Many landlords in Temecula, California require their tenants to pay a security deposit before they move in. It’s a one-time, refundable fee and is usually equivalent to the rent of one month. So, why do landlords require it? They require it for various reasons. Generally speaking, it helps in protecting them against financial ruin. The… [Continue Reading]
Renting Below Market Value Consequences
Although it is legal to rent your property below the market value it is not the best idea. Let’s say that you want to rent your property below the market value as a favor to family relative or friend, you might be doing them a favor but at the long run, it will have a… [Continue Reading]
Top Reasons Renter’s Insurance is Essential for you!
As a renter, you do need to think about financially protecting your assets. Here are a few reasons it is essential for you. After a flood, disaster, vandalism, fire, windstorm, etc that ruins the property that you are renting, the owners insurance will repair the damage to the property, but not to your assets like… [Continue Reading]