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For decades, California's housing policies have balanced rental limits with landlord freedoms, largely thanks to the Costa-Hawkins Rental Housing Act. Enacted nearly 30 years ago, Costa-Hawkins restricts cities from applying rent control to certain properties—specifically, single-family homes and apartments built after 1995. Additionally, it allows landlords to set rental rates freely when a new tenant...

California has introduced several important laws impacting landlords and tenants. Here’s a breakdown of the changes: 1. Security Deposit Limitations (AB 12)Effective July 1, 2024, AB 12 caps security deposits at one month’s rent for most residential rentals. Exceptions allow up to two months’ rent as a security deposit if the property owner is an individual or LLC owner of two or fewer...

California has introduced five crucial rent control laws in 2024 that impact landlords, tenants, and property managers. Here’s a breakdown of what’s changing: 1. Security Deposit LimitationsA new law now caps security deposits to just one month’s rent, significantly reducing the upfront cost for tenants. This replaces the previous standard of requiring two months’ rent, easing the financial...

Dealing with tenant damage to rental properties can be a challenging aspect of property management. As a property owner, you may have the right to charge tenants for repair costs, but it's crucial to navigate this process carefully. Charges should only apply to damages that exceed normal wear and tear, and the estimated useful life of the damaged item or area must be considered to ensure...

It’s finally vacation time! Bags are packed, flights are booked, and the relaxation awaits. But before locking up your home for that well-deserved getaway, ensure your property is safe so you can fully enjoy your break. Here are EASE CRE’s essential tips for securing your home while you’re away. 1. Notify a Trusted Contact Whether you rent or own, it’s always wise to inform a reliable person...

Real estate is a time-tested way to grow wealth, offering ongoing income and long-term value. If you're considering diving into property investment, here are some key aspects to weigh before becoming a landlord. Are You Ready to Be a Landlord? Before you proceed, ask yourself if you’re prepared to manage rental properties. Handling tenants can be rewarding, but it also comes with challenges....

When it comes to managing your rental property, many homeowners often focus primarily on management and leasing fees. While these factors are important, choosing the right property management company requires a more comprehensive approach. Here are three essential tips to help you make an informed decision: 1. Inquire About Additional Fees It’s crucial to understand all the fees associated with...

When your tenants move out at the end of their lease, you may notice that the property looks different than when they first moved in. It’s natural to wonder if they should be charged for the changes. However, the distinction between normal wear and tear and tenant-caused damage is crucial. Normal Wear and Tear vs. Tenant Damage Tenants are accountable for any damage resulting from negligence,...

Are you facing challenges with tenants who are difficult or fail to adhere to their lease agreements? As a property owner, it’s essential to work with tenants who demonstrate good faith. However, having a proactive plan for addressing problematic tenants who refuse to cooperate is equally important. While the legal processes involved in eviction can be costly and time-consuming, a troublesome tenant...

Investing your money is a smart strategy for building a solid financial foundation for retirement. While there are various avenues for investment, real estate stands out as one of the most reliable long-term options. Let's explore why investing in properties through EASE CRE can be a game-changer for your financial future. 1. Enhanced Control Over Your Investment When you invest in real estate, you...