Because You Don't Need A Vacancy In A Rocky Real Estate Market...
We have managed Rentals For Almost Two Decades - And what we see is that this is CONSISTENTLY one of biggest failings of most landlords.
What is it?
Failing to prioritize lease renewals as a critical, top-level business priority.
It seems so simple, but landlords are so busy that they fail to realize the simple truth that KEEPING renters is both easier and more profitable than FINDING renters.
And in such uncertain times, many go broke because of it!
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...& NOT being forced to do all of THAT to find new renters!
Are you the kind of person who would rather take action to improve your business now and for the future?
Or are you too busy reacting to your current business and properties to make an investment to improve its legal & lease protections?
Price it too high, you risk lost rental income and a long gap in occupancy. This KILLS your profit and loss statement. Price too low, and you lose rental margins for YEARS, especially considering the NEXT question...
An ongoing wildcard for all but the MOST up-to-date and legal-savvy landlords. It's well-known that California is a renter-favored state. Do you know enough to make sure you don't run afoul of the changes?
Too many landlords have NO IDEA about the answer to this question. And it means that you are at MAJOR RISK if you get it wrong. But learning to deal with this and stay up-to-date with all new legal codes means MASSIVE TIME SPENT trying to figure it all out!
We all love being able to know that our renters are happy. We want everything under control and smooth. But there are inherent risks in operating rental properties
It always brings to mind one of the most famous movie quotes of all time...
And the very simple, black-and-white TRUTH is that if you, as a housing provider, don't get those factors HANDLED and UNDER CONTROL...
Then your bottom line - and your bank accounts - can quickly flatline to zero.
There's no question that the pandemic wreaked havoc on America’s rental markets.
And the recent unveiling of the NEW federal "Renter's Bill of Rights" has policy-makers scrambling.
(Dare we say, salivating?!)
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How much will it cost you if you ignore this and lose out right now?
It's TRUE!
The #1 reason why tenants renew is because they have a responsible and responsive Housing Provider who takes care of the property, manages repairs promptly, and is able to spend the money to do all of that!
There's a term for NOT doing all of this: Slumlord. Don't be that person.
Make the choice to be a responsible housing provider - and that means you MUST keep up with INFLATION in order to AFFORD to maintain your rental and provide great service.
And THAT is what keeps renters in place for YEARS - along with their regular payments!
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Need more than what this service provides? Full property management services from Foundation Homes can include additional premium services such as full tenant and lease negotiations, and MUCH more, for the highest level of peace of mind. Get in touch to inquire if you think this could be a good fit for you!
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We have only experiences on our mind, we leave the details to the experts [at Foundation Homes]. I can now focus on the much more important things in life --- like let’s find another mountain to climb.
Having Foundation Homes to deal with these issues has changed my life! I can’t think of a way that you could be anymore awesome than you are. 5-stars!
Yesterday's session was incredible. Nobody knows this stuff like you do. This is invaluable.
Now I worry about my golf score and how I will fix my slice [since hiring Foundation Homes].
© 2023 Foundation Homes - All rights reserved
CA DRE LIC #: 01885922
*Satisfaction Guarantee covers: Most updated California Association of Realtor Lease document and the following addenda: **Lead Based Paint, **Mold Addendum, **Asbestos Disclosure, Carbon Monoxide Disclosure, Pet Agreement, Water Heater and Smoke Detector Disclosure, Move-In and Move Out Form and ***Housing Provider Protection Additional Terms Addendum available at the time of purchase.
**Housing Provider is responsible for disclosing anything material relating to previous Mold issues and air quality tests as well as any known location where there is Lead Based Paint, Asbestos or any other Material Hazards to their Resident.
*** Housing Provider Protection Additional Terms Addendum is a guideline for additional protections for a Housing Provider and is not represented as a legal document. Housing Provider is responsible for reviewing to ensure sure that it is compliant with their local laws and legislation.
Renewal Lease service is intended for California Based rental properties only. Renewal lease service is being performed under the license of a California Real Estate Broker. Broker is not an attorney or CPA and therefore cannot give legal or tax advice. Housing Provider is responsible for researching local laws and legislation to ensure that any modifications of terms, including but not limited to, rent increases and lease terms are in compliance with all local and state laws.
© 2022 Company Name - All rights reserved