One of the most common questions in real estate is: When is the best and worst time to sell or buy a house? The answer is complex, influenced by location, market conditions, personal preferences, and goals. However, there are general trends and patterns that can guide you in making an informed decision. Let’s explore the […]
California’s rental housing owners are facing unprecedented insurance challenges due to significant shifts in the insurance market. These changes include reduced availability of insurance options and increased premiums. According to the California Apartment Association (CAA), understanding these complexities is crucial for navigating this turbulent environment. The Challenges Several notable challenges in the California insurance marketplace […]
Owning a rental property can be a rewarding investment, but managing it can come with its own set of challenges. At Real Property Management Select, we pride ourselves on offering services that alleviate these challenges and enhance the homeowner experience. Here are the top 10 reasons why homeowners in Sacramento love our property management service: […]
As of today, July 1, a new California law limiting security deposits to one month’s rent for both furnished and unfurnished units is now in effect. According to Mike Nemeth, Marketing and Communications Director for the California Apartment Association (CAA), this legislation, AB 12 by Assemblyman Matt Haney, D-San Francisco, was signed into law by […]
A recent legislative effort aimed at eliminating no-pet policies in rental housing will be amended to exempt smaller buildings, following advocacy by the California Apartment Association. Assembly Bill 2216: Key Provisions and Amendments Assemblyman Matt Haney’s Assembly Bill 2216 (AB 2216) initially proposed prohibiting landlords from rejecting tenants based on pet ownership. However, following discussions, […]
Question: Are Semi-Annual General Inspections of the Unit Allowed with Proper Notice? In Sacramento, California, the laws surrounding a landlord’s right to enter a rental unit are quite stringent. According to California Civil Code section 1954, the reasons a landlord may enter a rental unit are limited and specific. Notably, these reasons do not include […]
As rental prices across the United States continue to rise, with the national rent index for one and two-bedroom units increasing by 1.2% in May 2024, California’s largest cities are experiencing a different trend. According to a recent report by the rental platform Zumper, several major California cities have seen a decline in rental rates, […]
Security deposits are a crucial aspect of landlord-tenant relationships, serving to protect landlords against potential damages or unpaid rent. However, understanding the legal procedures surrounding security deposits is essential to ensure compliance and prevent disputes. In this blog, we’ll delve into the key considerations landlords need to know when handling security deposits. Know Your Legal […]
As a landlord in Sacramento, maximizing tax benefits is essential for optimizing your property investment. One crucial aspect to grasp is understanding potential tax deductions available to landlords. Let’s delve into this topic to help you navigate the intricacies of tax deductions and make the most of your investment. Tax deductions can significantly impact your […]
Managing a rental property involves various financial considerations, and keeping track of expenses is crucial for effective property management. In the dynamic real estate landscape of Sacramento, meticulous expense tracking can significantly streamline operations and enhance profitability. Let’s delve into how property owners can master expense tracking for efficient management in Sacramento. Why Expense […]