Our rental agreement calls for rent to be due in advance on the first of each month. If the rent is not received by the 3rd, a 6% late fee is incurred. If the 3rd falls on a Saturday, Sunday, or holiday, the rent may be received on the next business day with no late fee. For example, if the 3r
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01/31/2010
If a water heater installation, parts and labor, costs $500.00 or more, California Building Code requires that a permit be taken out and a final inspection be performed by the county. For any rental property, the permit is supposed to be on display near the water heater. With the Sacramento Cou
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01/30/2010
I own a nice car and try to take care of it. Two months ago I decided to take care of two side dings that had occured from unknown persons opening their doors and hitting my car. The cost to fix the two was about $125.00. I was happy with the fix. I then committed myself to park my car a littl
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01/29/2010
This may not be the most exciting subject, but it is an issue this time of year. Each December, rents are sometimes paid by tenants late in the month that represent rent for January of the next year. In California, Property Managers must deposit trust funds within 3 business days into their trust
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01/28/2010
The Wall Street Journal has reported that sales prices have declined 10.7% in the Sacramento Region from December 2008 to December 2009. That, of course, is on top of steep declines over the previous 2 years before that. That puts Sacramento in 7th place nationally fo the highest percentage dec
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01/27/2010
Are you thinking it is due to man and global warming? Or is it because we pollute so much? Could it be because earth has so much water or oil underground? Maybe the gravity of the sun and moon? No it is none of these. The reason is because on Mars and Venus and the rest they have Marsquakes
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01/26/2010
Property managers have a lot of rules they must live by. Some tough and some easy. One of the tough ones is handling clients money properly. A trust account is used to protect clients money from that of the property management business. If funds are in a trust account, they are protected from
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01/25/2010
Did you know that a property manager that handles money for their clients must deposit all clients funds, including rent and any other client money, into a trust account? A trust account is opened at a bank and simply carries the name "Trust Account" as part of the name of the account. For exa
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01/24/2010
James is one of our property managers at HomePointe and he knows his stuff.The topic of rental pricing is discussed continuously--in every imaginable way. New and existing clients have an agenda as well as as the real estate professionals who sell and lease their client's property. The goal for
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01/23/2010
I am coaching an 8th grade boys basketball team for a local school here in Sacramento. I played basketball in college and have coached grammer, junior high, and high school teams over the years. I know a lot about the sport and how to play it. Today, after our game one of the parents came up t
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01/23/2010
