Why Co-Insurance Is So Important – and So Misunderstood Ask most apartment owners what their deductible is, and they’ll answer instantly. Ask them what their co-insurance percentage is – or what happens if their building limit doesn’t satisfy it – and the room usually goes quiet. That’s a problem, because co-insurance is one of the…
For many families, one of the biggest financial hurdles today is helping their adult children purchase a home in an increasingly expensive housing market. In San Diego, for example, homeownership has become extremely difficult for the younger generation due to high housing prices caused by limited supply and high demand. As one might imagine, the…
The Los Angeles City Council is considering a proposal that would ban RUBS (Ratio Utility Billing System) for new tenancies. Housing providers already face rapidly increasing expenses, including insurance, maintenance, utilities, labor, and property taxes. Banning RUBS would make it even more difficult to manage operating costs while maintaining quality housing. RUBS is an important…
Keywords: Corporate vs Boutique Brokerage Firms Understanding Your Options When Selling Multifamily Real Estate When apartment owners consider selling, one of the most important decisions they make is selecting the right brokerage firm. While both large corporate firms and boutique brokerages are capable of closing transactions, their approach, structure, and client experience…
Below are questions asked by rental property owners regarding California rent control laws, followed by answers provided by eviction attorney Dennis Block. Question One: I own an apartment building in Los Angeles that is under rent control. Twenty years ago, I leased an apartment to a couple. Within the last five years, their nephew…
Self-managing a rental in 2026 isn’t about having a knack for drywall. It’s about running a tight, defensible operation, because the market has shifted from the “take-it-or-leave-it” scramble of 2021 through early 2022, when rental vacancy rates were near historic lows. The Census Bureau pegged rental vacancy at 5.8% in Q1 2022, lower than any…
California’s long history of seismic activity has consistently shaped building codes and public policy across the state. In recent years, local jurisdictions have taken increasingly proactive steps to address the risks posed by older building stock that was constructed prior to modern seismic standards. The City of San Jose is now preparing to join a…
Since 1978 with the passage of Proposition 13, California voters have repeatedly tried to protect their homes and businesses from excessive taxation by imposing limits on property taxes and requiring two-thirds voter approval for other local taxes. Despite the clear intent of the voters, California courts have sided with the government and its special interest…
With homeownership exceeding the cost of renting, multifamily resident retention is approaching an all-time high, according to recent data from a leading global provider of real estate AI-enabled software platforms. In addition to strong resident retention, also identified were specific markets where rent prices are decreasing, such as: Denver and Austin: Rents are down nearly…
For years, California apartment owners have been told that increased regulation, capped rents, and reduced operational flexibility are necessary sacrifices in the fight against homelessness. The private rental housing industry has been asked – repeatedly – to absorb risk, limit income growth, and shoulder greater responsibility in the name of solving a statewide crisis. Now,…