Stop Losing a Month’s Worth of Rent! For many landlords, it seems normal to lose a month’s worth of rent anytime they have a vacancy. One landlord wanted to review and compare her own turnover procedures with other landlords. She asked the following questions to fellow rental owners to consider if there was room for…
“Oh no! Here comes that woman from apartment 302. You know, the one who’s always complaining”. Nothing can ruin a good day more quickly than a resident with a complaint! You see them coming through your office window and want to hide in the closet. Or, you see their name displayed on caller ID and…
Hello everybody. In recent years the incidents of lawsuits filed by disgruntled resident managers against their employing owners or management companies has grown from rare to frequent. The principal reason for this is the ease by which managers can now access applicable laws by using the Internet.
Q: I have a potential tenant that has been arrested in the past. Can I deny his application based on his arrest?
Whether you are a Republican or a Democrat, conservative or liberal, you will want to be aware of what I write about below. The “Establishment” Republican leaders are quietly pushing for a huge tax increase that has yet to get much attention in the mainstream media.
Just like in any other business, marketing in multifamily has core groups of people to focus your marketing efforts on. One of these core groups is current residents. A well-known rule of marketing is that it is easier to sell to an existing customer than to a new customer. For starters, the existing customer is…
Today, multifamily housing investors look for renovation ideas that offer them optimal utilization of available space within their budget. A professional renovation contractor can help you augment the exteriors and interiors of your home aligned with your business objectives. Every year the multifamily industry witnesses change in home remodeling and designing trends and 2017 is…
Question One: I have a tenant in a rent control property located in Los Angeles. This tenant is on a two-year lease agreement. After the first year, is it permissible to raise the rent 3%, pursuant to the rent ordinance?
When was the last time you had a walk-through with your tenant prior to them vacating the unit? The law regarding having a pre-inspection with your tenant was passed in 2003 however, many of you are still not following the proper procedures. Did you know that the number one reason a landlord is sued by…
Democrats on the Senate Governance and Finance Committee blocked Senate Resolution 39 by Senator Mike Morrell (R-Rancho Cucamonga), a measure that would have recognized the historic passage of Proposition 13 and its role in keeping property taxes low for homeowners. The committee’s rejection of this measure comes on the heels of the largest gas and car tax…