Airbnb Wars Continue: Supervisors Seek Hard 60-Day Cap on Short-Term Rentals – by Gideon Kramer, Editor, SPOSFI News

Regulations adopted in 2014—the so-called “Airbnb Law”—formally legalizing short-term rentals under 30 days for the first time, are not achieving the desired compliance goals. According to the city’s Office of Short-Term Rentals, 2,207 hosting applications have been received, but only 1,717 have been approved. That’s a small percentage of the estimated 7,000 to 10,000 hosts…

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Thanks for a Great 2016!

Happy New Year everyone!  As a reminder of your benefits, listed below are of some of our newer services from last year to help support you in making your business of providing housing for others more profitable, easier and more enjoyable.   Forms At your requests, last year, we added the below, new AOA forms…

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HELP STOP THE TRASH MONOPOLY! – by David Hernandez

Apartment Owners, Business Owners and Community Leaders Are Fighting Back to Protect Your Rights and Your Wallets! The below article was written by David Hernandez, Lead Proponent & Executive Director – www.nolatrashmonopoly.com.  In 2014 the Los Angeles City Council and Mayor, working with Labor Based Organizations passed an Ordinance impacting all commercial business, including apartment owners,…

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Create an Annual Operating Budget For Your Multifamily Property – By Theresa Bradley-Banta

A multifamily real estate annual operating budget allows you to compare the actual financial performance of your property to your long-range projections for future income and expenses. It’s important to prepare an annual income and expense forecast for your property whether you manage it yourself or if a professional third party management company manages it…

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