Here is a great Info-Graphic by: Jacob Grant regarding How To Be A Successful Landlord.
I strongly agree with most of these property management tips, especially the following:
#1: Use lease targeting: It is always a good idea to have leases end in the spring/summer months. Think about when an ideal time to re-rent a home in Nevada County, that is when the lease should end.
#2: Treat your rental like a business: If I had a dollar every time I told my Nevada County rental property owners this exact statement, I’d be rich. Regardless of if you’re choosing to rent to friends/family, you should always treat your investment property like a business, because it is!
#3:Screen out the bad tenant: There are TWO secrets to being a successful landlord, or running a successful property management company: 1. Quality Screening and 2. GOOD communication. If you have a quality tenant in your rental, everything else just works.
Keep reading to find out more tips on How To Be A Successful Landlord in Nevada City, Grass Valley, Penn Valley, Auburn, Colfax and surrounding Nevada County and Placer County, CA areas.
