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
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
Did you hear this story about some angry tenants suing the owner…?
We as Property Managers do our best to make sure that any home or apartment that we lease up is in good condition. This would include making sure all the appliances work, smoke and carbon monoxide detectors are installed.
We also like to make sure its clean and ready for occupancy.
As part of the process we do an extensive review of the Tenant Application(s) that include a credit/past evictions check, employment and income verification. We might even ask for copies of bank statements if you are self employed to verify your ability to pay the rent.
But you know…with all that, there’s something new we’ve added as well… and that is the “google search” of your name if you apply to rent one our properties. Because, prior to doing a “google search”, and even with all the other research we’ve done, you can never predict with a 100 percent accuracy what a tenant will be like. We feel that every bit of information we can get about a person will help us in our search for the right tenant.
So with that said, do you think the folks that are the subject of this article would be great tenants…?
You be the judge. Here’s the story…
Let me know what you think..!
In the Mean Time..?
Make it a Great Day…!
Ed Favinger, Broker CRS, GRI, SFR favinger@rwnetwork.com 916-203-1260
While it may not look like much today, there’s been a lot done.
We took possession of this Duplex at 2728-2730 El Caprice, Rancho Cordova on February 27th.
To date, we’ve got the hardwood floors installed in all the high traffic areas, the tile floors in the entry and all the bathrooms, holes in the ceilings and walls repaired and installed the new base boards.
We’ve taped and textured, installed the new sliders to the back yards and have started the interior painting.
In addition, we’ve laid some concrete down to enhance the size of the patios and we’ve squared off the exterior areas as you’ll see in the video. We will be doing some nice things in the landscaping department which is something a lot of investors overlook in my opinion.
To See Where We Started From, CLICK HERE for the beginning video and the 1st update that was done I think on the 1st of March.
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)
