Seven Steps to Increase Resident Retention By – Lori Hammond
Many property management reports focus on occupancy. Every week, how many move-ins will you have? What do you have as preleases? The number of lease renewals is equally important.
Many property management reports focus on occupancy. Every week, how many move-ins will you have? What do you have as preleases? The number of lease renewals is equally important.
When the Air Force assigned Lyndsey and Sharon Ballinger to Washington, D.C.in 2015, the Ballingers kept their Oakland, California, house and rented it out on a month-to-month lease so they could move back.
You’re about to discover the 10 commandments of property management.
If you are reading this article, you almost certainly know about the Tenant Protection Act of 2019 (Assembly Bill No. 1482), the state-wide rent control law, and you probably have carefully considered how this law affects you and your properties. You may not yet have fully thought through, however, how this law might affect your…
Emily’s Notes: Triple-Net Properties This last election was only the latest battle of a seemingly endless war, but Emily was at least temporarily relieved when Proposition 10, the “Local Rent Control Initiative” failed by a vote of 60% to 40%. That rent control measure would have allowed localities to layer new burdens on residential landlords,…
When rental relationships sour, even the most conscientious investment property owners can be slapped with a lawsuit that may cost tens of thousands of dollars to defend against regardless of the merits of the case.
Recently, the Los Angeles County Board of Supervisors voted 4-1 to enforce a six- month temporary Rent Control Ordinance for Unincorporated Los Angeles that took effect December 20, 2018. Annual rent increases are limited to 3% once a year and will be retroactive dating back to September 11, 2018.
One would think that if it’s the job of an Assemblyman to write a bill that impacts an entire state, then it would be done correctly the first time! Apparently, Mr. Chiu, the author of “Tenant Welfare” 1482, has created a lot of confusion throughout the state by writing one thing into law while meaning…
Q: I am a landlord and my tenant normally pays me the rent in person. A person I have never met is trying to pay the rent on behalf of my tenant. The check has the name of the third party on it and I do not want to create a tenancy with this new…
Deck and balcony safety is an important issue, and as a home or property owner it is important to stay on top of newly passed laws regarding this topic to ensure your buildings are always in compliance.