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 […]
In the vibrant Sacramento real estate market, setting competitive rent is crucial for maximizing your property’s potential. Here’s how to navigate the process effectively: Research the Local Market: Begin by conducting thorough research on the local rental market in Sacramento. Analyze rental listings, consider factors like location, amenities, and property size, and compare similar properties […]
In the competitive Sacramento real estate market, updating appliances can be a game-changer for property owners looking to maximize their investment. Modern appliances not only enhance the aesthetic appeal of a property but also significantly increase its overall value. Let’s delve into the insights and benefits of updating appliances in Sacramento properties. Enhanced Property Value: […]
Understanding the legal aspects of property management is crucial for success. In Sacramento, it’s essential to be well-versed in landlord-tenant laws to ensure compliance and avoid potential legal issues. Here’s why understanding these regulations is vital and how Real Property Management Select can assist you. As a property owner in Sacramento, you must familiarize yourself […]