Question 1: In addition to the new statewide rent and eviction control law you wrote about last month, are there any other new laws coming up we should know about? Answer 1: Yes, there are several. One pertains to the amount of notice that will be required to impose a rent increase exceeding 10%. One…
DetailsWith utility bills on the rise and submetering systems often cost prohibitive, many property owners are considering ratio utility billing systems (RUBS). Instituting RUBS is an inexpensive way to make tenants financially responsible for their usage and incentivize conservation.
There are few things as frustrating, filthy and damaging as a clogged drain or toilet. Some systems seem to never have any problems; others seem to be constantly slowing or clogging and flooding things. What’s the reason for that?
Continued from Part 6 . . . Assuming Greater Risk What follows are additional examples of some of the techniques the Bond Geeks use to goose their returns. For clarity, the examples below will use hypothetical data and do not adjust for taxes, inflation, or other trifles that might obscure the larger point.
DetailsRecently, Swiss investment bank UBS and researchers at Campden Wealth Research published their annual report on the world of family offices. If you’re not familiar with the term, a family office is essentially a private wealth management group that handles investments, finances and other important matters for super-rich individuals and affluent families.
The Rent Stabilization Ordinance (RSO) allows a landlord seeking in good faith to recover possession of a rental unit for use and occupancy as a primary place of residence for the landlord, the landlord’s spouse, grandchildren, children, parents or grandparents or resident manager.
A warm inviting smile from our staff is the perfect crowning glory to your holiday decorating efforts. Greet everyone with a warm welcome and ensure your faces and attitudes reflect the same joyous message that is presented by your community décor. Nobody wants to lease an apartment from The Grinch!
Here’s a statement you don’t hear too often – “Wow … my landlord gave me a gift this holiday season!” Sending/giving holiday gifts once a year to your tenants (customers) promotes good will, lets them know you appreciate them, can turn bad tenants into better ones and makes it a little easier for them to…
DetailsJoe and his sister, Madison, flew in from Alaska to inspect their investment properties. They were meeting with their property manager to review their investment portfolio.
If you own rental property in California, you need to comply with special rules and procedures for vacating tenants. California landlords must provide their tenants with written notice that they’re entitled to request and be present for an initial pre-move inspection. A vacating tenant can decline, but if he accepts that the rental property owner…
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