Monthly Archives: March 2019

Los Angeles Allows 4 Percent Rent Increase For 12 Month Period

City property in California

The City of Los Angeles announced this week that they will be approving a 4 percent rent increase for the period of July 2019-July 2020.  Los Angeles is one of several Southern California communities that has had an active rent control ordinance for a long time and the news of their 4 percent rent increase […]

AB-1188 – Would Give Tenants the Ability to Provide Shelter to Family Members Facing Homelessness

Homeless

The California State legislature has been hard at work in 2019 doing everything they can to curb homelessness in the state and one of the most recent bills that have been proposed is AB-1188. If approved, this bill would give tenants the ability to open up their rental homes to family members if they are […]

How to effectively market your vacant rental properties

Rental property marketing

Do you have one or more vacant rental properties in Salinas or elsewhere in the Monterey County area? If so, you’ve come to the right place! There’s nothing worse than having a vacant rental property because of the obvious fact that if your rental is sitting vacant, you’re not earning any income. Thankfully, there are […]

What Rental Property Upgrades Will Actually Pay Off?

Interior of property

Are you planning on upgrading your upgrading your rental property? If so, your main area of concern will most likely be to add upgrades or make improvements that will actually pay off right? In this article we will share with you several upgrades you should consider making to your Monterey area rental property. 1. Lay […]

Opportunity Zones – Learn More About How Each State Is Creating an O Zone to Lure Investors

Economic Innovation Group in US

  O Zones, or “opportunity zones”, as they are more commonly known have become quite popular in recent years as every city in the United States has created such a zone to lure investors who might otherwise look elsewhere for potential investment properties. What exactly is an O Zone? An opportunity zone was created in […]

California Rent Control Update – Lawmakers Announce AB 1482, New Rent Control Legislation

Rental Control in California

  The battle over rent control in the State of California continues as lawmakers announced on Thursday that they have finalized a rental housing legislation package (AB 1482) that if it’s approved will cap rent increases statewide and also enable local governments to apply their own versions of rent control to single family homes and […]

Tips for making the carpeting in your rental last longer

cute dog

Cаrреt іn a rеntаl home or vасаtіоn unit usually gets dаmаgеd and rеԛuіrеѕ rерlасеmеnt long bеfоrе іt just wеаrѕ оut. A year’s wоrth of coffee ѕріllѕ or dіѕсоlоrеd areas thаt wоn’t come сlеаn саn аdd up tо a bіg еxреnѕе to replace the flooring. Tіm Skufca, nаtіоnаl sales director of multіfаmіlу for Sherwin-Williams, ѕауѕ thаt […]

What Is the CASA Compact? How Will It Affect Landlords

compact home in california

The rent control battle in California continues in spite of the recent defeat of Proposition 10 in November 2018. With the recently proposed “CASA Compact” lawmakers hope to enforce new housing policies that will among other things impose rent control, allow in-law suites and taller multifamily properties to be built in the Bay Area. Sadly, […]

Lawmakers Push for More Rent Control Legislation Post Prop 10

Rent Control

Proposition 10 was defeated in the November 2018 election and although the bill was defeated, lawmakers promised a renewed effort at enacting rent control in California especially with the election of Governor Newsom who promised to sign rent control legislation once it reaches his desk. AB 36 Seeks To “Stabilize” Rents in California While Increasing […]

Bill would require landlords to consider Section 8 applicants

Venice Beach

One of the latest bills that California landlords should be following is SB 329, a bill introduced this week that will require landlords to consider tenants that are on Section 8 or any other Federal Housing program. About SB 329 Under the existing law, the Fair Employment and Housing Act, prohibits housing discrimination, including discrimination […]