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Bond Property Management charges a flat 7% of monthly rent for full-service management, and 6% for multi-family properties of five or more units. Tenant placement is $595 for properties we manage.

Lease renewals, marketing, syndication, professional photography, and owner statements are included at no additional cost.

It depends on your time and your distance from the property. For owners who live nearby and enjoy the work, self-managing one property is reasonable.

For out-of-area owners, or anyone who values not fielding maintenance calls at 9pm, professional management usually pays for itself through better tenant selection and shorter vacancies.

Our 7% covers rent collection, maintenance coordination, tenant communication, monthly owner statements, lease renewals, marketing, syndication, professional photography, move-in and move-out inspections, and year-end reporting.

Repairs are billed by the vendor directly to the owner at cost, with no markup added.

That depends on the agreement you signed — many include fixed terms or early termination fees, so read the cancellation clause carefully.

Bond Property Management does not use long-term contracts. You can cancel anytime with 30 days written notice, with no termination fee.

Many do, typically a few hundred dollars or a percentage of one month's rent. We do not charge anything to renew a lease.

A renewal fee rewards turnover, and we would rather be paid to keep your property occupied with a good tenant than to keep replacing one.

A correctly priced home in good condition typically leases within two to four weeks in this market, faster in spring and summer.

Overpriced properties sit considerably longer, and the vacancy usually costs more than the extra rent would have earned. Accurate pricing is the single biggest factor.

Since July 2024, most California landlords may collect no more than one month's rent, whether furnished or unfurnished.

A natural-person landlord owning no more than two rental properties totaling four or fewer units may collect up to two months. That exception never applies to active-duty service members. Pet deposits and prepaid last month's rent count toward the cap.

No. California habitability law does not require landlords to supply a refrigerator. However, if you provide one, you are responsible for maintaining it in working order.

In most San Luis Obispo County rentals a refrigerator is expected, and homes without one tend to lease more slowly.

The owner pays for repairs. We coordinate licensed vendors and obtain your approval before work proceeds, except for genuine emergencies where delay would cause further damage.

Vendors invoice you directly at their actual cost — we do not mark up repairs or take a percentage of maintenance spending.

Credit history, criminal background, eviction history, income verification, employment confirmation, and prior landlord references.

We apply the same written criteria to every applicant, consistently, as required under California and federal fair housing law. Screening results are documented for every application we process.

Yes. Our placement-only service covers marketing, professional photography, showings, screening, and lease execution, then hands the tenancy back to you.

It is $1,495 for rents under $3,000 per month and $1,995 at $3,000 and above. No ongoing management fee.

AB 1482, the Tenant Protection Act, caps annual rent increases at 5% plus local CPI or 10%, whichever is lower, and requires just cause for eviction after 12 months.

Single-family homes and condos are exempt only if individually owned and the tenant received the specific statutory exemption notice in writing. Without that notice, the property is covered.