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Wellspring Property Management Blog

Blog Post

California Landlords: AB 2493 Changes Rental Application Fees in 2025—Are You Ready?

By Wellspring Property Management Wednesday, June 4, 2025
If you charge tenants a fee to apply for your rental property, there’s a new California law that directly affects you starting July 1st. AB 2493 introduces changes that limit how much you can charge and tighten the rules around transparency and documentation. Here&rsqu...
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Blog Post

Your Tenant's Credit, Your Responsibility?

By Wellspring Property Management Wednesday, May 7, 2025
Starting July 1, 2025, California landlords who own or manage 15 or more units across all their properties—or are managing on behalf of an owner with 15+ units—will be required to report rent payment history to at least one of the three major ...
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Blog Post

New CA Security Deposit Law Update!

By Wellspring Property Management Wednesday, April 2, 2025
Security deposits have long been a point of contention between landlords and tenants, often leading to disputes over deductions and return timelines. With the passage of AB 2801, California is introducing new regulations aimed at increasing transparency, protecting tenants f...
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Blog Post

MAKE IT OR BREAK IT

By Wellspring Property Management Wednesday, March 5, 2025
Why Pricing Your Rental Property Correctly is THE Most Important Decision for ROI When it comes to renting out your property, pricing is one of the most important decisions you’ll make. Many property owners set rent based on their mortgage, expenses, or what they "need...
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