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 […]
Category Archives: Rent Control Update
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
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). […]
California is no stranger to ballot propositions that sound great in theory but fail miserably in practice. Prop 33 is one of those measures. While it may be packaged as a solution to a perceived problem, the reality is it could do more harm than good. Voting NO on Prop 33 is the right move for anyone […]
California Laws, Carmel Property Management, Housing, Housing Legislation, Landlords & Renters, Local news, Monterey County, Monterey Property Management, Property Management, Property Manager In Monterey County, rent control, Rent Control Update, Rental Market, Rental Market News, Salinas CA Property Manager, Salinas Property Managment, Tenant Protections
The Dangers of Overreach; Insights from the ‘We the People’ Podcast and the Rent Control Debate
In a recent episode of the “We the People” podcast, the discussion revolved around the broader themes of government overreach and individual freedoms. While the podcast did not specifically address rent control, the insights shared illuminate a critical perspective on how regulations can sometimes infringe upon personal liberties and lead to unintended consequences. This perspective […]
Have you been letting your short-term rental property sit vacant during coronavirus? If so, this is one of the worst things that you could be doing because the goal of owning any type of rental property is to get it cash flowing as soon as possible. Obviously, as an investor who owns a short term […]
Itâs hard to believe that itâs almost been one year since the historic loss of Proposition 10, the ballot measure that would have repealed Costa Hawkins and implemented State Wide rent control. Following the loss, Californiaâs elected officials went back to the drawing board in search of ways to accomplish their rent control goal and […]