How to Prepare a House to Rent in Murrieta's West Side & Nearby
--For more on "How to rent in Murrieta's West Side," call local broker/owner Frank Delzompo at 951-326-7330, property manager in Murrieta and surrounding areas.
As a landlord, you have to provide a safe and not unhealthful home for your tenants. Plus, an updated and clean home will also allow you to charge rent at the higher end of the market in Murrieta. When looking to update and repair a house for rent, here are some tips:
2. Change Your Homeowner's Insurance
Call your insurer and let them know you will rent out the house in Murrieta's West Side and nearby areas. It is typically more than if you were remaining in the home.
You can do research on Realtor.com, or rental home sites all around the internet, call on "for rent" signs in the neighborhood, etc., to figure out what rent your Murrieta house should garner. Or, your property manager can help you by pulling up rental listings for homes near yours, as well as have current experience in the Murrieta rental market as to what a 3, 4, 5 or 6 bedroom home in Murrieta's West Side will rent for; Frank routinely gets the high end of market rent for a townhome we own, about $200 more per month than the townhome next door. How? He knows the market, he's in the thick of tenants calling in need of housing, and he's constantly turning over inventory and putting in new tenants. What are the top amenities of each particular unique property? That'sa specialty of Frank's, and finding the tenant to whom those amenities matter. To the right is an image of rents for Murrieta homes rented by Frank at Sand to Sea Properties. You may call Frank at 951-326-7330.
4. Decide Who Will Manage the House You Want to Rent Out
The upside of renting out the house yourself is, you save yourself the money that you would pay a property manager. You figure out how to find a tenant, what lease to use, what terms to write into the lease in addition to the ones that are standard, what disclosures to give, how to document the condition of the property, whether to consider all rental applicants or just one at a time, etc. You take care of calls from the tenant for repairs or problems: gushing water pipes, hole in the wall, water heater or AC not working... they call you and you figure out who can repair it, coordinate entry with the tenant, supervise the work and pay the bill. And, finally, you figure out how to chase the rent if the tenant doesn't pay or doesn't pay on time or breaks the lease. Do you have the time to research and handle all of these items?
Or, you hire all these functions out to a property manager. What do they charge? Most management companies charge half or more of a month's rent just to place a tenant, and then 10% of the gross rent collected each month. Frank at Sand to Sea Properties charges somewhat less: call for his current fees. He likely will cut you a military or family discount if you mention this blog post.
What does a property manager do inMurrieta's West Side and nearby areas? A local Murrieta management company like ours has experience and a procedure to follow to:
For a free, no obligation consultation regarding how to rent a house in Murrieta's West Side and nearby areas, please feel free to call Frank at 951-326-7330. You can see more about Murrieta home rentals and property management at our website, Sand to Sea Properties.com. And we're here as well to help with buying and selling a home in Temecula's Harveston and nearby areas.
Lisa Delzompo (951-704-4559)
"May your home always be too small ... to hold all your friends!"
CA Dept of Real Estate, Real Estate Broker License #01379811;
NMLS Identifer #331744
REAL ESTATE: www.SandToSeaProperties.com. Covering northern San Diego, Oceanside, Temecula, Murrieta, Riverside County and desert areas of Yucca Valley, Joshua Tree and Twentynine Palms, CA.
LOANS: PRW Lending, Inc. Call direct 951-704-4559, or email me at lisa(@)sand2sea.us
Information is deemed reliable but is not guaranteed. Information is general and may not address your particular situation. Do not rely solely on this or any information you find on the internet. You should consult relevant professionals directly about your real estate, financial, etc., situation.