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Why Coachella Valley Property Owners Shouldn’t Rent to Friends

22 Dec

Offering your rental property to friends (or friends of friends) might seem like an excellent way to generate rental income. However, property managers can tell you that renting to friends or family can lead to a bad experience. The best property management company Coachella Valley offers has some suggestions on why it might not be a good idea and if you do decide to rent to a friend. If you’re wondering, “what does a property manager do,” they’re here to help real estate investors avoid costly mistakes! Let’s look at some of the reasons to avoid renting to personal connections and how to find the best tenants for your rental properties. The Risks of Renting to Friends and Family While you might feel like you’re doing a kind thing to allow a family member to move into your rental property, it’s crucial to consider the risks first. For example, you might have heard that you should

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4 Warning Signs of a Bad Tenant for Palm Desert Property Owners

15 Dec

Good tenants can be challenging to find, and property owners must take the time to screen potential candidates. The right approach to reviewing prospective tenants should include checking credit records, criminal history, and eviction notices on file with the court system before agreeing to rent them a property. A bad tenant will exhibit specific signs that can help a property owner spot them before allowing them to move in. The best property management company Palm Desert offers suggests that a tenant screening process should include safeguards to identify these four warning signs of bad tenants to avoid making a costly mistake. What Are Four Warning Signs of a Bad Renter? If you’ve ever wondered, “what does a property manager do,” they can often help real estate investors avoid bad renters! A property management company can assist with the screening process and recognize the following signs that an applicant could be a bad choice for your rental property.

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How Palm Springs Owners Can Spot (and Avoid) a Professional Tenant

09 Dec

When renting out a property, owners need residents who will take care of the place and treat it like their own. Unfortunately, sometimes a tenant will seem like the perfect candidate during the interview process—only to find out a couple of months down the road that they aren’t who they appeared to be before moving in. These renters are often called “professional” tenants. One way to ensure that you don’t end up with these terrible renters is by avoiding them in the first place. The best property management company Palm Springs offers can help landlords find great tenants and turn them into long-term renters while avoiding problem residents. This blog will discuss what a professional tenant is, how to spot them, and outline some tips to avoid them before you rent to them! What Is a Professional Renter? Many property management companies know that a professional renter is someone who signs a lease without ever intending to

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Is There Such a Thing As a ‘Perfect’ Indio Renter?

02 Dec

Do you believe that the perfect renter exists? To many property owners, the perfect renter is a myth or legend that never becomes a reality. However, the best property management company Indio offers says that why you might never find “the” perfect renter, “nearly-perfect” renters are real and can be found with the right approach. How can a real estate investor find excellent residents? Many factors go into finding the perfect renter for your investment properties and building your investment portfolio! Starting with a good tenant screening process is a smart way to go. In this blog post, we talk about how you identify ideal tenants who pay rent on time and take good care of your properties! What Are the Qualities of a Good Tenant? One of the most important aspects of being a rental property owner is knowing what to look for in a good tenant. You’ve put in the work to deliver a quality

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How Much Does a Bad Renter Cost Palm Desert Property Owners?

25 Nov

Property owners know that finding the right tenant for a rental property is a top priority. Putting up with bad tenants, like people who don’t pay rent, trash the house or turn it into their personal pigsty, leads to income loss. You’ll be stuck cleaning up their mess and paying for damages with a small chance of recovering past-due rental payments. How much does it really cost to deal with a bad tenant? What can a property owner do to avoid these tenants before financial damage is done? Keep reading to learn one of the best reasons to hire a Palm Desert property management company. Hint: it’s to benefit from a thorough tenant screening process! What Does a Bad Tenant Cost Palm Desert Property Owners? The words “vacancy” and “eviction” fill the nightmares of many real estate investors. Successful rental properties are filled with responsible tenants who pay their bills. So, what does a bad tenant cost a landlord?

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Should Palm Springs Property Owners Allow Pets? Answers Here!

18 Nov

Should landlords allow pets in their rental properties? While there are both benefits and drawbacks to Palm Springs real estate investors when it comes to allowing pets, many property owners often debate this question. A Palm Springs property management company can advise real estate investors about many things, including whether allowing pets is right for them. Today, let’s look at some of the pros and cons of allowing pets in your rental properties. You Can’t Say “No” to Some Animals Before we get to pets, a property owner needs to understand that there are some animals you can’t say “no” to. It’s not just because of their cute little face, either. When property owners reject service animals, they could face an uphill legal battle and violate the Americans with Disabilities Act (ADA). An investor can avoid allegations of discrimination by learning about service animals and when a renter can request a reasonable accommodation. Work with

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Proper Tenant Screening Tips: Coachella Valley Property Owners

10 Nov

Tenant screening is a crucial step in the process of renting your property. All too often, landlords don’t do a thorough job with this task, which can lead to many problems down the line that cost time and money! However, many successful real estate investors leave their tenant screening in the hands of a Coachella Valley property management company to ensure that tenant screening is done right. In this blog post, we will teach you how to screen potential renters thoroughly so that you can head off potential problems before they damage your bottom line. Use a Screening Service that is FCRA Compliant The Fair Credit Reporting Act (FCRA) is a federal law that encourages fairness, accuracy, and privacy with information utilized by credit reporting agencies for various purposes. Employee background checks are one of the most prevalent operations falling under FCRA. However, tenant screening and proper data handling for renters and prospective tenants also falls under the FCRA.

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Should a Palm Springs Owner DIY the Make-Ready Process?

04 Nov

Moving into a rental property can be overwhelming for both the tenant and the property owner. Tenants need to know what to expect when moving in, while the owner needs to make sure that all of their bases are covered before the renter moves in. A good move-in process really begins before the previous tenant moves out. Then, a property owner must set time aside to perform a standard make-ready process before the rental property is ready for its next resident. There is a lot that goes into a smooth move-in process, so should a property owner take on this project on their own? To help you avoid potential issues, our Palm Springs property management team put together some tips that will guide your move-in process. What’s Involved With the Make-Ready Process? Prepping a home for the next tenant has multiple steps that a property owner shouldn’t skip. A good first impression is important for

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Now, or Later? Choosing the Right Time for a Rental Property Renovation in Cathedral City

28 Oct

Certain renovations can spruce up your rental property to increase the value and attract quality tenants. However, many property owners struggle to determine the ideal time for a renovation and which upgrades will help increase revenue vs. updates that never pay off. If you find yourself in this position, then this blog is perfect for you! Should you renovate now—or later? Here are some tips from the best property management Cathedral City offers to help you make an informed decision about the right time to upgrade a rental property. Different Types of Renovations There are many ways to improve a residential property to attract renters, from simple upgrades (like new light fixtures) to more complex tasks like demolishing walls. Which renovations do residential property management companies think are the most beneficial to rental properties? Smart upgrades boost returns! Property managers recommend targeting areas that address what renters want in a home. Things like a room’s appearance, feel, and

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Can a Standard Make-Ready Process Speed Up Turnarounds for Indio, CA Rentals?

21 Oct

Updated February 3, 2022 Vacancy time in between tenants is inevitable. There will always be some lag time for a landlord or property management company to prepare residential properties for the next tent. However, since there will be no rent collection during this downtime, reducing the turnaround time makes good financial sense. Different properties require specific processes depending on their location and condition. The best property management Indio, California offers recommends a standard make-ready process to shorten vacancy cycles and get back to regular monthly rent collection. So how can real estate investors reduce turnarounds times? Here’s what you need to know! What Does a Turnaround Process for an Indio, CA Property Include? The rental-ready process for residential properties will differ in some cases depending on the length of time the previous tenant was in the rental property or the types of wear and tear that happened during the lease term. However, most successful property owners

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Property Management Blog

Why Coachella Valley Property Owners Shouldn’t Rent to Friends

4 Warning Signs of a Bad Tenant for Palm Desert Property Owners

How Palm Springs Owners Can Spot (and Avoid) a Professional Tenant

Is There Such a Thing As a ‘Perfect’ Indio Renter?

How Much Does a Bad Renter Cost Palm Desert Property Owners?

Should Palm Springs Property Owners Allow Pets? Answers Here!

Proper Tenant Screening Tips: Coachella Valley Property Owners

Should a Palm Springs Owner DIY the Make-Ready Process?

Now, or Later? Choosing the Right Time for a Rental Property Renovation in Cathedral City

Can a Standard Make-Ready Process Speed Up Turnarounds for Indio, CA Rentals?

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