There have been some major changes and developments in the real estate marketplace recently that have had and may continue to be extremely costly for landlords and apartment owners! The industry is experiencing double digit property insurance rate increases and finding competitive insurance solutions has never been so difficult for apartment owners. The good news…
DetailsLawmakers in blue states like California may prefer to tax the rich, but there’s always a risk: What if the rich just move elsewhere? [Recently], Assemblymember Alex Lee,said he was introducing a new tax on “extreme wealth.” It wasn’t the first time the Milpitas Democrat pushed the idea. But this year, he had back up. …
DetailsIn most of America, one of the worst impacts of high inflation is a sharp rise in property taxes. But that’s not the case in California. True, housing prices are some of the highest in the nation, due mostly to government policies restricting supply. But homeowners are protected by Proposition 13’s cap on annual increases…
DetailsIn Alameda County, California, a pandemic-era eviction ban has been in place for almost three years, even though COVID no longer poses the same threat it once did. As a result, “mom and pop” landlords have found themselves losing their livelihoods and dealing with problematic, and sometimes violent, tenants with no way to get rid…
DetailsExclusive Member-Only Video Content We are thrilled to announce that four new videos have been added to your AOA member account, featuring expert presentations on California building code violations and habitability issues. You will find an excellent habitability seminar presented by landlord / tenant attorney Michael Brennan inside your AOA account. In addition, we’re excited…
DetailsThe city of Los Angeles has expanded renter protections. The new protections now cover ALL RENTALS, including condominiums and single family homes in the City of L.A. NEW LAWS AND PROCEDURES Renter Protections Notice All residential rental property owners must provide a “Notice of Renters’ Protections” to tenants who begin or renew their tenancy on or…
DetailsWhat’s your New Year’s resolution? Save money? Exercise more? Typically we focus on personal goals, but what about professional development? A career in property management is truly dynamic and requires us all to stay up to date on the latest trends as well as training. This is especially true when it comes to fair housing.…
DetailsDear Board of Supervisors: (letter to the board of supervisors and all other politicians voting for any form of rent control., Before you pull the “my constituents need me to do this” card to cast your edict over the realm (sounds feudal, doesn’t it?) and extend the eviction moratorium, or consider some monetary threshold landlords…
DetailsIf we had never embraced change, we would never have learned to speak or walk. It’s human nature to resist change, because change requires effort, and effort is wildly unpopular, but we do make the effort required in certain areas of our lives from a young age. That’s because embracing change is necessary in order…
DetailsTHANKS FOR NOTHING Dear Mayor: So happy to hear you care about the unhoused. Why can’t you show the same respect and concern for landlords providing housing? We have a 10-unit building and two tenants who just refused in April 2020 to pay rent and have continued to not pay almost three years later. Plus,…
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