The Sacramento area is beginning to experience some rent decreases according to www.AXIOMetrics.com . The survey they do covers apartments and ranks Sacramento in the top 27 for rent decreases in the nation (Sacramento ranked 24). Houses are holding up pretty well but landlords with a vacancy sho
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01/26/2009
I have noted recently that the inventory of upper end rentals in Sacramento, Natomas, Elk Grove, Folsom, Roseville, (the Greater Sacramento Region) is seeing fewer rental homes on the market. I think what is happening is that owners no longer want to hold those properties for long term appreciati
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01/17/2009
The new action phrase besides, "Depression" is "Going Green". Are you doing anything? At HomePointe Property Management we have been doing the following: 1. We have a paperless reporting system for our clients. All managment contracts, leases, and monthly statements including paid invoices are
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01/10/2009
I did the math. The property rents for $2200.00 per month. The tenant had good credit and a good job. If I did not take the pet now, I would have to wait for another applicant to see the property and get approved. I figured that might take 2 more weeks at a minimum and maybe up to 30 days or
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01/08/2009
I did the math. The property rents for $2200.00 per month. The tenant had good credit and a good job. If I did not take the pet now, I would have to wait for another applicant to see the property and get approved. I figured that might take 2 more weeks at a minimum and maybe up to 30 days or
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01/08/2009
A big problem with novices of real estate investments is to not plan for tough times. An investor should make sure the price being paid is supported by the current rent. If all bills cannot be covered including the mortgage you are creating a recipe for disaster. If rents drop a bit due to a
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01/07/2009
I have heard that some property managers are checking Facebook.com as a part of their tenant screening process. I am a recent member of Facebook, mostly to see how it will help with marketing and for fun. I do not see how it can help much with tenant screening other than to see who the friends
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01/04/2009
2009 looks to be a busy month for rental property owners and property managers. We have seen increased activity since Christmas and expect to have a banner month in January. January is typically a busy month which tends to make up for the slack in activity between Thanksgiving and New Years Day.
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01/04/2009