Having a written criteria list for your rental applicants is pertinent in your rental business and serves several purposes. By attaching a copy of your rental criteria to each blank application form, you are informing your applicant of a list of conditions that must be met for them to be considered as a future tenant…
The Year was 1999 and the Los Angeles Lakers just moved from the Great Western Forum in Inglewood to Staples Center in Downtown L.A. They had a shiny new home for their brand new superstars Shaq and Kobe. The Lakers hadn’t won a playoff game past the second round in eight years and they were…
Question One: I have a tenant that is on a one year lease. Without notice, he vacated halfway through the lease term. At the same time, I had another tenant who properly vacated at the end of her lease. I understand that the man who left will be responsible for the remaining portion of the…
Avoid discrimination within the screening process by carefully considering how you approach your application process. Claims of discrimination often arise in relation to the applicant screening process. This can be a tricky area to navigate, and one where even well-intentioned people can find themselves on the wrong end of a discrimination claim.
California’s 2019 legislative session recently came to a merciful end. Despite the fact that the Legislature passed dozens of bills assaulting basic economic rights, it could have been far worse for taxpayers. Indeed, in remarkably good news, the most dangerous threat to Proposition 13 was defeated.
California’s attempt at stabilizing the rental market with the passage of the Tenant Protection Act of 2019 will soon prove to be a failure of epic proportions. Proponents of this bill argue that rent control is needed to maintain some degree of affordability in high-price areas, but they couldn’t be more wrong. What California really…
As a new or experienced landlord, you probably know that there are all kinds of things (both big and small) that can cause problems and consume your precious time. Between dealing with building maintenance, difficult tenants, and financial concerns, being a rental property owner can be exceptionally stressful.
Hello everybody. Most members of the Apartment Owners Association own or manage at least one apartment building. Some of those members, as well as non-member readers of this AOA magazine, may own commercial property, or at least aspire to someday own commercial property.
Income and wealth inequality have grown in the last fifty years. On National Public Radio a professor in favor of inclusionary housing dismissed the data which seemed to say inclusionary housing policies decreased the rate of construction in the inclusionary housing zone in relation to the broader marketplace. I’ve heard many people do the same.…
You own and operate a property management company in California. You have your license, you’ve done the training, you’ve provided excellent service to your clients, and built your business…but, you’re concerned aren’t you? What if something goes wrong? What if there is a fire? What about deferred maintenance? Am I doing everything I can and…