Monthly Archives: October 2012

San Diego North County Property Management

Metrowealth Property Management is one of the Property Management Companies that focus in the San Diego North County area such as La Jolla, Del Mar, Carmel Valley, Rancho Santa Fe, Solana Beach, Encinitas,Leucadia, La Costa Valley,La Costa,Carlsbad. If you have a rental Property and you are thinking of hiring a property management company to help you manage you Rental Property give a call us and we will be thrilled to help you with you property. Call us at 858.225.4800 or just send us an inquiry.

In Property Management there are few things you need to know. A 3 day notice is one, and of the most common notices in property management. It is very simple and easy to use.

Lets pretend that you have a new tenant that moved in 3 months ago and on the 4th month doesn’t pay the rent on time, at this point make sure you give them a 3 day notice to pay or quit.
That means they have 3 days to pay you the rent do or move out. In the event that he/she doesn’t pay you with in the 3 days then you may proceed with the eviction process.

You can file the eviction by your self, use an unlawful detainer attorneys to file it for you or you can hire a property manager to represent your interests in the matter.

Please note that there some state and city rules apply to the 3 day notice; such as writing your tenants complete mailing address, properly dated and have a complete address where they can pay the rent, you will also need to enter the total amount due broken down by the month.

Make sure that before serving a tenant, you research the regulations set forth by your state and your local authorities, in San Diego courts may want something that is different from courts in other parts of the state.
With all the changing laws governing rental properties it is some times best to consult with a property manager who has knowledge of your counties rules and regulations.

San Diego North County Property Management and Walk Through

Metrowealth specializing in residential Property Management for the San Diego North County(858.225.4800) area and more specifically, Del Mar, Carmel Valley,Solana Beach, La Jolla, La Costa Valley, Carlsbad, Rancho Santa Fe, Encinitas, Leucadia. In you have a rental property and have a question about our North County Property Management services please call our North County expert at 858.225.4800

In property management, one thing you need to do right after you properly screen a potential tenant is a thorough walk through of the unit before they move anything in.

First of all you will need:
1) a Noted pad with a pen or a walk through checklist
2) a camera. You will need to walk through the unit with the tenant that is going to move in.
3) a walk through checklist

First- Make sure you right down and photograph all new appliances, new paint, new doors, or in general anything that has cost you money to replace or fix.

Second- make sure you point out to the new tenants all the things you have fixed or changed so they understand what work has been done to the unit and that you want them to take care of these items.

Third- as you go through the checklist form make sure to notate all the things that are in working order and anything that is wrong with the unit so you can go back to addressee it.

Fourth- Once you have fully completed the form, have the tenant date and sign it. Make new copy for your tenant and you keep the original.

Now, the reason of going through this process is:
If your tenant moves out they are most likely going to ask for their full security deposit back. You will have to do a move out walk through, before or right after they vacate the property. Go over everything with them, and if there are items inside the house that need to be addressed point them out and take some photos again. Make sure that they understand there is a possibility that that you may have to hire someone to come and fix any issues.

In some cases they might challenge you but, you need to stay strong and go over the move in form and explain to them the situation.

The pictures you took when they moved in come handy when and if you go to court. There you will have to prove your case and support your statement.

If you have a rental property in San Diego County please stay informed all the new rental regulations with the county and the state. And remember Property Management is always fun when you know all the rentals laws.