Fresno vs. Nearby Cities
Fresno is comparable to many of the smaller cities nearby when it comes to real estate prices. These cities offer lower home prices than you will see in many larger California cities. For instance, you can expect to see median listing prices approaching $250,000 in Fresno as well as Madera, which is located about 20 mile to the north. Home values are around $200,000 in both cities, and median sales prices typically hover around $200,000.
If you move a little further from Fresno, prices start to rise. The median listing price for homes in Modesto can push close to $300,000 at times while listing prices in Visalia often soar above $250,000.
Fresno Property Managers
Property managers in Fresno can help you establish and enforce policies that are critical to the management of rental properties. They may ensure that residents are paying the proper pet deposit or following community rules on smoking. They can also manage larger issues like repairs and tenant recruitment.
Fresno Property Management Company Fees
Every property management service will structure their fees differently. Some will allow you to customize your contract based on the needs of your property while others charge a basic management fee with added charges for additional services. It’s important to understand what is and isn’t covered in your quoted fee.
California Landlord/Tenant Laws
- Even if a rental property has no history of bed bug infestation, California landlords are now required to provide bed bug information to all tenants.
- Landlords can charge late fees if rent is turned in after the due date, but the rental agreement must clearly state the amount of this fee.