A new statewide rent control law went into effect for California in 2020, and it’s called the Tenant Protection Act or AB1482. There’s more involved than just rent control, and if you’re feeling overwhelmed and confused about what this new law means for you and your rental properties in San Diego – you’re not alone. As we implement and execute these new regulations, there are bound to be questions that can only be decided in court.
At Mercer Properties, we’ve been leasing and managing homes in the San Diego area for more than 30 years. This experience has taught us a lot about how to effectively advertise a rental property. You might have the best rental property on the market, but if no one knows about it, that great property will remain unoccupied, and you won’t earn any money on it.
Understanding the difference between tenant damage and normal wear and tear is important when you’re renting out a property in San Diego. According to California law, tenants are responsible for paying for any damage that they cause to a property, but the landlord is required to handle any issues ta are considered normal wear and tear.
Vacancies are expensive for investors, and the money you lose cannot ever be earned back. While it’s impossible to completely eliminate vacancy times, you want to be sure you can minimize them as much as possible. We have a few tips that will help you keep your vacancy days down. When your San Diego rental home is consistently occupied with a good tenant, you earn more money.