How to Create and Use a Security Deposit Deposition Form

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Every landlord understands the importance of collecting a security deposit to protect their investment property. In many cases, tenants are respectful of the property, so you won’t have to worry about withholding the deposits. However, what happens when you have a tenant who has caused damage to the property? How do you handle withholding some… Read more »

Can Landlords Prohibit Guns in Their Lease Agreement?

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Gun ownership has become a particularly heated topic over the past decade, which prompts the question for many landlords: can you add a clause into your lease that restricts or prohibits firearms? Unfortunately, the answer isn’t clear-cut. In some circumstances, the answer may be dependent on what your state law says. In other situations, it… Read more »

It’s Official: California Rent Control Bill Signed into Law

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Rent control is here to stay in California – at least until 2030. On October 8, 2019, California Governor Gavin Newsom signed the Assembly Bill 1482, which caps annual rent increases at 5% and imposes rules on just cause eviction. The legislation is meant to address the rising cost of housing and increasing homelessness affecting… Read more »

How to Prevent Lawsuits

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Owning rental properties can be extremely lucrative, but it’s not entirely without risk. Tenants can and do, bring lawsuits against their landlords. Many times, these lawsuits can be avoided by following some property management best practices. Here are a few tips on how to avoid some of the most common situations that cause tenants to… Read more »

Nine Costly Property Management Mistakes to Avoid

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There’s no doubt being a property manager requires patience and commitment. Communicating with tenants and staying on top of repairs takes up a lot of time, but it can also be very rewarding. Like any industry, mistakes can happen. Unfortunately, some of them can end up costing you a significant amount of time and money…. Read more »

How to Prorate Rent and Why it’s Important

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If you have a tenant that’s moving out – or in – halfway through the month, chances are they won’t want to pay for a full month’s rent. Nor would it be fair to expect that of them. Instead, it’s best to keep your rent due dates consistent and be considerate to the tenant by… Read more »

How to Lawfully Evict a Tenant Without a Lease

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Working in real estate brings about many unique challenges that can be difficult to resolve without previous experience. Housing laws frequently change, and tax codes can be intricate and difficult to navigate. One problem that most landlords won’t need to deal with is having a tenant without a lease or rental agreement. However, under special… Read more »

How to Prepare Your Property for a New Tenant

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If you have an upcoming move-out, it can feel overwhelming to get the property ready for a new tenant. Thankfully, with a little organization, it doesn’t have to be a lengthy process. If you make a list, schedule each task, and start early, many of the steps can be taken care of before your current… Read more »