Does California law limit how much a landlord can charge a tenant for a security deposit? Yes. Under California landlord-tenant laws, a landlord may charge a renter the equivalent of two months’ rent for the security deposit if the residence is unfurnished, and three months’ rent if the residence is Read more…
Fix a leaky P-trap under the kitchen or bathroom sink – usually caused by a worn-out washer or a loose or broken compression nut. To fix it, you will need the following: 1. A bucket 2. A 3-way plumber’s wrench 3. Replacement washer or a whole new P-trap First, turn Read more…
Lease With a lease, you fix the term of the tenancy which is usually one year but sometimes longer. The following rules apply: You can not raise the rent until the lease expires You can not change other terms of the tenancy You usually can not evict a tenant before Read more…
State law allows a landlord to legally enter rented premises while a tenant is still in residence in the following situations: to make repairs to show property after the tenants has abandoned or moved out of the property with tenant’s permission in case of emergency to conduct a initial move-out Read more…
What’s security deposit Security Deposit is money that a landlord collects from a tenant and holds in case the tenant fails to pay the rent or does not pay for damage the tenant has caused to the rental unit. Security Deposit must be refundable. How landlords May Use Security Deposit Read more…
If tenant’s rental application looks good, the next steps are needed to screen the tenant: Check with current and previous landlords and other references. Take notes of all conversations and keep them on file in case a rejected tenant ever ask why he or she wasn’t chosen or file a Read more…
How much can I raise the rent each year? If your rental property is exempt from AB 1482, the maximum rent increase in California to 5% plus CPI, or at 10% (whichever is lower) per a 12 month period. How many times may I increase the rent each year? For Read more…
What is a home warranty? A home warranty is a service contract that pays the cost of repair or replacement of covered items, such as major kitchen appliances, as well as electrical, plumbing, heating and air conditioning systems. Some pros and cons of going with a home warranty Pros A Read more…
Beside this blog, every landlord should also be reading the following property management blogs/news: BiggerPockets With educational resources, property analysis tools, and a community designed to help you conquer the learning curve and get your next deal. apartments.com A collection of articles, videos, and state legal regulations to guide landlords Read more…
Common Repairs Every Landlord Should Prepare For: Water drip from faucets No hot water Water leak under the sink Water leak in the ceiling Bugs and rodents Garbage disposal Fridge or dishwasher not working Toilet leaks or runs Clogged toilets HVAC Furnace repair Kong Property Management Group provides property management Read more…