Keep copies of all rental records in one place. Showing that a tenant has the right to a return of security deposit requires preparation in advance. Start during a walk-thru just before you actually move in, even if the tenant was required to sign a lease or rental agreement that recited that the unit was in perfect condition. Make a list of the conditions in each room/area and have you and your landlord sign it.
What Exactly is Renter’s Insurance?
When you choose to rent an apartment or house, your personal items are not covered if there happens to be a break-in or a fire or some other unfortunate disaster that can cause destruction to your personal belongings, unless you have renter’s insurance.
Renter’s Insurance can cover items ruined during the following natural occurrences, as well as theft.
Plumbing System Freezing
Abandoned Property in a Rental – Landlord Responsibilities
When a tenant moves out of a rental they are expected to leave the rental in the same condition as when they moved in. This includes cleaning the rental as well as removing any and all property out of the unit. There are times when a tenant, for one reason or another, will leave their property behind when moving out of a rental unit, creating a situation in which the landlord must take responsibility for the abandoned property by following a few state laws that address this particular situation. Continue reading
Landlords, Pet Policies and Service Animals
Service animals are animals that are trained to specifically assist people with a disability in order to improve the quality of their life. Even though California state law permits landlords to implement a ‘No Pets Policy’, service animal are not considered to be a pet and are thus exempt from any Pet Policy rules that a landlord has implemented when a possible tenant is interested in renting one of their rental units.
Can You Afford to Hire a Property Manager?
Before you hire a property manager, you need to assess your finances. Property managers are not free. Managers will charge a fee, on average, between 4% and 10% of the monthly gross income for the property. The typical fee for a single family rental property is closer to 10%. The fee for a property of 10 units or more is typically between 4% and 7%.