Robert Machado's (jsafonov) Blog

I am experiencing a high level of HOA infractions from many of the properties I manage.  It appears the loss in monthly premiums due to foreclosures has spawned a wave of enforcement activity to replenish the lost revenues.  Long term tenants with excellent rental history are now finding themselv...

This hidden community is seeing rental values improve after a bit of a decline in 2009.   Nestled up against the American river, near California State University Sacramento--this quiet community has an abundance of properties for savvy renters to occupy.  Considering the rents include not only th...

The rentals within my portfolio in Natomas Park, Westlake and the surrounding communities are retaining excellent rental value and placing well qualified tenants timely.  Good tenants willing to pay good rents are out there.  Some in our applicant pool continue to be those who have lost propertie...

Condos and single family residences areperforming well for the first month plus of 2010.  One, two and three bed condos around the Galleria are selling for values that pencil out very nicely for investors.  Use a good agent to identify a good property then call me to it up in 30 days or less.    ...

The topic of rental pricing is discussed continuously--in every imaginable way.  New and existing clients have an agenda as well as as the real estate professionals who sell and lease their client's property.  The goal for us as property managers is to identify the specific agenda and stick to re...

Single family homes, duplexes and condos in Carmichael are finding quality tenants in the month of January.  Rents are slightly improving as inventories have dipped a bit.  Three bed room homes of standard quality are attaining rents between $1300 and $1500.00 consistently.  2 bed condos and dupl...

My rentals in Natomas, South Port, Sacramento and Roseville are all finding qualified tenants....I'm able to do this by pricing the rentals properly.  In Natomas I am able to rent out three, four and five bedroom homes with slightly increased rents.  South Port West Sacramento and some areas in S...

Debts debts debts!  What to do if you are a spend happy legislature in the Golden State of California?  You mandate State taxes be witheld for out of state property owners.  Starting January 01, 2010 the State of California is requiring all property managers to withhold .07% of the rental income ...

I am always looking for new ways to market my properties.  I just picked up a new account that is owned by an someone who is active military.  He provided me with a free website for active military world wide.  Check out www.ahrn.com.  The site is easy to use and permits the upload of nice digita...

New legislation was passed permitting tenants to pay their water, sewer and garbage bills when the owner fails to make payments.  Once an owner defaults on the utilities the rental property receives a legal posting that the services will be terminated and/or the property will have a lien recorded...