Staying Competitive and Sticking to the Basics in Multifamily By Debbie Willis

Staying competitive and sticking to the basics in multifamily communities means showing residents how much on-site and property management teams care. In today’s market, we continue to see high demand in the multifamily rental industry, yet the basic priorities remain in place: leasing up properties, staying competitive, and providing quality housing. New communities have the latest…

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Are Your Building’s Balconies Safe with Dry Rot? (California’s SB 721 and SB 326 Mandate Compliance by Statutory Deadlines) By Omid Ghanadiof, EEEAdvisor Engineering

As the deadline for the California Balcony Laws SB 721 and SB 326 comes closer and closer, the California-based engineering inspection company, here are more tips for inspections of your buildings and apartments to ensure you can comply correctly and easily. What Must Be Inspected?  Exterior Elevated Elements (EEEs) These two state laws are designed…

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IN THE NEWS: Governor Newsom Signed Anti-Wage-Garnishment Bill into Law

SACRAMENTO — Low and middle-income Californians who are struggling to keep up with back-due debt will be able to retain a greater share of their paychecks to avoid falling deeper down a financial hole under legislation signed today by Governor Gavin Newsom. SB 1477, authored by Senator Bob Wieckowski (D-Fremont), will provide important relief for…

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Recovering Unpaid Rent Debt Through Small Claims Court By Brian Wallace, SPOSF/SPOSFI Board Member

The COVID-19 emergency and eviction moratorium have left a large number of [California] housing providers with unpaid rent—often in the tens of thousands of dollars. If you are among those who find themselves in this situation, what can you do to recover this unpaid rent? Step One: Talk to Your Renter First Your first step…

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The Reports of a Housing Crash Are Missing One Crucial Fact By Sean Michael Cummings, Analyst, True Wealth

A version of this article first appeared on October 18, 2022 in True Wealth, published by Stansberry & Associates Investment Research, an independent investment research firm.  You can visit them at www.stansberryresearch.com. The drumbeat of bad press for housing isn’t slowing down … and recently, we got another addition to the tide of bad news.…

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Seven Habits of Highly Successful Property Managers By John Triplett

What are seven habits of highly successful property managers? Buildium.com did a webinar to explore seven ways that property managers can better organize their daily routines while the chaos of property management problems rage around them. Here are the habits courtesy of Buildium. No. 1 – Make Communication a Core Competency “Create templates for everything, from emails…

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A Better, Less Costly Bracing System for Soft-Story Buildings By Thor Matteson, SE, Quake Brace Mfg. Co.

Earthquakes pose a serious threat to “soft-story” apartment buildings (Figure 1), and by now many owners are aware of this hazard, or of city requirements to strengthen such buildings. My structural engineering firm focused on designing earthquake “retrofits” (structural upgrades to make older buildings more earthquake resistant) almost exclusively for the last 12 years.  This…

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