The recreational use of marijuana has been legalized in the state of California, and today we’re talking about what Prop 64 means to you as a landlord.
We are talking about renting properties with tenants who have service animals. As a landlord, you need to be aware of your responsibilities and your tenant’s rights. Service Animal Definition The question always arises – what is a service animal? A service animal is trained to provide assistance to an individual with disabilities. For … Read more
If you have a luxury home for rent in Walnut Creek, it probably comes with a swimming pool. That has its perks, but it also has some liability. We’re talking about rentals with swimming pools today, and how to manage your pool safety. Pool Maintenance There is a lot of upkeep and maintenance when it … Read more
If you have a rental property in Oakland that’s subject to the city’s rent control laws, you’ll need to know how to raise rent there. Today, we’re explaining some of the most important things you’ll need to know in this situation.
The city of Richmond has a new rent control ordinance that became effective January 1, 2017. There’s also a just cause for eviction ordinance in place, and today, we’re talking about what that means.
In general, the range of property management prices you’ll find in the Walnut Creek area are between six and 10 percent of your monthly rent collections. Typically, your property management company will collect rent, deduct any maintenance costs, and then give you a monthly accounting report with your rent, after they collect their own fee. Paying a monthly management fee is something you should always expect, but an important question to ask is whether there are any other fees are associated with property management.
When you’re getting your property ready for the rental market, we always recommend that first, you do a lot of research and see what other properties are doing in the area. You want to know what kind of rent they’re asking and how the properties look. Take a close look at
The ideal tenant pays rent on time, proactively takes care of your rental property, and follows the terms of your lease agreement. Not every tenant is going to be perfect, however. We get a lot of calls from landlords who are having issues with tenants, and they’re not sure what to do. Either they are not seeing eye to eye on certain policies and expectations, or the tenants are asking for continuous maintenance, or there are other situations where the landlord just doesn’t want to deal with their tenants anymore. You must handle these situations professionally.
Security deposits can be challenging to manage, and it’s usually where most of the disputes between tenants and landlords originate. We get a lot of questions from people who aren’t sure how much they should charge for a security deposit. Our response is usually to ask how much they want.
Talking to a property manager before you invest in Oakland rental properties is a great way to ensure you’re making smart decisions. Today, we are sharing three investment tips that Oakland investors will find useful.