There are many disadvantages of California Apartments for rent if you are the landlord. The biggest disadvantages include repairs and maintenance, eviction laws, and finding tenants you can trust. Having the time to take care of apartments can seem impossible as a landlord. Always consider these factors if you want to be a landlord.
Disadvantages for Landlords of California Apartments for Rent
If you are thinking about being a landlord and getting into California apartments for rent, there are many disadvantages that must be considered before you delve in. These things include repairs and maintenance, eviction laws, and finding tenants you can trust.
Repairs and maintenance on California apartments for rent can be time consuming and frustrating as a landlord. You might have tenants call you all of the time for minor and random issues. The problem as a landlord is that you have to go check out the issues and see what is going one. A tenant may call you with an electrical issue and tell you the outlets are broken, when you arrive only to find out a bad light bulb was the true problem. This might seem like the tenant is crying wolf and it can seem easy to begin to slack or pay attention to the tenants needs. The problem with California apartments for rent is that if you do not respond to the needs or requests of a tenant, they may refuse to pay their rent until you repair what they want fixed.
Evictions on California apartments for rent are almost impossible for a landlord. There are many laws in place that protect tenants from being evicted. The problems occur when you begin to lose money. If a tenant fails to pay their rent and you want to evict them, they can fight you for more than a year before the state allows you to remove the tenants from the home. The problem here is that tenants can get up to more than a year of paying no rent. You are out the money. If you were expecting to pay on a home loan with the rent, it will come out of your pocket or the home will foreclose. One of the biggest problems that landlords find with California apartments for rent and evicting tenants is they make the mistake of offering utilities paid apartments. Never include utilities with apartments. This is because if they fail to pay you and a judge allows them to remain on the property for up to a year of no pay of rent, the judge will order you to continue paying their utilities also. Be very careful with being a landlord in California. It doesn’t matter what your lease says or how it is stated. California protects non paying tenants.
The goal with being a landlord in California apartments for rent is to find tenants you can trust that seem like trustworthy people. You have to run a credit check and verify if they have previously screwed over any landlords and if they actually pay their bills or try to get what they can for free. Always call references. However, call references once, then wait and call them later too. This is because you don’t want people having their friends set a voice mail as a business for the purpose of the call. This is why calling the references back is a good idea. This way you can find out if the references are bogus or not.
