Robert Machado's (jsafonov) Blog

Several of my owner clients are finding excellent rentals in Natomas late in this Summer season.  3, 4 and 5 bedroom homes are priced very well and pencil out nicely with even better rents being attained.  The most recent is a 5 bedroom 3 bath that originally sold for over $300/sf, now sold for a...

Here is another reminder that you must aggressively price the lower end properties you manage.  The demand for the lower end units continues to diminish--even worse, your vacants in the lower end neighborhoods are a beacon for crime and opportunists.  Vandalism is the least of your worries...the ...

In our hectic lives as Property Managers we may be inclined to forget important lessons...this is the case in life as well.  Recently I relearned a lesson taught to me the first day I got into this industry:  do not schedule work until the client has paid for the job.  We as agents have the task ...

The greater Roseville area continues to be a highly desirable location for prospective tenants.  High end properties are performing very well in these communities but all levels of property value are doing well.  A large portion of renters continues to be those who have recent distressed sales or...

Rentals of all size are performing well in the greater Natomas area--larger homes are out doing the 1 and 2 bed condos but good tenants can still be found.  Make sure the properties are rent ready and the property is priced properly to ensure you get the value the rental deserves.  Rents have imp...

Here is another reminder to always continue to market your vacants until you physically take the security deposit.  I had a very nice property that was priced properly--it generated plenty of response from the masses.  I quickly had several excellent applications come in.  Homepointe time/date st...

   www.msn.com has an article today June 27 touting our Nation's top 10 cities to purchase rental property.  Though Sacramento and the surrounding communities did not make the top 10 nationwide, we who live and work here know it is a hot market.  The article can be found by cutting and pasting th...

Raising rents is a luxury landlords have in the current rental market.  The important things to note are when to raise the rent and how much to raise it.  Landlords must understand the tenant may quickly opt out and submit a 30 day notice to vacate if they do not want to pay the increase (or cann...

      As is the case with summer months, the rental market is heating up.  This summer's hot rental market is propelled by the increase in potential tenants and the over all lack of inventory.  Traditional tenants now find themselves competing for rentals against a growing population of previous ...

All rentals in Antelope are finding excellent responses as soon as they hit the market.  I am placing well qualified families in 3, 4 and 5 bedroom homes quickly--less than 3 weeks.  Condos are also performing well when priced properly.  My advice is to clean them up, make sure they are rent read...