Rent-Controlled Markets Feel Reduction in Multifamily Investments by John Triplett

A new survey shows that almost 60 percent of multifamily firms indicate they are reducing or avoiding investment in rent-controlled markets, according to the National Multifamily Housing Council (NMHC). An additional 15 percent say they are considering cutting back in those markets. Conversely, only a quarter (27 percent) of firms are willing to keep their current or…

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Could Your Rental Property Investment Be Hurting You Financially? by Mercedes Shaffer

With an ever-changing legal and economic landscape, it might be time to rethink your real estate investment strategy.  If you’ve been in the apartment business for a while, you know that it’s usually more profitable to own a four-plex than it is to own four rental homes.  The income tends to be a lot better…

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IN THE NEWS: AB 2203 and SB 1335 Would Prohibit Rental Property Owners from Using Credit Reports!

A newly introduced bill, in February, would have prohibited landlords from using credit reports while screening prospective tenants. AB 2527 by Assemblywoman Sharon Quirk-Silva, D-Fullerton, would have also banned property owners from asking about anything that would be included in a report, such as payment history or evictions.  That bill, fortunately, has been shelved for…

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Letter to LA City Council Regarding the Proposed Ban of Criminal, Eviction, and Credit History (Tenant Screening)

Dear Councilmember [Last Name]: Greetings. I strongly oppose the “Fair Chance Housing Policy” that has been proposed by the BRD. These “renter protection measures” are the opposite of what they are advertised to be! It would compromise all innocent renters, especially the weak and elderly. Below are some points you may want to consider. Regarding…

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AOA & AAGLA – Press Release Re L.A. County Litigation

Landlord Groups File Lawsuit Against Los Angeles County Over Illegal Eviction Moratorium Latest Legal Maneuver Seeks Emergency Relief from the County’s Residential Eviction Ban Legal Move Follows County’s Recent Extension of So-Called “Temporary” Eviction LOS ANGELES, CALIFORNIA – March 8, 2022: The Apartment Association of Greater Los Angeles  (AAGLA) and the Apartment Owners Association of…

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AB 2527 Would Prohibit Rental Property Owners from Using Credit Reports!

Photo by Andrea Piacquadio from Pexels A newly introduced bill, in February, would prohibit landlords from using credit reports while screening prospective tenants. AB 2527 by Assemblywoman Sharon Quirk-Silva, D-Fullerton, would also ban property owners from asking about anything that would be included in a report, such as payment history or evictions. This bill would,…

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