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 […]
The state of California has enacted some laws which will have a significant impact on your rental properties for the coming year. Several of these laws have been discussed in the media and have received significant attention, but there are some lesser-known laws being enacted which you should also be aware of. Five of the […]
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 […]
Whether or not you have decided to allow dogs, cats, or Pets in a rental home in San Diego rental property boils down to two things. Primarily, you have will want to consider your income potential for the property, and Secondly, how much risk related to pet damages are you comfortable with? RISK VS. REWARD […]
What is “Chilling” in regards to fair housing laws and why must it be avoided? Fair Housing, Chilling refers to comments or acts designed to discourage applicants in a protected class from renting your properties and is, therefore, intentional discrimination. They are a form of obvious “steering” read about this in lesson 7. General examples […]
What are Steer Applicants and why should it be avoided What are Steer Applicants? Steering is an attempt by owners/managers to control where someone lives because of their protected class, regardless of how well intended. Perceived “steering” can result in a fair housing complaint. Common targets are: Families with children. Steering can include directing applicants […]
Q: Who sets the standards for accessibility, what is a reasonable modification and who is financially responsible? A: The ADA requires all properties where the public is invited, including a rental office, must be accessible unless: It is “technically infeasible” or poses an “undue financial burden” on the property. This includes not only rental offices […]