curb appeal

How to Boost Your Rental Property’s Curb Appeal

The front of your property can be made more attractive to generate interest from new occupants. The outside is essential regardless of how well-maintained the inside of your rental is. Since it’s the primary thing potential occupants will see when coming to visit the property, you need to create a positive environment immediately.

Even if you have popular amenities like contemporary furnishings and energy-saving appliances, potential tenants will factor how appealing your property looks from the outside into their final decision for renting the space. There are several options available to you when improving curb appeal. The best part is that you can increase curb appeal with little effort or cost. 

Little changes can go quite far in renewing the look and feel of the outside of your property and attracting prospective tenants. Here, Home Choice Property Management will share a few ways to enhance the curb appeal of your rental property.

Utilize Vibrant Colors

Utilize clear and vibrant colors on the outside of your property. You can paint the walls, doors,  window shudders, or mailboxes in eye-catching colors to separate your property from your competitors.

Moreover, you can improve the exterior of your home and cultivate a positive air for potential occupants by planting nice flowers or putting potted plants on either side of the front steps. A bold splash of color has the ability to attract attention.

vibrant house colors

Upgrade Your Front door

Prospective tenants will first see your investment property’s front entry. The way in which you maintain the home’s entryway can also indicate the level of care that you take when maintaining the inside of the house. 

The curb appeal of your property can easily be improved by replacing the front door. Pick a tint or color that stands out. While a bold and unique color will differentiate the home from others on the block, it might not appeal to a wide range of tenants. Picking a charcoal dark door could speak to a bigger number of occupants. You can also change of the hardware on the door for an added splash. 

Focus on Landscaping and Maintenance

Focus on your front yard to build up your curb appeal. First-time prospective tenants assessing your investment property will pass judgment on the state of the yard. Set aside some time to weed the garden, mow the lawn, and replace any dead plants. Keep a standard upkeep schedule. 

Keeping your rental home’s outside clean and well maintained also reduces the possible break-ins or vandalism as people will realize that there are individuals on the property caring for it. 

Assess the Roof

Buy quality material. Give comfort to your new occupants by having a durable rooftop. Although expensive, a good rooftop keeps your property safe and keeps up with its external allure. Since strong rooftop materials are costly, set aside savings. You should also note that roofs should be changed every 15 to 30 years. 

replacing rental property’s roof

You ought to call an expert if you notice stains on the roof or missing shingles. To ensure the occupants are living in a protected and clean rental, you may likewise have it checked for leaks and mold inside the property. An extraordinary rooftop can help improve the worth of your property and safeguard occupants.

Give the Garage Door a Refresh

The garage door is regularly neglected. Since most of your neighbors are fine with basic garage doors, you get the opportunity to give your property more character. Adding some extraordinarily reasonable garage door improvements you’ll be able to stand out further from the competition. 

A new garage door can cost a lot. That said, there are many cost-effective alternatives available to property owners. It will significantly improve the curb appeal if you power washes the outside and add either a new coat of paint or fixtures to the door.

Install Quality Lighting in Your Walkways

Any great exterior design plan should incorporate lighting, as well positioned lighting might assist with showcasing your rental’s front yard and make it stick out. Therefore, your home’s curb appeal should be attractive day and night. 

There is a large variety of lighting choices available on the market, no matter your spending limit. Spotlights and hanging lights can improve the structure’s appeal and illuminate the outside of your property. 

outdoor lighting for home

In addition to this, walkway lighting makes it easy for people to get and from their door in the evenings and early morning. Moreover, a well-lit exterior provides more security as it’s often a deterrent from thieves and vandals. 

Add Plants and Greenery

One of the finest ways to make your rental home stand out is with greenery. Trees and plants can give a place color and life while also giving any potential tenants more privacy. If vegetation isn’t quite what they want, try including flower planters. They are always a fantastic way to add life while being simple to maintain in any environment. You aim to establish a calm yet energizing atmosphere.

Keep in mind that the plants and other flora you choose should require little upkeep. Consult with professionals in landscape design if you want a lovely but low-maintenance yard.

Conclusion

It’s important for landowners to think both about the inside and outside appearance of their properties. By doing this, you put your rental space above other rentals on the market. Furthermore, it makes the property marketing process easier as the exterior of the home will sell itself. If that’s not enough, when you make an effort to protect your property’s curb appeal you’ll keep existing tenants happy!

If you need advice on how to market your rentals and improve your property’s overall appeal to tenants, contact real estate experts. The team at Home Choice Property Management is more than happy to help you achieve your investment goals. Contact us today to learn more about our property management services!

Top 8 Amenities Renters Can’t Resist in Anaheim

Similar rentals in the same neighborhood in Anaheim can result in tenants making a choice based on what amenities each property offers. This depends on the tenants’ needs and wants when it comes to picking the right amenities for them.

Everyone has different priorities. Someone who commutes for work would prefer a nice garage or a designated parking area. Those that have a lot of possessions or family members with plenty of belongings will choose a rental property based on storage space.

Consider what amenities you can offer to your prospective tenants when you either convert your residential home into a rental property or purchase an investment property. Once you’ve identified the best features and amenities in your rental, make sure to make them a selling point when marketing your property to renters.

Check this list for the best amenities that tenants are usually keeping their eye on:

Walkability Factor

Distance to convenient facilities such as transportation hubs, grocery stores, and schools are often a priority for renters. Are they located nearby and within walking distance? If conveniences are nearby, it saves the renters’ time and effort to get around. 

When you can easily walk to and from different areas, it’s easier to schedule the time for leisure, meet up with friends and engage in fitness activities. This means they can readily enjoy parks, dining spots, and entertainment centers in addition to running errands conveniently.

home storage space

Extra Storage Space

Extra storage space is often necessary. Does your Anaheim home present a lot of vacant spaces such as walk-in closets, pantry areas, and convertible spots? Big families often need a rental property where their possessions can be safely stored while still being accessible. You can renovate your rental and plan extra storage areas. This also helps in reducing clutter. 

Consider converting the space under the stairs into an additional closet or adding hooks and shelving to the bathroom. Small adjustments can create more space and convenience for tenants.

Adequate Parking Area

For working professionals who need to head to another city for work, a garage or assigned area for parking is essential. Will the vehicle be protected from heavy downpours or against theft? Having accessible and safe parking is important.

When your rental is located in an urban area where the homes are packed closer and parking is a challenge to find, having a rental home that has a designated area for parking will be favorable. For one thing, it lowers the tenant’s stress knowing their car is protected. You can also collect a parking fee as another way to increase your income in Anaheim without adjusting the rent higher.

Soundproof Walls

Outside noise can disturb a tenant’s peace especially if your rental faces the street. You may also have a neighbor that’s noisy. If this is the case, install soundproof walls in your Anaheim rental home to ensure that your tenants have quiet enjoyment of the rental place. 

rental property amenities

People value their privacy so soundproof walls are widely appreciated. They can gain peace of mind even if there’s outside traffic and noises. It also ensures a better night of sleep. Thus, rentals with soundproof walls earn more interest from prospective renters.

Kitchen Upgrades

Go over your kitchen amenities. Inspect the kitchen appliances and furnishings. Does anything need replacement or repair? Look at the hardware of the kitchen cabinets. Check the type of countertop you have. Be thorough in your assessment.

Most renters tend to focus on the kitchen to check if appliances are energy-efficient and whether the kitchen is attractive and functional. If you can afford it, go for a granite countertop since it elevates the kitchen’s appearance and is easy to maintain.

While you’re evaluating your kitchen, inspect the flooring. You want to choose a flooring material that requires less maintenance given that a lot of liquid and food spills happen in the kitchen. Consider having a spacious and nice layout where residents can easily navigate their way around when preparing meals.

Building Amenities

If you own an apartment complex in Anaheim, the first thing that renters want to know is the amenities you have. Do you have access to a pool, gym, or lounge area? Does your apartment include a fitness center? Having ready amenities in your complex delights tenants since they don’t have to spend additional money on membership costs.

building amenities tenants like

A rental property where conveniences are on-hand will keep tenants loyal. It also inspires more community engagement. Your tenants will gather in the common areas to enjoy the building amenities you offer.

Smart Home Features

Smart home technology is popular these days. A lot of people have become interested in connecting their devices to their homes and remotely controlling the settings. They can adjust the temperature prior to arriving home from work. They can also dim their lights without getting up to turn down the light switch. Your rental home will also gain more interest from renters who value utility bill savings. 

Outdoor Spaces

A lot of tenants rate a property higher when it provides a balcony, patio, or garden area. Check your front and backyard space. You can consider adding some outdoor seating areas. If space is tight, you can also build a rooftop area where renters can relax or cultivate a rooftop garden. Most tenants prefer to have an outdoor space extension when renting a home.

Bottom Line

Keeping up with top property amenities and trends means gaining an edge over other rentals in your Anaheim neighborhood. Make sure to know your target demographics first before investing in amenities for your rental. You want any investments or updates to be in line with what your target renter demographic is likely looking for. 

If you would like help managing your rental properties, reach out to the experts at Home Choice Property Management today! Our team of experts will gladly answer any questions you may have. 

How to Keep Renters Happy

A landlord’s top priority should be to keep their tenants happy during their time in the rental. This is because happy tenant is more likely to renew their lease and stay long-term. Having a long-term tenant means more consistent passive income. 

In order to keep renters happy, you want to ensure that the property is well-maintained and clean. You also want to make yourself available to the tenants should they have questions. When the tenant feels like they have been taken care of they’ll feel confident staying in your rental property. 

If you want to learn how to keep your tenants happy, keep on reading!

Draft a Detailed Lease Agreement

The lease or rental agreement is a very important document as it details the rights and responsibilities of both the landlord and the tenant. It also includes all the terms and policies associated with occupying the rental unit. 

If your lease agreement is vague you’re more likely to experience conflict with your tenants. To avoid this issue, you want to ensure that your lease guides the renter on their duties, rights, and different procedures to follow. Having these details spelled out can serve as a reference during minor conflicts and can help avoid issues altogether. 

Always be Professional 

Approaching your role with the right attitude makes a difference. You have to remember that your tenants are also your clients, therefore they deserve a certain level of professional contest and respect. 

be professional and understanding

Remember that although you may be the property owner, the tenant is still paying to rent the space. Therefore, you cannot enter the unit as you please. Coordinate times with tenants if you need to inspect the unit to ensure that they are aware of the visit. When communicating with your tenant, you also want to ensure that you treat them with respect.

You always want to be patient, approachable, and respectful when interacting with your tenants. Doing so will help make them feel more comfortable and happy which will only solidify your working relationship with them. 

Be Responsive to a Tenants Needs

As a landlord, you have many responsibilities that you have to handle. Sometimes you’ll find yourself overseeing multiple things at once. That said, you still need to be sure that you are accessible and responsive to your tenant’s needs. 

If a tenant contacts you about a necessary repair, you want to follow up swiftly and keep them informed of what is being done and how long the repair should take. Provide your tenants with the same level of customer service and care that you would want to receive.

Respect the Tenant’s Privacy 

Everyone has a right to privacy. When it comes to managing rental properties, a tenant’s primacy is protected under the implied covenant of quiet enjoyment. This ensures that tenants are able to live in a rental unit without experiencing consistent disturbances. 

respecting tenant primacy

As the landlord, you can respect the tenant’s privacy by providing them with notices prior to entering their space. This ensures that the tenant won’t experience surprise inspections or other visits. You also want to ensure that you aren’t checking too frequently as this could also invade their primacy. 

Make Property Improvements 

If your tenant has been in the rental for some time, consider offering to conduct some property improvements. These renovations don’t need to be too costly, something as simple as a fresh coat of paint or providing new appliances can go a long way in making tenants happy. 

You can also offer to have a professional cleaner come in to freshen up the space for your tenants. By taking these steps to maintain the unit, you’re showing the tenant that you care about their comfort and safety. 

Don’t Leave Conflicts Unresolved 

During your time managing rentals conflicts are bound to occur. This can be between the landlord and the tenants or between tenants and neighbors. Whatever the conflict is, as the landlord, you want to de-escalate the situation and maybe even act as the mediator. 

If a conflict is left unresolved then it’s bound to only get worse. The tenant may also feel neglected. However, if you make an effort to keep the peace, this will translate to happier clients. 

adding amenities renters like

Learn What Amenities Renters Want

Different kinds of tenants will desire different amenities in their rentals. For instance, some may want more storage space and modern appliances while others will prioritize having things like updated kitchens and bathrooms and additional security. 

Take the time to look into what your target demographic of renters desires and speak to current tenants as well. By learning what people want and need you’ll be better positioned to make property improvements and changes that will differentiate you from your competition. 

What’s more, by speaking with tenants and applying changes, you’ll also show that you value their opinions which can motivate them to stay long-term. 

Bottom Line

As a landlord, you want to keep tenants happy. This will help ensure that they stay long-term thus protecting your investment. Keeping them doesn’t have to cost you a lot of money but it does require attention to detail. 

If you feel overwhelmed when managing your rentals and feel you need help, contact the experts at Home Choice Property Management today! Our team of property managers is capable of handling everything from property marketing and tenant screenings to maintenance work and rent collection. 

Reach out to us today to learn more about our property management services!

How to Conduct a Tenant Walk-Through Inspection

The importance of an initial walk-through inspection with a tenant cannot be overstated. Apart from having the chance to document the property’s condition, you can take the opportunity to outline your expectations on how a tenant should take care of the property moving forward.

A property walk-through can significantly help to reduce the amount of damage you’ll have to repair thus keeping your property in great shape. Tenants will also have a better understanding of how the property functions and develop an appreciation for the importance of property maintenance.

In this article, we will discuss the different aspects involved in walk-through property inspections and how they can help you protect the value of your property.

Create an Inspection Form

The first step in a walk-through inspection is preparing a form that outlines all the specific areas of focus. The form should include all the rooms on the property and all of the elements in each room such as the floors, walls, ceiling fans, windows, doors, fixtures, etc. You can also leave some space for any additional items you might come across.

The inspection form should also include the condition of each of the appliances found on the property. Be sure to include some columns to input information such as the condition during the move-in and move-out inspections as well as the cost estimates for cleaning, repair, and replacement of damaged items.

creating an inspection form

Walk Through the Property with Your Tenant

The next step in the process is to schedule a walk-through with the tenant and any other individual mentioned in the lease. The purpose of this walk-through is to check on the property’s condition as well as to let the tenant know what is expected in terms of protecting the property’s condition.

The walk-through inspection is also a great opportunity to explain to the tenant the difference between property damage and reasonable wear and tear. This helps to ensure that you remain on the same page should repairs become necessary, thus reducing potential conflicts down the line.

Keep it Simple

It’s always advisable to keep things simple in a walk-through inspection. While going through every nook and cranny might seem thorough, you risk scaring the tenant into thinking that the property needs to be in absolutely perfect condition when the tenant moves out.

Going through unnecessary details could send the message that the tenant would be held accountable even for normal wear and tear. This could spook the tenant and might cause them to try and back out of the lease or not renew their lease when the time comes. A walk-through inspection needs to be short and concise and last for approximately 20 minutes.

taking photos and videos

Use Pictures and Videos to Document the Inspection

While taking notes is a great way to keep up with the property’s condition, pictures and videos can help to add more detail. Utilizing visual media in a walk-through inspection can significantly reduce the number of disputes related to the property’s condition.

A smartphone could come in handy when taking pictures and videos. One of the useful features is the time stamp which shows the exact date and time when the picture or video was taken. This can act as proof of the property’s initial condition if a dispute were to arise.

Though most tenants would not be intimidated when you start recording the walk-through inspection, it would help if you explain the reason for it. Also, be sure to back up the labeled files on a hard drive or on a cloud storage system for future reference.

Inspect the Property Before the Initial Walk Through

Before conducting the walk-through with a tenant, you need to go over every aspect of the property to ensure everything functions as it should. During this inspection, you should test every element so as to avoid any issues arising in the first few days of the tenancy.

By ensuring that every element functions optimally, you’ll be in a better position to establish a good relationship and build trust with the tenant. Test all of the appliances and fixtures such as sockets and faucets to avoid any surprises when you conduct the walk-through inspection with your tenant.

initial property inspections

During the walk-through inspection, go over the process a second time and request the tenant’s signature that everything is in good condition.

Give the Tenant Some Time

Though you may conduct a thorough inspection, some issues can only be noticed when the property is put to normal use. For example, a damaged kitchen cabinet might only get noticed when the tenant opens it to put away dishes. For this reason, you should give the tenant a few days to see if they might discover any additional issues that require repair. Be sure to document these issues in your notes as part of the initial walk-through inspection.

Stay Up-To-Date with the Landlord-Tenant Laws in Your State

In the state of California, the landlord-tenant laws determine what a landlord can and can’t do when a tenant moves in or vacates a property. The laws specify the amount of security deposit to be collected, the time period for its return, and the circumstances under which deductions can be made.

These laws can also determine who is responsible for certain repairs and how to proceed in a dispute relating to the security deposit. It’s therefore imperative that you understand these laws and the implications they may have on you as a landlord.

Conclusion

Walk-through inspections are completely necessary for you to avoid damage to your property and to reduce the number of disputes relating to the security deposit. A property management company can help you avoid common mistakes and identify issues that would otherwise go unnoticed.

At Home Choice Property Management, we understand what’s involved in property inspections and we strive to maintain your property in excellent working condition. Get in touch with us today for unparalleled property management services in Southern California.

Top Tenant Complaints and How to Solve Them

Many first-time landlords underestimate how much work goes into managing rental properties. There is a myriad of issues that can occur making the job more taxing. Among these issues are tenant complaints! Tenant complaints can arise in a variety of ways, ranging from maintenance issues to pest infestations and anything in between. How quickly and efficiently you’ll be able to address these complaints will make all the difference. 

If your tenant doesn’t feel that you’ve addressed their concerns, they will be less likely to renew their leases. High tenant turnover means fewer profits for you. That’s because you’ll need to spend more on advertising, marketing, and repairs and maintenance. 

Luckily for you, tenant complaints don’t have to derail your investment goals. The following are top tenant complaints and how you can solve them. 

Maintenance Complaints 

This is inarguably one of the most common types of tenant complaints. As a landlord, you have a responsibility to ensure your rental property is well-maintained; the law requires it. 

The state of California requires that landlords maintain their units to certain health and safety codes. If you aren’t able to meet them, your unit may become uninhabitable and your tenant may be able to exercise a number of legal options including:

  • Breaking their lease without penalty
  • Reporting you to a relevant government agency for action
  • Withholding rent until you have fixed the maintenance issues
  • Repair the issues themselves and then deduct the cost from future rent payments

maintaining your rental unit

What to Do? 

Once you receive a maintenance complaint, visit the property in person. This will allow you to get a better, first-hand, understanding of the issue so that you can plan accordinglyAs you plan to enter the unit, make sure to notify your tenant beforehand. California requires that landlords provide their tenants with “reasonable” notice prior to entry. 24 hours is considered reasonable. 

After examining the problem, find a solution right away. You’ll also want to let your tenant know that you’re sorting out the problem and provide them with updates if it’s an issue that will likely take more time. 

Noisy Neighbors 

Noise is also one of the top tenant complaints you’ll encounter when renting out your property. All tenants have a right to the “quiet enjoyment” of their rented premises. This means that your tenant has a right to the undisturbed use and enjoyment of their rented premises. This right is also implied. This means that it doesn’t have to be written down on the lease in order to be enforceable. 

What to Do? 

After receiving the noise complaint from your tenant, it’s your responsibility to have the matter sorted out. There can be financial repercussions should you choose to do nothing. That being said, as a landlord, you can only deal with a noise issue you can control. The following are steps you can take:

noise complaints

  • Identify the source of the noise – Is it coming from a neighbor who also happens to be your tenant? If so, let the tenant know that a noise complaint has been filed against them and should stop. 
  • Take action – If the tenant doesn’t stop the violation, consider evicting them. However, this can only work if you have a clear policy on noise guidelines. For example, if you have outlined the specific quiet hours or put a limit on the number of overnight guests. 
  • Choose the right type of flooring – The right flooring option can go a long way in minimizing sound transmission. Carpet and cork flooring make great options. 
  • Insulate the walls – Have you gotten multiple complaints about noise traveling between the walls of your rental property? If you have, it can be prudent for you to invest in wall insulation. 

Pest Infestations 

Pest infestations can make you lose good tenants faster than you can imagine. Just like unaddressed maintenance issues, pests can make your rental property uninhabitable. Therefore, you must take swift action to resolve the issue. 

What to Do? 

Did the pest infestation exist before the tenancy began or did it arise by no fault of the tenant? If so, it’s your responsibility to fix the issue if the infestation arises from the disrepair of the rented property. For instance, if rodents are accessing the unit through holes on floors or walls. 

pest control issues

Your tenant may also have a responsibility of fixing a pest infestation if they engage in certain actions such as failing to dispose of food properly or failing to clear the excessive mess. 

Pet Complaints 

The most common complaints about pets have to do with owners not cleaning up after them, barking, or aggressive behavior. 

What to Do? 

To address a barking dog, deal with the issue the same way you would a noise complaint. Start by identifying the problem, and try to find an amicable solution. But if the problem doesn’t go away, issue a warning to the tenant. You may also want to request the owner to remove the dog or else face eviction. 

To address complaints regarding messes, the first step to take is to bring the matter to the tenant. Let them know that a complaint has been lodged against them and need to rectify it. Again, if the issue doesn’t go away, start an eviction action against the tenant. 

When it comes to an aggressive dog, you’ll need to take immediate corrective measures. Remember, you have a responsibility to ensure your tenant’s safety. If it’s threatened, they can use that as a legal justification to move out if you fail to respond quickly.

If the aggressive behavior continues after written warnings, contact the city for action. Then, begin the eviction proceedings against the tenant. You might also consider conducting pet screenings prior to accepting pets into the rentals.

Summary

Tenant complaints are inevitable. As a landlord, however, it’s your responsibility to ensure they are addressed as quickly and efficiently as possible. But should you find this daunting, Home Choice Property Management can help. 

We are a full-service property management company ready to assist you in managing your rentals and maximizing your ROI. Contact us today to learn more!

renting out your home

Renting Out Your Home in Anaheim: Everything You Should Consider

So, you’ve just become a rental property owner in Anaheim. If you did everything right, you’re now on your way to earning passive incomes for generations to come. That said, owning a property is one thing, managing it is another. And how you do the latter can make all the difference in how it performs. 

The following are a few things you should know about renting out your Anaheim rental house. 

Know What is Expected of You

Under a typical lease agreement and landlord-tenant laws, being a landlord comes with a bevy of responsibilities. And they aren’t optional, needless to say. Besides the usual rent collection, the following are just some of the other responsibilities you’ll have:

  • Abide by all tenancy laws, from security deposit rules to the Fair Housing rules 
  • Respect your tenant’s privacy
  • Respond to maintenance requests promptly even when they are made at odd hours of the night
  • Enforce the terms of the lease or rental agreement
  • Treat tenants fairly on all matters

Prepare the Home for Occupation

Habitability laws require landlords to provide a livable home that meets all the basic safety and health codes. What’s more, making a home desirable ensures that it not only attracts the right tenants, but it also retains them. 

renovations to make property rent ready

The following are some tips to help you get your home ready to rent:

  • Inspect the home thoroughly – Address all potential problem areas. Such areas may include burnt-out light bulbs, clogged gutters, leaky faucets or pipes, and roof leaks. 
  • Check safety feature – The responsibility of ensuring a tenant’s safety also falls on the landlord. Check to see that smoke and carbon monoxide detectors are in good condition and install a fire extinguisher in the kitchen and other areas of the home. 
  • Clean the home thoroughly – A dirty home is sure to turn any quality tenant off.  Clean the blinds, windows, floors, and other areas as well. You may even want to shampoo the carpet to get rid of dirt and any odors. 
  • Evaluate the appliances – If you’ll be providing appliances, then ensure they are clean inside and out. Also, replace outdated ones with new and energy efficient ones. 

Remember to hire professional services wherever possible to ensure that these tasks are done properly. 

Protect Your Home with a Legally Binding Agreement

No matter how good a tenant may be, no one will care for your property more than you. That’s why it’s important to require prospective tenants to sign a lease agreement prior to moving in. 

 

A good agreement helps set expectations, which helps minimize conflicts and misunderstandings. The following are some questions a good lease should answer:

  • What is the dollar amount of rent and when does it fall due? Also, how long is the grace period and are there any late fee charges?
  • Will you allow tenants to make property changes?  For instance, can tenants paint the rental a color of their choosing?
  • What must a tenant do in order to get their security deposit refunded?
  • How long is the lease term? 
  • What responsibilities does a tenant have in regards to maintenance? 
  • Will you allow tenants to keep pets in the rental property? If yes, are there any restrictions? 
  • Will you allow smoking in the rental premises? 
  • What may happen if a tenant breaks their lease agreement? 

Determine the Rental Amount

This process is a delicate balancing act and one mistake can turn out to be costly to your bottom line. For instance, if you overprice the rental property, that can result in it being ignored by prospective tenants. However, if you underprice it, you’ll be missing out on passive income. 

Now, there are a couple of ways in which you may be able to determine the right rental value. The first method is simple, find out what similar properties in the neighborhood are renting for. 

The other method you can use is the 1% rule. This is an economic theory saying that the amount of rent you charge should fall somewhere between 0.8% and 1.1% of your home’s market value. 

calculating rental prices

Lastly, you may want to consider hiring professional management services as they’ll be able to assess the market value of the property and advise you on the accurate rent price to charge. 

Understand Tenancy Laws

In California, the following are a couple of landlord-tenant laws you’ll need to properly acquaint yourself with prior to renting out your home:

  • Landlord entry rules – As a landlord in Anaheim, you’re prohibited from entering your tenant’s property as you like. Not only are you required to provide “reasonable” notice, but that the reason for the entry must be reasonable. 
  • Security deposit rules – California state law does limit the amount of security deposit a landlord can collect from their tenant. The limit ranges between the equivalent of one- or two months’ rent depending on whether the unit being rented out is furnished or not. 
  • Fair Housing laws – Landlords also have a legal responsibility to treat their tenants with respect and fairness in accordance to the Fair Housing Act. Protected classes include race, color, nationality, gender, disability, and familial status. 
  • Warranty of Habitability – As a landlord, you have a responsibility of ensuring your property is up to code in regards to health and safety. 

property laws in California

Hire a Property Management Company

Being a landlord comes with many duties, that’s why many property owners choose to hire an experienced property management company to manage their rental units. Hiring one that offers a full-service property management service will ensure you achieve peace of mind and optimal ROI. 

Summary

Being a landlord in Anaheim can be lucrative. However, you’ll need to put in time, money, and energy to make it happen. Alternatively, you can hire a reputable property management company to handle everything for you, from filling the vacancies to maintaining them to collecting rent.

Home Choice Property Management is a qualified property management service provider in Southern California. Get in touch with us today to learn more about our services! 

fair housing laws

California Fair Housing Act: An Overview

As part of the landlord-tenant laws in California, landlords are required to treat their tenants with respect and fairness. Enacted by Congress in 1968, the goal of the Fair Housing Act is to eliminate housing discrimination when it comes to the renting and buying of homes. Mortgage lenders are also not an exemption. 

If you are a landlord and want to learn more about the act and your responsibilities under it, keep on reading. 

What Led to the Passage of the Act by Congress? 

As already mentioned, the Fair Housing Act (FHA) was passed by Congress in 1968. Before the passage of this act, two attempts were made to stamp out housing discrimination. The first attempt was the Rumford Fair Housing Act. The author behind the act was W. Byron Rumford, an assembly member of the California Legislature. 

The California Legislature passed the Rumford Fair Housing Act to help end racial discrimination by property owners and landlords who refused to sell or rent their property to people of color in 1963. 

The second attempt at ensuring fair housing was made a year later with the Civil Rights Act. It was first proposed by President John F. Kennedy and was signed into law by Lyndon B. Johnson, Kennedy’s successor. 

The act outlawed housing discrimination based on race, religion, color, or national origin. It also gave federal law enforcement agencies the power to prevent racial discrimination in voting, employment, and the use of public facilities. 

fair housing laws in California

But the Fair Housing Act of 1968 was the groundbreaking piece of legislation that brought real change in matters of housing discrimination. First introduced in the U.S. Congress in 1966, its goal was to protect people from discrimination in housing matters. 

At first, it only prohibited discrimination based on four protected characteristics. That is, race, color, religion, and national origin. Sex was added as a protected characteristic in 1974. 

Another amendment was made in 1988. Signed into law on September 13, 1988, the Fair Housing Amendments Act (FHAA) became effective on March 12, 1989. The act amended Title VIII of the Civil Rights Act of 1968 to add more protected characteristics: disability and familial status. 

So, in total, there are 7 protected characteristics at the federal level. That is, race, color, religion, sex, disability, familial status, and national origin. Some states, including California, have also passed legislation to add more protected characteristics to the list. 

What are Protected Characteristics in the State of California? 

According to the California Department of Fair Housing, the protected characteristics are as follows: 

  • Race – It’s illegal to discriminate against a tenant based on their race. Therefore, a person’s race shouldn’t factor when it comes to renting a property. 
  • Color – It’s illegal for landlords to discriminate against a tenant based on their skin color. 
  • Religion – A landlord cannot refuse to rent to someone based on the tenant’s religious beliefs. 
  • Medical Condition – It’s illegal to discriminate against a tenant based on their medical condition. Including, history or record of cancer or any genetic characteristic.

ending housing discrimination

  • Marital Status – Whether a person is married or single, you have a responsibility to treat them equally without discrimination. 
  • Gender – Under the Fair Housing Act in the state a person’s gender cannot be a determining factor in whether or not they are suitable to rent the unit. 
  • Sexual Orientation – This protection is primarily intended for members of the LGBTQ community.

Other protected characteristics include disability, age, genetic information, ancestry, and national origin. 

What Types of Homes Does the Fair Housing Act Apply to? 

The Fair Housing Act applies to all types of housing that are either rented, sold, or leased. This, therefore, includes properties such as apartments, condominiums, single-family homes, mobile home parks, and even homeowners’ associations. 

But are there any exceptions? Yes, there are. In very limited circumstances, the Act exempts private clubs, religious-operated organizations, single-family homes rented or sold by the owner without agency services, as well as owner-occupied buildings having less than 4 units. 

How Can Landlords Discriminate Against Tenants? 

The following is how discrimination in housing can occur:

  • Running rental ads that contain discriminatory language. For example, “Ideal for Single Professionals,” or “Suitable for a Female Student.” 
  • Asking illegal questions during the tenant qualifying process. For example, “Is that a service dog,” “How many children do you have,” or “Where are you originally from.” 
  • Using a different qualifying standard based on the race, color, or another protected characteristic of a tenant. 

discriminatory rental listings

  • Treating tenants differently based on a protected characteristic. For instance, responding to maintenance requests quickly for male tenants but not for female tenants.
  • Terminating a tenant’s lease for discriminatory reasons.
  • Saying your unit is not available for renting when it actually is. 
  • Steering a tenant away from a section of a community or neighborhood. 

What Rights to Disabled Tenants Have in California? 

First and foremost, in California, a disabled tenant has the same rights as every other tenant. As such, disability shouldn’t factor in a landlord’s decision. The following are some of the things you should know as a landlord:

  • It’s illegal to ask discriminatory questions. For one, you cannot ask about the severity of a disability. In addition, it’d be illegal for you to inquire about a disabled tenant’s medical records. 
  • You have a responsibility to honor reasonable requests from a disabled tenant. 
  • Your disabled tenant has a right to make reasonable modifications to their unit. 

Summary

There you have it! Everything you need to know about the state’s Fair Housing laws. As a landlord renting out a property, you also need to ensure that you understand landlord-tenant laws, the legal eviction process, security deposit laws, leasing regulations, and more. 

Do you have questions regarding property management? Home Choice Property Management can help! We are a trustworthy property management company that can help you in all aspects of property management. Get in touch to learn more!

Disclaimer: This post should not be used as a substitute for professional legal advice. If you need legal assistance please contact a licensed attorney. 

California squatting laws

Squatting Laws in California – An Overview

A squatter is someone who takes up residence in someone else’s property. Usually, such a property is either abandoned, foreclosed, or unoccupied. And without having lawful permission, a squatter will live in such properties rent-free. 

In California, a squatter has rights and can own property by adverse means if they meet certain requirements prescribed under the state’s Adverse Possession laws. 

The following is a basic overview of the squatting laws in California. As a landlord, knowing this information should help you know how to prevent and remove squatters from your property. 

What Are Squatters Rights in California? 

Squatters’ rights are a form of Adverse Possession. Every state in the country has unique requirements that squatters must meet to make an adverse possession claim. In the state of California, they are as follows. 

1. The squatter must have a physical presence on the property. 

Besides actually possessing the property, they must also treat it as if they were the real owner. The following are a couple of things that can constitute actual possession: 

  • Landscaping
  • Property improvements, such as fencing
  • Property beautification, such as putting pavements and planting trees and flowers

2. The squatter must not attempt to hide their identity. 

Another requirement a squatter must meet under Adverse Possession laws is making their occupation obvious. It should be clear to anyone that they are the ones occupying the property. 

Even the actual owner making their investigations should be able to tell that there is a squatter on their property. 

3. The squatter shouldn’t share their possession with anyone else. 

The squatter’s possession of the property must be exclusive to them. They shouldn’t share the property with other strangers, tenants, or even the owner. If they do, their claim to own the property adversely would fail. 

4. The squatter must prove that they have occupied the property for at least 5 uninterrupted years. 

‘Uninterrupted’ here means that the squatter shouldn’t have at any time abandoned the property. The entire length of 5 years should be continuous. This means that a squatter cannot abandon the property, then return to it later to make an adverse possession claim. 

5. The possession of the property by the squatter must have been hostile. 

Contrary to the typical meaning, ‘hostile’ takes a different definition from a legal perspective. It can be defined in three ways:

  • Simple Occupation – It defines ‘hostile’ as a mere occupation of land. The squatter doesn’t have to know that their occupation constitutes a trespass. 
  • Awareness of Trespassing – The rule requires that the squatter know their use of the property constitutes trespassing. 
  • Good Faith Mistake – This defines ‘hostile’ as an occupation of property through an innocent mistake. The squatter may have relied on an incorrect deed. 

6. The squatter should show proof of tax payments. 

While some states don’t require this under Adverse Possession, this isn’t the case in California. To obtain the property’s title, the squatter must be the one paying the taxes, fees, and bills required to maintain the property. 

squatting laws California

If the squatter hasn’t been doing so, you may have the right to legally evict them from the property as they’d have no rights to file an Adverse Possession claim. 

How to Get Rid of Squatters in California 

California is a landlord-friendly state when it comes to squatters as long as you haven’t abandoned it. 

To begin with, a squatter may only be able to file an adverse possession claim if the property has been vacant. If someone else has been living on it, then the squatter may be committing criminal trespass. 

When it comes to removing squatters, there are a couple of ways you can go about it. Of course, the first step would be to simply ask them to leave. The other way is to begin formal eviction proceedings against them. 

You must begin this process by serving them a 3-day notice to leave. If they don’t leave, you can move to an appropriate court and file an unlawful detainer suit. Make sure to seek help from either a qualified attorney or an experienced property management company when doing this. 

Without a legal right to occupy the property, odds are that the squatter won’t put up a fight against their eviction. Thereby, the court will most likely rule in your favor.

How to Prevent Squatters from Entering Your Property 

There are some steps you can take to prevent squatters from entering your California property. The following should get you started:

  • Make regular inspections of the property – During these inspections, check to see that everything is working as it should, and keep a record of everything including both photographic and video evidence. 

squatting rights California 30 days

  • Decommission all utilities – A property that has no working utilities is far less appealing to a potential squatter. 
  • Install an intruder alarm – This will deter squatters and alert you of a break-in attempt. 
  • Block all possible areas of entry – This should include windows and doors. You can even go a notch higher and fit windows with steel and anti-tamper fixings to strengthen their defense level. 
  • Put up ‘No Trespassing’ signs – This essentially means ‘Keep Out, this is Private Property.’
  • Consider renting out the property – If you are leaving town for an extended period, then consider renting the home out. Not only will you not have to worry about squatters, but it also means opening up another income stream for you. A good property management company will help you find and retain a reliable tenant. 

Summary

Understanding squatter’s rights and laws will help you better protect your property and therefore your investments. You should also ensure that you’re up-to-date on the landlord-tenant laws in the state, security deposit laws, and more. If keeping track of these laws and increasing your property’s security systems seems daunting reach out to a reliable property management company. 

Home Choice Property Management can help! Strong leadership, experience, and exceptional service make us the best choice for managing your property. Get in touch today to learn more about our services.

Disclaimer: This post is not meant to be a substitute for professional legal advice. If you have questions or need help please contact a licensed attorney or a property management company. 

reasons to invest

Reasons to Invest in Anaheim Real Estate

Are you looking for new investment opportunities? Real estate investing is a very fruitful option! 

Investing in California can be a little intimidating since it’s viewed as being relatively expensive especially for new investors. However, the benefits of real estate investment keep attracting new investors daily. California offers high rental rates and also has some of the highest return rates in the United States. 

Some of the factors that heavily influence California real estate include low housing stock, strong demand for property, and its reputation as a hub for tech and business ventures. The good weather also works in investors’ favor as people can live in the area comfortably. 

Having real estate in California is a good investment option, and particularly in the Anaheim region. Anaheim real estate offers a variety of options to investors. In this article, Home Choice Property Management provides you with several reasons why you should invest in Anaheim.

Top Reasons You Should Invest in the Anaheim Area

Very Affordable 

As an investor, the price is often the main factor that will determine the type of property you invest in. The good thing about Anaheim is the affordability and diversity of real estate. 

The area is more affordable than neighboring regions such as Fullerton that have the same amenities and convenience. It has even been said that Anaheim is one of the most affordable places to buy real estate in Orange County. 

The real estate market is also favorable to various types of investors, from first-time homebuyers or rental property investors.  

investing in Anaheim real estate

Great Neighborhoods

In addition to the great housing values available in Anaheim, there are also several exceptional neighborhoods in the area. Whether you’re looking for a neighborhood with adequate walking and outdoor spaces, great schools, or a relaxing atmosphere, the city has many neighborhoods to suit your needs. Some of the top Anaheim neighborhoods have been discussed in brief below. 

  • Anaheim HillsThis notable neighborhood is located in the east. It’s a luxury neighborhood with several architectural beauties. The neighborhood also enjoys a high security rating and has several highly rated public schools. This area is admired for its city views and good quality of life. This can be attributed to the availability of several family amenities. It’s however important to note that the neighborhood is a little more expensive than other neighborhoods in Anaheim.
  • Platinum TriangleThis is an up-and-coming region that stands out from the surroundings of the Honda Centre and Angel stadium. It’s a neighborhood that is experiencing a transition from commercial and industrial space to incorporate a mix of high-density housing. The area is mainly comprised of young professionals and has a more relaxed feel to it. Most of the properties in the region are newly constructed condos and apartments.
  • The ColonyThis neighborhood is also known as Anaheim’s historic district, is filled with beautiful trees and well-kept vintage-inspired architecture. The neighborhood offers residents a nice community with plenty of local activities. The neighborhood is also home to several rated public and private schools.

property investments in California

High Demand for Various Property Types

As you have seen from the neighborhoods above, different areas attract different demographics. To add, each segment of the population will need different types of housing with specific amenities and features. Thankfully, Anaheim offers diversity in terms of property needs. 

Whether it’s a condo, single-family home, or apartment, there are plenty of properties to choose from. All come with varying price tags, depending on the location, the amenities, and demand for that type of housing. That being said, the properties can generate a steady stream of income for their owners and have a great return on investment.

Numerous Activities

Anaheim is a vibrant city that offers a number of activities for residents to enjoy. Some of the activities include seeing a concert at Honda Centre, catching a baseball game at the Angel Stadium, or trying some of the local eateries. It’s also great if you looking for a fun night out at there are several trendy bars and breweries and live concerts.

These and many other activities help keep the city alive and vibrant all year long. The busy city also aids in the growth of the economy and therefore boosts the rate of return on properties around the area. 

activities in Anaheim CA

Great Tourism Market

The excitement and warmth of the city attract many visitors yearly. Some of these visitors later become residents because of their love of the area. As an investor, you may decide to invest in short-term rentals like Airbnb’s due to the substantial number of annual tourists. 

Tourists today no longer want to stay in expensive hotels. They are looking for a more cozy and inviting touch when they visit an area. Airbnb’s has grown to become a huge and profitable real estate business. Investing in Anaheim offers you the chance to explore this business arena due to its great tourism market.

In Conclusion

Anaheim is a great place for any real estate investor. With research and a proper strategy, you can enjoy the great benefits of being one of the city’s investors. The reasons above are just a few of the many examples of why you should consider Anaheim as a place to make your real estate business come to life. 

For more information on the various prospects available to you as a potential real estate investor, call upon the experts at Home Choice Property Management. We operate from the city of Anaheim in Southern California and have been offering full management solutions to property owners in Riverside County, Long Beach, and Orange County for the past 10 years. 

Top Tips When Buying Investment Property in Anaheim

Are you thinking of buying an investment property in Anaheim, CA? 

When you decide to invest in real estate, you allow yourself to enjoy financial growth in the future. Taking the steps to buying a rental property will open you up to additional and steady earnings every month. You can even further increase your wealth portfolio using this strategy.

Anaheim is considered one of the forerunners in attractive housing markets in California. Its economy is stable given that its industries participate in manufacturing, healthcare, retail trade, and business services. Furthermore, tourism drives the economy. It’s advisable to invest in single-family rentals and vacation properties in Anaheim due to the strong rental demand.

If you’re new to the world of investing, you can use the following tips to take maximize your rental investment in Anaheim. Owning a rental home can have a significant effect on your financial growth. However, to be successful you must do your research.

In this article, we at Home Choice Property Management will talk about the basics of investing in a property in Anaheim. You can use these recommendations to ensure that you get the most out of your investment property.

What Is the Anaheim Real Estate Market Like?

In Anaheim, the real estate market is ever-shifting due to the continuing development of the city. Backed by economic sectors that continue to flourish, the area exhibits a strong rental demand. This is good news for property owners as it can lead to reduced rental vacancies and a steady stream of income. 

 

investing in Anaheim California

Anaheim’s increasing rental prices show that the future bodes well for rental investors especially for those who purchase single-family homes and rentals designed for tourists. For real estate investors, data reveals that over half of the residents in Anaheim are renting making the rental market healthy. 

Rental homes are needed for different income brackets. People constantly move and strategic rental owners can capitalize on this opportunity. They can generate profit from renting out their Anaheim homes and continue to grow their property portfolio.

Top Tips for Real Estate Investments in Anaheim

Find Properties in Your Price Range

First, an investor must take time to learn what property type to look for. You can invest in single-family dwellings or vacation homes.

Next, you need to know your price limit. When you’re clear on your budget, your search becomes more focused. You’ll only narrow your choices in the market to what you can afford. This saves you plenty of time and effort.

Note that the price of the property isn’t the only expense you have to account for. You also need to factor in taxes, closing costs, potential mortgage, and HOA charges. These costs can quickly add up and reduce your available fund for the property purchase in Anaheim.

Consider the Benefits of a Property Management Company

New investors can be blindsided by the exciting adventure of owning a rental unit. They may fail to consider the level of responsibility associated with being a landlord. These responsibilities only become more daunting when one owns more than one rental space.

property management companies

As a landlord, you must present a habitable Anaheim rental home at all times. You’re expected to be responsive to property maintenance requests and coordinate repairs if damages occur. When urgent situations inevitably arise, you must be prepared to deal with them. What’s more, common tenant complaints such as noise and privacy issues will come up and you’ll be required to address them.

Managing a rental on your own is a full-time job with high expectations. If you’re unable to handle the significant sacrifice of time and effort then it’s best to hire a professional property management company. The right company will be able to cater to your needs and at the same time, deliver outstanding customer service to your tenants.

Opt for High-Rent Neighborhoods

Property investments can rapidly multiply your income as you generate additional earnings from collecting rent. It will serve you better to always be on the lookout for profitable neighborhoods in Anaheim, California. If you want to earn back your ROI quicker, you must find a rental unit where the rent collected is higher than the average.

Aside from that, when calculating your Anaheim rental’s preliminary costs, avoid losing sight of the budget you need to create to improve and enhance your rental property.

Crunch the Numbers

Avoid signing real estate purchase contracts on impulse. Take time to calculate the numbers using several scenarios. It’s advisable to start with conservative figures. If your initial projections are too high then you might over-invest thinking that the income you’ll get will cover you. 

buying an investment property

Note that markets go up and down so modest calculations are recommended. You don’t want to find yourself in a position of having a long vacancy period and no safety net. 

Find the Right Neighborhood

Conduct a comparative market study between the present and past months. Look at the data presented by similar properties in Anaheim. When you do this, you get a better grasp of where the market is headed in the near future.

Do continuous research. Find out about new infrastructure being built and expanding real estate ventures. This points to further growth which bodes well for your current and future investments.

In a Nutshell

When you invest in real estate in Anaheim, begin by assessing your price range then look for high-rent neighborhoods. Next, crunch the numbers and determine if you’re investing in the right neighborhood by remaining keen on the developments in the area. Lastly, hire a reputable property management firm in Anaheim that can oversee your rental investment when you have minimal time on your hands to run the rental business.

Get in touch with the experts at Home Choice Property Management today to learn more about our management services!