I’m talking about damage that installation of a Satellite Antennae can cause.
If you haven’t experienced this issue, let me inform you the law provides that you must allow a tenant to install a Satellite Dish or Antennae if he or she wants to.
However, you as the Owner/Landlord have some rights.
You can dictate where they can put it and if the only area that you allow it to be installed does not give adequate reception, this is not your problem.
We recently had a tenant at one of our Esplanade condos here in Folsom install a Dish on the exterior wall of the building which caused him to bear the costs of removal and the HOA fine. He never got our permission to install it in the first place.
We had another tenant in a Single Family home here Folsom who decided to install a Satellite dish in the attic. The contractor/technician that installed it damaged a brand new HVAC system to the tune of $1,500. Guess who’s responsible for that…?
To eliminate any ambiguity as to who pays for the damage this issue might cause, we use the California Apartment Association’s ”Satellite Dish/Antennae Addendum” in all of our leases. Tenants “must” get our permission to install a Dish or Antennae.
Using this form will put the responsibility on the tenant to maintain your property and not let them off the hook if they damage it by the installation of a Dish.
Just one more reason to use a professional property management company…!
Make it a Great Day…!
Ed Favinger, Broker CRS, GRI, SFR, CDPE favinger@rwnetwork.com 916-203-1260
If you don’t want a “fixer” this might be what you are looking for.
This Duplex just recently fell out of escrow. It’s a long story, but suffice it to say, it wasn’t the fault of the property. In fact, the Buyer’s appraisal came in at the List Price of $214,500.
The former Buyer made some mistakes in obtaining her loan on time. So when her time to close came and went with no loan approval, the Seller elected to withdraw from that contract and put it back on the market again.
So here’s your chance.
I’ve got a video below and if you want to see what the numbers look like, the “proforma cash flow” analysis is available if you CLICK HERE.
If you have any questions regarding this or any other Residential Investment Property in the Sacramento Region, drop me a note or call me.
In the mean time…?
Make it a Great Day…!
Ed Favinger, Broker, CRS, GRI, SFR, CDPE favinger@rwentwork.com 916-203-1260
It’s like a Custom Home – We’ll Include the Nature Preserve and Golf Course Views at No Additional Charge..!
This is a Large (1,750 sq.ft) 2 bedroom, 2.5 Bath home with a “Bonus” Room , attached 2 car garage, custom stamped concrete patio with a lush mature garden. The Community Pool is just across the driveway behind your garage.
CLICK ON THE PICTURE TO SEE THE VIDEO AND MORE DETAILS OF THIS GREAT HOME..!
I don’t care if you are looking for a Single Family Home, a Duplex or even a Small to Medium sized Apartment Complex.
I think it’s called a “feeding frenzy“. Because, if you ask just about any active Real Estate Broker or Agent in this area, they will all tell you the same thing. There’s really no inventory to speak of. And by the way… This is “old” news to those of us in the business.
The Sacramento Bee is finally getting the memo… They came out with a story about investors just a couple of days ago. Check out their report.
I’m actively working with several investors that have been looking for properties all up and down the ranges. From a Custom Home in El Dorado Hills to Duplexes in Rancho Cordova.
Click here for a quick story regarding the Custom Home with the multiple offers on 820 Katie Way, El Dorado Hills.
One more little “anecdotal” story from my own experiences.
Yesterday, a Duplex at 6938-38 Tarocco Way hits the market in Citrus Heights. Click here for the “pro-forma” cash flow analysis. Incredibly as I predicted, to a couple of my clients, this place didn’t last long. The agent wouldn’t tell me what its “pending price” is, but he did say they had 6 offers on it. Not bad for just “one day” on the market.
By the way… take note on the “pro-forma” that I had the offer price at $200,000 because based upon their income it pencils out pretty nice. We’ll have to wait and see what the final “sales” price is.
In the Mean Time…?
Make it a Great Day..!
Ed Favinger, Broker, CRS, GRI, SFR 916-203-1260 favinger@rwnetwork.com
Landlord insurance ‘pays if tenants don’t’(simplelandlordsinsurance.com)
