Creating a solid lease agreement is crucial for landlords to establish clear terms, responsibilities, and expectations for both parties. A well-structured lease agreement helps prevent misunderstandings and conflicts between landlords and tenants, protects the rights and interests of both parties, outlines rent payment schedules, specifies maintenance and repair responsibilities, and establishes rules regarding property use,…

California landlords should regularly maintain their rental properties for multiple reasons. It keeps the properties attractive to prospective and long-term tenants; it prevents small issues from becoming serious and costly in the long run; and it helps landlords abide by relevant safety and health codes.  To be a successful landlord, it’s important to familiarize yourself…

Don’t underestimate the power and effect of a comprehensive marketing and advertising solution. When done properly, it can reduce the vacancy time of your rental property and attract quality tenants giving you a good return on ROI. It increases awareness in the current tenant pool and increases the chance of you landing a tenant.  From…

As a landlord, you must keep focusing on acquiring long-term tenants to earn a consistent rental income over a long period. You also benefit from a property with fewer damages and better relations with your renters. Initially, you might find it a challenge to attract loyal tenants in a busy market but adapting the recommendations…

Coming up with the right rental price for your Chico rental home is crucial. If you set it too low, you can lose an income opportunity but if you set it too high, you may not attract enough potential tenants. You need to justify the fee you’re charging. Is your rental located in a great…

Once you have successfully attracted prospective renters, it’s time to do the next vital step in managing your Chico rental property, which is screening these potential tenants. Finding great tenants leads to long-term residency that results in steady rental income. You need to have a ready list of standards and make sure that the occupants…

Did you know that renovations can significantly impact the ROI on your rental property? Investing in the right renovations can make your rental property attractive for the tenants. As a result, tenant turnover minimizes, and you can earn good money on your rental property.  The noteworthy thing here is that not all renovations have the…

Being a landlord can be incredibly rewarding. If you do everything properly, you’ll have set yourself up to earn a recurring income for many years to come.  Admittedly, being a landlord isn’t always an easy walk in the park. Responding to maintenance requests at all hours can prove daunting. Having to evict a difficult tenant…

Landlords, real estate brokers, lenders, housing providers, and home sellers have a duty to treat their clients fairly and equally to avoid housing discrimination, therefore it’s important they know the Fair Housing Laws. The Fair Housing Act was enacted by Congress to prevent housing discrimination based on certain protected classes.  While housing discrimination can still…

Chico is one of the most desirable places to live in California. While housing costs in this city are among the highest in the country, homebuyers and real estate investors can still find properties for sale at affordable prices. The median home value in Chico is $458,228, which is similar to the national average. Chico…