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Rental Basics in Simi Valley : Real Estate Advice

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  • Home Buying76
  • Home Selling6
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Activity 3
Wed Nov 12, 2014
Robert Chomentowski answered:
Fri Feb 15, 2013
Sue Brown answered:
I've rented out rooms and have helped people write up the agreements. I agree with a month to month or no longer than six months. I also concur that you can check to see if it's legal, they are called Single Family Residences, and I know in a prior city I lived and worked in it was illegal, but the city was not spending money on enforcing it unless neighbors complain, most people are renting rooms these days. I also recommend making sure that you verify employment, get proof of income and actually call their references as this is possibly a stranger coming to live with you. There are online services you can use to do background checks and credit checks as well. Protect yourself not just with a contract but with screening them as thorough as possible.
Sue Brown
Property Manager Parkside Villas
www.iloveparkside.com
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Wed Jun 20, 2012
Tim Soto answered:
You can ask the agent if the house is being listed and sold as an income/investment property, which would allow for a lease. If the agent isn't sure, then pass on it. If after you move in and a buyer purchases for their own residence, the agent may likely be reluctant to decline the offer, giving you adequate notice, yet leaving you to search for another place to rent.

Good luck,

Tim Soto
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