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Updated about 4 years ago,
First rental Sacramento
Hello All.
I need some advises. So I bought my first single family home in Sacramento. I bought it for myself but planes changed and I will be moving out of state. I know the rental market is hot in Sacramento but I'm not sure how much rent should I ask for it. Any suggestion other then checking in Rentometer? I'm not sure if its very updated..
Also- any Idea what can I do to make sure tenants will be paying? I heard this days landlords asking for 5 times rent to make sure they have some buffer in case the tenant lose there job and not paying
Lastly- how hard can it be to screen tenant and mange property when out of state? Will a property management company will have more tools and power then me if tenant doesn't pay?
Thank you!