What Should You Replace in A Rental Property After Purchasing It?

Are you planning on buying a new rental property in San Diego, Las Vegas or Phoenix? If so, like many owners you most likely are eager to get that property rented quickly right? This is totally understandable but, there are things that should be replaced in your new rental property if you want to ensure that you won’t have any problems with that property in the future.

Replace the Locks

Always replace the locks after buying a new rental property regardless if the former owner claims they were changed recently or not because you just don’t know how many people had access to that property in the past and may have created their own key.

If the locks are in good condition you can save them and use them again in the future changing the locks on the next property that you buy.

Change the Toilets

Another important thing to change after buying a new rental property is the toilets because a leaky toilet can easily cause unseen damage to your rental property and thousands of dollars in repair costs so it’s best to replace them now so that you can have confidence that there won’t be any leaks going forward.


Get Rid of Old Outlets

Regardless of the age of the home, you should always get rid of old outlets because those outlets can potentially pose a fire hazard and it’s better to replace them now before your new tenants move in.

Swap Out Those Old Light Bulbs

Last of all, but most important, if your rental property has light fixtures you shouldn’t think twice about changing those light bulbs. Getting rid of those bulbs will save you the hassle of having to get called from your tenants whenever they need a light bulb changed unless you’ve instructed them to change the light bulbs themselves.

Need Property Management? Contact Us Today

At GoldenWest Management we specialize in full-service property management and can save you the time, money and hassle of managing your properties yourself. To learn more about the services we can offer you contact us today at (866) 545-5303 or click here to connect with us online.

7 Things You Can Do to Keep Great Tenants

Are you looking for property management tips or things you can do to keep your tenants? If so, you’ve come to the right place! In this article, we will share with you 7 things you can do to keep great tenants.

Always Respond Quickly to Complaints

Do you have ѕресіfіс rules about nоіѕе? You should always еnfоrсе them.

If you are аwаrе оf аnу сrіmеѕ tаkіng рlасе оn уоur rеntаl рrореrtу, tаkе асtіоn immediately. Evісt drug dеаlеrѕ; соnѕult your аttоrnеу if уоu nееd hеlр, оr consider hіrіng a рrореrtу management соmраnу that іnсludеѕ еvісtіоnѕ in its ѕеrvісеѕ.

Schedule Maintenance For Times That Are Convenient To Your Tenants

Mіnіmіzе thе іmрасt of rераіrѕ аnd maintenance by ѕсhеdulіng them аt thе tіmеѕ your rеntеrѕ are least likely tо bе around, tурісаllу between 9 аnd 5, Mоndау through Friday.

Lеt уоur tenants know in аdvаnсе whеn rераіr wоrk іѕ being done, аnd whу.

Cоnѕіdеr thе ѕаfеtу аnd ѕесurіtу оf your tеnаntѕ whіlе the wоrk is taking place (fоr еxаmрlе, іf a tеnаnt’ѕ parking spot wіll be unаvаіlаblе during rераіrѕ, рrоvіdе аnоthеr).

Keeping up with maintenance and addressing issues quickly will help you spend less time on repairs when you do have to turn over the unit.

Provide Designated Parking Spots

  • Having a раrkіng spot wіth a ѕhоrt walking dіѕtаnсе tо home іѕ very important for mаnу tеnаntѕ.
  • Assign parking ѕроtѕ аnd еnfоrсе раrkіng rules.
  • Always sеnd warning letters tо tеnаntѕ whо brеаk thе rulеѕ and have thеіr саrѕ tоwеd if they іgnоrе уоur wаrnіng.
  • Mаkе sure you hаvе wеll-mаrkеd and ѕuffісіеnt guеѕt раrkіng.

Follow Through On Repair Requests

It’ѕ ѕіmрlе: do what уоu ѕау you’ll dо. Rесоgnіzе thаt аll tеnаntѕ wаnt thеіr rераіrѕ handled рrоmрtlу, еffісіеntlу, аnd рrеdісtаblу. And remember that many tenants аrе “rеntеrѕ bу choice“.

They prefer tо rеnt rаthеr than оwn раrtlу because they want ѕоmеоnе еlѕе to be rеѕроnѕіblе fоr rераіrѕ.

Notify Your Tenants In Advance About Inconveniences Like Road Closures Etc

Warn tenants аbоut unexpected іnсоnvеnіеnсеѕ thаt wіll be tаkіng place nеаr thеіr hоmе.

If уоu’rе aware оf uрсоmіng road сlоѕurеѕ or a рlаnnеd роwеr оutаgе, соnѕіdеr sending оut a newsletter, еmаіl, оr a quick text mеѕѕаgе іnfоrmіng уоur tеnаntѕ, ѕо they hаvе аn opportunity tо рrераrе оr change their plans.

You саn also kеер tеnаntѕ uрdаtеd uѕіng a Fасеbооk or Twіttеr account.

Make Sure Your Tenants Feel Safe At home

Mаkе ѕurе that аnу outdoor аrеаѕ uѕеd by tеnаntѕ аt nіght (ѕuсh аѕ a раrkіng areas, раthѕ, аnd entries) аrе well-lit.

  1. Kеер foliage trіmmеd, аnd fеnсеѕ lоw.
  2. Stay оn tор of rераіrѕ. Arrаngе for a ѕаfеtу аnd ѕесurіtу ѕurvеу a соuрlе оf times a year.
  3. Lеt уоur tеnаntѕ knоw whеn you’ve made іmрrоvеmеntѕ.
  4. Consider giving your tеnаntѕ ѕоmе ѕаfеtу guіdеlіnеѕ when thеу mоvе in.

Create House Rules And Enforce Them

Good tenants аrе gооd nеіghbоrѕ. In return, thеу want thе ѕаmе соnѕіdеrаtіоn. They wіll fоllоw thе rules you hаvе dеvеlореd fоr your rental рrореrtу, аѕ long as thеу аrе rеаѕоnаblе.

All оf уоur tеnаntѕ ѕhоuld rеаd аnd ѕіgn a сору of your rulеѕ whеn they execute the lеаѕе. Exрlаіn tо уоur tenants thаt thе rulеѕ wіll bе enforced. Consider еvісtіоn fоr ѕеrіоuѕ vіоlаtіоnѕ.

Get Professional Property Management Here

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

When is it okay to charge copay?

By GoldenWest Management

Another common question that most owners and investors have asked us over the years is if it’s okay for them to charge their tenants a copay when it comes to repairs that need to be made at their rental properties.

The answer to this question is that it’s perfectly acceptable to charge your tenant a copay, as long as the repairs that need to be made are not related to health, safety or other habitability issues.

Minor repairs like replacing light bulbs should be the tenant’s responsibility and if the tenant does not want to make those repairs themselves, or they are unable to, they should be made to pay a portion of the cost.

What Repairs Should You Not Charge A Co-Pay For?

Depending on your area, the most common repairs that you should not charge a co-pay for include repairs related to heating, cooling, water heater, stove, oven, or the mainline to your rental property since these types of repairs are all typically expected to be made by the owner.

In California, landlords are expected to make repairs like those mentioned in this article because of the Implied Warranty of Habitability. If a landlord fails to make repairs to their rental that affect habitability, the tenant may be legally able to withhold rent until those repairs are made.

Even though some landlords may not like to make repairs, it’s important for every landlord to remember that all appliances have a “lifespan” and they will eventually wear out so those repairs will come unless a tenant damages those appliances maliciously.

Make Sure Your Lease Is Clear About Repairs

One of the best things that every landlord can do to protect themselves is to make sure that their lease is clear about what repairs the tenant is supposed to make and what repairs the landlord is supposed to make. Repairs made necessary by misuse, negligence, excessive wear and tear, or
destructive activities of Tenant, other occupants, guests, invitees, pets or others, whether authorized or unauthorized. Doing this will clear up any misconception about repairs and save time/money.

Get Property Management Here

For 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.



Hand writing the text: Struggling to Manage And Promote Your Properties?

How long should it take to rent a home?

By GoldenWest Management

Are you planning on renting your home and are wondering how long it will take to rent it out? If so, you’ve come to the right place!

In this article, we will share with you information on how long it’s going to take for you to rent your property out and what you can expect from this process.

cartography, location and navigation concept - close up of map or city plan with pin

Location, Location, Location

Depending on the location of your home, and the demand for rental properties when you’re reading this article, it could take 30 days or longer to rent your home.

Location is obviously important because if your home is located near good schools, restaurants, shops, stores, entertainment options or amenities in your area, it’s going to rent faster than a home which may not be located in a desirable area.

If you’re not sure if your home is located in what can be considered to be a desirable area you should take the time to consider what’s nearby because, even though those things may be average to you, they may be highly desirable to a renter.

  • Is your home near public transportation?
  • In a good school district?
  • Near public parks?

Beautiful New Custom Living Room Interior.


Your home may be in a great location but did you set the correct market rent? If not, you risk having your rental home stand out like an eye sore because it’s going to be overpriced when compared to what other properties may be renting for nearby.

To verify that you have set the correct market rent it’s best to check other rentals nearby to confirm what they are renting for. You can do this by using websites like rent.com or Craigslist.org to get a good idea of the rent a landlord may be asking for a rental property in the area.

A row of colorful new townhouses or condominiums.


What condition is your home in? If it’s not been maintained in some time and has dirty floors or walls that haven’t been painted in years, the condition of your home may keep it on the rental market for longer than you expect.

Instead of renting your home “as is” it’s best to work hard on improving the condition of your property before you list it for rent because this will also help your property to rent fast.


Get Property Management Here

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

Long Term Rentals Vs. Short Term Rental – What Are the Differences?

By GoldenWest Management

SAN DIEGO, CA – During our recent interview with Real Talk San Diego we sat down with the Lands Concierge team to talk about long-term vs. short-term rentals and the differences between both types of opportunities for owners/investors.

In this blog post, we will break down the differences between these two types of rental opportunities and provide you with the information you need to know if you plan on turning one of your homes into a rental property.

Long Term Rentals

At GoldenWest Management, Inc we specialize in long-term rentals and currently manage over 1,000 properties in three different states.

A long-term rental is a property that will typically be rented for up to one year at a time by A Rated tenant that we screen and place for our tenants.

To qualify for a long-term rental, a tenant must go through our qualification process which includes a credit check, background check, and verification of their income.

We recommend long-term rentals to any owner who is interested in renting their property because a long-term rental offers the following benefits including:

  • Stable cash flow.
  • The long-term renter will pay all monthly utility bills for the rental.
  • Your rental property will not have to be furnished because most tenants will bring their furniture with them.

Short Term Rentals

Over the last 4 years, we’ve seen many rentals across the country, especially in the San Diego area, turn into short-term rentals to capitalize on the demand created by companies like Airbnb.

Although short-term rentals can be an excellent source of cash flow, especially during events in San Diego like Comic Con, they do have several requirements that many owners don’t often think about including:

  • The short-term rental must be furnished and have hotel style or concierge amenities which would be attractive to renters.
  • Owners of short-term rentals should be willing to rent their homes for up to 3 months at a time.
  • All valuables should be removed from the short-term rental before the property is rented out.
  • Some HOA’s don’t allow short-term

Many communities are opposing short-term rentals because they feel that the quality of tenant who rents a short-term rental affects home values and the stability of the neighborhood where the rental is located.

It’s best to research the neighborhood where the property is located before investing there to find out if there’s been local opposition or new measures put in place which will prevent short-term rentals there.

Which Option Is Better?

As a homeowner/investor we know that every situation is different, this means that even though a short-term rental may have worked for your friend or business associate in the past, depending on your situation, it may not work for you.

If you’re not sure about the option you should choose for your rental property contact us today for a free consultation at (866) 545-5303 or connect with us through our website.

What are the top 5 Questions you should be asking when choosing a Property Management Company?

By GoldenWest Management

Are you planning on hiring a property manager to professionally manage your San Diego, Phoenix, or Las Vegas rental property? If so, there’s no denying that choosing a property manager can sometimes be an intimating process, especially if you’ve been managing those rental properties yourself, but thankfully you can hire a property management company with confidence if you ask them the following questions.

Question #1 – What Services Do You Offer?

This question is important to ask because you want to know that your property management company offers “full services” including rent collection, tenant screening, customer service, maintenance, and rental property marketing instead of just offering you one service.

Question #2 – How Many Properties Do You Manage?

Their answer to this question is also vital for you when choosing a property management company because if they are managing only a few rentals, this could be a sign that they are a newer company and don’t have the experience to professionally manage your rental property.

If they have too many rentals, this could be a sign that they might not have the staff to efficiently manage your properties and you should use caution before hiring them since you want to have confidence that they will have the staff to professionally manage one or all of your rental properties.

Question #3 – How Will You Determine the Correct Rent Amount for My Property?

Once you have confidence in their ability to manage your rental property you will next want to find out how they will determine the correct rent amount for your property.

Instead of hiring a property manager that suggests the highest rent possible for your rental property, you should choose a company that will do a comparable market of available rentals and properties that are currently on/off the market to determine the correct rent for your rental property.

Question #4 – Are You an Active Investor in The Local Real Estate Market?

Regardless if your rental property is located in San Diego, Las Vegas, or Phoenix, you also want to hire a property management company who has local market experts that are actively investing in the local Real Estate market. This will show you, their knowledge of the local market because they are invested in it themselves, and this means they will also offer you the best advice and service based on their professional experience.

Question #5 – What Are Your Management Fees and Or Pricing Options?

Last of all, but most important, don’t hesitate to ask them about their management fees and pricing options because the last thing you want to do is to choose a property management company that you like only to have the relationship ruined later on due to their excessive or hidden fees.

Get Property Management Here

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

Tips for Selecting Your First Rental Property

By GoldenWest Management

Are you planning on buying your first rental property?

Now is a great time to buy a rental property thanks to low mortgage interest rates and demand for rental properties especially in cities like San Diego, Phoenix, and Las Vegas.

Since more people are investing in rental properties for the first time this article, we will share with you several tips you can use to successfully purchase your first rental property.

Businesswoman signing a contract for real estate investing

Make Sure Your Ready to Invest in Rental Properties

Although your family members, co-workers, and accountant may be advising you to invest in rental properties you have to make sure that you’re really ready to invest in rentals.

Owning Real Estate means that you will be responsible for paying landlord insurance and property taxes and unless you hire a property management company you will be responsible for things like tenant selection/placement, rent collection and more.


Yes, owning rental property is a smart investment thanks to benefits like current income, appreciation, equity and tax right offs but if you’re not ready for the responsibilities which come with being an owner you should be ready to hire a property management company after purchasing a rental or hold off on buying a rental property for a few years.

If you’re ready to invest in rental properties but aren’t sure if you’re sure investing in a property out of state is a smart move, you should stick with investing in a rental in your area because you know what’s happening economically, who’s hiring and the advantages of living there compared to purchasing property that’s out of state.

Sale house and calculator

Determine the Specifics

Before choosing a rental property it’s important to first determine the specifics of what you’re searching for in a rental property including the location that you want to own a rental, because in most cities rental properties that are located close to downtown or close to colleges will rent for more money than rentals in suburban areas.


Investigate the Area Where the Rental Is Located

You should also verify if the area where you plan on buying a rental property has many rentals or not because if a neighborhood is primarily owner occupied this could mean that it might be more difficult to have a rental property there versus owning a home in an area that’s primarily renter occupied.

If you’re not familiar with the neighborhood or area, take the time to drive there to meet with homeowners, landlords (if possible) and people who live in the area to determine what it will be like for renters if you were to purchase a rental property there.

Cash Flow

Get Your Budget Ready

Since prices for Real Estate in many cities have reached all-time highs you should set your budget before you start searching for rentals because in this real estate climate it’s very easy for any buyer or first-time investor to overspend.

It’s also important to save at least 20% or more for a down payment because lender requirements are much more stringent with rental properties and the investment rate on a rental property will be higher so you will have to think about that as well.


Avoid Fixer Upper Properties

Yes, most people are talking about investing in fixer-upper properties these days the reality is that fixer upper properties can be costly (unless you know what you’re doing) so it’s best to avoid them and purchase rental properties that are in as close to the move-in condition as possible.


Create A List of Properties

Once you know the specifics of the property you’re searching for, and you’ve set your budget, you should next create a list of properties that match your criteria because this will help you to simplify your search especially when you use online tools to find suitable rental properties.

Some criteria that you should consider applying to your search for rental properties include:

Bedrooms – The single-family home, condo, or duplex should have at least 3 bedrooms.

Bathrooms – 2 bathrooms are recommended.

Square Feet – Home should have no less than 1200 square feet.

Age – The property shouldn’t be older than 25 years old since renovation or demo may be required to remove potentially hazardous materials like Radon, Asbestos or Lead Paint that may be on the property.

Rent – Search online or speak with a property manager to determine the market rent for the area where you are buying a rental property.

Cap Rate – We recommend looking for rentals that offer a 4% cap rate or better (cap rates and gross multipliers are important).

HOA – Check the HOA rules and regulations for the community where you plan on buying a rental property because some communities are very strict and will even go as far as placing you on a waiting list until you can rent your home.

Garage – In today’s rental market it doesn’t matter if a property has a garage or not.

Renovation – Know how much it’s going to cost to make renovations in the property, especially in the kitchen or bathroom, because you may be able to rent a property for $80 to $90 more per month if it has recently remodeled kitchen or bathroom.


Be Ready for Screening Tenants

Once you’ve purchased your first rental property the real work has only just begun since you have to be ready to screen tenants and this should include reviewing their credit score, work history, criminal history and financial history.


Save Time and Money with Property Management

Buying a rental property in Las Vegas, Phoenix or San Diego?

Each city has major differences in terms of average rents and requirements for owning rental property.

Once you find the right rental property don’t attempt to manage it yourself, save the time, money and hassle of managing rental properties by hiring our experienced and professional property management team.

Contact GoldenWest Management today by calling us at (866) 545-5303 or click here to connect with us online.

How Often Should You Have Your Rental Property Inspected?

By GoldenWest Management

One of the most common questions that most owners want to know these days is how often they should have their rental properties inspected because some property management companies will inspect rentals every six months, while other companies will never inspect the rental while it’s occupied.

The answer to how often you should have your rental inspected ultimately depends on your own personal preferences but we’ve compiled a list of factors for you to consider when thinking about how often you should have your rental inspected.

Does Your Home Have a Basement or Crawlspace?

If your rental property has a basement or crawlspace you may want to have your rental property inspected every 3 years, or each time before your rental is vacant, because this will give you the opportunity to confirm that any wiring or plumbing under your rental property is still in good condition.

Has Your Rental Been Through Extreme Weather?

Do you own a rental property in an area of the United States that’s prone to extreme weather? If so, you may want to have your rental inspected at your next opportunity because, heavy snow or rain can cause damage to a rental property that you may not be aware of.

Just Bought Your Rental Property but Never Inspected It?

Have you recently bought a new rental property but never had it inspected? In this case, it would be a smart move to have your rental thoroughly inspected just to avoid any potential problems that you may not be aware of.

Planning A Major Renovation?

Are you planning a major renovation? If so, you should still have your rental property inspected anyway because this will save you the hassle of finding out about other problems in your rental home after work has started.

Get Your Rental Property Inspected From GoldenWest Management 

At GoldenWest Management we inspect our owner client’s rental properties at the beginning of every lease, every six months in between, and at the end of the lease

Which areas of your rental property do we inspect?

  1. Roof.

  2. Air Conditioner.

  3. Water Heater.

  4. Exterior plumbing (to ensure they are winterized and not leaking)

All these areas of your rental property should be inspected yearly, except the roof, which can be inspected every 3 years.

Get Property Management Here

For professional and affordable property management contact GoldenWest Management today by calling us at (866) 545-5303 or click here to connect with us online.

Effective Tips for Dealing with Tenants Who Have Been Locked Out of Their Rentals

By GoldenWest Management

Ask any owner or landlord and they will tell you that besides chasing down tenants who don’t pay their rents on time one of their lease favorite jobs is to be on call for tenant emergencies, especially when those tenants become locked out of their rental properties.

Thankfully, you can eliminate the problem of dealing with locked out tenants by following these effective tips.

Tip #1 – Make Your Tenants Call and Pay for The Locksmith  

Although it’s perfectly acceptable to call a locksmith one time after your tenant has been locked out, you should have a clause in your lease which states that if your tenant is locked out again they will be faced with having to call and pay for a locksmith themselves.

Tip #2 – Install Deadbolts and Or Door Knobs That Won’t Lock on Their Own

One of the easiest ways to eliminate the problem of your tenants locking themselves out of their rentals is to install door knobs that won’t lock on their own, or deadbolts, that way tenants will not be able to unknowingly lock the doors to their rentals without actually having their keys in their hands.

Tip #3 – Charge Tenants for Going Out to The Rental

Let’s say that instead of calling a locksmith you’re willing to go out to your rental property yourself to let your tenants back in, in this case you should inform your tenant that it’s not going to be cheap for you to come out and they will have to pay you $25 to $50 each time you have to come and let them back into their rental property.

Tip #4 – Purchase A Realtors® Lockbox

Another handy way to handle situations where your tenant is locked out of their rental property is to purchase a Realtor’s® lockbox and place it in a secure location outside of your rental property that way if your tenant locks themselves out of the rental they can call you for the code to the lockbox and have a way back into the rental property.

Tip #5 – Get Property Management

By far the most effective solution for dealing with tenants is to hire a property management company because this takes the task of managing your rental property out of your hands and will make owning rentals easier for you.

To learn more about the property management services we can offer you contact GoldenWest Management today by calling us at 866-545-5303 or click here to connect with us online.



4 Tips for Hiring the Right Contractor for Your Rental Property

By Golden West Management

One of the keys to success with owning a rental property is finding the right contractor. Whether it’s a handyman, plumber, HVAC technician or just a good cleaner, when it comes time to having work done on your rental there’s nothing better than calling someone who you can trust to get the job done right.

Not only will the long term success of your rental benefit from having the right contractors you will save tons of time, headache and money working with people who are knowledgeable, reliable and trustworthy…for this reason we have listed for tips that you can use for finding the right contractor.

Tip #1 – Ensure they are Licensed, Bonded and Insured

Newsflash…you will pay more money for vendors that are licensed, bonded and insured. But I have 100 stories of clients who wished they not used an “under the table” contractor.

A contractor’s license is important because it means that they’ve passed the exam to obtain a professional contracting license in your state; they will also have insurance coverages and safeguards to protect you in case something goes wrong with the work that they’ve done for you.

Don’t fall for excuses for why a contractor can’t show you their license especially if they tell you that their license is “pending” or that they haven’t renewed it in the last year because in these cases the contractor may have had problems in the past that they aren’t willing to tell you.

Some handyman, cleaners and carpet cleaners don’t need to have a trade license…that is fine. Then focus on a business license as well as insurance or bonding certificate.

Tip #2 – Ask For Referrals

This is one of the best ways to locate a quality contractor. Start by asking your fellow investors, business associates, or someone you can trust, for referrals to contractors that they know and use in the local area because. You can find out rates, quality of work and reliability just from a 5 minute conversation or email with peers or colleagues. Many times one of the easiest ways to hire a service professional is by simply tapping into our own personal network of friends and business associates first.

Tip #3 – Look Them Up Online

Once you’ve found a contractor to work at your rental property, another important thing that you should do is research their company online and check for any information regarding revoked licenses or complaints that have been made against their business within the last year.

We don’t recommend solely focusing on reviews. Often time reviews are a mixed bag and must be taken with a grain of salt (well maybe more than just a grain). But professional sites such as the contractor’s board or the state corporate commission are places to find out if there have been decisions rendered against them by a state agency.

Tip #4 – Consider How You Are Billed

If the vendor you are working with asks you to “wire” them money, or pay them in cash only, understand you are taking a huge risk. Especially if you hire regularly from Craigslist where scams are rampant. Out of state Landlords get fleeced the most. Contractors will tell them to pay ½ up front by transferring funds into a vendor bank account (could be anyone’s account) or wiring money. Once the money arrives, the contractor is gone.

If you have to pay someone up front, do so via check and make sure it is made payable to a viable entity. Check fraud is much easier to prove (and have the police go after someone) then wiring or transferring money into someone’s personal bank account.

Quick personal story: I had a vendor from craigslist agree on a price to install granite counters in one of my Arizona properties. He went out to the property, met my local agent, gave me a bid, and even sent me a contract to review and sign.

I did a quick cursory search online and saw that the company name on the contract was a viable company and agreed to move forward. Then came his request for 50% upfront to purchase materials before getting started. Instead of paying by check as I had proposed (“where do you want me to send the check”) he told me that in the interest of getting things started quickly, I should simply transfer the money into his bank account…he gave me the number and everything and I did just that.

Well after that he disappeared. Turns out the company he had put on the contract wasn’t a real company (though it was listed all over the internet and facebook) and his phone number was an untraceable google voice number. The bank told me if I had written a check, then I could get the police involved, but since I placed the money into an account number (that apparently didn’t belong to any “company”) that it was a civil matter and to simply file in small claims court.

Long story short, I filed in small claims court, served the contractor, won a judgment, spent $300 in the process and will probably never collect a dime.

Moral of the story; hire a local property manager who works with trusted vendors every day. Be very weary when hiring new contractors…research them as much as possible to avoid the aforementioned nightmares.

You worked hard to purchase the rental properties you have in your portfolio, why not hire the most qualified contractor or property management professional to manage all aspects of your rental for you?

Get Property Management Here

For professional property management contact Golden West Management today by calling us at (866) 545-5303 or click here to connect with us online.

Get a property management quote by calling us at 866-545-5303