News and updates about to Real Property Management Select

California Supreme Court Upholds Cotenancy Clauses in Retail Leases: What This Means for Property Owners

The California Supreme Court recently issued a landmark ruling that solidifies the enforceability of cotenancy clauses in retail leases. This decision could have long-term implications for landlords, tenants, and commercial property investors across the state. Understanding this ruling and its impact is crucial for property owners navigating lease agreements in California’s competitive commercial real estate market.

What Are Cotenancy Clauses?

Cotenancy clauses are provisions in retail lease agreements that allow tenants to adjust their rent obligations if key tenants in a shopping center close their businesses. These clauses are particularly common in malls and multi-tenant retail spaces where the presence of major anchor stores drives foot traffic.

Typically, cotenancy clauses enable tenants to:

  • Pay reduced rent (such as a percentage of sales instead of a fixed rate) if key tenants leave.
  • Terminate the lease if specific occupancy thresholds are not met for an extended period.

These clauses protect tenants from declining foot traffic caused by the departure of high-profile businesses. However, they have long been a point of contention between landlords and retailers.

The Supreme Court’s Decision

The California Supreme Court ruled that cotenancy clauses are legally enforceable, clarifying that they are considered alternative rent structures rather than penalties or unfair business practices. The court’s decision came after a case in which a landlord attempted to challenge a retailer’s right to reduced rent after a key tenant left the shopping center.

By upholding the validity of these clauses, the court reinforced tenants’ ability to negotiate lease terms that account for business risks associated with retail property dynamics.

Implications for Retail Property Owners

 

1. Potential Revenue Fluctuations

For landlords, the ruling underscores the importance of carefully structuring lease agreements. With cotenancy clauses being enforceable, landlords may face revenue volatility if key tenants vacate and remaining tenants exercise their right to reduced rent.

2. Increased Negotiation Leverage for Retail Tenants

Retail tenants now have greater legal backing when negotiating lease terms. New lease agreements may see tenants more aggressively pursuing cotenancy protections, which could impact rental income stability.

3. Stronger Incentives to Maintain Occupancy Levels

Property owners will need to ensure that anchor tenants remain operational to prevent triggering cotenancy clauses in multiple lease agreements. This could lead to increased investment in tenant retention strategies, incentives for long-term leasing, or re-evaluations of anchor store agreements.

4. Potential Impact on Commercial Real Estate Investment

For investors evaluating retail properties, this ruling adds another layer of risk assessment. Properties with multiple cotenancy clauses could present financial challenges if anchor tenants leave, making lease reviews a critical part of due diligence.

Key Takeaways for Property Owners

  1. Review existing lease agreements – Ensure that cotenancy clauses are clearly defined and understood to avoid unexpected financial impacts.
  2. Develop tenant retention strategies – Keeping anchor tenants in place is more crucial than ever to maintain rental income stability.
  3. Negotiate future lease terms carefully – Consider structuring leases that balance tenant protections while safeguarding rental revenue.
  4. Monitor market trends – The retail sector is evolving, and landlords must stay informed about occupancy trends, tenant preferences, and potential legal changes.

Stay Updated on California Real Estate Developments

The commercial real estate landscape is shifting, and legal rulings like this have a direct impact on property owners and investors. To stay informed about the latest trends, regulations, and strategies for managing your investment properties, visit Real Property Management Select for expert insights and professional property management solutions.

New California Bill Could Allow Tenants to Avoid Eviction by Paying Rent at the Last Minute

California lawmakers are considering a new bill that could significantly impact rental housing providers by allowing tenants to halt eviction proceedings at any stage if they pay overdue rent or provide proof of approved rental assistance.

Overview of SB 436

Senate Bill 436, introduced by Sen. Aisha Wahab (D-Hayward), proposes changes that would require courts to dismiss eviction cases if tenants either:

  • Pay all outstanding rent, including any additional accrued rent.
  • Submit proof that rental assistance has been approved.

This provision would apply both before and after a court judgment, meaning that tenants could effectively stop the eviction process at any time before the final lockout by the sheriff. Additionally, the bill mandates that landlords include a new notice in three-day eviction warnings, informing tenants of their right to avoid eviction by settling past-due rent.

Potential Impact on Rental Housing Providers

Current law allows courts to use discretion in delaying evictions for tenants facing hardship. However, SB 436 does not require tenants to prove hardship or limit how often they can invoke this provision. This raises concerns that:

  • Tenants may repeatedly delay rent payments without facing eviction consequences.
  • Property owners could face financial strain from unpaid rent and extended legal battles.
  • Eviction processes could become more costly and time-consuming, making it harder for rental housing providers to reclaim their properties.

For many housing providers, the eviction process is already a last resort after months of nonpayment. By allowing tenants to avoid eviction even after a court ruling, this bill could increase financial risks for rental property owners and disrupt the stability of the rental market.

Legislative Outlook

The proposed bill has sparked debate among property owners, tenant advocates, and lawmakers. Supporters argue that it would provide renters with a final opportunity to avoid homelessness, while opponents highlight the potential for abuse and financial harm to small housing providers.

As this bill moves through the legislative process, it is critical for rental property owners to stay informed and prepared for potential changes.

Stay updated on the latest legislative developments and how they could impact your rental business.

Freddie Mac Forecasts Rising Multifamily Financing in 2025, But Rent Growth Remains Sluggish

As 2025 begins, the multifamily housing market is expected to see an increase in financing activity, but property owners should prepare for continued challenges related to rent growth and rising vacancies. According to Freddie Mac’s latest 2025 Multifamily Outlook, total multifamily originations are projected to reach between $370 billion and $380 billion, marking a rebound from the estimated $320 billion in 2024.

While this increase reflects factors such as postponed transactions, loan maturities requiring refinancing, and stabilization in property values, origination volume will remain below the record highs of 2021 and 2022. For rental housing providers, understanding these trends will be crucial in shaping investment strategies, pricing decisions, and tenant retention efforts throughout the year.

Multifamily Rent Growth and Vacancy Trends

Despite improved financing conditions, rental income is expected to grow at a modest 2.2% in 2025, which remains below the long-term historical average of 2.8%. At the same time, vacancy rates are projected to rise to 6.2%, exceeding the long-run average of 5.5%.

In California, market performance varies significantly by region:

  • San Francisco is expected to see 3.2% rental income growth, indicating stronger demand compared to other metros.
  • Oakland and Orange County are projected to experience slower growth, with 1.4% and 1.5% rent increases, respectively.
  • Riverside is forecasted to perform well, with 3.1% rental income growth, making it one of the strongest markets in the state.

Financing Conditions and Market Adjustments

While more financing opportunities are expected, multifamily interest rates remain high and volatile, influencing refinancing and investment decisions.

  • Cap rates have remained relatively stable, fluctuating between 5.6% and 5.7% throughout 2024.
  • However, they are still below the long-term average, limiting price adjustments for property owners looking to sell or refinance.

One of the most significant factors affecting rental housing providers is regional supply differences.

  • California markets tend to have lower supply ratios compared to the Sun Belt and Mountain West, where new apartment developments have reached record highs.
  • Los Angeles and San Francisco are among the cities with some of the lowest supply ratios, helping maintain stronger occupancy rates.
  • By contrast, oversupplied metros like Austin and Phoenix are seeing higher vacancy rates and slower rent growth.

What This Means for Rental Housing Providers in 2025

With financing conditions improving but rent growth lagging, property owners need to adapt their strategies to stay competitive. Key takeaways include:

  • Rent growth will remain positive but below historical averages, requiring landlords to adjust rental pricing expectations.
  • Vacancy rates are expected to rise, making tenant retention strategies essential to maintaining steady cash flow.
  • Interest rate stability may encourage more transactions, though financing costs remain a challenge.
  • California’s rental markets may see relatively stronger occupancy rates, given limited new supply compared to high-growth metros.

Maximize Your Rental Investment in 2025

Understanding market shifts is essential for protecting and growing your rental investment. At Real Property Management Select, we help property owners navigate changing market conditions with expert property management solutions, proactive tenant retention strategies, and data-driven pricing recommendations.

Stay ahead of the market. Contact us today to learn how we can help you maximize your rental income and reduce vacancy risks in 2025.

California Proposes Cooling Standards for Rental Housing: What Property Owners Need to Know

As extreme heat events become more frequent and intense, California lawmakers are revisiting the idea of mandatory cooling standards in rental housing. The California Department of Housing and Community Development (HCD) has released a 60-page report urging state legislators to establish a maximum safe indoor air temperature of 82°F for residential units. If implemented, this measure could reshape landlord responsibilities and tenant rights across the state.

While this proposal aims to protect public health, it also raises concerns about the financial burden on property owners, particularly those managing older rental units that may require costly upgrades.

Why Cooling Standards Are Being Proposed

Extreme heat is now one of the deadliest climate-related threats. The Centers for Disease Control and Prevention (CDC) reports that approximately 1,220 people die from heat-related illnesses every year in the U.S. In California, where heat waves are becoming longer and more severe, projections suggest that heat-related deaths could rise to 11,300 per year by 2050 if no action is taken.

Unlike heating, which is legally required in rental units, California does not currently mandate air conditioning or any other cooling system. This regulatory gap has left many tenants—especially those in older buildings—vulnerable to dangerous indoor temperatures during heat waves.

Key Provisions of the Proposed Cooling Standards

The HCD’s recommendations focus on both existing rental properties and new construction.

For Existing Rental Units

  • Landlords would need to implement cooling solutions such as:
    • Central air conditioning
    • Window AC units
    • Evaporative coolers
    • Fans and improved ventilation
    • Window shading and other heat-mitigation measures

For New Construction

  • Future residential developments would need to incorporate:
    • Cool roofs and cool walls to reflect sunlight
    • Landscaping elements designed to provide natural shade
    • Energy-efficient building materials to regulate indoor temperatures

These measures would make California’s cooling standards among the most comprehensive in the nation, aligning with efforts already in place in cities like Phoenix, Dallas, and New Orleans.

Concerns from Property Owners and Housing Providers

While the public response has been largely supportive, property owners and real estate groups have raised concerns about the financial impact of these regulations.

Cost of Compliance

Many California rental units—especially in cities like Los Angeles, San Francisco, and Sacramento—are housed in older buildings that lack central AC and require major electrical upgrades to support new cooling systems. Retrofitting these properties could be prohibitively expensive, with costs ranging from several thousand to tens of thousands of dollars per unit.

Risk to Small-Scale Landlords

Daniel Yukelson, CEO of the Apartment Association of Greater Los Angeles, has warned that without financial incentives, many small rental property owners could struggle to afford these upgrades, potentially leading to:

  • Higher rents as landlords pass costs onto tenants
  • Reduced rental inventory as struggling owners sell off properties
  • Increased consolidation of rental housing by large corporate investors

To address these concerns, the HCD’s report recommends lawmakers create financial assistance programs—such as tax incentives or grants—to help landlords upgrade their properties without forcing rent increases on tenants.

Will the Proposal Become Law?

The future of these cooling standards remains uncertain. Previous efforts to pass similar legislation have stalled, largely due to cost concerns and pushback from property owners. However, the issue is gaining momentum:

  • A 2023 poll by UC Berkeley’s Institute of Governmental Studies found that 67% of California voters support statewide cooling regulations.
  • The Los Angeles County Department of Public Health recently highlighted that heat-related deaths rise by 10% on hot nights, underscoring the urgency of action.
  • Cities like Los Angeles and Sacramento are already exploring their own local cooling mandates for rental properties.

If passed, these regulations would represent a major shift in California’s rental housing market, forcing landlords to adapt to new building and maintenance requirements.

What’s Next for Property Owners?

As legislators debate the cooling proposal, property owners should:

  • Stay informed on the latest updates from the California Department of Housing and Community Development.
  • Assess their properties to determine potential compliance costs.
  • Engage with lawmakers and local rental housing associations to voice their concerns and seek solutions.

At Real Property Management Select, we help landlords navigate evolving rental regulations while ensuring compliance and profitability. For ongoing updates on California’s housing policies and expert property management services, contact us now.

Do you think cooling standards should be required in California rentals? Let us know your thoughts.

Concord’s Rent Control: What’s Changing?

The Concord City Council is gearing up for another round of discussions regarding potential changes to the city’s rent control ordinance.  Mark your calendars for Tuesday, February 25, 2025, as this meeting could significantly impact both renters and landlords in Concord.  The council has already dedicated nearly four hours to public input earlier this month, demonstrating the importance of this issue to the community.

 

So, what’s on the agenda?  Two key topics are taking center stage:

 

  1. Rethinking the Rent Cap: Concord currently has one of the strictest rent control formulas in California.  The council is exploring adjustments to this formula, aiming to strike a balance between protecting tenants from excessive rent increases and ensuring landlords receive a fair return on their investments.  This delicate balancing act is crucial for maintaining a healthy rental market in Concord.
  2. Exemptions for Homes and Condos?  Another hot topic is the potential exemption of single-family homes and condominiums from the city’s “just cause” eviction regulations.  The council is considering arguments that these types of properties might require different rules compared to larger apartment complexes.

 

A Quick Recap: Back in March 2024, Concord introduced the Residential Tenant Protection Program, bringing in rent stabilization and expanded “just cause” eviction protections.  The goal was to create more stability in the community and prevent displacement while still allowing property owners to make a reasonable profit.  However, the program faced some bumps in the road, including a temporary suspension due to a proposed referendum.  Now, with the ordinance active, the council is revisiting specific parts to address concerns from both sides.

What Does This Mean for You?  The decisions made on February 25th could bring significant changes to Concord’s rental landscape.  Whether you’re a tenant worried about rising rents or a landlord trying to navigate complex regulations, it’s essential to stay informed.  These discussions could affect everything from how much rent can be increased to the eviction process itself.

Want to Get Involved?  The City Council meeting on February 25, 2025, is open to the public.  Your voice matters!  Attending the meeting and sharing your perspective can help shape the future of housing in Concord.  For more detailed information on the Residential Tenant Protection Program and upcoming meetings, be sure to visit the City of Concord’s official website.

Need Help with Property Management?  Dealing with rent control and the ever-changing regulations can be a headache.  If you’re a landlord looking for stress-free property management in Concord, we can help!  Contact us today to learn how we can help you stay compliant, manage your properties effectively, and maximize your investment.  We’ll handle the complexities so you don’t have to.

The Most Common Rental Maintenance Issues & How to Prevent Them

Owning a rental property is a great investment, but it comes with the responsibility of maintaining the home for both long-term value and tenant satisfaction. Proactive maintenance can prevent costly emergency repairs, reduce tenant turnover, and protect your rental income.

In this guide, we’ll cover the most common rental maintenance issues landlords face and provide practical tips to prevent them.

1. Plumbing Issues in Rental Properties 

Common Problems:

  • Leaky faucets and running toilets
  • Clogged or slow drains
  • Burst pipes (especially in winter)

How to Prevent Plumbing Repairs:

✅ Schedule routine plumbing inspections.
✅ Educate tenants on what not to flush (e.g., grease, wipes, and coffee grounds).
✅ Install drain covers and regularly clean them.
✅ Insulate exposed pipes in colder months to prevent freezing.

2. HVAC System Failures

Common Problems:

  • AC or heater not working efficiently
  • Clogged air filters reducing airflow
  • Thermostat malfunctions

How to Prevent Costly HVAC Repairs:

✅ Replace air filters every 1-3 months.
✅ Schedule professional HVAC servicing twice a year (spring and fall).
✅ Keep outdoor AC units free from leaves and debris.
✅ Educate tenants on how to adjust thermostat settings properly.

3. Electrical Issues in Rental Homes

Common Problems:

  • Flickering lights
  • Circuit breakers constantly tripping
  • Non-functional outlets

How to Prevent Electrical Hazards:

✅ Have a licensed electrician inspect wiring every few years.
✅ Ensure tenants aren’t overloading outlets.
✅ Upgrade outdated electrical panels when needed.
✅ Install GFCI outlets in kitchens and bathrooms for safety.

4. Appliance Malfunctions 

Common Problems:

  • Refrigerators, dishwashers, or washers breaking down
  • Stoves and ovens failing to heat properly

How to Extend the Life of Appliances:

✅ Provide tenants with an appliance care guide.
✅ Schedule periodic maintenance and deep cleanings.
✅ Replace aging appliances before they become unreliable.
✅ Encourage tenants to report small issues before they get worse.

5. Roof Leaks & Gutter Problems 

Common Problems:

  • Roof leaks leading to water damage
  • Clogged gutters causing foundation issues

How to Maintain Roofs & Gutters:

✅ Inspect the roof annually for damage.
Clean gutters twice a year (fall and spring).
✅ Trim overhanging tree branches to prevent damage.
✅ Repair small leaks before they cause major problems.

6. Pest Infestations in Rentals 

Common Problems:

  • Rodents, ants, cockroaches, and termites
  • Bed bugs from tenant belongings

How to Prevent Pest Issues:

✅ Seal cracks and gaps around doors/windows.
✅ Schedule routine pest control inspections.
✅ Educate tenants on food storage and cleanliness.
✅ Fix water leaks promptly (moisture attracts pests).

7. Mold & Mildew Growth 

Common Problems:

  • Mold in bathrooms, basements, and ceilings
  • Musty odors from excess moisture

How to Keep Your Rental Mold-Free:

✅ Install proper ventilation in bathrooms and kitchens.
✅ Address plumbing leaks immediately.
✅ Use mold-resistant paint in high-moisture areas.
✅ Provide dehumidifiers if needed.

8. Exterior & Landscaping Issues 

Common Problems:

  • Overgrown landscaping
  • Cracked sidewalks creating trip hazards
  • Poor drainage leading to foundation issues

How to Maintain the Exterior of Your Rental:

✅ Keep pathways clear of debris for tenant safety.
✅ Schedule seasonal landscaping maintenance.
✅ Ensure proper drainage to prevent water damage.
✅ Check fences and outdoor structures for stability.

Why Preventative Maintenance Matters for Landlords

Proactively addressing maintenance issues in rental properties helps:
✔️ Reduce emergency repair costs.
✔️ Keep tenants happy and increase lease renewals.
✔️ Protect the long-term value of your investment.

If you’re a landlord looking to minimize maintenance headaches and keep your rental in top condition, consider working with a professional property management company.

At Real Property Management Select, we handle rental maintenance, inspections, and emergency repairs so you can enjoy stress-free property ownership.

Need Reliable Property Management in Roseville, Fairfield, or Sacramento?

📞 Call us today to learn how we can help you maintain your investment with ease!

Governor Extends Protections Against Rent-Gouging Tied to L.A. Firestorms

In response to the devastating firestorms affecting Los Angeles County, Governor Gavin Newsom has extended California’s rent-gouging protections through an executive order issued on January 16, 2025. This move underscores the state’s commitment to shielding vulnerable residents from predatory rental practices during emergencies.

These protections, in effect through March 8, 2025, prohibit landlords from raising rents by more than 10% in Los Angeles County. The order applies to both existing tenants and new leases within areas impacted by the declared state of emergency.

Understanding Rent-Gouging Protections

California’s Penal Code Section 396 prohibits rent increases above 10% in jurisdictions named in an emergency proclamation. This law aims to address heightened housing demand caused by crises like natural disasters. Landlords violating these restrictions face serious consequences, including:

  • Up to one year in county jail.
  • Fines of up to $10,000 or more (proposals are underway to increase penalties).
  • Potential civil penalties for exploitative practices.

This measure is essential for ensuring that displaced families can access stable housing without being subjected to unreasonable rent hikes.

Addressing Violations and Strengthening Enforcement

Recent reports of egregious rent increases, including hikes of up to 60% in Venice and over 100% in Santa Monica, have spotlighted the need for strict enforcement. Local leaders are working to deter violators with proposals to increase fines and hold bad actors accountable.

Additionally, Attorney General Rob Bonta has reiterated that exploiting families during emergencies is both illegal and unethical. Enforcement of rent-gouging laws remains a top priority, ensuring protections for residents across affected regions.

Support for Recovery Efforts

Governor Newsom’s executive order goes beyond rent-gouging protections. It includes measures to expedite recovery efforts and streamline housing solutions for displaced families. Key actions include:

  • Simplifying permitting and reconstruction processes.
  • Waiving fees for mobile home parks under multiple acts.
  • Facilitating the placement of temporary housing units, such as trailers, on properties damaged by fires.
  • Expediting temporary certificates of occupancy to make housing available quickly.

These proactive measures are helping families rebuild their lives while maintaining access to safe and affordable housing.

What Landlords Need to Know

Landlords in Los Angeles County should take note of overlapping rent restrictions:

  1. Price-Gouging Laws: During emergencies, rent increases cannot exceed 10%.
  2. Local Rent Control Laws: Cities like Los Angeles, Santa Monica, and West Hollywood have their own rent control ordinances, which often cap increases below 10% for multi-family housing built before specific dates.
  3. Tenant Protection Act (AB 1482): This statewide legislation limits annual rent increases for most rental units to 5% plus inflation, or 10%, whichever is lower.

Property owners must remain vigilant about compliance with these laws to avoid penalties and ensure they contribute positively to the recovery efforts.

Looking Ahead

As Los Angeles continues its recovery from the firestorms, collaboration among landlords, tenants, and government officials remains crucial. By adhering to rent-gouging laws and proactively supporting recovery efforts, landlords can play a vital role in rebuilding communities while fostering trust and stability within the rental market.

If you’re a property owner looking to navigate California’s rental laws or ensure compliance with changing regulations, contact Real Property Management Select. Our team of experts is here to guide you through every step, from understanding rent restrictions to managing your property efficiently and ethically.

Learn more about how we can help you manage your rental property with confidence.
Contact us today.

Property Management for 2025: The Key to Stress-Free Ownership

As a landlord, you want to grow your wealth without sacrificing your time or peace of mind. That’s where a professional property management company comes in. With the ever-changing rental market in California, having a trusted partner ensures you can navigate challenges and opportunities seamlessly.

Why Stress-Free Ownership Matters

Owning rental property should be a rewarding investment—not a constant headache. From tenant issues to unexpected maintenance emergencies, managing properties can be stressful. A property management company takes care of these tasks, so you don’t have to.

What a Property Management Company Can Do for You in 2025

1. Stay Ahead of Market Trends

The rental market in Sacramento, Roseville, and Fairfield continues to evolve. Property management companies have real-time data and insights to help you set competitive rental rates, minimizing vacancies and maximizing income.

2. Handle Day-to-Day Operations

Managing rent collection, lease agreements, and tenant communication can be time-consuming. A property management company ensures these processes are handled professionally and efficiently, leaving you free to focus on other priorities.

3. Navigate Legal and Regulatory Changes

In 2024, California saw significant changes in rental laws. Staying compliant is essential, and a property management company keeps you informed and ensures your property meets all requirements.

4. Enhance Your Property’s Value

Regular maintenance and timely upgrades keep your property in top condition. Property management companies coordinate these efforts, preserving your investment and increasing its long-term value.

Live Stress-Free in 2025

Imagine owning rental property without worrying about late-night calls, legal compliance, or tenant disputes. That’s the value of working with a trusted property management partner like Real Property Management Select.

Contact us today to learn how we can simplify property ownership and help you achieve your investment goals in 2025.

Key California Rental Market Changes in 2024 and What They Mean for 2025

2024 was a pivotal year for California’s rental market, with significant legislative updates and voter decisions shaping the future for landlords and tenants alike. From Proposition 33’s rejection to new rental regulations, these changes are setting the tone for 2025. Here’s a comprehensive recap of the major developments and their implications for property owners in Sacramento, Roseville, Fairfield, and beyond.

Proposition 33: Voters Reject Expanding Rent Control

A key ballot measure this year, Proposition 33, aimed to repeal the Costa-Hawkins Rental Housing Act, which limits rent control in California. If passed, it would have allowed local governments to impose rent control on newer properties and single-family homes.

However, voters decisively rejected the measure, reflecting a statewide concern over the potential impact on housing development and rental availability. For landlords, this decision preserves the existing rules, ensuring properties built after 1995 and single-family homes remain exempt from rent control.

New Statewide Tenant Protections

California also saw the introduction of expanded tenant protections in 2024, including:

  • Mandatory Relocation Assistance: Landlords must now provide relocation fees in specific no-fault eviction scenarios, such as substantial renovations or property conversions. These fees can range from $9,000 to $30,000, depending on the tenant’s circumstances.
  • Just-Cause Eviction Requirements: Just-cause eviction laws now apply to a broader range of properties, including single-family homes and accessory dwelling units (ADUs), requiring landlords to meet specific criteria before evicting tenants.

These measures aim to balance tenant stability with property owners’ rights, but they also highlight the importance of detailed lease agreements and compliance with local laws.

Los Angeles’ New Rental Regulations

In December 2024, Los Angeles implemented a new set of rental regulations, which include:

  • Annual Fee per Unit: Property owners must pay $31.05 per unit annually to fund tenant protection enforcement.
  • Mandatory Inspections: Landlords must conduct regular property inspections to ensure compliance with health and safety standards.
  • Expanded Rent Cap: The city expanded its rent increase cap, limiting annual rent hikes to 5% plus inflation or 10%, whichever is lower.

While these changes are specific to Los Angeles, they signal a growing trend of stricter rental laws in urban areas, which may influence other cities, including Sacramento and Fairfield, in the near future.

Sacramento Rental Trends in 2024

Sacramento’s rental market saw significant growth in 2024, driven by:

  • High Demand for Single-Family Rentals: With more families seeking spacious housing, single-family rental properties continue to dominate the market.
  • Rising Rental Rates: Average rents in Sacramento increased by approximately 8%, reflecting ongoing demand and limited inventory.
  • Tenant Expectations for Upgraded Amenities: Tenants increasingly value energy-efficient appliances, smart home technology, and well-maintained properties, making upgrades a key investment for landlords.

Looking Ahead to 2025

As we move into 2025, California landlords should prepare for:

  1. Increased Regulatory Oversight: More cities are likely to adopt stricter rental regulations, mirroring trends in Los Angeles and other urban areas.
  2. Tenant-Centric Policies: Legislators will likely push for additional tenant protections, such as expanded rent caps and eviction rules.
  3. Sustainability Requirements: Expect a focus on eco-friendly upgrades, including energy-efficient appliances and solar installations, to comply with California’s sustainability goals.

Staying informed and proactive will be critical for property owners navigating these changes.

Partner with Real Property Management Select for 2025 Success

At Real Property Management Select, we’re committed to helping landlords in Sacramento, Roseville, Fairfield, and surrounding areas adapt to California’s evolving rental market. From regulatory compliance to tenant management, our team provides the expertise you need to protect your investments and maximize returns.

Contact us today to learn how we can support your property management needs in 2025 and beyond.

Our Property Management Successes in 2024 and What’s Ahead for 2025

As 2024 draws to a close, Real Property Management Select reflects on a year filled with growth, success, and impactful contributions to property owners in Sacramento, Roseville, Concord, and Fairfield. Here’s a recap of our accomplishments this year and an exciting look at what’s on the horizon for 2025.

2024 Successes: Supporting Property Owners Every Step of the Way

  1. High Tenant Retention Rates
    This year, we prioritized tenant satisfaction, ensuring clear communication, responsive maintenance, and quality rental experiences. These efforts led to fewer turnovers, saving property owners time and money. 
  2. Proactive Maintenance Excellence
    With our focus on preventative maintenance, we tackled issues before they became costly repairs. Our team partnered with trusted local vendors to ensure properties remained in excellent condition throughout the year. 
  3. Compliance with Changing Laws
    Navigating California’s complex and ever-changing rental regulations is no small task. We kept property owners informed and ensured their rentals met all local and state requirements, reducing legal risks. 
  4. Digital Transformation
    We upgraded our technology platforms to streamline property management processes. From tenant screening to online rent collection, these improvements enhanced efficiency and transparency for property owners and renters alike. 
  5. Strengthening Community Connections
    Our team actively engaged with local communities, building partnerships and contributing to initiatives that benefit neighborhoods. 

What’s Ahead for 2025

  1. Adapting to Market Trends
    As rental demand continues to evolve, we’ll guide property owners through anticipated trends such as: 

    • Shifting tenant preferences for sustainability and energy-efficient housing.
    • A potential increase in demand for single-family rentals.
  2. Enhanced Legal Support
    California’s rental laws remain dynamic. In 2025, we’ll continue offering expert advice to help property owners stay ahead of new regulations and avoid legal complications. 
  3. Expanding Preventative Services
    In response to feedback, we’ll offer new maintenance plans designed to further reduce long-term costs and ensure the longevity of rental properties. 
  4. Focus on Owner Education
    We’ll introduce more resources—blogs, webinars, and guides—so property owners can stay informed and confident in managing their investments. 
  5. Commitment to Innovation
    Real Property Management Select will leverage advanced technology to improve property management experiences. From enhanced tenant portals to automated reporting tools, 2025 promises to deliver greater convenience and insight.

 

Looking Forward Together

At Real Property Management Select, we’re more than property managers—we’re your partners in success. Whether you own a single-family home or a portfolio of properties, our goal remains the same: maximizing your investment while providing peace of mind.

Contact us today to learn more about how we can help you achieve even greater success in 2025.