It might not be something you can check for in an apartment application, but in my experience, the best tenants are those who care about each other. If you own an apartment building and can manage to build community for residents there, you benefit them by bolstering their sense of fellowship in the neighborhood, and…
DetailsAsking rents are falling in many national multifamily markets, bringing an end to 18 months of record-breaking rent growth, according to a special bulletin from Yardi Matrix. The rent growth coming to an end and the decline in rent growth has been steadily expanding in multiple multifamily markets. “Of the 136 multifamily markets that Yardi Matrix…
DetailsRegular readers of this space know that Attorney Dale Alberstone, who for many years has dispensed practical resident manager wisdom and advice to AOA readers, traditionally writes this annual update article. Dale announced his retirement last year, and I have been asked to step in. I consider it a privilege. I want to start by…
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: What is the latest on the lawsuits against the eviction moratoriums in Oakland and Alameda County? Answer 1: As of November 21, when last checked, there is no news from the…
DetailsGeorge owned a three-plex in a quiet neighborhood. He had no trouble getting tenants to apply when there was a vacancy because he made a point of keeping his units clean and up to date. In his 30’s and 40’s he had worked on the properties making repairs, so he was at his property on…
DetailsNever has there been so much pressure on Californian residents to pay more in taxes. It seems like the barrage of proposed new taxes and tax rate increases strengthens with each passing year. Not all proposals will be implemented, and many will be tried in court, however, there is a clear trend toward increasing the…
DetailsEmotional Support Animals and Renters – Are Your Pet Policies Actually Contributing to Fraudulent Requests? Written by Judy Bellack, Industry Principal, Pet-Inclusive Housing, Michelson Found Animals October, 24, 2022 The Rise of ESA Accommodation Requests It’s no secret that Emotional Support Animal (ESA) accommodation requests are on the rise in the multifamily housing industry. Due…
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: My rental listing indicates that this is a “no pet” building. I recently had someone inquire about my rental, asking if we accept pets. I immediately told her about my building…
DetailsAs a rule, I would not recommend having a guarantor on a lease agreement. If the person taking possession does not have sufficient credit, it is best to find a different applicant. Requirements for Guarantors If you do choose to have a guarantor, this person: Should reside in close proximity to the premises. Attempting to…
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Is there any update on the lawsuits against the eviction moratoriums in Oakland and Alameda County? Answer 1: Somewhat surprisingly, there is no news from the appellate court as to either of…
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