- Advertisement -
BusinessThe Ultimate Guide for California Landlords.

The Ultimate Guide for California Landlords.

introduction

Whether you’re a brand new or seasoned landlord in California, renting out your property is never as easy as it seems, but there’s a simple formula that helps you successfully rent out your home or apartment quickly without incurring Loans to renovate it and to get good tenants.

In this article, I am going to go through the seven foolproof steps that make for a seamless renting experience in California.

1.Pre-listing prep in California.

Before you list your unit in California, It should be in clean turnkey condition. If a previous tenant left the space dirty, it’s best to hire a professional cleaner. The cost of which should be deducted from the security deposit.

a)   Fix all safety and health hazards

Ensure electrical sockets that don’t work, mold, and pests. Ensure to use professional technicians that are authorized to fix technical issues here in California.

b)   Make sure the space is thoroughly cleaned.

 Ensure that all windows and doors open and close without issues. Fill and paint over holes in the walls and replace unworking light bulbs.

2. Take great photos for your listings.

Most prospective tenants will pass over listings without photos but beautiful high quality listing photos help draw attention to your unit and fill vacancies very fast and you don’t even need an expensive camera.

a)      Ensure a bright light. Turn on all indoor lights, let natural light in but be sure that the sun is not directly behind the windows you’re aiming toward.

c)   Shoot from doorways or corners to give your room increased depth.

d)   If using a smartphone, use apps like Snapseed or other simple photo editing apps to bring out the best in each room.

3. List your home or apartment.

Where you live is very important. Overall, the most popular places to list are as follows Craigslist, Zillow, Cozy, Apartments.com, Doorsteps, Move, and Realtor.com. Know that you don’t need to use every single platform mentioned, but it’s recommended to post on more than one.

If your rental is in a rural area, you may want to utilize traditional methods of listing, such as putting it in the paper and putting up a sign. Another important factor is what’s in your listing. When detailing your unit give an honest description of the space as well as amenities offered, the rent amount, the security deposit, whether any utilities are paid, and whether you have any preconditions such as a minimum credit score.

4. Show the space.

You can take a hands-off approach by securing the property with a lockbox and leaving applications in the unit, which may allow the viewer more flexibility. However, many landlords in California still choose to show the unit personally and give out applications upon request.

5. Sort through qualified applications.

Federal and state laws place strict guidelines on your tenant selection process. All landlords should review US Fair Housing Codes, here

 Fair Housing Codes prohibits discrimination based upon race, religion, national origin, gender, age, familial status, and physical or mental disability, which includes recovering addicts and alcoholics. But anything deemed to be risky such as insufficient income, bad credit, history of evictions, history of property damage, or other potentially faulty business-related conditions is generally okay to factor in the tenant selection process. Be sure to check your local and state laws in case there are additional stipulations that could get you into trouble.

6. Screen selected applicants.

 Even if you think your applicant has a spotless rental record, a tenant background check could present you with unwanted surprises. It’s recommended to run a check every single time before signing a lease.

For a limited background check here in California you may click here  for as low as $18.95.

For a thorough background check it’s recommended to try here  for $35.

7. Sign a lease and collect a deposit.

Your lease is a legally defensible contract and is where you should lay out every lawful ground rule about the property and tenancy. Here are a few things to think about. Do you allow pets in your residence? How long do you want the tenant to be locked into a contract? Six months? One year? Which is common. How much are you charging for a security deposit? Will you allow subletting? How much will you charge as a penalty for late rent? And these are only small parts of an overall lease.

When signing the lease, it’s standard to require tenants to pay the deposit plus first month’s rent with a money order, not a typical check. This is safer for the landlord and you won’t have to worry about a balance check. 

Conclusion

 Now you know how to successfully rent out your home or your apartment mostly to landlords in California. You may know the Essential Advice for Completing Your VA Home Loan Journey here.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe Today

GET EXCLUSIVE FULL ACCESS TO PREMIUM CONTENT

SUPPORT Us

EXPERT ANALYSIS OF AND EMERGING TRENDS IN CHILD WELFARE AND JUVENILE JUSTICE

TOPICAL VIDEO WEBINARS

Get unlimited access to our EXCLUSIVE Content and our archive of subscriber stories.

Exclusive content

- Advertisement -

Latest article

More article

- Advertisement -
Verified by MonsterInsights