Will be becoming a first time landlord. What are some of the tips as I look to rent my SFH in the Bay Area for the first time? Rent by myself on Zillow or look for a realtor? Any house prep? Dos or don’ts

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Do a background check and get a hefty deposit.

Put 20% to 30% of gross rents away for repairs, capex, and vacancy.

Put in your lease that you require a yearly inspection.

Read up on all the landlord tenant laws for both the state and city, and understand what you are and aren’t allowed to do as a landlord.

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Set clear qualifications and stick to them. The moment you become lenient on one of the requirements you’re screwed. People are opportunistic and will take advantage of you.

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Yup, gotta learn to say No. that’s just unfortunately how it is.

Please please please take the time to find a real qualified tenant. Someone who can afford your home, cares about their credit, and doesn’t throw any flags to start with.

Saving 1 month of mortgage trying to go quickly will cost you when you have to evict someone especially in Cali you’ll lose way more.

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Whatever you do make sure to get a signed lease

*IF*

Thanks everyone.

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