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Perry's picture

“Just Cause Eviction.”

The most challenging and problematic aspect of the rent control discussion in several communities in the San Francsco Bay Area is its corollary known as “Just Cause Eviction.” A more appropriate name for this process is actually “Good Reason for Notice to Vacate.” The reasoning behind Just Cause Eviction presumes that, as a landlord, you must have a specific and allowable reason for why you’d require a tenant to leave. It’s a protection put into place so that a landlord cannot easily remove a tenant who is living in a rent controlled property.

Brian's picture

Should I Pay in Cash or Finance My Next Investment Property?

Deciding whether to finance your next investment property? Forbes says that often times, cash buyers get first pick at the properties. Learn why cash is king:

https://www.forbes.com/sites/forbesrealestatecouncil/2018/08/13/why-buyi...

Brian's picture

Buying Alameda County Short Sale Investment Properties to Rent

Buying short-sale properties could be a great way to get into property investment, but there are a few risks that come along with these types of purchases. Learn more about what to look out for!

TLDR: Find out about hidden costs before purchasing a investment short sale home. Get a home inspection. Do your own investigation about the neighborhood and land. Prepare for delays while closing.

Brian's picture

Security Deposit Laws in California

In California, a security deposit for an unfurnished, residential rental unit cannot exceed 2 times the monthly rent. (Note that if a unit is furnished, the deposit can be increased to 3 times the rent). All deposit money must be refundable. California law does not allow a landlord to charge a non-refundable deposit. Even if the landlord calls it a nonrefundable “key deposit” or a “cleaning deposit” and includes the provision in the lease, it is still refundable. Because non-refundable deposits are illegal in California, such clauses are not valid and will not be upheld by a Court.

Brian's picture

How Can Disputes Over Security Deposits Be Avoided?

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. If the landlord won’t sign it, make sure you date it and give the landlord a copy.

Brian's picture

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.

Fire
Lightening
Windstorm
Hail
Plumbing System Freezing

Brian's picture

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.

Brian's picture

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.

Brian's picture

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%.

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