More than 100,000 California tenants whose applications for COVID-era rental assistance were denied or delayed by the state’s housing department will get another shot at relief, thanks to a new legal settlement between the state and a coalition of anti-poverty and tenant rights groups. More aid isn’t guaranteed. But under the terms of the settlement signed at the…
At this Burbank City Council meeting YOU can: 1. Show support for rental property owners in Burbank 2. Join a study session that will cover the California Tenant Protection Act (AB 1482) 3. Meet other rental property owners in Burbank Join us at the Burbank City Council Meeting for an AB 1482 study session.…
Ironically, it’s not just tenants that don’t understand renter’s insurance, but it’s also landlords as well. Here’s why it’s important and here’s also what you need to know as a landlord. Your Insurance Covers Your Property Or at least it should if you’re properly insured! Depending on the type or amount of insurance, this…
Below are questions asked by rental property owners regarding California property management, followed by answers provided by the law firm of Simone and Blevins. Q: I rented my condo in La Mesa to a tenant. I recently remodeled the kitchen and bathrooms and want to make sure I protect my investment. Can I…
Most months several potential investors decide to buy apartments. The task is harder than most of them realize. They expect to win and are often baffled when they don’t prevail … quickly. They don’t understand this area is in a tougher league than most of what they encounter. A great broker can boost their odds…
In his effort to impart more “social justice” into the homeownership market, President Biden has implemented a new policy which penalizes home buyers with good credit and rewards those with bad or less than good credit. This makes no sense, of course.The overall impact of Mr. Biden’s latest scheme is to increase the cost of credit for those…
Note to readers: The below tips are shared by landlords nationwide –please be sure to check the rental laws in your jurisdiction as they may differ from suggestions in this article. First Sign of Trouble A landlord had questions regarding damages found in his rental home and the responsibilities of the resident to…
On May 22, 2023, the Alhambra City Council approved “Tenant Protection Ordinances.” Both an urgency ordinance and the first reading of a non-urgency ordinance imposing a temporary moratorium on no fault, substantial remodel evictions for certain residential tenancies in Alhambra were approved. The ordinances passed with a 5-0 vote to approve after robust public comment…
As a property manager, it’s essential to maintain a positive relationship with your residents. And one way to do that is by conducting multifamily resident surveys. Surveys offer valuable insight into resident satisfaction, highlight areas of preference and concern and build trust. Unfortunately, in the busyness of daily operations, property managers often overlook (or dismiss)…
A critical ingredient for real estate success is to have a plan. It is important to have dreams of success, but it is vital that you plan for success. To be able to be successful in real estate investing, you need to set goals. These goals need to be realistic goals. Setting goals is simply…
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