Two of our Residential Property Managers (Amber and Krystal) and one Commercial Property Manager (Julie) will all be having babies this holiday season! The residential division had a baby shower for Amber and Krystal and loaded them up with all the essentials for their first babies. This will be Julie’s third son. As an added bonus, Ben Tiner’s wife is also expecting their fourth at the same time. Tiner Properties has spent the last several months overstaffing and training additional help for this exciting time.
Tiner Properties has noticed a significant increase in disputed Security Deposit refunds with our tenants recently. We are aggressive in making every allowable deposit deduction in order to restore your property to pre-rental condition between tenants within the boundaries of the law. We take pictures before and after each tenant, and spend a lot of our time documenting why our charges are fair with the tenants. In most cases we are able to resolve these disputes without ever involving you. Despite this, we still receive a substantial amount of disputed deposit refunds which need to be resolved. It is in the Owner’s best interest to amicably resolve these disputes (usually with a small monetary concession) prior to any court actions.
Small Claims Court is extremely “tenant friendly” and can award up to triple damages (3 times their total deposit) to the tenant in cases where the court deems the deposit refund was withheld in “bad faith.”
Over the past 2 years, Sacramento landlords have enjoyed an increase in rent values. With the start of school this year, we are finally seeing a softening of rent values. While it is still an excellent rental market we are no longer receiving as many quality applicants as quickly as we did just this past summer. We have still been able to increase rents, but not as dramatically as before the slow season. Halloween through New Year’s is typically the slowest rental time of the year. If your property comes vacant during this time we may need to make price adjustments to get it rented to a well-qualified tenant. The good news is that we normally still receive multiple good applicants to choose from – but that make take a couple weeks rather than a couple days.
A new law has comes into effect January 1, 2017 which requires landlords and all sales of single family residence to install low-flow (1.6 gallons) toilets. In anticipation of the new law, Tiner Properties will only install low flow toilets when any work is needed on the toilet, or any other work that requires a permit. County/ City Inspections will require this upgrade. Please let your Property Manager know if you would like to proactively upgrade your toilets.