Losing an eviction case is a landlord’s nightmare. One of the most common ways an owner loses an eviction is by “waiver.” The theory of waiver is like the ocean in the movie “Jaws”: seemingly calm waters on the surface, but a monster beneath. Many landlords underestimate a waiver’s potential to sink their eviction case. …
Have you ever had your work force quit on you over a period of four weeks? That was your employees firing you! Whenever you lose a team key player, who you loved, to another company, you need to step back and wonder why. Let’s face it: in today’s economy, it costs a small fortune to…
In July, 2017, the California Senate voted to pass Senate Bill 2 which would impose a new $75 tax on real estate documents filed with each county’s clerk recorder. If the bill becomes law, the projected revenue — over $250 million annually — would be dedicated to low income housing programs.
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.
“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…
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…
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…