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Renting a new apartment or house can be exciting! When you have set your eyes on a new living space, you begin to imagine the possibilities of what you can do creatively to make that space your own. However, when it comes to renting an apartment or house, there are some important things that you should do and should consider before signing a rental lease. As property managers in Redding and Shasta County who have over 20 years of experience managing properties, we would like to offer you some advice on some things that you should do before you sign a lease on a rental property.
- Take your time –While renting a property can be exciting, make sure you take your time and don’t rush your decision. Take time to really ask yourself what you are wanting and needing in a living space and make sure that the rental you are looking into has all of those things. Some people are initially attracted to a rental property and so they rush their decision and sign a rental lease, only to realize later that the property doesn’t actually have everything they wanted or needed in a living space.
- Length of the Lease – Before signing a Rental Lease agreement, make sure you understand the length of the lease you are agreeing too. There is Month to Month, 6 month and 1-year leases. It is important to understand your length of commitment and what are the consequences if your situation changes and you need to be released from your lease early.
- Read the lease carefully – A lease agreement can be several pages long, which can cause renters to want to skim through it. However, because a lease is a legal document, it is vital that you take the time to really read and understand the terms of the contract between you and your landlord or Property Manager. Make sure you read and understand all the fine print before signing the lease, and if you don’t understand something, be sure to ask questions. It is important that you have a full understanding of the lease before you sign it.
- Get everything in writing – If you notice that there are some repairs that need to be made as you check out the rental property and the landlord says he or she will take care of it when you move in, request to have that in writing. Unfortunately, some landlords say they will do things and then they do not follow through on what they have said and then the tenants do not have any proof that they said they would do it. When it comes to landlord-tenant relationships and maintenance repairs, it is best to get everything in writing.
- Check into your landlord – Before you sign a lease, make sure you have some reliable information on the person you will be renting from. It would be a good idea to do a little bit of research on your landlord and also to contact some references and former tenants to hear about their experience. Because your relationship with your landlord will be along the same lines as a business relationship, make sure that he or she is a reliable and trustworthy person or rental property company.
If you have any questions or would like more information on how you can best prepare for renting and moving into your first home or apartment as well as how you can maintain a great relationship with your landlord, feel free to call us at 530-410-6085! We do property management in Redding and Shasta County and would love to help you in any way we can!
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Great Opportunities to Thank Your Tenants
As a landlord, it is important that you maintain great communication and relationships with your tenants so that you not only keep them as tenants but also so that you keep a good reputation as a landlord. One way that you can build great relationships with your tenants and maintain a great reputation as a landlord is by taking little opportunities to thank your tenants. Taking the time to say a simple “thank you” can leave a greater impact on your tenants than you may realize. Here are a few opportunities that we suggest are great opportunities for you to thank your tenants!
- When they pay their rent – When your tenants pay their rent, especially on time, it is a great opportunity to thank them! Your tenants are essentially your customers, so in the same way that you would thank a customer for buying your products or services, it is great to make it a point to thank your tenants for paying their rent.
- When they refer friends – If you own more than one rental home and apartment and your current tenants recommend your properties to their friends, thank them for it! By spreading the word about you and your properties to their friends, your tenants are doing word-of-mouth marketing for you and are essentially helping to increase your business as a landlord.
- When they make suggestions – Because your tenants are the ones living in your rental home or apartment and are the ones experiencing your services, they may have suggestions. If they do, it is good to listen and take notes of their suggestions because it could potentially help you grow as a landlord and create a better experience for future tenants. Taking in your tenants’ suggestions can help you greatly in the long run!
- When they report maintenance – The condition of your property will either increase or decrease your chances of finding great tenants and having a thriving business as a landlord. So when your tenants report maintenance that needs to be done, they are ultimately helping you to succeed as a landlord. Therefore, when your tenants report maintenance that needs to be done, it is a great opportunity to thank them!
If you would like more information on how you can build great relationships between you and your tenants, it would be great to get some advice from a property manager! A property manager oversees and manages the critical tasks of rental properties such as finding tenants, taking and managing security deposits, making sure rent payments are made on time, keeping the property in top-notch shape, and managing communication between landlords and tenants. If you feel that it would be a good investment for you to hire a property management company to take care of these tasks for you, Authority Property Management does property management in Redding and would love to help you!
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Things Rental landlords should look at before getting a tenant.
When it comes to finding a rental home or apartment, most tenants are more concerned with simply making sure they find a place to live than they are with meeting the common requirements that come with renting. In most cases, these people are single, young adults who are looking for a quality place to live that is affordable for them. Those who are between the ages of twenty and thirty are living in some of the most fluctuating years of their lives as they discover who they are and what they really want to do with their lives. According to the Bureau of Labor Statistics, young adults commonly go through six or more jobs between the ages of 18 and 26. As a landlord, job fluctuations and lifestyle changes with your tenants can have an impact on you and your finances. It is important that you have set requirements that tenants must meet in order to move into your rental homes or apartments so that you do not get stuck in an unfortunate situation.
Here are six things that you as a landlord should look for prior to allowing tenants to move into your rental:
Verifiable Employment – It is important that you find out what the job statuses are of potential tenants. Do they have currently have jobs? If so, are they seasonal jobs or will they have those jobs during the duration that they are renting from you? If they do not have jobs, are they working towards finding one? How are they planning to pay rent?
Credit Check – The way that your tenants manage their finances is important because that affects you as a landlord. Requesting a copy of their credit report so that you can see whether or not they make their payments on time can help you secure tenants who will do well with paying their rent on time.
Security Deposit – Requiring a security deposit from each tenant is important because it can be used towards damages, unpaid rent or late fees. The last thing you want is to end up covering damages or rent payments with money out of your own pocket.
Rental Reference – Contacting prior landlords to find out what your potential tenant’s previous rental history was like can be extremely helpful in determining if they will be good tenants for your rental.
Background Check – This one is pretty self-explanatory. Running a background check on potential tenants can improve your chances of having a great experience as a landlord.
Lease – A lease is a rental agreement that sets out all of the legal rules that you and your tenants must follow. A lease can be a means of communicating your terms and requirements in a straightforward manner to your tenants. Included in a lease is the amount and due date of rent payments as well as the names of all of the tenants living in the house. You can also use a lease to establish deposits and to prohibit certain things like pets.
Now, maybe you are sitting there reading this and are realizing that it would be incredibly beneficial for you to implement these requirements into your quest for great tenants, but you do not have the time or the energy to do all of these things. This is where it would be an incredible investment for you to hire a property manager! A property manager will take these critical tasks out of your hands so that you do not have to deal with the stress that often comes with it. So what is a good property management company to connect with who has tons of experience and a great reputation?
Authority Property Management is a company that offers property management in Redding for those who rent out homes and apartments. We have over 20 combined years of experience in property management. We previously owned and operated the largest property management company in all of Shasta County. In 2014, we handled over a thousand rental units. We would often oversee up to 50-tenant move-ins and move-outs every month. We are focused on providing high-quality customer service to all of our clients. If you are looking to find a property manager in Redding that you can trust, don’t hesitate to call Authority Property Management! 530-410-6085
No property management? Here are some tips to get your unit rented.
Thank you for stopping by and checking out our blog. Real Estate is our passion and we love helping others with their investment properties. We thought we might lay out 5 tips to help you get you rental property rented out faster, even if you don’t have property management.
1. Super Clean – We find that rental properties rent much faster if they are clean. Make sure to focus on the kitchen and baths as this is often the place where it shows up the most. Some other things to make sure are ready to go are the windows. Usually, every room has one and windows are overlooked often.
2. Remove Personal Items – We have rented out tons of rentals in Redding and Anderson where the property owner has left personal items behind. This always leaves the tenant with a bad taste in their mouth. Best to remove them all. The tenant is not interested in being responsible for items left behind in the rental home or apartment.
3. Repairs = Done! As a landlord or a property management company, you want to have all the repairs done before showing if you can. Sometimes you must show a unit while it awaits repairs, but best if this can be avoided. When you view a rental and there are repairs to be made, you may wonder if and when they will be made. If the house or apartment is ready to go the prospective tenant viewing the property knows what to expect.
4. Natural light – Anytime you are showing a property to a prospective tenant you should have the blinds open and some of the lights on. I always like to have the kitchen lights and the bathroom lights. This can help the person looking to have a stronger positive feeling about the home or apartment.
5. Be positive & sell the property. – Tell the person viewing the place about the best features of the property or neighborhood. Is the home or apartment near walking trails or shopping, if so mention it. Does the property have any special features? Pool, spa, extra storage or RV parking. Yes, well make sure you share that information as well. Renters want to feel connected and have options.
Renting houses in Redding, Anderson and Cottonwood can be fun and rewarding. Follow these few simple tips and you should have more success. Would you like to learn more about what will property management look like? If so, please reach out to us and we will be glad to share the details with you.
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Hello there. My name is Aaron Robertson, and I’m Real Estate broker in Redding California. I’ve been in the property management business for over ten years now. In those ten years of being a property manager, I have been asked no less than 200 times, what can I do to get my property rented out as quick as possible? For landlord’s and property investors, one of the most important things to control is vacancy rate. Vacancy rate over the long-term can make or break the profit margin on a piece of property. This is why this question is on many people’s minds. One of the most important things a landlord or property owner can do to get their property rented out quickly is to focus on the curb appeal.
Curb appeal and what is it?
Curb appeal, in a nutshell, is how visually appealing the property or unit is if you are standing at the curb facing the property. Many things can affect Curb appeal so let’s take some time to go over them. First I want to mention that when I’m evaluating a property for its Curb appeal, I will often start at the top and work down from there.
The Roof. I will look to see if the roof seems to be in good repair. Does it have any debris that must be removed? You will be surprised what you see when you begin to look. Before moving on from the roof, I will look for satellite dishes. I’m not sure why but when a tenant switches satellite companies the old dish is not reused. Often you can find two or even three dishes or mounts on the roof if it’s an older property. This can also be the case if the home or apartment has had many different tenants.
Windows, doors, and paint. Now my eyes are fixed on the building itself. Does it have a crisp and clean appearance? Even older homes can pass the test if, the paint is good conditions and it’s clean it will look sharp. Many property owners will overlook color choices of paint when painting a home that will be a rental. Best to go with now natural colors. Colors that match in and or blend in with the neighborhood. Homes that have super strange colors are passed over by some folks, and they end up taking longer to rent. No matter what color the home is it’s best to keep it clean. Take some time to remove any of the following: bird nests, spiders, wasps, and droppings of any kind.
Sidewalks, driveway, trees and shrubs and lawns. Sidewalks should be clean and free of debris. If there is adjacent grass it’s best to edge it. Driveways need to have all stains removed. This can be done with several methods (Read more here). In any case, the driveway is a huge billboard. If it is stained up badly, you can bet so is the carpet inside. One other note, If the driveway has a ton of crack make sure there are no weeds growing from them. Now on the lawns and shrubs. In my opinion, property owners should add some nitrogen to the yard and the shrubs every other year. Nitrogen is a very inexpensive way to keep lawns and shrubs green. Deep green. I’m sure you have at some point in time looked at a patch of lawn and thought, could that get any greener?
Curb Appeal can make a huge difference in the time it takes to fill a rental property.
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