Multifamily Housing Survey Finds Strong Demand But Rent Control Threatens to Dim Outlook WASHINGTON, D.C. — The enduring strength of the apartment market was the main takeaway of the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for July 2019, as the Market Tightness (60), Equity Financing (56), and Debt Financing (80)…Details
You can’t have a conversation about the housing situation in California today without the words “shortage” or “crisis.” National media love to write about our “astronomical” housing prices and rents. Unfortunately, the crisis is real, and Californians don’t seem to have the political will to do anything to solve it.
When it comes to tax deductions, there are a few schools of thoughts. There are the people who want to write off everything, whether it’s legal or not, and figure the cost of an IRS audit won’t be that bad. Or else they think they can’t ever get caught. They are invisible, or so they…Details
Question One: I have someone moving in with poor credit but has a co-signer that will guarantee performance of the lease. Do I include the co-signer on the lease as a tenant, even though the co-signer will not be occupying the premises? Thanks for your help.
Like just about every other industry, property management has seen major technological advancements in recent years, and it’s crucial for us to make sure our service adopts the most efficient tools available to it. But in truth, the quality of a property management company doesn’t hinge on technology—it comes down to principle. Much of what…Details
Recently, a San Francisco judge upheld the validity of a local special tax that failed to secure a two-thirds vote of the city electorate as required both by Proposition 13 (1978) and Proposition 218 (1996), also known as the Right to Vote on Taxes Act. Both initiatives were sponsored by the Howard Jarvis Taxpayers Association.…Details
California Lawmakers – They Just Don’t Get It, But Landlords Are Fighting Back! By – Patricia A. Harris
It appears that the state of California believes that the housing shortage should be placed on the shoulders of housing providers and the politicians continue to burden them with new laws in an attempt to solve the problem. They chisel away at private property rights and place more and more restrictive laws on the people…Details
For the property thief, the decision to commit a crime on an apartment property is a risk versus reward exercise. The risk of committing this crime is the chance of getting caught, losing the property, and possibly their freedom.
The Tenant Relocation Assistance Ordinance became effective on August 1, 2019. Landlords who own any multi-family residential rental housing in buildings consisting of at least four residential housing units are required to pay relocation assistance to tenants in the following cases: