What Los Angeles Taught Us About Rent Controlâand Why Salinas Should Pay Attention In 1981, the RAND Corporation released one of the most comprehensive and data-driven analyses ever conducted on rent control in a major U.S. city: âThe Impact of Rent Control on the Los Angeles Housing Market.â Although more than four decades old, the […]
Author Archives: Audrey Wardwell
In 2024, a landmark academic review examined 112 empirical studies on rent control spanning more than 50 years, dozens of cities, and multiple types of rent regulations. The findings offer a powerful framework for understanding how the Salinas Rent Stabilization Ordinance (SRSO) is likely to affect local tenants, landlords, and the overall housing ecosystem. And […]
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Swedenâs Housing Shortage: Lessons on Rent Control and Planning
In 2016, Swedenâs National Housing, Building and Planning report made headlines with a sobering statistic: more than 255 out of 290 municipalities reported a housing shortage. Despite record levels of construction at the time, demand still far outstripped supplyâespecially in metropolitan areas like Stockholm, Gothenburg, and Malmö. So why, even during a period of high […]
AB 1482, California Laws, capital improvements, Capitalization Rate, Commercial Properties, For Rent, Landlords & Renters, Local news, Long Term Rentals, Long Term Rentas, Monterey County, News, Properties for rent, Real Estate Investing, Real Estate Investing Tips, real estate investment, Salinas, Salinas CA Property Manager, Salinas Property Managment
Abundance, the Everything Bagel, and Why Salinas Canât Build Anything (But Blame Everyone Else)
In their new book Abundance: How We Build a Better Future, Ezra Klein and Derek Thompson make a sharp and timely argument: America doesnât have a resource problemâwe have a building problem. And nowhere is this more obvious than right here in Salinas, where the Rent Stabilization Ordinance (SRSO) is a perfect example of how […]
Carmel Property Management, Housing, Housing Legislation, Housing Trends, Income Properties, Landlord Tips, Landlords, Landlords & Renters, Long Term Rentals, Monterey County, Monterey Property Management, Property Management, Property Manager In Monterey County, rent control, Return on Investment, Salinas Property Managment
Tax-Smart Exit Strategies… But At What Cost?
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Mar
Mar
Lately, we’ve noticed an uptick in marketing materials flooding the inboxes of property managers and owners alike. The message? Sell now. Exit smart. Get out while you still can. Take a look at the image aboveâanother âTax-Smart Exit Strategiesâ live stream, encouraging rental property owners to explore their options for selling, hosted by a CPA […]
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Salinas Investors Are Saying “No Way”âThe Real Cost of Harsh Rent Control
The Salinas rental market is facing an alarming realityâinvestment dollars are drying up. Over the past several months, the message from investors, developers, and property owners has been loud and clear:Â Salinasâ extreme rent control policies are driving investment away. When pitching apartment deals in Salinas, the response has been resounding: âWhy would we invest in […]
Carmel Property Management, Co-Working Space, Commercial Properties, For Rent, Housing, Income Properties, Inherited Property, Landlord Tips, Landlords, Landlords & Renters, Long Term Rentals, Monterey County, Monterey Property Management, Multi-family rental properties, Properties for rent, Property Management, Property Management Tips, Property Manager In Monterey County, Salinas CA Property Manager, Salinas Property Managment, Short Term Rentals, Vacant Rental Property
What Sets 36 North Apart? The Personalized Touch in Property Management
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Nov
Nov
Property management isnât just about collecting rentâitâs about building relationships, solving problems, and maximizing investments. At 36 North Properties, we pride ourselves on providing a personalized touch that sets us apart. Our Mission: Service, Transparency, and Results Our approach combines modern technology with old-fashioned customer service. We communicate clearly, act swiftly, and always prioritize your […]
California Laws, Carmel Property Management, For Rent, Housing, Housing Legislation, Income Properties, Inherited Property, Landlord Tips, Landlords & Renters, Long Term Rentals, Monterey County, Monterey Property Management, Multi-family rental properties, Properties for rent, Property Management, Property Management Tips, Property Manager In Monterey County, Return on Investment, Salinas Property Managment, Short Term Rentals
Understanding the Impact of Rent Control in Monterey County
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Nov
Nov
Rent control continues to be a hot topic in Monterey County, and itâs important for property owners to understand how these policies affect their investments. What is Rent Control? Rent control laws cap the amount landlords can increase rent each year. While intended to protect tenants, these laws can also have unintended consequences. Challenges for […]
Carmel Property Management, Christmas, For Rent, Holiday, Housing, Housing Trends, Income Properties, Inherited Property, Landlord Tips, Landlords & Renters, Monterey County, Monterey Property Management, Properties for rent, Property Management, Property Management Tip, Property Management Tips, Property Manager In Monterey County, Rental Market, Salinas Property Managment
Maximizing Rental Income During the Holidays
20
Nov
Nov
The holiday season is a unique time for property owners. While many believe the market slows down, itâs actually an opportunity to attract tenants who want to settle into a new home before the New Year. Hereâs how 36 North Properties helps you make the most of this festive time. Why the Holidays Matter for […]
California Laws, Carmel Property Management, Commercial Properties, Housing, Housing Legislation, Income Properties, Inherited Property, Landlord Tips, Local news, Long Term Rentals, Monterey Property Management, News, Property Management, Property Management Tips, Property Manager In Monterey County, Rent Control Update, Rental Market News, Salinas CA Property Manager, Salinas Property Managment, Short Term Rentals
2024 Legal Updates for California Property Owners
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Nov
Nov
The legal landscape for property owners is ever-changing, and 2024 brings several updates that landlords in California need to know. Staying informed is key to protecting your investments and maintaining compliance. New Laws and Their Impact 1. AB 12: Rent Cap Adjustments Rent increases are now limited to 5% annually or CPI (whichever is lower). […]