Prospective owners we talk to want to know what will get top dollar for a rental property. That’s an important question, and if you want to earn as much as you can, your property has to be rent ready. This is different than what you would do to get the property ready for the sales market. With a rental, someone will be moving in and living there. A renter needs to have an idea of what living there will feel like.
Give the Property Fresh Paint
A fresh coat of paint looks clean and nice, and the color should be neutral. It’s hard for tenants to picture themselves living there if taste-specific colors are on the walls. So, neutrals like soft whites go a long way. If one room is purple and another one is orange, prospective tenants will have to visualize their children and their guests in those rooms. It can be hard to determine whether their own furniture and décor will match. Neutrals are always better.
Eliminate Personal Clutter from the Home
Take away any personal items. You don’t want to have mail on the counter or a ton of pictures on the walls and picture frames all over the surfaces. Remove personal items in the bathroom, and make sure that beds are made. When someone is coming through the property or you’re doing showings, less is more. Many times, owners will stay in the property until a tenant moves in. Edit out what you can, because it’s hard for people to picture how they will live there if all of your stuff is there.
Pay Attention to Kitchens and Bathrooms
Kitchens and bathrooms are the biggest items that prospective tenants look at, especially when you have people who love to cook. You want good appliances and rooms that are clean, updated, nice, and in neutral colors. Cabinetry and cupboards should look good. This doesn’t mean you have to do a whole kitchen remodel. But, if the varnish on the cabinets is off and they don’t look clean, you’ll want to paint or replace them. The $200 you’ll spend to paint cabinets will make a huge difference.
We also have vendors who do wonderful things with linseed oil. Your cabinets will look brand new. You can also update hardware and replace faucets. A new microwave, fresh paint in the bathroom, and a new toilet seat cover are all inexpensive updates that tenants will notice.
Manageable Yards and Landscaping
You might think you’ll be able to charge more rent because you have a huge yard and some lovely fruit trees. This might be great if someone is buying your house, but renters are not interested in taking care of fruit trees. Your large yard will only mean higher costs for you because you may need to hire a gardener. These things need to be maintained during a tenancy. So, something that you might see as a plus – a big yard – might be narrowing your tenant pool to large families only.
Market for the Season
In the summer, when it’s 100 degrees, having a pool is a plus. It can generate more money. Tenants find it’s a lot more fun to rent a house with a pool than it is to own a house with a pool. It’s attractive to renters because they don’t have to worry about the maintenance. In the winters, we’ll shift to promoting your fireplaces and your garages.
Another good way to make your home attractive to potential renters is by advertising your energy efficient appliances. If you have solar, that’s great too. Like you, renters don’t want to pay huge electric bills.
This is a good reason to have a property manager. We know what people are looking for, and we know how to market your property according to the season.
Properties Must Sparkle and Shine
Finally, cleanliness is the most important thing to consider when you’re getting your house ready for the rental market. Think of it as a hotel room. When you walk into a hotel room, you notice if it’s clean. You don’t want to feel like you’re staying in a place that someone else just stayed in. It should be airy, open, and neutral. It has to sparkle and shine.
We offer complimentary tours of your property that can help you prepare it for the rental market. If you have any questions, please don’t hesitate to schedule a tour or contact us at Sacramento Delta Property Management.
At some point, you may realize that one or both of your parents cannot stay in their property. We get a lot of calls from people who need help, and at Sacramento Delta, we have been personally involved in our own parents’ decisions to downsize. Maybe your parent is moving into a nursing home or moving in with one of their children. It’s better to make these decisions when your parents feel involved and supported.
Renting Out a Parent’s Home
Maybe you and your siblings cannot decide what to do with your parent’s home. It’s overwhelming enough to come up with a plan to take care of a person – your parent. They might feel like moving out of the home is very final. That can be scary, and saying goodbye to a house is hard. When you choose to hold onto the property and rent it out, the situation can seem more hopeful for your parent. We have dealt with this in the past, and it gives parents and their adult children more peace of mind.
Professional Property Management for Your Parent’s Home
Sometimes, the adult children live in New York or across the country, and they are already stressed because they know it will be hard to take care of their parent. Moving mom or dad out of a place they have lived in for 40 or 50 years is difficult. You’ll need someone who can effectively manage the property, and keep it in good shape. A good property manager can even generate some income that can help pay for your parent’s care. Sometimes, you’ll need to use the rental income to pay for assisted living and nursing home care.
Put Off Difficult Decisions
There are many benefits to renting the property out, and one of the major benefits is that it puts off some big decisions. You don’t want to squabble with family members or leave your parents feeling like they don’t have a say. Renting the house out allows you to revisit decisions later and focus on caring for your mom or your dad.
This is something we want you to think about because we are emotionally connected to this topic, and we understand your desperation and your concerns.
If you have any questions about what to do or how to move forward, please contact us at Sacramento Delta Property Management. We know what it’s like to be overwhelmed, and we can help you start this conversation.
When investors are making decisions, they will ask about rental value. They need to know how much rent their property will earn. There’s a benefit to having a professional property manager look at your property. That’s far more reliable than just running the numbers.
Start by Checking Rental Websites
Agents at Sacramento Delta specialize in specific neighborhoods and territories. So, right off the bat, we know the local market. Then, we look at websites to get an idea of what properties are renting for. We have a lot of information on our database too, because we manage over 2,000 properties. That’s a lot of resources to help us provide a rental value.
Visiting a Property to Assess Value
Sacramento Delta offers complimentary appointments, where our agents go out and look at your property. This is something you should take advantage of as a property owner. Those websites don’t tell the whole story, and being in the field helps us to more accurately price your property. A three bedroom, two bathroom house in the same neighborhood won’t always have the same rental value. One may be a 1950s home and one might be a brand new home. It’s hard to compare one to the other. The property’s condition has a huge impact on the rental price, and so do amenities like pools and fireplaces and new paint.
All these factors play a role. Having an agent specific to that territory working on your rental comp will ensure you get an organized, accurate, and detailed estimate. Often, our agents live in the neighborhoods they serve. So when something pops up, we know what’s trending. We can easily see the competition.
It’s really important to make that complimentary appointment so we can give you a good rental analysis. We want the full picture, and it benefits your bottom line.
Take advantage of our expertise!
If you have any questions or you’d like to schedule a complimentary analysis, please contact us at Sacramento Delta Property Management.
Today, we’re sharing a few of the reasons that Sacramento Delta Property Management is the right company to manage your rental home. We are rated Number One in the residential single-family property management category by the Sacramento Business Journal, and here’s why:
We have been in business since 1983, and some of our first customers are still with us today.
Property Management Sacramento: Leasing
One of the most important services we provided is placing a qualified resident in your property. Our website connects to hundreds of online rental marketing companies. We are one of the strictest property management companies around today, providing firm qualifying standards and guidelines for potential renters.
We guarantee our placements with an eviction protection program. Our team is sure to place qualified residents who can pay rent on time and take good care of your property.
Property Management Companies near Me: Sacramento Offices
We have seen it all, and we are well-staffed to handle any situation. We have two offices in specific Sacramento neighborhoods and the contiguous counties. Each of our property managers has an office-based assistant, so there is always someone to take your call, even when your property manager is out marketing properties, doing showings, or meeting with inspectors and conducting property surveys.
Property Management Sacramento: Communication and Education
Communication is our top priority. We are available by phone, text, and email. Property owners change management companies most often because of poor communication. We are aware of that, and we make it easy to reach us.
Another reason to choose us is our continuing education. Ted White, our owner and broker, focuses on making his staff the most knowledgeable in the area and the industry. There are many property management companies statewide. But, we are one of only 20 companies in California that hold the designation of Certified Residential Management Company by the National Association of Residential Property Managers (NARPM). We have successfully completed a rigorous audit of policies, procedures, and business methodology.
We continue to be involved in the new laws and legislation affecting you each year. We maintain positions on the local Sacramento board of NARPM.
- How to Get Your Sacramento House Ready to Rent
- Benefits of Renting Out Your Elderly Parents’ Home When They Move
- How Much Can I Rent my Sacramento House for? Professional Management Advice
- Why Choose Sacramento Delta to Manage Your Rental Property
- Someone To Count On
- Sacramento Delta