8 Signs you should invest in Property Management

by Gerry Goodman on

Professional Property Management in Orange County CA

In general, professional property management in Orange County CA is there to take the weight off the Landlord’s hands when it comes to the mundane and frequent tasks you have to undertake before, during and after tenancy. They are often a huge asset to your investment, as they maintain the property, minimize excess costs and potential damages in order to nurture, and grow, your investment property. They can provide a complete management service that helps to grow your costs and save you heaps of time. The following 8 points are just a handful of reasons as to why working with a property manager is essentially more beneficial than going it alone.

1. Marketing your property

Expertise and a complete understanding of the market will speed up the process of finding your tenants incrementally. Orange County rental property management should know off the bat who your target markets are, where to find them and how to market your property in a way that will attract as many of those target tenants as possible.

2. Qualifying tenants

Screening tenants is a skill in itself, and an Orange County property manager should be able to collect all necessary documents that assure they will pay the rent, and qualify as responsible and reliable. This may include references and copy of bank statements.

3. Tenant Communication

There is nothing better than having a great and reliable tenant. Not only will they look after your property to a higher standard but they will more than likely want to renew their tenancy at the end of the contract. However, to keep tenants happy, being a point of communication and available to talk regarding any concerns about the property takes time. Whether this involves taking calls in the middle of the night, or during the weekend, a property manager can take this off your hands and maintain that strong relationship.

4. Knowledge of Landlord-Tenant Law

In the radical event that you have to file late payment notices or go through the eviction process, your professional property management in Orange County CA should have a highly comprehensive understanding of Landlord-Tenant Law. This is probably one of the most common and essential reasons to go with a property management company. Their understanding is even supportive with smaller queries and issues, like who is liable for the repair of certain issues within the property.

5. Handling routine maintenance work

Routine maintenance work is standard for any rental property. Regulating, resolving and minimizing costs are the biggest necessity for most landlords during this time. Usually trying to schedule a time that is best for tenants and communication can also take a lot of time, so having the best property management companies in Orange County CA takeover will give you peace of mind.

6. Emergency repair work

Repairing a random, but emergency damage within the property can be an absolute nightmare. Not only do you want to resolve it quickly, but you need to find someone that won’t break your bank whilst fixing the repair work. A rental property manager in Orange County CA will utilize their list of contacts to find you a cheap and reliable service contact.

7. Completing inspections on a routine basis

Taking the time to complete a regular inspection of the property is a task, not every Landlord has the time to do. Professional property management in Orange County CA makes it a priority to constantly be aware of how the inside of the property is being maintained by performing frequent inspections.

8. Keeping records

For legal and referral purposes, making and keeping a copy of every important record is essential. Many landlords like to rely on an Orange County rental property manager for this as the paperwork can accumulate.

In return for providing an excellent service, a property manager usually requires a small percentage of the rent. The reason so many Landlords agree to do this is because with a reputable, and experienced property manager, the money you save and the time you gain, from not handling tenant queries and minimizing costs on repairs, maintenance work and potential legal fees usually pay for your property manager with a lot more leftover profit. It does not just save you the hassle, but it helps to grow your investment property whilst you reap the rewards. The emphasis to focus on is the experience and credentials of the property manager themselves to ensure you make a lucrative decision.

Goodman Management Team have over 25 years in the real estate business and are reputable for their property management services. They have strong, hands-on approach in order to alleviate and keep the costs of repairs to a minimum. The team is comprised of qualified real estate agents with backgrounds in the most beneficial handyman type skills such as engineers, plumbing, and electricians. As professional property management in Orange County CA, there are many benefits to having Goodman Management Team nurture and grow your property, letting it continue to appreciate in price over time.

Quality Property Management Services

by Gerry Goodman on

How to deal with property managers?

Having a good property manager that takes care of every single worry you may have during a tenancy is going to not only give you peace of mind, but boost your profits immensely. There are a number of things that can often go wrong during a tenant’s stay in your property;   problems can occur way before the tenant even moves in. This can range from something minor like a light fixture needing to be replaced to something long, complex and challenging like eviction procedures. Investing in solid quality property management services can actually save you a lot of money on unforeseen costs you had no idea even existed.

Quality Property Management Services

A great Orange County property management company will use their qualified expertise and experience to notice all the blind spots you as the owner is not aware of. This way, you can enter into a lucrative agreement with your tenant with minimal to no risk.

> Property Walkthrough

One of the most important things to notice when searching online for “property management near me” is the availability of walkthroughs with the property management company beforehand. Make sure to assess the process to help you assess the quality of property management. The following list examines what is required from a successful walkthrough of the property.

> Document everything

High quality property management services involve documenting absolutely everything. This does not just extend to inventory but marks on the walls, anything that is broken and issues to the external structure of the property.

> Contingency plans are everything

Having a backup plan is essential. Walkthroughs could uncover big issues to a rental property that might make you think twice about whether, or not, to invest. You may have already bought the property, and find quite a few issues that will setback tenancy as the property does not meet legislature required by the state. A quality property management company will be able to give you options in response to either situation.

> Keep the place clean

Making sure that the property is always maintained and kept in great condition is the role of property management experts. To help identify everything within the property, as well as on an aesthetic level, the property needs to be very clean. Property Management Services need to be on top of this, so you can conduct everything involved in an easy manner. It is also a key so that you are able to pinpoint any potential issues within the property as easily as possible.

> All issues reported

Being on top of all issues from tenants, ensuring they are reported and resolving them in a timely manner is instrumental in a good Orange County property management company. You do not want to be made aware of a leak six months down the line and then have not only handle the fixture of the leak itself, but also pay thousands to fix a now prevalent mold issue.

Whether or not you have a certified property manager, one that provides all the points above will determine how valuable they will be in managing your property throughout an entire tenancy. Additionally, for a quality property management service, you should not be required to pay a rate that will break the bank! Affordable property management is available across Orange County and they should be incredibly valuable. A good property management service is supposed to help your lucrative investment grow, not eat away at any profit you make.

Poor Property Management Practices

Bad property managers will charge more than 10% and be unresponsive. Unresponsiveness extends to many aspects of the property management service. Some of them are:

> Not inspecting the property thoroughly

Doing a once through without properly inspecting every corner of the property is a telltale sign of bad property management services. As mentioned above, a lot of detail and care needs to go into the walkthrough alone, therefore a property inspection should be even more thorough. Any potential issues need to be identified and resolved immediately as a result of a property inspection.

> Lack of Communication with Tenants & Landlord

Having great tenants is every Landlord’s dream. The property management company should be around to help bring great, reliable tenants to your property but more importantly, they need to be the first point of contact for your tenants. If there are any issues, the tenants should always have property management experts on hand to help resolve problems quickly, efficiently and cost effectively. Lack of communication can be detrimental to the successful running of a rental property, and having the inability to resolve tenant issues and communicate this with the Landlord is completely unacceptable.

> Lack of Availability

To meet for a property walkthrough, organize an inspection with builders or have availability to screen potential new tenants and take them on a flat viewing, a quality property management company should be ready to commit to the appointments at any given time. Of course, it is not expected that they will just drop everything and run to the beckoned call of the Landlord, but if they are noticeably unavailable, change to another company. A required skill from any property management company you sign up with is flexibility and if they lack in this, and you do not feel valued as a client, it is likely they are not valuing your property either.

Owning a rental property can be a huge financially rewarding investment. However, to nurture this investment and ensure it grows for a substantial amount of time, a lot of care and effort must be devoted. Obviously, with a career or a family, dedicating so much time towards a rental property can be implausible, which is where property management services come in to play. A qualified and experienced company should already understand the significance and importance of your property and treat it as so.

Be sure to do your research when looking at property management services for your rental property. Having a great working relationship with a team that is trustworthy, hands-on combined with years of experience and a passion for the industry will pay off when your property is in tip top condition and your tenants are comfortable and satisfied.

Condo Management Companies

by Gerry Goodman on

Condo Management Companies in Orange County CA

Condo management companies are often overlooked by those needing help managing rental property. However, renting a condo out is a whole new ball game in comparison to a house rental. In fact, there is often more work required for a condo and having the support from a qualified and knowledgeable property management firm can make all the difference.

So, what exactly is condo management?

Condo management in Orange County CA refers to managing a rental property or in this case a condominium complex by performing duties on behalf of all the owners in the complex. This can include collecting fees, enforcing specific rules and bylaws given by the homeowners association and managing the common areas such as parking lots and lobby.

House rental vs. Condominium rental

A house rental is very different from Condominium a rental service which is why you can often find that Orange County has many independent condo management companies as they do not have the capacity, and expertise to take on both variations. Property management for rentals of all kinds can provide you with an example of what service is received for both. So what is the difference between renting a house and condo?

Ownership

Many potential renters often find the point of ownership is the most confusing aspect when speaking to condo management companies. Whereas with a house rental you will have one landlord who owns the property that you pay monthly rental payments to, the condominium unit, made up of a number of different apartments, will be owned by one person and the entire complex, comprised collectively as a homeowner’s association. This means that not only as a renter will you have the landlord to pay for the unit you are renting, but also the homeowner’s association for any extra fees within the complex.

Cost

The price of a house and a condo rental are usually very similar, however with a condo, there are many benefits you receive as part of your monthly rental payment. Some utilities are often included in condo that you do not get as part of a house rental. However, the downside is that the initial HOA (Home Owners Association) fees you have to cough up to the company running the property management for rentals in the complex is higher. This is due to general maintenance of elevators and administrative tasks completed by the homeowners association.

Amenities

One huge difference, and major benefit, of renting out a condo is the extra amenities such as a luxurious lobby, concierge, swimming pool, green areas etc. With a house, you are generally renting the area inside and potentially a garden or pool inclusive within that.

Differences with insurance for Condo owners

As condos are run by a homeowners association, the insurance is slightly different to the usual house rental insurance as the entire complex is governed by a set of bylaws predetermined by the collective of homeowners. It can be written in your policy, which is always recommended, to have protection from any assessments levied against you by the condo association. This is absolutely essential when managing rental property that you ensure this is covered. In general, the entire association is responsible for maintaining standards of the complex including all shared amenities. Each owner is responsible for insuring their own unit and any upgrades it may need. If a homeowner cannot provide the upkeep necessary or pay the maintenance fees required for the complex, a comprehensive insurance policy will cover them.

This is particularly important when renting a condo out, as you need to be assured that the tenants can continually cover the cost and chase up on any late arrears. Having effective condo management companies controlling this aspect is the support you really need here to ensure you are not liable. Working with an experienced property management for rentals will protect the Landlord as they will make sure the tenant has renters insurance policy to cover costs, in the event that they cannot afford to.

Importance of Property Management for Rentals

Property Management for Rentals

As you can see, houses and condos rentals require a lot of work that does not just end when the tenant has moved in. Do not let all these differences put you off renting your dream condo unit. Going through condo management companies in Orange County is not just beneficial to the landlord but also works in favor of the tenant. Working with experienced property management for rentals gives you peace of mind in knowing that you are following the correct legislation within the state, and all concerns, fixtures etc. can be taken care of within an instance.

Goodman Management Team is an experienced hands-on property management company in Orange County. They have created a great reputation for being involved, informed and always cost-effective. They work to keep renters happy, whether that is supporting them with the advice on the cheapest renters insurance of value, having repairs fixed quickly or being available at all times. Property owners, whether a condo or a house, are usually busy with their own careers, families etc. So knowing that their property management company can help them in renting a property faster, gain quality tenants, ensure the property is maintained and that repairs are as low-cost as possible that takes the pressure off immensely. In fact, Goodman Management Team is so dedicated to making your investment as lucrative as possible that if one of their team members can do the repair, many have qualifications and backgrounds in engineering and handy man type work, they will! This has saved previous clients up to half of what an external company quotes.

To find out more about why Goodman Management Team is one of the best condo management companies in Orange County and how they can help in the running of your property, contact Goodman Management Team.

Real Estate Property Management in Yorba Linda

by Gerry Goodman on

Finding great investment opportunities for real estate can feel like you have landed on a small gold mine. Yorba Linda, hidden within the Southern Californian valley, has become an increasingly popular city for renters, with its small town vibe full of community events but close proximity to giant metropolis cities such as Los Angeles and Anaheim. Savvy investors are lapping up the cry out for renters needs by snapping up properties within the area. However, the work for rental properties doesn’t end upon the signing of the tenancy lease. For most people, especially first-time Landlords, they think that the biggest step is the purchase of the property and getting the tenants and paperwork drafted. The realization soon comes to the forefront that the real work begins, and never, ends at the beginning of the tenancy. This is where real estate property management in Yorba Linda comes in.

Having Yorba Linda Property Management on your side, especially one of the most reputable like Goodman Management Team will minimize expense, take away the immense workload, give you time for your own life and most importantly, bring in the big bucks!

Why Yorba Linda?

Due to its year round beautiful climate and destination in the world famous Southern California, Yorba Linda would always be an appealing town to many. However, it is has become increasingly more desirable because of the beauty of the town and the opportunity there for families and professionals. High salaries, social security, and consistently low crime rates make it a magnet for families which also pose as quality tenants for any Landlord. As a result, the real estate property management in Yorba Linda is of a very high caliber. Goodman Management Team have years of experience managing properties in Yorba Linda with a number of loyal clients. Their hands on approach and number of services give Landlords the freedom to pursue their own careers, families etc. whilst leaving the property in the trustworthy hands of Gerry Goodman and his team. Most importantly, you can customize the type of management you need depending on the extent of support required.

Real Estate Property Management in Yorba Linda

Many Landlords go to Goodman Management Team as they know they can continue to help grow their investment by ensuring the property is kept in good shape, any repairs or damages to the house are resolved at a minimal cost and above all, the tenants are great, reliable and content with the property. The entire team at Goodman Management Team are immensely experienced and qualified within the industry to make knowledgeable decisions that will always work in favor of our clients. The team builds very strong, long lasting relationships with the Landlords and as a result provides bespoke services that are tailored to each rental property and the Landlord’s requirements. Being flexible, dedicated and always on hand to help is what has made them the most trustworthy and reputable Yorba Linda property management company.

Goodman Management Team Services

So whether you want to take the reins but have Goodman Management Team on speed dial or you would like them to take on the full real estate property management in Yorba Linda, it is totally up to you. Their flexible range of services allows Landlords to pick and choose exactly what works for them, delivering a tailored and high-end service. Below are just a number of the services Goodman Management Team can provide you as a Landlord.

Tenant Screening

Tenant screening is one of the most demanding and intricate processes which can be frustrating if you are going it alone. Having a professional eye take care of this is important as a bad, unreliable tenant can be detrimental to your investment. This can cause late rental payments, potential evictions and extensive damage to the property, not to mention the buildup of legal fees incurred as a result. Goodman Management Team has over 25 years’ experience in marketing to, and screening the type of tenants you want to live in your property. After marketing through all the relevant channels, they will then create a shortlist to begin screening. After examining all references and support documents, they will draw up a very comprehensive Landlord Tenant Lease Agreement to ensure you never fall liable in the event of conflict.

Maintenance and Repair Work

One of the reasons as to why Goodman Management Team are seen as the most reliable and hands on Yorba Linda property management company is their approach to maintenance and repairs. Most of the team have a background in engineering or tradesman experience and will usually cut the excess costs you have to pay by hiring a middle man at an external agency and just fix the issue themselves. This has saved Landlords with Goodman Management Team hundreds, if not thousands of dollars.

Tenant Evictions

One of the issues no Landlord wants to handle, let alone get into in the first place, tenant evictions can be extremely difficult to maneuver. There are legal requirements and steps you need to take, which sometimes leaves a lot of Landlords a little out of their depth. As experts in the field and the best real estate property management in Yorba Linda, Goodman Management Team are well versed in the entire process right down to the copies of the documents that need to be stored in the event it goes to court. They also offer their team of legal experts to help advice and represent you for potential court appearances and next stage planning.

Investing in a property in the most serene area, with high demand for rental homes makes the prospect of real estate property management in Yorba Linda a very exciting one. With dollar signs in your eyes and Goodman Management Team on hand to maintain the property, you can just sit on the cash cow and watch it grow. However, understanding the work that goes on behind the scenes is essential before you go ahead with your investment as it is extremely time-consuming when going it alone. For a helping hand to ensure your property is as lucrative as possible, contact Goodman Management Team to find out how they can kick start your gold mine today.

Rental Property Management in Yorba Linda CA

by Gerry Goodman on

Rental Property Management in Yorba Linda CA

Yorba Linda is an in demand city for renters, nestled in a Southern Californian valley. This small, community-centric town revolves around its local public library with many social events organized via this hub. In close proximity to the likes of Los Angeles and Anaheim, as well as a number of other So Cal economic centers, savvy investors are snapping up properties here and are utilizing the best local professionals for rental property management in Yorba Linda CA. Yorba Linda property managers are in high demand here and due to this, are some of the best and most qualified in the country.

Yorba Linda as an Investment Opportunity

As mentioned, Yorba Linda is in an ideal location for an investment to let. Alongside being an astoundingly handsome town on the west coast, in the world-famous Southern California, due to its high salary and socially secure status, it is also a magnet for families and professionals. Decreasing unemployment rates, growing personal income and annual family earnings and consistently low crime rates make it ultra desirable for renters with a bit more spare cash. Increasing property values also provide a guaranteed return on investment. Yorba Linda is a town many landlords invest in because they too find the appeal of it as a future place to live or retirement property too drawing to resist. What’s more, rental property management in Yorba Linda CA is as high in quality as anywhere in the country. So, the support from Yorba Linda property managers is as intensive or as limited as you will it to be as a landlord. One particular property management company that offers you the freedom to customize the assistance they offer you is Goodman Management Team.

Goodman Management Team – Rental Property Managers in Yorba Linda CA

Goodman Management Team is one of a kind among Yorba Linda property managers. Having them on your side with rental property management in Yorba Linda CA will secure in your mind that your investment is being as well looked after as you desire. One noticeable advantage of using Goodman Management Team ahead of other Yorba Linda property managers is that they give every landlord an individual service. They understand that every rental property is different as is every tenant. As a result, they make sure their bespoke services are matched by their vast experience in the market. Their tailored approach to each property and how they nurture tenants ensures each tenancy runs as smoothly as possible and satisfaction from both parties is high. This flexible attitude is what sets them apart from the other Yorba Linda property managers.

What Services does Goodman Management Team Offer?

As mentioned, Goodman Management Team offers an entirely bespoke service, so the answer to the question is entirely up to you. Whether you’re a hands-on landlord who needs a few finer details ironing out or managing, or maybe you want to hand over the entire management process, either way, Goodman Management Team have the resources and the expertise to help you with your venture in whichever way you see fit.

Tenant Screening

Tenant screening is not as easy as advertising your space and expecting an influx of suitable tenants, interviewing them and then choosing one, just like that. In reality, these processes take expert marketing and a solid idea of where to go to induce the types of tenants which you would want to live in your home. A process which takes knack and savvy that few Yorba Linda property managers have, Goodman Management Team have over a quarter of a century of experience in exactly that.

Once a shortlist is created, Goodman Management Team will screen tenants at each stage to ascertain which candidates will not only will they take care of your property but which ones can also genuinely afford the rate you wish to charge. This process includes checking references and creating a strong Landlord Tenant Lease Agreement; inclusive of every important term ensure the landlord can never become liable in the case of conflict.

Maintenance and Repair Work

A constant worry for many landlords, having to deal with maintenance and repair works. Goodman Management Team will take this problem out of your hands with aplomb. The team is built around engineering and real estate professionals, with experience as tradesmen. Where other management companies will need to go through costly and time-consuming middlemen, Goodman Management Team can complete any potential works themselves. They are also experts in understanding your rights as a landlord versus the rights of your tenants. This is vital to understanding, legally and officially, who the liability falls upon when any potential issues may arise.

Tenant Evictions

Potentially the hardest part of being a landlord is the potential of having to evict one or many of your tenants. Goodman Management Team can also help with the management of evictions. Again, they are experts in the law surrounding this delicate issue and will only offer advice which falls firmly within your rights as a landlord, whilst notifying you of the rights of the tenants too. From storing copies of important documentation, to ensure that you always have the right evidence available as soon as it may be needed, offering their team of legal experts to advise and represent you in any case of court appearances or correspondence, to communicating with tenants regarding their potential eviction and the sending of notices when necessary.

As with many other landlords, you may have other professional commitments, a family to care for and other life responsibilities, this is why it is important to hire someone professional, such as Goodman Management Team for rental property management in Yorba Linda CA. Successfully letting your property involves a lot of work, which continues long after tenants move in, so for a helping hand with any property management scenarios, contact Goodman Management Team.

Best Property Management Services in Anaheim CA

by Gerry Goodman on

Best Property Management Services in Anaheim CA

Anaheim is a sought after city, often in high demand thanks to its So Cal vibe, proximity to Los Angeles and its own acumen as a commercial district. Employment and entertainment come from the form of Disneyland and its various components in the immediate area, and the Anaheim convention center. Its Southern California location, close to the coast and many other high-value points of interest, savvy investors are snapping up properties here thick and fast, and many utilize the best property management services in Anaheim CA to ensure their properties and tenants are well cared for.

Why in Anaheim?

Being a short drive from Los Angeles, the coast, multiple renowned wildlife and wilderness destinations and much more, Anaheim itself is a hub of events and activity, bringing visitors from around the globe, daily. Thanks to the commercial nature of the area, unemployment is low, house prices are rising and the number of jobs created in the city is growing year on year. As a center for commerce, the city brings with it an abundant force of professionals, young and mature, with a constant demand for rental opportunities. The best property management services in Anaheim CA are constantly on their toes with tenants to seek and care for, as well as properties to manage. Due to demand and constant interaction, property management companies in Anaheim CA are more capable of dealing with the housing market and its potential pitfalls than in other areas in the country.

Goodman Management Team – Property Managers in Orange County CA

Goodman Management Team is one of the best property management services in Anaheim CA, and having them on your side will be one of the best decisions you can make when investing in property in the city. Goodman Management Team offers every landlord a tailored service, as with experience, they have grown to understand that every property is entirely different and every tenant and how they live their lives in each property can be substantially mixed.

What Services Should You Expect from Goodman Management Team?

As a tailored service, the choice is yours. Unlike other property management businesses in Anaheim CA, Goodman Management Team let you decide which services you require of them. Your agreement with them could be that they support you as a landlord in different processes of the property handling stages; you may wish that they run the entire process; or, anything in between.  Mr. Goodman and his team can offer their hand to some of the more tiresome jobs, some of which are utterly vital to avoid stresses down the line. Below is an outline of example services Gerry and his team have offered to clients as one of the best property management services in Anaheim CA.

Screening for tenants

Picking tenants to live in your property is not as easy-a-task as some would expect. In theory, you could send out an advertisement, and the applications would probably come flooding in. But in a city such as Anaheim, why not be more particular? Expert marketing from Goodman Management Team and a knowledge of which avenues to pursue when appealing to the type of tenants you would want to live in your home is a knack that comes from vast experience. Only the best property management companies in Anaheim CA can take full advantage of such a densely saturated market to get you the best and most consistent paying clients possible.

After consultation, Goodman Management Team will screen tenants at each stage of the process, ensuring that not only will they look after your property; but that they can genuinely afford the rate you are looking to charge. This includes a reference check, a durable and tested Landlord Tenant Lease Agreement, inclusive of all terms which secure the landlord’s rights and decrease landlord’s liabilities in potential legal challenges.

Maintenance and Property Care

The jewel in Goodman Management Team’s crown! Repairs and maintenance are a necessary part of property ownership, however understanding your rights, where the tenant may be liable to pay as opposed to the landlord is Gerry Goodman’s specialty. As one of the best property management companies in Anaheim CA, the team will advise you on cost estimations, and ensure that you pay the lowest fees possible when maintaining and repairing your property. The team at Goodman Management Team is brimming with skills in engineering, plumbing, and other trade skills, making their advice worth its weight in gold. To ensure landlords don’t pay a premium for repairs and maintenance, the team members can simply fix problems themselves, saving time and money.

Potential Tenant Eviction

The last resort for any landlord, not least due to the tedious and drawn out process, is to evict a tenant. The advantage of having Goodman Management Team’s expert team, one of the best property management services in Anaheim CA is that they understand your rights down to the last letter. All correspondence between yourself as landlord and the client as the tenant are safely stored in logical order ensuring you cannot be made liable and will assist you with the help of legal experts in all stages of the potential eviction process. Further to the legal back and forth that goes hand in hand with evictions, Goodman Management Team can also compile and forward eviction notices and other correspondence with tenants.

Goodman Management Team pledge to upkeep and improve your property in whichever way you see fit, with unrivaled experience as one of the best property management companies in Anaheim CA and in depth knowledge of terms and conditions of the real estate market, they make it their duty to remove as much pain from property ownership and leasing as necessary for their clients.

Contact Goodman Management Team to find out more about the best property management services in Anaheim CA, or the rest of Southern California.

How To Handle The Tenant Eviction Process In California?

The tenant eviction process in California is a long, drawn-out and tiring nightmare most landlord’s like to put on the back of their mind. In the case of having to handle a tenant eviction, you need to have a knowledgeable understanding of all the legal requirements under California jurisdiction, and approach matters professionally. Most landlords will go to the best property management companies in Orange County CA to firstly minimize the chances of this happening, but also to resolve as swiftly as possible if a tenant eviction does unfortunately unfold.

As a landlord, you are entitled to evict tenants that violate the Landlord Tenant lease agreement. However, each stage of the tenant eviction process in California cannot be ignored and has to be undertaken and applied to your case, as accurately as possible. The following stages of the process are listed below;

Step One: Be sure you have legal grounds to evict your tenant

Go through all of your paperwork, especially the Landlord Tenant lease agreement and be absolutely sure you have the right to evict your tenant before doing anything else. This needs to be in-line with what is accepted by California law, therefore make sure you have sought some legal advice before going ahead to avoid a lawsuit in response.

Step Two: Personally contact your tenant

Occasionally, a legal battle can be avoided by speaking with your tenant personally and attempting to resolve the situation. This is always worth doing, as it will save you a lot of legal fees, even if you hire a legal mediator to support you both in coming to a decision.

Step Three: Eviction Notice

To continue with the tenant eviction process in California, you must send a written notice to your tenant to inform them of how they violated the lease and how long they have to leave the property. This varies depending on the violation, so confirming this according to California legislation beforehand is recommended. For example, if the tenant violated the no pets term, the minimum notice is three days. If it is due to late rental payments, your notice needs to specify exactly this and how much they have outstanding to pay.

Step Four: Serve your notice

You need to serve your tenant with the eviction notice in order for it to be valid. As many tenants preempt this happening, they try to avoid being served as an attempt at avoiding eviction. The law has now extended this stage to provide further options to serving tenants. This includes personally delivering a copy of the notice to the tenant or leaving it with a person over the age of 18 at the tenant’s workplace and mailing another copy to your tenant. Give your tenant some time to try and resolve the situation before filing a lawsuit. This will help you to avoid a time, and money consuming legal battle. However, if the tenant does not proceed to vacate your property, you need to go forward with legal proceedings.

Step Five: File an unlawful detainer complaint

This is really the part of the tenant eviction process in California where you need the support of the best property management companies in Orange County CA. Once the time limit you have given your tenant has expired, you can proceed with a lawsuit. You do this by filing a complaint at the courthouse in which the court will issue a summons to the tenant that they will be required to respond to within five days.

Step Six: Request a court date

Once the five days have gone by, and your tenant has still not vacated the property, you have the right to request a court date which is usually held between 10 to 20 days from your request. Note that during this time you cannot collect any rent payments from your tenant; however, they will still be liable to pay you for this.

Step Seven: Court

Make sure to bring copies of every legal document and form of communication between you and the tenant to this part of the tenant eviction process in California. On average, proceedings take about an hour but can go on for longer if there are any delays so make sure to have every piece of documentation, however irrelevant it seems.

Step Eight: The local sheriff takes control

The court will have the local sheriff serve a 5-day notice for your tenants to vacate and if they do not, the sheriff has the authority to come and physically remove your tenants.

Step Nine: Deal with left-behind property

You can sell these items or dispose of them in some cases, but you need to check the tenant notice and rules of your local jurisdiction to ensure you are not liable for any of the tenant’s leftover possessions.

Property Management Services in Orange County CA

As you can see, having the advantages of the best property management companies in Orange County CA on your side will take this very intense procedure off your hands. Goodman Management Team works tirelessly in every stage of the tenant journey, especially the tenant screening and selection process, to minimize the risk of having to ever face a tenant eviction process in California. However, when such a procedure needs to be carried out, they handle meticulously and professionally to reduce costs and vacate your tenant as swiftly as possible.

Goodman Management Team is one of the most reputable and best property management companies in Orange County CA, as they are both hands on and maintain fantastic relationships with their clients. Gerry and his team take pride in making their client’s property investments as lucrative as possible and saving them as much money where necessary too. With qualifications in engineering, plumbing, and other handyman type skills, they often carry out repairs themselves to avoid the landlord paying the insane amounts of commission external companies charge. This approach to saving you money at any stage, whether this is compromising with the tenant to avoid hefty legal fees or maintaining every copy of the paperwork for a swift court procedure, is why they are so popular and trustworthy.

Visit Goodman Management Team to find out more about the tenant eviction process in California and how Goodman Management Team, one of the best property management companies in Orange County CA can help you today.

Yorba Linda Rental Property Management

by Gerry Goodman on

Yorba Linda is an area often in demand in Southern California. This small, community-driven town revolves around the Yorba Linda public library with many events and social activities held around this meeting ground. Lying within the Valley of Orange County, a lot of savvy investors take up properties here and use one of the best Yorba Linda rental property management companies to maintain and nurture the property and its tenants.

Why Yorba Linda?

As well as being one of the most beautiful towns on the west coast, it is also a magnet for families with high job security due to lowering unemployment rates, high personal income, and staggeringly low crime rates. It is also home to the reputable Black Gold Golf Club, making it ever popular for those who enjoy unwinding by hitting the golf course. As a place most landlords invest in because they too find the area so appealing, you can see why an investment in rental property can be so lucrative. However, in order to not lose money, which can happen, with tenants and any property issues, it is essential that you look into property management companies in Yorba Linda CA. Goodman Management Team has an extremely high reputation across the entire area, with years of industry experience and overly qualified staff that have a hands on approach when it comes to their clients.

Goodman Management Team – For your Yorba Linda Rental Property Management needs

Having Goodman Management on your side as your chosen Yorba Linda rental property management team will give you peace of mind knowing that your property is in secure hands. One noticeable advantage is that they give every landlord a bespoke service as they know that every property is different and every tenant and their journey in each property can be very different. As a result, they make sure they tailor their knowledge of the market to each property and approach with tenants to ensure each tenancy is smooth and satisfaction is high. This ability to be flexible is what sets them apart from the other property management companies in Yorba Linda CA.

So what kind of services does Goodman Management Team provide?

This is really up to you. You can tailor your agreement with Goodman Management Team to either have them support you as a Landlord in certain stages of the process or have them take over the entire thing.  Gerry and his team can apply their expertise to some of the niggle things that if not completed with precision can cause you a whole lot of stress later on. Please see below for just a few examples of where hiring this reputable Yorba Linda rental property management company will pay off for you as the Landlord.

Tenant screening

Tenant screening is not as easy as putting out a post, expecting an influx of tenants and then interviewing until you find the perfect one. In fact, that way would take you such a long time; you may decide to move into the property yourself by the end. Expert marketing and an idea of where to go to appeal to the types of tenants you want to live in your home requires some industry knowledge. This is where it is really essential to hire one of the best property management companies in Yorba Linda CA.

After this, they can screen the tenants at each stage to ensure not only will they take care of your property but that they can also afford the rate you charge. This includes demand for references and a strong Landlord Tenant Lease Agreement that is inclusive of every important term to ensure the Landlord can never become liable in the case of conflict.

Repairs and maintenance

This is where Goodman Management Team really shines! What you want when hiring a Yorba Linda rental property management company is for someone to take all issues off your hands, without racking up a huge bill for you to pay off. Repairs and maintenance are unfortunately a given with any rental property, however, it is important to know where the tenant is liable to pay and where the landlord has to pay up. Goodman Management Team can help you with this instantly and ensure you pay the lowest repair fee when you as the landlord are liable. Almost every member of the team at Goodman Management has skills in engineering, plumbing, and other extremely handy skills. To ensure their Landlords aren´t paying a premium on top of the work needed for the repair, a lot of the team members will just go and fix it themselves. This usually saves both time and money.

Tenant eviction process

The one thing that every landlord fears, has to process a tenant eviction, especially because there is a very strict procedure to follow in order to be successful should it go to courts. The advantages of having Goodman Management team, one of the top property management companies in Yorba Linda CA for this cannot be understated. They will withhold copies of all important documents so you cannot fall liable and can guide you with the help of legal experts in all stages of the tenant eviction. Furthermore, they can send eviction notices and late rental payment notices on your behalf.

Like many other landlords, if you have another career, a family and other responsibilities, it is highly recommended to hire a Yorba Linda rental property management company such as Goodman Management Team to make the most of your investment. Successfully renting your property involves a lot of work, which does not just end as soon as your tenants move in. There can be random repairs that need resolving, unhappy tenants to appease and new legislation you need to keep an eye out for.

Goodman Management Team maintains and enhances your property, with unrivaled experience and understanding of even the small fine print terms that must be met, they can take this off your hands with a lot of ease.

Visit Goodman Management Team to find out more about how the best Yorba Linda rental property management company can support you in growing what will be one of your best investments to date.

The More You Screen The Better – How To Find Good Tenants?

Finding the perfect tenant can often be like finding a needle in a haystack, especially if you lack the experience and qualified knowledge of a property management company. To find good tenants, you need time, persistence and more than a lot of patience.

Posting in the right places

To find good tenants, your screening process needs to be vigilant from day one. To avoid a lot of unnecessary intake of interest from tenants you do not want, you need to look, and advertise in the right places. For example, if you want a family to take up tenancy in Orange County, you do not want to be advertising to students. A good Orange County property management company will have an entire database that differentiates depending on who you want to target so your response will be more streamlined depending on who you want in your Orange County rental property.

You also need to think about the way you post, just because you know you have an amazing property that would be perfect for a small, young family does not mean that they will know that off the bat. Photography and description have to be on top of its marketing game in order to compete against other rental properties in the area. You also need to ensure you advertise all legislature compliance, which a property management company will already have in the forefront of their minds.

First point of contact (pre-screen)

Once you start generating interest, which will either be by phone or email, you need to have prepared relevant questions that will help screen tenants through to the next stage. Normal first stage questions include name, the reason for moving in, how long they are planning to stay, any pets etc. Be sure to mention within the call that you do a comprehensive background and criminal check as standard and the minimum income requirement for your tenants. This will cut away any tenants that could give you a mountain of problems in the future and leave you to find good tenants amongst the rest.

Rental property viewing (in-person screening)

This is the opportunity to not only ask any other questions but to be observant of the person and how they respond face to face. Make sure to answer all their questions but also note what they ask, if they arrive late and even perhaps walk them to their car so you can see how they take care of their own vehicle. These things can be minor insights into how they will treat your property and rental agreement. Make sure to mention that if they are interested you will need at least two references from their previous landlord and employer (neither can be a family a member).

Rental Application

Once your potential tenants show enough interest, they will want to fill in a rental application form. For this, you need to make sure your application form is compliant with state regulations and that you do not call their references or run a background check without telling the tenant first. Secondly, you cannot accept a form with any blank spaces; absolutely everything needs to be filled out. This is the last way to really find good tenants within your pile of forms, so screen wisely.

A background check will allow you to see the tenant’s eviction history, which will give you the red flag on whether you can trust this tenant to pay on time and take care of your property. A credit score can also help you differentiate between reliable and not so reliable tenants. The average credit score is around 650 so use that as a reference point. However, if they have a good credit score but a history of evictions, this is good enough a reason to avoid renting your property to this tenant.

Selecting your tenants

Once you have chosen your tenants for your rental property, you may be near the end… or not! Always let the tenants know that you have selected before telling those you have rejected. If those selected actually turn you down because they have found somewhere else or just changed their minds, you are going to have to reassess your other tenants. The only other option is to overhaul your entire list and start again, which can be quite common if nobody on your current list particularly appeals to you. This can be the most soul-destroying aspect of the screening process, and a great reason to have an Orange County property management undergo this procedure to take the stress off your hands.

As can be seen above, attempting to find good tenants can be an incredibly painstaking process that takes a lot of time and commitment. Furthermore, ensuring you are following state regulations at the same time, whilst not missing anything important out like credit and background checks can be tricky if you are juggling a career, family and your own property as well. There is simply no substitute for using an Orange County property management service.

Goodman Management Team – Orange County Property Management

Goodman Management Team has years of industry experience, a very reputable and popular choice around Orange County CA. With their own home grown screening process, they are experts in differentiating the good from the bad when it comes to tenants. As the best Orange County property management company, Gerry Goodman and his team have a long standing history of customer satisfaction with a wealth industry expertise. The legislation, tenants screening, repairs and maintenance and a key contact for your tenant is among the main services they offer along the entire tenancy journey.

Having peace of mind, knowing your investment is being nurtured by qualified professionals is the biggest benefit of employing Goodman Management Team to not only find good tenants for you, but take the entire process off your hands. Developing a strong relationship with the best Orange County property management company will ensure that your investments deliver lucrative results from start to finish.

Get in touch with Goodman Management Team today to find out how they help you find good tenants and more.

Rental Security Deposit Laws

by Gerry Goodman on

Rental Security Deposit Laws – Knowing What To Give Back

When it comes to dealing with security deposits, many landlords can miss very important aspects if attempting to handle independently. As a Californian Landlord, you need to understand the rental security deposit laws within the state thoroughly before you begin the process.  Having the best rental property management team in Orange County CA, to help take this off your hands and ensure everything is being done to the state’s jurisdiction so you do not get caught out later down the line. However, here is the basic breakdown of this complex process to give you an insight into everything you should be aware of beforehand.

What can you charge?

According to rental security deposit laws in California, you can request a maximum of two months’ rent if the apartment is unfurnished or three months if the apartment is furnished. One thing to be aware of here is your market. If you are demanding the top end of the deposit allowance, you may scare potential tenants off. Working out who your market is and the risks involved will allow you to make an informed decision when it comes to the deposit. For example, if you are searching for middle-aged couples, the likelihood of you not giving them their deposit back is a lot lower than if your market was a group of first-year university students. If hiring the best rental property management team in Orange County CA, they will be able to apply their knowledge and database full of statistics to come up with a suggestion that will fit both you and the tenant.

Please note that you cannot charge a non-refundable deposit under rental security deposit laws in California.

Where must you store the deposit?

In California, the Landlord is responsible for storing the security deposit. This does not even have to be stored in a separate bank account and there is no requirement for written notice to the tenant after receipt of the security deposit. However, to maintain a strong relationship with tenants so that you minimize turnover, transparency is key. Making sure that you clearly state the terms of the rental deposit and how you will store it in the landlord tenant lease agreement, will avoid confusion or conflict later down the line.

Reasons for you to keep the deposit

Under rental security deposit laws, you are entitled to keep the security deposit, or a portion of it, if the tenant does not pay their rent. However, for this, you will need to follow stages to doing this under late payment notice legislation in California. You can also take a portion of the security deposit if there have been any damages to your property, if you require cleaning to be done to restore the property to what it was before the tenancy or to pay debts that tenants have incurred by violating the terms of the lease. The landlord is prohibited from using the deposit to fix any wear and tear to the property that was there beforehand.

Communicating with the tenant for any of these issues can become very volatile, especially if the tenant is reluctant to give up their deposit. Having the best rental property management team in Orange County CA take control of this is recommended, as they have plenty of experience handling troublesome tenants, and approach everything in a professional manner.

When should you return the deposit and how do you do it?

According to strict rental security deposit laws, the landlord must return the deposit to tenants within 21 days of them leaving the property. The security deposit has to include a statement that confirms with tenants, how much they have received of their deposit upon return and how much was given initially. If deductions have been taken from the deposit, these need to be itemized and explained inclusive of receipts to show the actual charges that were incurred from repairs. In the event that the repair work is yet to be complete, the Landlord must give an estimate.

How do you handle the deposit if you sell your property?

You have two options when it comes to rental security deposit laws and selling your property. You can transfer the deposit minus of any deductions incurred to the new Landlord. You are then responsible for making the tenant aware, in writing, of all important contact details of the new Landlord. You also need to provide both the new owner and the tenant a written notification including the amount of the security deposit and any deductions that have been taken.

The second option is to return the security deposit with any deductions made directly to the tenant. You, as the Landlord, then need to notify the new owner of your decision to refund the tenant with their deposit, the amount they received and any deductions that were taken.

Goodman Management Team – Best Rental Property Management in Orange County CA

When it comes to handling such tasks like this during a tenancy, many opt for the best rental property management team in Orange County CA because they simply do not have the time or the knowledge required. If you have a family, a career or just your own property to handle, the many components you need to understand, to ensure you are following legislation within California and to maintain a good tenant relationship can be overwhelming. Goodman Management Team has years of industry experience, and its dedicated hands-on team has made them one of the most trusted and best rental property management team in Orange County CA. Not only do they understand rental security deposit laws like the back of their hand, but they are fully aware of all laws involved under California jurisdiction.

Gerry and his team are well equipped with a number of skills, including engineering, plumbing, and electrician work. Therefore, to help reduce costs incurred by damages, including natural issues that occur in a property, they will go in and do the repairs themselves. This is a key factor that sets them above the rest of the property management companies in the area. Furthermore, they maintain great relationships with all clients and tenants, being the first port of call for any problems, resolving both efficiently and professionally.

Visit Goodman Management Team to find out more about the best rental property management team in Orange County CA and how they can turn your property into a lucrative investment.