by Erika Luitjens | Apr 28, 2015 | Money management, Property Management, Remote Control Landlord, RMC Chapter 6
California law limits you to asking a maximum of two months’ rent if the apartment is unfurnished. If the apartment is furnished, however, you can request up to three months’ rent. While there are certain security deposit rules that govern the state of California as a...
by Erika Luitjens | Apr 2, 2015 | Property Management, Remote Control Landlord, RMC Chapter 5
Sellers of real property must disclose known defects and deficiencies in the property—including earthquake weaknesses and hazards—to prospective buyers in accordance with Civil Code, Section 1102. The California Seismic Safety Commission has developed the following 2...
by Erika Luitjens | Apr 2, 2015 | Property Management, Remote Control Landlord, RMC Chapter 5
A good time to inspect an individual rental unit is the sooner of once a year or whenever a tenant moves out, whichever comes first. This inspection should include checking: smoke detectors and carbon monoxide detectors – ensure there are fresh, new batteries in...
by Erika Luitjens | Apr 2, 2015 | Acquiring Tenants, Marketing, Property Management, Remote Control Landlord, RMC Chapter 4
Due diligence on prospective tenants is a good investment of your time. Go beyond the credit report and the usual references. Make sure that your property manager performs a thorough background check on all prospective tenants. More important than talking to the...
by Erika Luitjens | Apr 2, 2015 | Acquiring Tenants, Property Management, Remote Control Landlord, RMC Chapter 4
The best way to advertise your available property is dependent upon what the people in the area in which you own property generally refer to when looking for housing. Your landlord/property manager should consider all available advertising options when considering how...
by Erika Luitjens | Apr 2, 2015 | Acquiring Tenants, Property Management, Remote Control Landlord, RMC Chapter 3
As a landlord, there are steps you can take to make your property less vulnerable to wear and tear. You don’t need to worry about making it unpleasant or unlivable…just evaluate the appointments and decor of your property on a cost/value basis. Think...