Renting a house or apartment can become an effective way to supplement your monthly income with minimal effort. Once you find the right tenants, the rest is easy. You just have to make sure that they pay the rent on time and keep your property in good condition. In theory, renting a slice of Californian real estate is a child’s play. Nonetheless, people who have already rented their houses or apartments at least once know that landlordship isn’t all roses. As a landlord, you may have to face different kinds of problems that could put a tremendous pressure on your shoulders. The good news is that lessors can now count on a great variety of tools and services designed to make their lives a whole lot easier. For instance, Apartment Hunterz lets landlords market their properties in a time and cost-effective manner. By counting on this service, they have higher odds of filling their vacancies and meeting the ideal tenant in only a few days. Moreover, the California’s favorite apartment finding service also has a management center designed especially for landlords, which one can use to create and edit listings, call the landlord hotline, get free credit reports, rental forms and applications and connect with potential clients online, with just a few clicks. Through this portal, landlords can schedule meetings with tenants who meet their criteria and simplify their screening process.
If you want to give landlordship a try, start by identifying the most common problems that you could be dealing with while renting your Californian property:
Payment Problems. This is by far one of the most pressing issues that will inevitably bother you at some point. The ugly truth is that there are many tenants who usually send late payments (or don’t send them at all!). The first thing that you should do to avoid this problem is to put late fees in the rental agreement. When it comes to dealing with tenants who can’t pay or refuse to pay rent, starting the eviction process as soon as possible is vital. You can begin the formalities once your tenants have missed a payment. Keep in mind that delays are not in your favor, especially since the eviction process can take up months.
Damages. Worried that your new tenants could turn your apartment upside down and leave you with a pile of unpaid bills? If you’re concerned about potential damages, you should know that the rental agreement offers you a certain level of protection against this risk factor. In some cases, the security deposit paid by your tenants may not cover all damages that have impacted the looks and functionality of your rental. In this situation, you could always decide to drag your tenants to court. However, you should always remember that prevention is better than cure. When possible, go for reliable tenants who have solid references from their previous landlords. Screen all potential candidates carefully and once you find the right tenants, ask them to fill out and sign a property condition form. This way, they will take note of pre-existing damages and you will attain peace of mind, knowing that your agreement is based on transparency.
Complaints. You can avoid some of the most common types of complains coming from your tenants (especially the ones revolving around high noise levels and parking) by creating a set of rules and making sure that all the people who are renting your property are following them.
Lease Violations. There are quite a few types of lease violations that you may be forced to cope with as a landlord. For instance, your tenants could keep pets in your house or apartment although you’ve made it clear that you wish to stick to your no pets policy. Moreover, your tenants could try to accommodate more people on your property without asking for your permission. These unpleasant situations can be prevented by elaborating a contract that lists all your rules and guidelines. When dealing with such an issue, you should immediately send your tenants a written notification that describes the nature of the lease violation. Also, you should do everything in your power to follow the protocol listed in the rental agreement; this would help you obtain a favorable verdict if you were to file a lawsuit against your tenants.
Demanding Tenants. Let’s face it: not all tenants have realistic expectations. Some people are always bothered by something: their neighbor’s dog, noise or property management issues. How can you avoid dealing with people who are always displeased with you and your property? First of all, you should be able to separate justified complaints from the ones that do not have a solid fundament. For example, a tenant has all the reasons in the world to complain about a broken pipe that has turned your bathroom into a pool. As soon as your tenants signal a problem and request repairs you should pay them a visit and inspect the property. Note that you could avoid contact with troublesome individuals by simply screening your tenants meticulously.
Vacancies. Dealing with vacancies for a long period of time can be scary. This is precisely why you should use all the tools and services available out there to promote your Californian rental in the most effective manner. Explore both online and offline channels to attract tenants. Start by listing your property with Apartment Hunterz and benefit from the highest level of exposure. A partnership with California’s largest apartment finding service can help you reach a large audience (this platform gathers no less than 20,000 unique visitors on a daily basis), market your house or apartment the easy way, get in touch with potential tenants online, handle less paperwork and close a great deal in a matter of a few days. Give this premium service a try and see how it can actually turn landlordship into a wonderful experience.