Below are questions asked by rental property owners regarding California property management, followed by answers provided by the law firm of Simone and Blevins. Effective June 24, 2023, the city of San Diego enacted the new Residential Tenant Protections. Ordinance No. O-21647. This new ordinance amended and replaced the Tenant’s Right to Know Ordinance…
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: My tenant paid his January rent with a personal check. Several days after I deposited the check, the bank notified me that the check was dishonored because there were…
Just because a person has a good result, does not mean that they made a smart decision. [Recently], I did something that I had never done in my previous business career. I walked out of a client meeting because the pain of folly was too severe. Our team worked hard and smart for a year…
Recently, California has imposed several unfunded mandates on rental owners. Other states don’t impose similar costs on rental owners. Sacramento has not yet lost enough millionaires and high-income taxpayers to restrain their policies. Most local owners recognize these mandates are likely to continue. The economics of rental ownership are shifting. Background California government policies created a…
In the Great Recession, millions of borrowers with weak credit and little reserves had loans with high rates. In a horrifying spiral, many lost their jobs and then their homes or fourplexes. The market was flooded with foreclosures and short sales. My friends, clients, and competitors bought local homes at massive discounts. They expected values…
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 recently published an ad for my rental unit in Spring Valley. This is the first time I am processing rental applications. Do I need to have the applicants fill out…
Below are questions asked by rental property owners regarding California property management and Section 8 tenants followed by answers provided by the law firm of Simone and Blevins. Note: The city or county in which your rental property is located might have additional requirements/restrictions on smoking. Make sure to consult with an attorney if you…
Let me tell you a true story. Some of the details are modified to ensure privacy. “Bob” and “George” have been friends longer than either of them has been married. They were in each other’s weddings. When they were young and stupid, they did young and stupid things together, but they didn’t get hurt or…
Renting to students often poses specific problems that even experienced property managers may miss. Based on our experience, the five most common mistakes property pros make when working with students are: Underestimating the Value and Reliability of International Students International students are screened by the Department of Defense and typically need to be affluent to…
Hey San Diego! We created a resource page specifically for housing providers who own property in San Diego. You will find local contractors and vendors along with other resources that you may need as you manage your properties. This page also hosts the monthly “Legal Q & A” that is written by a San Diego…