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.

Advanced Tenant Screening – Tips You Should Follow

By GoldenWest Management

SAN DIEGO, CA. – Are you searching for advanced tenant screening techniques? If so, you’ve come to the right place.

In this article, we will share with you several tenant screening techniques that you can start using today to find higher quality tenants to live in your rental properties.

Young couple moving in new place

Make Sure Your Tenant Meets Your Application Requirements

After getting the rental application back from your tenants you should check their application to make sure that their application meets all of your requirements including the following:

Photo ID – Their application must have a current photo ID.

Credit – The prospective tenant must have a credit score with seasoned trade lines (3 or more) and more than 2 years history per reported item.

Verification of Income – This should include pay stubs which show that the potential tenant makes 2.5 x Rent.

Bank statements – Should show that the application has at least six months of reserves.

Rental Verification – Must be a written statement from previous landlord or ideally a professional property management company.

Legal – They must have no evictions.

Background check – You must check their background for a criminal record via HUD guidelines.

New apartment building in suburban area

Did They Complete the Application?

After doing all of the above you should next check your tenant’s application to make sure that they filled it out completely and signed the application.

This step is important because a prospective tenant who fails to fill out their rental application may be hiding something and this could lead to you evicting them due to the information they left out on their application.

Young man with glasses working on his notebook, with a fresh cup of coffee nice and early in the morning, getting the business out of the way nice and early in the day

Contact Two of The Prospective Tenants Previous Landlords –RENTAL VERIFICATION

Instead of calling their current landlord, you should contact at least two of your tenant’s previous landlords.

A tenant’s current landlord may give them a “glowing” review (especially if they are eager to get rid of them) while their former landlord may offer you the real truth about who the prospective tenant really is.

Street of residential houses

Verify, Verify, Verify

Last of all, but most important, always verify all references that a tenant gives you.

From their personal references to income sources, it’s possible for someone to create fake references and you will only know if they are legitimate or not until you actually call to confirm and verify them.

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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.

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.

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.

Phoenix Property Management Tips

Phoenix Property Management Tips

By GoldenWest Management

PHOENIX, AZ. – Are you searching for Phoenix Property Management tips because you’re thinking about renting your property but are concerned that they the tenants might not be able to pay the rent each month? If so, the easiest way to solve this problem and have confidence that your renters will be able to pay their rent on time without any issues is to focus on their income, credit worthiness and rental history.

Learn More about a Tenants Source of Income

During the process of reviewing applications from Phoenix Renters, you should be considering how much income they bring home every month. At GoldenWest Management we believe in two and a half times (2.5 x) the rent, not three times the rent, as is common with other property management companies when they are reviewing a prospective tenant’s application.

What If Their Credit Is Not Verifiable?

If a prospective tenant’s income is not verifiable, but they do have sufficient credit, our property management team will consider them to be qualified if they have six times the rent (6 x rent) in bank reserves

Rental History

Rental history is important as well, but only if the review is from a licensed management company and not a friend or relative. We also accept rental history from realtors as well, but we with most property management companies we prefer to receive a potential tenant’s rental history from property managers.

Background Checks Will Save You Time and Money

Sadly, many owners make the mistake of renting to Phoenix Renters who don’t have the right credit score or income because they failed to take the time to do background checks on an applicant before renting to them.

Thanks to the Internet you can easily do background checks on Phoenix Renters online and know if a tenant is qualified in 24 hours or less so it literally pays to get tenants screening done before deciding to rent to a tenant.

What Makes GoldenWest Different Than Other Property Management Companies?

At GoldenWest we literally go the “extra mile” to ensure that the most qualified tenants are chosen for our owner client’s rental properties,

When considering a potential renter our managers must follow this process:

  1. Review rental history.
  2. Confirm that all information on the application is filled out.
  3. Verify job history, credit, income requirements, and proof of income (2.5x rent required) must be met/verified.
  4. Our managers must also confirm if there is a disclosure of criminal or eviction history and verify with reports.

After an application is thoroughly reviewed and the prospective renter is found to be a “borderline” applicant, our manager must ask the applicant for 1.5x or 1.25x deposit, require a guarantor or co-signor, and finally notify the owner about the Sub-A rated tenant.

After our manager has completed this process, the application process is still not done because our administrators step in to do the following:

  • Review the application.
  • Confirm if there are multiple applicants
  • Verify if the price listed on the top of the application reflects the price listed on our website.
  • And more!

Get Phoenix Property Management Here

Owning and managing Phoenix Rental Properties yourself can be very time-consuming but you can save the time, money and hassle of managing those rental properties yourself when you hire our Phoenix Property Management company.

Learn more about the property management services we can offer you by calling us at (602) 765-4750 or click here to connect with us online.