All properties aim to find quality residents, but few take the time create detailed property guidance and invest in screening. By fleshing out your rental policies and training your staff on proper pre-screening and tenant screening, your commitment can help you increase your net operating income (NOI), decrease future resident problems, and maximize a property’s potential.
With California suffering from one of the most severe droughts on record, Gov. Jerry Brown implemented emergency water conservation regulations with a goal of reducing urban potable water usage by 25 percent. Water usage reduction measures include prohibiting the use of potable water to wash sidewalks and driveways, using hoses with no shutoff valves, using potable water in decorative water features that do not circulate the water, and irrigating outdoors during and within 48 hours of a measurable rainfall. California is not the only state in a crisis so this is the time to implement ways to save water.