology and using it to your advantage can help you organize the properties that you are managing, promote yourself as a property manager, communicate your values as a company, build relationships with your audience, and gain a greater customer base.
Tenant screening – As a property manager, landlords are trusting you with the responsibility of finding great tenants that will not damage their properties. Because of this, it is vital that you screen potential tenants so that the odds of filling the rental home or apartment with tenants who will not end up paying the rent on time or will end up damaging the property are lessened.
Interaction with tenants – The way that you interact with your tenants and maintain your relationships with them can make or break you as a property manager. It is important to have open, respectful, and timely communication with your tenants. It is also important that you take care of repair and maintenance issues in a timely fashion.
Consistency – Consistency is the key to being a great property manager. This means being consistent in your communication and in staying on top of the tasks that you are managing for landlords. Landlords want a property manager who is available and consistent in their communication and services. Consistency builds trust and landlords want a property manager that they can trust.
If you would like more information on how you can become a better property manager, feel free to give us a call at Authority Property Management! If you are a landlord who does not want to deal with the potential stress that can come with taking care of critical tasks for your property or maintaining relationships with your tenants, you can hire a property manager to take those critical tasks and tenant relationships out of your hands. A property manager will handle the communication between you and your tenants as well as bring resolution to any conflicts that come up between you and your tenants. Authority Property Management would love to serve you! Feel free to give us a call at 530-410-6085.
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How to Prepare Your Property for Rent in Redding CA
If you have rental property in Redding, CA a burgeoning city and the seat of Mt Shasta in Shasta County you stand a great chance of making a good rental income. With a population of nearly 90,000, the City of Redding is located on the Sacramento River and is a virtual magnet for families, young adults and retirees. However, you will need to know how to prepare your rental property for rent in Redding CA. (more…)
7 Effective Tips To Get Your Tenants To Pay Rent On Time
Real Estate can be a very profitable business. However, it requires some sort of professional management or property manager to be able to manage the cash flow well and enjoy the profit that follows. It can also be a real hassle, after all, you are dealing with humans — and us as humans can tend to be very difficult. As such, when it comes to paying rent, not all your tenants will want to pay on time. Some will like to intentionally default on their payments while others may forget or be unable to pay due to one factor or another. There are still others who prefer to receive a light reminder from time-to-time before they will pay their rents. (more…)