Pittsburg vs Nearby Cities
Pittsburg is positioned along the Suisun Bay in western California and often features a median listing price over $400,000. This is a comparable price to some nearby cities, including Antioch and Fairfield. These prices are significantly higher than the national average, but there are some nearby cities with even more aggressive real estate markets. For instance, the median listing price in Concord is around $550,000, and the median home price in Livermore is often around $750,000. Even higher home prices are found in Walnut Creek, which boasts a median listing price close to $800,000 much of the time. Renters can expect to pay $2,000-$3,000 per month on average in all of these cities.
Pittsburg Property Managers
Property owners and real estate investors often hire managers for their real estate experience and managerial skills. A seasoned manager can determine the best rental rate for each unit while handling the screening and leasing agreements to keep all units occupied. Managers are also aware of all state landlord-tenant laws.
Pittsburg Property Management Fees
Property managers typically customize their rate to the needs of each client, but most property owners will pay less than 10 percent of the rent collected each month. This rate can go a bit higher if the owner asks for additional services or if the property is more demanding.
- When a dispute erupts between a landlord and tenant in California, the parties may agree to use arbitration or mediation to solve the problem.
- Landlords cannot charge more than twice the monthly rental rate when asking a new tenant for a security deposit. The maximum deposit goes up to three times the monthly rate if the rental unit is furnished.