Relocating, Upsizing or Downsizing? Should I Rent My Property Rather than Sell It in San Rafael?

Here at the National Association of Residential Property Managers (NARPM) conference in Maui, we’re asking an important question: If I’m a homeowner with a $3 million home, why should I consider renting it instead of selling it? At Foundation Rentals, we get this question a lot, and at first, it can seem crazy to rent out such a high value asset. But honestly, half of our portfolio is multi-million dollar homes, and there are a couple of good reasons for that...

How Much Can I Charge for a Security Deposit? Property Management San Rafael

Landlords who aren’t sure how much they can charge for a security deposit can easily find the answer within California state law. The maximum you can take for a security deposit is the equivalent of two months’ rent for an unfurnished property. However, if you have a furnished property, you can take as much as three months of rent as a deposit. There are a few other things to consider when you’re collecting that deposit.

Should I Allow Pets in My Rental Property? San Rafael Property Management Advice

Many landlords struggle with the question of whether or not they should allow pets in their rental property. If you are allergic to pets and you plan to return to the property one day, the answer is simple – no. You don’t want to move back into your home and have a serious allergic reaction. However, if you want to increase your ROI, you should consider a very well qualified applicant who comes to you with a pet.

Brexit Shock Effect on Tiburon Mortgage Interest Rates

Brexit Shock Effect on Tiburon Mortgage Interest Rates

By the end of last week, homeowners who keep an eye on Marin mortgage rates had a remarkably clear view of what the future is likely to bring. “Brexit” had all but sealed the deal.

Part of the reason for the resurgence in the local real estate market has been the phenomenon of Marin County historically low mortgage interest rates. Following 2015’s first rate hike in nine years (and the promise that two or three more were in store for 2016), across the nation, financial commentators foresaw the expected gradual rise in mortgage interest rates to act as a moderating influence on home sales activity. In other words, a market that would slowly grow a bit tighter.