Below are some ways to improve your credit score Build Your Credit File Don’t Miss Payments Catch Up On Past-Due Accounts Limit How Often You Apply for New Accounts Pay Down Revolving Account Balances Kong Property Management Group provides property Read more…
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 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 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 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 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 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 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 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 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 Read more…