Most real estate agents and landlords in California decide to charge a rental application fee when screening tenants. This is a widely accepted practice that can help cover the direct costs associated with screening tenants.
But the seemingly simple act of collecting rental application fees in California can be a big area of risk for you if you don’t do things the right way.
As a landlord, part of the job is dealing with renter turnover. Whether a tenant’s lease is up, issues have risen, or you found someone more suitable to rent from, you need to know how to write a notice to vacate.
In most states, both landlords and tenants can send a notice to vacate informing the other party about a specific move-out date.
When a tenant moves out of your rental unit, they likely won’t leave it looking the same as it did when they moved in. It’s not uncommon for landlords to make minor repairs or send in a cleaning crew after a tenant’s lease expires, and routine maintenance is almost always necessary to keep a unit in good condition.
As a landlord, your main priority is to keep your occupancy rate as high as possible by finding, screening, and retaining tenants. The amount of rent you charge per unit or room plays a vital role in the type of residents you attract and if you will be profitable each month.
Rental inspections should be a routine aspect of any property maintenance schedule to protect you, your tenants, and your property. Keeping an eye on your property and using rental inspection checklists helps you keep track of its condition to avoid surprise expenses and maintain a comfortable rental for your tenants.
As a landlord or property manager, you’ll sometimes need to increase the amount of rent that your tenants are charged. They won’t be happy about facing a rent increase, of course, but by handling these changes professionally and courteously, the experience of notifying a renter does not have to be uncomfortable.
If you’re interested in buying an investment property, you’ll want to be thoroughly prepared and knowledgeable about your decision. Rental homes can be a great way to bring in extra income, but it can also involve some unexpected expenses as well as other issues that can cause you to lose money on the deal.
Deciding to evict someone is hardly easy. The eviction process is costly, and it can feel complicated for landlords who have never had to go through it before. While landlords should try to avoid eviction whenever possible, most will find that they have to start the process at least once while renting out properties.
So you've got one property you'd like to rent out while living somewhere else or traveling continually, or perhaps you have a small handful of properties located in different areas. Under the right circumstances, you can handle all of your landlord duties and managing properties remotely.
Gig work has exploded and because it has there is no way that it should be considered a red flag on a standard rental application. What used to be a set of jobs shared by only a few, gig work has expanded across the country with the growth of food delivery apps such as UberEats, GrubHub, DoorDash and more.
In a perfect world, only qualified applicants would apply for your rental -- but we all know that's not how it works. When it comes to property management, there will be times when you must turn down a potential tenant. Any landlord or property manager should know how to turn down an application with both grace and authority.
Many property managers will go to their legal counsel and have a lawyer create a new application and lease from start to finish. While this option ensures high-accuracy -- it's also expensive. Fortunately, there are many ways to get a free rental application form that you can customize.