Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Do you know of any new laws for 2022 that affect the rental industry? Answer 1: Other than, of course, the pandemic related legislation, the California legislature was relatively quiet in…
DetailsHello everybody. Most everyone hopes that 2022 will bring about world peace, tenants who pay their full rent on time each and every month, and an end to the COVID-19 virus. As the legal writer for the Apartment Owners Association, my hope for AOA members is more modest, but nonetheless extremely important. In fact, it…
DetailsWAYS LANDLORDS REDUCE THEIR VISIBILITY The following dozen plus suggestions are what some mom and pop landlords do to lower their visibility when around residents, contractors and others. Why? If others think (wrongly or rightly) that you own rental property, that equates to having lots of money and they tend to want or expect more…
DetailsThe economy’s weak summer performance reflected a big slowdown in consumer spending as a spike in COVID-19 cases from the delta variant caused consumers to grow more cautious, and snarled supply chains made items such as new cars hard to get and also contributed to a burst of inflation to levels not seen in three…
DetailsSelling a perfectly good property is an unnatural act. Human beings don’t seem to want to change things unless there’s a problem. Plus, selling a property you own and buying another one creates its own kind of anxiety. You may worry about whether you will make a profitable move or the worst deal of the…
DetailsThe real estate industry has made a lot of positive changes to try to provide equal housing opportunities for everyone. Fair housing laws are designed to guarantee a person’s right to obtain housing regardless of race, color, religion, national origin, sex, familial status, or disability. Additionally, many state and local laws prohibit discrimination based on…
DetailsMany businesses have contracted, evolved, and adapted to stay afloat through waves of COVID-19 cases and the corresponding restrictions, especially in California, which was hit so badly in recent months. As we hope that the vaccine begins to reduce cases and bring these restrictions to an end, 2021 carries with it yet another existential threat…
DetailsIf you are planning to rent out your home or any type of investment property, you must have rental property insurance. This is a form of insurance coverage that protects against any potential financial risks that come with having tenants occupying a dwelling. It typically covers property damage, liability expenses, and loss of rental income…
DetailsCrime occupies more real estate in San Francisco headlines than it should. As we slowly emerge from a global pandemic, it is still fresh in the minds of San Francisco housing providers that even law-abiding tenants may flout rental obligations. Outright refusal to rent to applicants with a criminal record may seem like a simple…
DetailsHigher-income millennials are renting homes instead of buying as they are being priced out of the overly competitive real estate market as prices continue upward. Thus, the higher-income millennials lead the ranks of “lifestyle renters,” according to a new study from RentCafe. “The share of applications for apartments from renters who earn more than $50,000…
Details