During the past year, a number of new laws have been enacted in the state of California with respect to how property owners and managers must regard the rights of tenants. Specifically, the new laws impact areas such as HOA’s, property transfers, and eviction rules and rent relief which are directly tied to the COVID-19 […]
It can be very exciting when you have reached the decision to rent out a property because you’re probably envisioning all those profits that are about to roll in. However, it’s not all gravy, and there are a number of complications that are impacting property rentals, and which require you to stay abreast of all […]
Attractive curb appeal, interior presentation, testing mechanical & plumbing systems and knowledge of basic laws (building code) are required for each Mynd Property Management rental. These aspects should be considered regardless of whether you own residential apartments in San Diego or single family homes. Tactics commercial real estate firms in San Diego are given below. […]
Rent control has the effect of discouraging developers from constructing new apartments and homes. This could conceivably be viewed as a negative, but it also means that for landlords there’s less competition. The demand for homes will be much greater, and any vacancies will thus be on the market for a shorter period of time. […]
For San Diego rental property owners, the last couple years have been somewhat bewildering, first with the implementation of AB 1482 and then the COVID-19 pandemic. It has been difficult to keep up with all the changes that has caused, and the new ordinances have many owners wondering which properties are actually affected. Here at […]
When are 3 day notices used? Landlords in California can serve a 3-day notice to pay rent if tenants default on rent. The notice should only include the past due rent balance, without any late charges. Unlawful Detainer Law In California, the term ‘rent’ doesn’t cover additional charges like late fees, interest, or damages. To […]
What are some reasons for withholding all or a portion of a tenant’s security deposit? Primarily the security deposit is withheld to pay for payment of expenses related to physical damage by the tenant which includes certain repairs other than normal wear and tear which are the landlords’ responsibility. The security deposit may also be […]
Showing rental property When a tenant provides a 30-day notice of intent to vacate, our standard practice is to immediately showing rental property for rent. Of course, there are exceptions to this rule, for example, if the rental property owner intends to remodel with an undetermined completion date, a water leak is identified, or if […]
What are Tenants Responsible For in a Rental Property? Just as landlords have specific responsibilities in any rental agreement, so too do tenants have certain responsibilities. For the most part, tenants are only required to maintain the premises in respectable condition, and to perform minor maintenance activities. Such things as changing the batteries in smoke […]
Guide on Evicting your Tenant in San Diego No landlord or property owner really wants to go through an eviction process, especially since it’s almost always a long, drawn-out process that engenders all kinds of rancor on both sides. The eviction process can generally be avoided by establishing strong lines of communication, which promotes understanding […]