Did YOU Know

Renting Rooms Some landlords use the business plan of leasing individual rooms in a house, as opposed to leasing the house to a single family.  In general, more revenue can be collected by this business practice.  Unfortunately, there are a multitude of problems that can occur in this situation. In some jurisdictions, this practice is…

Secondary Market Rents Soar While Primary Markets Plummet By the Editors of the Rental Housing Journal

Secondary market rents are growing as rent growth is varying across markets as the divide between gateway and secondary metros continues to increase with the pandemic, according to the October report from Yardi Matrix. “With each passing month, outmigration from large gateway markets to secondary and tertiary tech hubs is amplifying. At this point, the apparent…

Raise the Rent? by Mercedes Shaffer

Is it a good idea to raise the rent every year, especially if you have a great tenant?  So many landlords don’t raise the rent annually for a variety of reasons, so let’s explore the benefits and potential drawbacks. Don’t Want to Lose Your Tenant? One of the most common reasons a landlord doesn’t raise…

Legal Q &A by Richard Beckman

Question 1: Other than AB 3088, which you covered in your online seminar in September, are there any new laws for 2021 that landlords should know about? Answer 1:  Apparently, the California legislature and Governor Newsom were as distracted by the pandemic as the rest of us, and, other than AB 3088, passed no laws…