Q: I am a landlord of an apartment complex. I have several tenants that receive government assistance through Section 8 housing. All of my Section 8 contracts state the landlord is responsible for paying the water bill. However, I have one tenant that always has a really high water bill. He agreed to a rent…Details
If you believe building code mandates always end up costing you more money, you’ve got a pleasant surprise coming with California’s new solar requirements for multi-family homes. Starting January 1, 2020, all new residential buildings in the state under three stories tall must include solar panels. New updates to Title 24 of the state’s Building Energy…Details
In over thirty years as a property manager, we have been faced with numerous challenges with our vendors. Let me give you a few examples: A sewage pump failed over the weekend, so we called a vendor who wanted $5,000 to replace the sump pump. The pump cost was $1,000. We needed it replaced, but…Details
In this article, I’ll lay out five practices that the best property managers turn into longstanding habits. I’ve returned to them consistently throughout my career, and they apply to the management of all forms of real estate, from retail to residential, office to industrial. When managing, organization is of the utmost importance. You’ll find that…Details
Rent Control: It’s a Mirage, Hurts Low-Income Families, Means Higher Costs for Renters By – the California Association of Realtors®
The following is an excerpt from a position paper by C.A.R.’s Center for California Real Estate. It details the consequences of rent control policies, which have been used in certain California jurisdictions to attempt to increase access to rental housing. The complete position paper can be downloaded at http://centerforcaliforniarealestate.org/publications/CCRE_Rent_Control_report.pdf.
AOA Lawsuit Forces Trash Haulers And L.A. City to the Bargaining Table and Coming Next Month! The FREE “Million Dollar” Trade Show and Landlording Conference
AOA Lawsuit Forces Trash Haulers And L.A. City to the Bargaining Table If you own rental property in Los Angeles, you are well aware that you are currently being gouged by the trash companies as a result of Mayor Eric Garcetti’s recycling program that was approved by the City Council.Details
Hello everybody. With the rainy season upon us, it is once again timely to review the laws pertaining to property damage liability caused by rainwater run-off, surface water flow and landslides emanating from a neighbor’s land.
Month-to-Month Means More Money! Landlords often use month-to-month agreements because it offers them more flexibility and the ability to evict faster if a good apple turns bad. However, one of the biggest potential benefits that most landlords do not take advantage of is that offering residents the option of a month-to-month rental agreement should mean more monthly income to…Details
Glendale Landlords – there will be a City Council Meeting on Tuesday, February 12th at 6pm to vote on a “Right to Lease” ordinance – aka “Rent Control”. Alexanian Apartment Advisors published an article and stated five key points they observed at the previous meeting: