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Rental Property Tips
- Renting your home requires some knowledge of property management. This knowledge includes using required documentation and understanding how to obtain credit standing and personal references on tenant applicants.
- You should contact a licensed real estate broker specializing in managing apartment and home rentals.
You should interview real estate brokers with property management experience in your neighborhood and community. In addition, you may wish to check the DRE website to learn of the license status of the real estate brokers you are considering. The link to this on-line information is http://search.dre.ca.gov/ integrationaspcode/ . - When searching for another place to live, consider living reasonably close to the home you rent out. This makes personal management of your home much easier (maintaining your yard, collecting rent, hiring workers or contractors to maintain or repair your home, etc.)
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