Though some prospective tenants are taking advantage of the declining home values and low interest rates to purchase their own property, plenty more are submitting applications for rental communities in Natomas, Antelope and Roseville. In two days at the end of April I managed to rent out six single family homes and 2 condos in these communities. Our current inventory of occupied property continues to turn over as the warm summer months near and leases open up. Our www.homepointe.comwebsite allows for us to calculate how many daily internet hits each property we market receives--the majority of properties receive 50+ inquiries a day. As always--distinguish your property by pricing it properly.
James Safonov
As usual when the weather heats up so does the rental activity. I have had a marked increase in new account meetings and tenants looking to move. Roseville and the surrounding communities along the I80 corridor are all experiencing elevated activity as well. Ideally the increase in the tenant pool will help to stabilize rents as they have suffered over the winter and early spring months.
James Safonov
As usual when the weather heats up so does the rental activity. I have had a marked increase in new account meetings and tenants looking to move. Natomas Park and the surrounding communities along the I80 corridor to Roseville are all experiencing elevated activity as well. Ideally the increase in the tenant pool will help to stabilize rents as they have suffered over the winter and early spring months.
James Safonov
It is crucial to take advantage of every advertisement opportunity available. I often have owner clients ask meif they can run ads for their vacant properties--they ask if it will confuse the prospective tenant or interfere in any way my efforts to market their home. The answer is yes please market the home too--with one important caveat: the advertisement they place MUST be identical to my ad regarding rent, terms, contact information, etc. I instruct them on the content of the ad so the prospective tenant can contact me directly via our website www.homepointe.com, 24 hour rental line at #916-429-1302 and/or my direct office line at #916-781-7075 x650. Of course the rent amount and preferred terms must mirror my ad as well. My thoughts are that you can never advertise to much. With free websites like Craigs List the more often you post your ad the closer to the top the ad runs. Much like when searching for rentals in Sacramento you will find Homepointe's website at the top of the search engines--you want to make it as easy and brainless as possible to expose your property and attract a tenant.
James Safonov
I continue to be contacted by property owners and tenants for properties I do not manage in regard to the 2009 HOA rule banning tenants from accessing the Club House common areas. Though owners and tenants alike are up in arms about the decision I have yet to hear of an organized response to address the issue. In speaking with owner occupied residents within Natomas Park the common complaint appears to be usage of the fitness equipment. Apparently the belief is that tenants utilize the gym more than the owners. This seems to be a weak argument to discriminate against tenant occupants. I firmly believe tenants ought to enjoy the same access and usage as the owners. Without tenants paying rent in these properties the investor client would not be able to pay their mortgage, property tax and HOA dues. Take away the collective HOA income generated by the rentals and the owner occupied residents would not be able to afford the HOA cost to have the facilities in the first place. My suggestion is a small fee for rental properties in the community--too large a fee and you risk discouraging investors altogether. Though I know we are taxed to death, a small annual fee may compel the HOA to reverse their decision.
James Safonov
 |
|
|
Property Management Rentals and Maintenance in Sacramento, Yolo, Placer, and El Dorado Counties from offices located in Sacramento, Roseville, and Orangevale, CA We manage residential and commercial.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
