Earning as much rental income as possible is a goal that every Berkeley real estate investor tends to embrace. While the local market will have the largest impact on what you’re able to charge in rent for your property, you can still influence how much you earn. Property condition plays a big role.
Preparing your Berkeley rental property for a new tenant can take just a few days or more than a month. It depends on the condition your prior tenant left the property in when they vacated.
The Tenant Protection Ordinance in Oakland prohibits landlords from substantially and directly interfering with a tenant’s right to quiet use and enjoyment of their apartment. You cannot enter a tenant’s home without proper notice and a lawful purpose.
Prioritizing routine repairs at your Oakland rental property will minimize the emergency repairs you have to make. Preventative and proactive maintenance will always cost less than an emergency response. You’ll pay your vendors less, you’ll reduce the inconvenience imposed on your tenants, and you’ll protect the condition of your investment. Deteriorating rental homes rarely earn top dollar, and they often have high turnover and vacancy rates.
The pandemic is far from over, but optimists all over the country will agree that things are looking up. Vaccines are in distribution, cases in many areas are slowing, and businesses are doing their best to get back to normal.