No law in California requires a landlord to collect a security deposit. That being said, landlords do have the right to require it from their tenants before lease signing. That’s because security deposits offer protection against a myriad of potential liabilities. If a tenant, for instance, fails to pay…
In California, a lease agreement can be oral or written. Once signed, it gives both parties certain rights and responsibilities. A tenant is entitled to rights such as the right to live in a habitable property, to privacy, and to be treated fairly. Their responsibilities include consistent rent payment and maintenance of their rented premises. As a landlord, you…
Tenant screening can make or break the success of your rental business. You want to choose a tenant that will observe reasonable care over your property. Someone who pays the rent on time and can live in harmony with their neighbors or other tenants. But how do you find someone with these qualities? Our effective tenant screening guide…
In the past century, technology has continuously cemented its place in our lives. It is now an essential part of society. The internet, computers, and gadgets are able to connect people together and make work easier. One of the positive impacts of technology is the use of virtual tours. Through the use of video equipment, investors, property managers, and…
There are many benefits to keeping your rental property well maintained. It not only preserves a home’s value but also makes it more attractive and helps keep tenant turnover rates low. Rental property maintenance can, however, become tricky. It can be especially if you lack sufficient time or own multiple rental units. In such cases, little problems can go…
A tenant packing up and not renewing a lease is a natural phenomenon. Instead of letting the frustration engulf you, it’s best to meet the situation head-on. Instead, focus your time towards preparing your property for the next batch of renters. Here are tips to make your property rent-ready: 1. Market right away Since it may take time to…
Lease agreements are the backbone to building a sound, professional relationship with your tenants. Create a bad one, and you’ll find yourself continually resolving disagreements. On the opposite end, by crafting one that’s clear, comprehensive and transparent, conflicts will likely be minimal. If your leasing agreement leaves more questions than answers, then a tenant can find loopholes. It…
The private rental sector is praised as being one of the largest industries around the globe. As more people move into rental residences, these kinds of housing solutions become more likely to host long-term stays. A long-term tenancy is a win-win for both the landlord and tenants. Tenants are on the lookout for a place they can call home,…
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