After a state of emergency was proclaimed in Butte, LA and Ventura Counties on November 9, Gov. Brown has signed an executive order to extend the price gouging protections in, but not limited to, said counties until November 9, 2019. This comes after a devastating fire destroyed thousands of homes across over 100,000 acres and
Read More ...New Temporary Rent Freeze in Unincorporated Los Angeles County
The Los Angeles County Board of Supervisors has voted 4 -1 in approval of a temporary rent control ordinance for unincorporated Los Angeles that will take effect December 20, 2018. This new ordinance will cap any rent increase to 3%, once a year and will be retroactive from September 11, 2018. It is believed that
Read More ...New Laws That Will Affect California Landlords in 2019
In the ever changing world of property management, it is of utmost importance to keep up to date with the latest news about laws that could affect your business. Staying ahead of the curve is not only crucial for you in the business sense, but also legal. We’ve gathered some of the more important changes
Read More ...Desirable Family Friendly Rental Features
One key to landlord success is to have the ability to constantly study trends and stay ahead of the curve. It’s safe to say there are some components that constantly stay the same yet there are amenities that continually change depending on the target customer you’re going after. Let’s take on families. Targeting families is
Read More ...Not So Common Screening Techniques
If you’ve used the typical screening techniques year in and year out, tenant after tenant and want to check out a couple of unconventional ways to screen tenants, then this article is for you! Applicants are getting more and more creative with trying to keep certain sketchy situations off their credit reports. Which is more
Read More ...The 5 Essential Qualities of a Great Landlord
With so much information online nowadays no one that is looking to get into the rental property business should go in alone in the dark. Besides the 5 essential qualities that make a great landlord, you must also be able to keep up with current events and trends, read up on new laws and study
Read More ...Rent Control: 11 Ways California Prop 10 Will Affect Your Business
This November, California voters will decide whether or not the local government will have the freedom to exercise rent control measures because the voter initiative that would repeal The Costa-Hawkins Rental Housing Act will be on the state ballot. If this existing 1995 law were to be repealed, cities will no longer be limited on
Read More ...Tenants: What your Landlord Wished you Knew
There comes a time when it’s time for young people (sometimes even older) to spread their wings and get out into the real world and look for their first apartment or home to rent. I’m going to flip the switch a little bit on this blog post in hopes of reaching those first time renters
Read More ...LA City Rent Stabilization Updates for 2018
If you own rental properties in LA City and are under the L.A. Rent Stabilization Ordinance then you should have already paid the registration fee for each one of your units at $24.51 (which was due on February 29, 2017). But did you know that by serving a 30 day notice you are able to
Read More ...How to Avoid Security Deposit Disputes in California
Security deposit disputes are second to only late rent disputes when it comes to landlord/tenant problems and I think most of the problem lies in the fact that each party has their own idea of how a security deposit should be handled. I’m sure you can imagine how polar opposites these two ideas are but
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