Happy Thanksgiving From GoldenWest Management!

Happy Thanksgiving from your friends at GoldenWest Management! We hope you have a wonderful day and are able to enjoy spending it with your friends, family members and loved ones.

About Thanksgiving

Thanksgiving Day is a national holiday celebrated in Canada, the United States, some of the Caribbean islands, and Liberia. It began as a day of giving thanks for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germanyand Japan. Thanksgiving is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States, and around the same part of the year in other places. Although Thanksgiving has historical roots in religious and cultural traditions, it has long been celebrated as a secular holiday as well. – Wikipedia

Get Property Management Here

Are you thinking about hiring a property manager for your rental properties? Contact GoldenWest Management today by calling us at (866) 545-5303 or click here to connect with us online. 

How to Verify a Tenants Financial Stability

By GoldenWest Management

Finding great tenants is one thing, but how do you verify that those tenants are actually financially stable?

In this article, we will provide you with a list of documents you can request for verifying a potential tenant’s financial stability.

Request Copies Of Their Pay Stubs

All employer pay stubs will have a tenant’s pay begin and end date so you can easily figure out their income on a weekly, monthly, and annual basis.

After requesting copies of their pay stubs, you should also contact the employer personally and issue an employment verification request to confirm that the person who wants to rent your property actually still works there and continues to earn the income shown on their paycheck stubs.

New apartment building in suburban area

Ask for W2’s

Asking a prospective tenant to provide copies of their W2’s is especially helpful because it will show you how much income they have declared in the last year.

W2’s are also especially handy for verifying income if someone is self-employed.

Request Bank Statements

Besides asking for a prospective tenant’s paystubs, and W2’s, you should also be asking for their bank statements as well. They should be able to provide you with statements from at least the last two to three months.

File Form 4506 With the Internal Revenue Service

Another great way to verify a tenant’s financial stability is to file form 4506 with the IRS. This form will give you the ability to see a copy of a potential tenant’s tax returns if they are not able to provide you with a copy of their return themselves.

Young adults moving in new home

Run A Credit Check

Besides following all of the tips offered in this blog post, the last thing that you should do is run a credit check. This will give you the ability to learn a tenant’s credit score, amount of debt that they may have, and give you a good idea if they’ve been able to fulfill their financial obligations.

Get Property Management Here

Tired of managing your rental properties yourself? Contact GoldenWest Management today by calling us at (866) 545-5303 or click here to connect with us through our website.

Happy Veterans Day From GoldenWest Management!

SAN DIEGO, CA. – Veterans Day 2017 is here and once again the GoldenWest Management team wants to say thank you to all Veterans who have served our country.

On this special day we encourage everyone to stop and remember the sacrifice that all Veterans have made to keep our country free and safe for all of these years.

soldiers-military-attention-salute-40546

Veterans Day History 

An Act (52 Stat. 351; 5 U. S. Code, Sec. 87a) approved May 13, 1938, made the 11th of November in each year a legal holiday—a day to be dedicated to the cause of world peace and to be thereafter celebrated and known as “Armistice Day.” Armistice Day was primarily a day set aside to honor veterans of World War I, but in 1954, after World War II had required the greatest mobilization of soldiers, sailors, Marines and airmen in the Nation’s history; after American forces had fought aggression in Korea, the 83rd Congress, at the urging of the veterans service organizations, amended the Act of 1938 by striking out the word “Armistice” and inserting in its place the word “Veterans.” With the approval of this legislation (Public Law 380) on June 1, 1954, November 11th became a day to honor American veterans of all wars.

Later that same year, on October 8th, President Dwight D. Eisenhower issued the first “Veterans Day Proclamation” which stated: “In order to insure proper and widespread observance of this anniversary, all veterans, all veterans’ organizations, and the entire citizenry will wish to join hands in the common purpose. Toward this end, I am designating the Administrator of Veterans’ Affairs as Chairman of a Veterans Day National Committee, which shall include such other persons as the Chairman may select, and which will coordinate at the national level necessary planning for the observance. I am also requesting the heads of all departments and agencies of the Executive branch of the Government to assist the National Committee in every way possible.”

Click here to learn more about Veterans Day

Get Property Management Here

For professional property management in San Diego, Phoenix, or Las Vegas, contact GoldenWest Management today by calling us at (866) 545-5303 or click here to connect with us online.

Property Management Tips for Getting Your Rental Property Ready for Fall

By GoldenWest Management

Fall is here and although we still have temperatures in the 80’s and 90’s (especially in San Diego), it’s not uncommon for the weather to cool down fast, and for the leaves to start falling, seemingly overnight.

If you’re starting to think about for fall, especially cooler weather, this article will provide you with property management tips you can use to get your rental property ready for the coming month.

Tip #1 – Inspect the Roof of Your Rental Property

One of the first things you should do to get your rental ready for the fall and cooler weather is to inspect the roof because, it’s not uncommon for tree limbs, leaves, and other debris to have fallen on your roof during the year and you can avoid potential long term damage to your roof by removing that debris.

Tip #2 – Review Your Gutters

While you’re up on your roof, take the time to inspect the gutters on your rental property because they also can become clogged with leaves, dirt, and debris during the year. The easy way to clean them is to use a hose to wash out your gutters, or a hand shovel to scoop out any debris that remains in the gutters.

Tip #3 – Check Seals Around All Doors and Windows

During the year it’s not uncommon for the seal to wear away from doors and windows of a home. This often results in mold growth around doors and windows (if left unchecked) and also higher energy use. To avoid this happening to you, take the time to update the seals around doors and window now to ensure that they are functioning normally.

Tip #4 –  Verify That Fire and Carbon Monoxide Alarms Are Working

If it’s been a while since you’ve had the carbon monoxide alarm alarms inspected at your rental property, now would be a good time to have those checked just to ensure that they are functioning normally and have working batteries.

Tip #5 – Have the HVAC System Checked

Last of all, but most important, one of the final things that you should do before the weather changes is to have the HVAC system at your rental property checked because you want to make sure that it’s functioning 100% and will be ready to heat your rental just in time for cold weather.

Save Time and Money by Hiring GoldenWest Management

For professional property management, contact GoldenWest Management today by calling us at (866) 545-5303 or CLICK HERE to connect with us online.