Rental Property in Monterey County: July 2014

Friday, July 25, 2014

New Property for Rent

http://www.montereypm.com/properties-for-rent/

Large Shop on Lighthouse Above Cannery Row
623, Lighthouse Avenue, Monterey, California, 93940
$3,600

According to the Transportation Agency for Monterey County’s 2011 Bicycle and Pedestrian Master Plan the city of seaside has the highest amount of bike commuting on the Monterey Peninsula. The numbers are projected to continue to grow in the coming years.

The city offers many amazing amenities that are conducive to biking and cycling. The easily accessible bike path runs along the bay from Castroville to Pebble Beach cutting through Seaside. The terrain is primarily flat with an easy slope to the top of the hill. Seaside is also close proximity to local hotspots, tourist attractions, and work destinations. The city is perfectly suited for bikers traveling for work or fun. Click to Read More…

Tuesday, July 22, 2014

WHY YOU SHOULD HIRE A PROFESSIONAL TO FIND YOUR TENANT

Here is a list that details some of the benefits of hiring professionals to help with tenant placement. It touches on nine of the main focal points of tenant placement and hopefully provides some quality food for thought.

Reducing Work Load is definitely one of the strongest benefits for using a property management company for tenant placement. Most landlords have high demand lives, and don’t have the necessary time to properly place a tenant. Whether you spend your time focused on your career, having quality time with your family, or relaxing on vacation, you shouldn’t have to pull yourself away to worry about vacancy rates. Let a property management company field the phone calls, schedule appointments, show the unit, gather applications, screen applicants, and handle paperwork. You’re able to choose a tenant without wasting countless hours. With all the busy work eliminated you will be able to spend your time more efficiently on the things that matter to you.

Thorough Screening is the most important step to renting an apartment. The wrong tenant can cost you years of rental income with evictions, lawsuits, unpaid rent, and damages to the property. Going through a professional company dramatically reduces the risks of ending up with a nightmare tenant. Most Property Management companies will have an ongoing relationship with professional screening organizations. Checking credit, evection history, criminal history, rental history, debt to income ratio, income vs rent ratio, identity verification, and employment verification are just a few of the key aspects that need to be taken into consideration when selecting a tenant. You can make sure you have all the pertinent information by going with the professionals.

Cross Selling Other Units and Pre-approved Applicants are a very effective way of renting niche houses and apartments. If you have a 3 bedroom, cat friendly apartment in a specific school district, a professional property manager might have a list of pre-approved applicants on file waiting for that specific property. The fee that you pay the property management company to do all the work could be much less than having the apartment sit open.

Click here for more

Thursday, July 17, 2014

How to Find a Rental Fast in Monterey County

The rental market in Monterey County is very competitive, especially during summer months. DLI, NPS, CSUMB, MIIS, and MPC all have new classes moving during the months between May-August. Add to that any families relocating to the coast or wanting to move school districts and you have a recipe for a hectic rental market.

We decided to make these 7 steps to help tenants seek the best solutions for finding rentals during these summer months.

1.) Use All Of the Rental Websites

Monterey County landlords rely primarily on craigslist.com for renting their properties. However, Craigslist is becoming less reliable as time goes on. There are numerous scam advertisements and they have not set up a system in order to overcome these con artists.

We recommend using other websites in addition to Craigslist. All of the major property management companies post to these sites and they have a lower rate of scam posts. These websites include Trulia, Zillow, Lovely, Hotpads, Realtor.com, and Apartmentlist.

2.) Consider a Notification Website

Since the best rentals can go in as little as 24 hours, it is important to be one of the first people to respond to an ad. You can set up notifications through websites like IFTTT.com to be notified as soon as a property that meets your criteria hits craigslist. If you go to the website, create an account then set up a recipe to get instant notifications from your craigslist search.

3.) Know Your Stats

Before you start you rental search, know all of your pertinent information. This includes past rental reference contact information, past pay stubs, gross monthly income, and credit score. Most landlords will require that you follow their application process. But by knowing this information ahead of time, you will present as a responsible applicant to the landlord.

Click here to read more on C&C Property Management

Tuesday, July 15, 2014