California legislator leaders introduced a measure aimed at settling unpaid rent debt for qualifying tenants and landlords owed since April 2020 up until March 1st, 2021. The key takeaway from SB 91 is that the landlord would receive up to 80% of accumulated back rent in exchange for forgiving the other 20% and not pursue ..Read More
Filed under: News and Updates
Collecting rent on time is one of the top priorities for rental management. Unfortunately, the COVID-19 pandemic made it harder for landlords and property managers to collect rent on time. As millions of people tried to stay home as much as possible, collecting rent with the traditional methods proved to be obsolete. Additionally, millions of ..Read More
Filed under: Landlord Tips
Governor Gavin Newsom and legislative leaders announced that they have come to an agreement on an extension of California’s eviction moratorium (AB3088) to help protect Californians affected by COVID-19. The extension is through June 30th, 2021. The extension is aimed at protecting tenants and small landlords from losing their homes. During the announcement, it was ..Read More
Filed under: News and Updates
Before investing in a new property, every home-owner should consider having a home inspection. It can be a valuable tool that helps you identify issues that might otherwise escape the naked eye. As an investor, a home inspection will help you spot the areas in the property where you should make improvements in order for ..Read More
Filed under: Landlord Tips
It’s a common practice that most landlords require tenants to restrain from smoking indoors. As a landlord, chances are that you already prohibit smoking in the lease contract, but since users technically exhale vapor rather than smoke, the standard restrictions found in most lease contracts may not apply to vaping. Currently, there is no law ..Read More
Filed under: Landlord Tips
Tenants start sizing up their relationship with their tenants from the minute they make initial contact to ask about your rental property listing. They continue to build it when they come by and check out the place for viewing. By this time, they usually have a good idea on whether they want to rent from ..Read More
Filed under: Landlord Tips
The current Federal Eviction Ban and assistance program is set to expire on January 31st, 2021. Newly elected president Biden announced on Thursday, January 14th his proposal on the next wave of federal assistance. Under his proposed plan, eviction and foreclosure moratoriums would be extended through the end of September 2021. Here are additional important ..Read More
Filed under: News and Updates
Whether you are considering to begin a career in real estate or you already have some experience on the market, the following recommendations will help you make the right decision when investing in a rental property. Although some of these issues might not be deal-breakers for some property managers, make sure to consider the overall ..Read More
Filed under: Landlord Tips
When you first become a landlord, you often don’t think about a situation where a tenant requests to negotiate a lower rental rate. A huge factor in being a successful landlord is making sure both parties are satisfied with the rental agreement. What happens when the tenant is dissatisfied with how much you charge for ..Read More
Filed under: Landlord & Property Management
There is a rise in the number of people who choose to be co-tenant renters. Even in the Pre-COVID-19 Era, the percentage of people living as roommates has seen numbers not seen since the last depression. According to a survey carried out by Pew Research Center in 2018, almost 80 million adults lived with someone ..Read More
Filed under: Landlord & Property Management