Choose Your Landlord Before You Choose Your Rental Part 1

a) A Property Management Company offers stabilityb) A Property Management Company is regulated by Fair Housing *c) A Property Management Company can offer programs likeSTAY & SAVE $$ Ask About It!d) A Property Management Company must be licensed with the CA Dept of Real Estate.

*Owners of 3 rentals or less or owner occupied 4 plexs are exempt from Fair Housing Laws. Why? Who knows. However, I suspect when the law was written some lawmakers owned a couple of rentals and they wrote the law to exclude them from the complying.

I attended a Fair Housing class to get a refresher of the current laws. The attorney giving the class had a Q & A after her presentation. My question was "do you police mom and pop owners or only property managers?" She admitted that it is difficult to identify and check on single property rental owners. This means to the renter that violations of Fair Housing will go unchecked and they are exempt anyway. It is best the select your landlord before you select your rental. Rent from an established rental company.

We have information that may assist in your shopping for a rental. Our listings can be found on the main menu. We have a printable application which is the first offering on the tenant page. We also have a on-line application with payment application through paypal.

Also included helpful answers and our special programs only offered by us.

Printable Rental Application

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Shopping Tutorial For Home Rentals

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Stay & Save $$ Rental Program ®

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Questions To Ask a Landlord Before Renting

1. HOW LONG WILL THIS RENTAL BE AVAILABLE?

Owner maybe a reluctant landlord. A reluctant landlord is only renting because they can’t sell, or needs income while it is in foreclosure. With the government 90 day moratoriums along with banks slowing the rate of foreclosure. Sellers will pocket the rent since they are paying the mortgage. This becomes a great cash flow generator. Eventually you will have to move.

2. ARE YOU PLANNING TO DO A LOAN MODIFICATION OR SHORT SALE?

If successful-no problem, but if not than what? If a short sale - what happens if they are successful? Will you be asked to move?

3. HOW DO YOU FEEL ABOUT MAINTENANCE?

Most owners are experiencing a negative cash flow. The rent usually doesn’t usually cover the mortgage payment. They may not have the funds or may be reluctant to spend any more out of pocket money.

4. DO YOU HAVE PROOF YOU ARE THE OWNER?

Due to all the vacant properties, trespassers are breaking into these empty houses and changing the locks. They then pretend they are the landlord take your cash and give you the keys. They then disappear. The new owner will discover you someday and since you may not have a lease may be considered a trespasser.

Certified Rental Program ®

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