Stockton has second fastest growing rents in nation

Stockton has second fastest growing rents in nation



Is your Pg&e bill high due to this hot weather? We have all at one point crank up our Ac this summer. Well, here is a few ways to keep your home cool and your bill low.
Keep your blinds closed and doors shut. This helps the unwanted heat out and prevent the cool air from vanishing these areas during the hottest part of the day.
Keep your fans on high at all times. Also keep your body temperature cool by drinking ice cold beverages and applying a cold cloth on neck and wrist areas.
During the night, try to not use the oven or stove to often. BBQ dinners are always a great idea to enjoy the summer nights. It will also keep the degrees in your home a lot cooler. Keeping the windows open also helps night air flow through the home to keep cool.
Wearing thin and loose fitting clothes reduces your body temperature and keeps you cool throughout the day.
Hope these tips help you keep cool and your bill low during these hot summer days.
There are times when owning a rental property can feel like pouring silver dollars into a big bottomless hole with no chance of recovering them. After a vacancy and repairs, the property successfully rents and then the tenant wants the property owner to spend more money on repairs. It could be a big property tax bill is due or the mortgage is adjustable and the payment is more. The property owner's attitude is - when is it going to end and why should I spend more?
There are times when it may seem never ending but it is important to stop and consider the tenant request; even if there have been recent expenditures. It may be logical to turn down the tenant's request but before doing so, it is important to ask a series of questions before automatically saying "no." Here are questions with appropriate examples.
- Is the request a habitability issue? Example: there are large holes in the carpet that cannot be repaired and this could cause residents to trip and fall; if this happens, the insurance will probably not cover the accident if there is known neglect; it would have been cheaper to replace the flooring.
- Is this request reasonable? It may be that the kitchen curtains are torn and dirty; the only solution is replacement and it reduces complaints from the tenant. Would you want to live with this condition?
- Will refusing the request increase the chance of a shorter tenancy and increased possibility of a vacancy? Example: the request is reasonable but the owner turns it down and subsequent other reasonable requests; the tenant is not happy and there are many properties on the market; at the first opportunity, the tenant gives notice so they can find a better rental property.
- Can the property owner delay this request for a reasonable period? Example: the tenant wants a new dishwasher installed because the current one is rusting and does not wash well; because of many recent repairs, the owner agrees to install a new one in six months and the tenant is satisfied with this compromise.
- Is it appropriate to ask the tenant to share in the cost? Example: the carpet is serviceable but an outdated color. The property owner proposed they would put in new carpeting but that the tenant pays forty percent of the cost; the tenant agrees because it is cheaper than moving and they like the location.
Ultimately, will the tenant request provide any return on investment (ROI)? If you look at any of the previous questions and examples, you will recognize that any of them will increase a return on the investment for one or all of the following reasons.
- By keeping the tenants happy and reducing the vacancy factor
- By improving the property
- By reducing liability and costly litigation
When should you turn down a tenant request? There are times when a tenant request is definitely unreasonable and is definitely unnecessary. Just take the time to consider the request and discuss the request with us to seek any possible solutions. We want the best for your investment.



Responding to Residents for after hour maintenance emergencies:
Are we available for your residents 24-7? Please realize that this does not mean following up on minor issues that can be easily addressed in the light of day. It does mean that when you have a legitimate concern, are we easily reachable, even if just for some reassurance?
If you’re a little confused on what constitutes a legitimate emergency, here are some issues that we should respond to as quickly as possible. And remember, if you’re not sure, err on the side of the emergency being important and pick up the phone and call.
Major leaks, which can not be contained or issues such as a toilet or sink overflowing from an upstairs units.
A fire causing major damage.
A clogged toilet when you only have one toilet
A break in, leaving your home unsecured.
Any structural issues. This can include anything from collapsing balconies, stairways, carports, or ceilings.
Any gas smells. While hopefully residents have been instructed to call the local gas company in the event of a gas smell, this is an issue that managers need to address promptly.
While we do not to respond to every issue that arises after hours, it’s important for residents to know that should an emergency arise outside normal business hours, we are only a phone call away.

1) How many days do I have to wait to get my security deposit back?
California Civil Code Section 1950.5 requires that within three weeks (21 days) after a tenant has vacated the unit, the owner must either: 1) return the security deposit to the tenant, 2) furnish a copy of an itemized statement indicating the amount of any part of the security deposit used (e.g. for unpaid rent, repairs, etc.), or 3) a combination of #1 and #2.
Effective January 1, 2003, rental property owners must give the tenant an option to perform a walk-through with the residents no earlier than two (2) weeks prior to the termination of the tenancy. The intent of this new law is to give residents an opportunity to remedy identified deficiencies in the unit prior to move out.
2) Can a landlord increase the rent more than two times per year?
If you have a lease for more than 30 days (e.g. 1-year
lease), your rent cannot be increased during the term of the lease, unless the
lease allows rent increases. If you have a periodic rental agreement
(month-to-month), your landlord can increase your rent, but must give you
proper advance notice in writing. (Civil Code Section 827 (b))
3) How much can a landlord legally raise the rent?
Under California Law there is currently no maximum limit for rent increases.
As of January 1, 2001, a landlord must give the tenant at least 30 days’ advance notice if the rent increase is 10 percent (or less) of the rent charged at any time during the 12 months before the rent increase takes effect. A landlord must give 60 days’ advance notice if the rent increase is greater than 10 percent. (Civil Code Section 827b.)
4. When can a landlord enter an occupied rental unit?
California laws gives five (5) reasons that a landlord can legally enter a rental unit.
(1) In an emergency.
(2) When the tenant has moved out or has abandoned the rental unit.
(3) To make necessary or agreed-upon repairs, decorations, alterations, or other improvements.
(4) To show the rental unit to prospective tenants, buyers, or lenders, or to provide entry to contractors or workers who are to perform work on the unit.
(5) If a court order permits the landlord to enter.
Effective January 1, 2003, California Civil Code 1954 states that except in the first two situations above (emergencies and abandonment), the landlord must give the tenant twenty-four (24) hours written notice before entering the unit.
The notice may be provided by the owner in one (1) of the following ways:
-Personally delivered to the tenant twenty-four (24) hours prior to entry;
-Left with someone of suitable age at the premises twenty-four (24) hours prior to entry;
-Left on, near, or under the usual entry door of the premises twenty-four (24) hours prior to entry; or
-Mailed to the resident six (6) days prior to the intended entry.
If the owner or agent’s reason for entry is to exhibit the residential unit to prospective or actual purchasers, the notice may be given orally, in person, or by telephone. If the owner or agent has notified the resident in writing within 120 days of the verbal notice that the property is for sale and that the owner may contact the resident orally for the purpose of showing the unit, a twenty-four (24) hour verbal notice is presumed reasonable. At the time of entry, the owner or agent shall leave written evidence of the entry inside the unit.
5. How much advance notice must my landlord give if he wants a tenant to move out of the rental unit?
Landlords are required to provide a 60-day advance notice to a resident if the landlord elects to terminate a tenancy. If the tenant has resided in the unit less than 1 year, the landlord is only required to give a 30-day notice. (Civil Code Section 1946.1)
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2431 March Lane #220
Stockton, CA 95207
LOCAL TEL: 209-478-4111
TEL: 800-750-0017
FAX: 209-472-9555
DRE# 02080627
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