Are Landlords Required to Provide Air Conditioning in San Diego?

If you own rental properties in San Diego or you think about renting a property in the area, you may be wondering if landlords are legally required to provide air conditioning in rental properties?

The answer to this question is no, landlords in San Diego are not legally required to provide air conditioning in rental properties but, if a rental property currently has an air conditioner installed, the landlord is required to maintain that air conditioner. (Source: Landlordology)

A Landlords First Requirement Is to Make Sure That the Rental Is Habitable 

In California, a landlord’s first responsibility is to make sure that their rental property is in “habitable condition”. This means that it must be pest free and have all the things that a typical home or rental property normally has including: running water, working electricity, a roof that doesn’t leak, and most important of all the property must be safe for the tenants live in.

If a landlord in San Diego has met these requirements, they can consider themselves to be following the law but, the reality is that most landlords do include air conditioning with their rental properties because in 2019 just about every tenant views air conditioning as a basic human right.

Although residents of Chula Vista, Oceanside or San Marcos may not use the air conditioners on a regular basis during the summer months, a resident of towns like El Cajon or Ramona will definitely be using their air conditioners a lot during the summer because temperatures in these towns can easily reach into the triple digits four consecutive days each summer.

Yes, it’s true, that landlords in California are not legally required to provide air conditioning in their rental properties but, there are some states where a landlord is legally required to provide air conditioning and the states include Nevada, Phoenix and some parts of Texas.

Contact GoldenWest Management

For more information regarding this issue, or to speak with us about our property management services, contact us today by calling (866) 545-5303 or click here to connect with us online.

 

GoldenWest Management
Investment Property Solutions
CA LIC# 071791904

What Are The Risks That Can Come With Investing In Multifamily Rental Properties?

Are you planning on investing in multifamily rental properties in San Diego, Phoenix, or Las Vegas? If so, you’re making a smart choice!

As with any investment, there are potential risks involved which can possibly affect your real estate investment, this is why in this article we will share with you several of the risks that you should be aware of when investing in multifamily rental properties.

The Economy And Multifamily Rental Properties

In 2019, Multi-family rental properties continue to be the investment of choice for many Real Estate Investors across the United States, including famed investor Grant Cardone because, as he once said “more doors equals more income”.

Sadly, for investors who don’t have millions of dollars in capital to work with like Cardone, another economic downturn like what we saw in 2008 could adversely affect their multi-family rental property income.

Right now, the economy in the United States can be considered to be quite stable, if not even robust, but if the economy goes upside down as it did in 2008, massive job losses in California or other states could make it impossible for some tenants to pay their rents and cause them to look elsewhere for work.

When there are fewer jobs in an area than before, lack of jobs will also naturally make it more difficult for some owners to fill their apartments, condos, or town homes and they may have to accept lower rents if they want to fill those vacancies.

Investors Must Know What “Stage” The Real Estate Market Is In Before Buying Multifamily

In the real estate markets of Southern California, Phoenix, and Nevada, it’s not been uncommon over the years for Real Estate to be affected by peaks and valleys in the market. We saw this happen last year when mortgage interest rates increased in August of 2018 and with that increase also came a drop in buying activity.

Investors who plan on buying multi-family rental properties in California or elsewhere across the United States should be aware off the stage that the real estate market is currently in just as they don’t purchase a multi-family rental property at the wrong point in the market cycle and ultimately lose money.

Contact GoldenWest Management

Besides the risks that we’ve mentioned already in this article, some of the other potential risks that investors should be aware of include potential litigation risks, management risks, and competition from other multi-family rentals in the area where they are planning on investing in a multifamily rental property.

To protect your multi-family investment and ensure that is professionally managed contact GoldenWest Management stay by calling us (866) 545-5303 at or click here to connect with us online.

 

GoldenWest Management
Investment Property Solutions
CA LIC# 071791904

SB 151 – What Is It? How Does It Affect Renters in Nevada?

LAS VEGAS, NV. – 2019 is shaping up to be a big year for owners and renters in Nevada, mainly thanks to SB 151, new tenant protection legislation that officially went into effect on July 1st, 2019.

In this article, we will break down SB 151 so that anyone who owns or rents a property in the State of Nevada will be more aware of how this new legislation affects them.

What Is SB 151?

SB 151 provides tenants with more time to deal with the consequences of eviction after they have had an eviction notice posted on their home.

If an evictions notice is posted on a tenant home, they will now have seven judicial days to pay their rent or quit.  The previous time frame was five calendar days, that Nevada tenants had before this legislation was passed.

With SB 151, the period of time that a constable has to remove tenants from a rental property has been increased from not later than 24 hours after they’ve posted the notice to no earlier than 24 hours after the evictions notice has been posted.

SB 151 also keeps the amount of time a person has after receiving a written notice to surrender real property or mobile home to 3 days unless the property transferred in a residential sale, and clarifies that the new owner has the same rights, obligations, and liabilities as of the previous owner.

Last, of all, this new housing legislation also enables an owner to utilize an attorney or agent to prosecute the eviction action on their behalf. Eviction service companies now have to obtain a process server permit/license in order to properly serve notice to pay or quits.

Controversial Bill

With more tenant protections bills being passed across the United States, lawmakers in Nevada had been eager to get SB 151 passed although the bill was widely opposed by most business organizations in Nevada including Nevada Realtors®.

The people most affected are landlords who are either self-managing or those who have property managers doing all the court and notice service in house. They will now need to go find a permitted process server to carry out these tasks.

Tenant’s groups have said that the bill will improve tenants’ rights in Nevada by giving them more time to go through the evictions process. The bill’s language also states that a landlord must allow tenants the right to enter their rental properties for essential items or lifesaving medicines after they’ve been evicted.

Organizations who opposed SB 151 claim that by giving tenants more time to go through the evictions process, this will make it more difficult for owners to get their properties back on the rental market.

Now Effective as Of July 1st, 2019

Regardless of the opposition, SB 151 is now law as of July 1st, 2019 and this also means that owners have to update their residential lease agreements to reflect the new language since the changes from this law have now gone into effect.

GoldenWest is already ahead of the game when it comes to eviction service. GWM works with a third eviction specialist to ensure notices are processed appropriately. Our system already accounts for the longer process times, so we will still be prepared to file in court by the 16th of each month. Finally, GWM always has a licensed manager ready to handle court appearances for contested evictions or constable meet up for lockouts.

Contact GoldenWest Management

To speak with us about our property management services, contact us today at (702) 685-7696 or click here to connect with us online.

 

GoldenWest Management
Investment Property Solutions
CA LIC# 071791904

Things to do in San Diego during the summer

Are you planning on visiting the San Diego area this summer? If so, SD is one of the best places to be during the summer months because we enjoy moderate temperatures when compared to the rest of the country and there are many fun things to do in the San Diego area.

Here are a few things that you should consider adding to your schedule of things to do in San Diego this summer.

Visit the San Diego Zoo

The San Diego Zoo should be first on your list of places to visit in San Diego because it’s a great way to spend the day while viewing the wide variety of animals that live in the zoo.

Tip – Be prepared for the day by wearing a pair of comfortable walking shoes because there are some uphill paths. You should also bring a bottle of water, a hat, and sunscreen so you don’t get sunburned.

Cost – Tickets for the San Diego Zoo range from $46 for children ages 3-11 and $56 for people ages 12 and up.

Check Out Balboa Park

Located right next to the San Diego Zoo, Balboa Park is another iconic San Diego area attraction that should not be missed because there are a wide variety of interesting museums, shops, and fun things to do that are affordable and family friendly.

Hit the Beaches

From Imperial Beach to Oceanside, there are a wide variety of beaches to visit in the San Diego area and all of them offer something different!

Tip – If you plan on visiting one of the San Diego areas beaches be sure to get there early because parking goes fast at the beach, especially during the summer months!

Take A Cruise!

The San Diego Harbor Cruise is another great way to enjoy to get out and enjoy the natural beauty of the San Diego Harbor area and see local landmarks while still being close to shore!

Tip – The Harbor Cruise goes out during the day and night so there’s plenty of time for you to get your cruise on especially if you want to have a romantic night out with your significant other.

Contact GoldenWest Management

To learn more about things to do in the San Diego area, or to speak with us about our property management services, contact GoldenWest Management today by calling us at (866) 545-5303 or click here to connect with us online.

 

GoldenWest Management
Investment Property Solutions
CA LIC# 071791904