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Single Family Homes – Mandatory Low Flow Toilets, Showerheads, and Faucets

Single Family Homes – Mandatory Low Flow Toilets, Showerheads, and Faucets - It is the law, January 2017 In 2009 California enacted the law that required the installation of water conserving plumbing fixtures when the existing fixtures are “non-compliant” in single-family residential properties. … [Read more...]

How to Earn Money While You Sleep as a Landlord

For many millennials completing college, reality strikes with an ugly blow. After years of studying towards their dreams, the truth can be stark. Numerous people are left wondering what went wrong, with no idea how they will ever afford the typical American lifestyle. Heavy debt from studies, … [Read more...]

Renters More Concerned About Utility Bills Than Rents, Give High Marks to Environmentally-Friendly Properties

MCLEAN, VA--(Marketwired - Nov 15, 2016) - The latest Freddie Mac (OTCQB: FMCC) research shows more renters are worried about rising utility bills than rising rents and nearly half of the renters surveyed say they are willing to pay more for rentals with cost-saving water and energy … [Read more...]

Largest-ever’ Silicon Valley eviction to displace hundreds of tenants

In yet another sign of the tech industry's growing impact on local housing markets in the Bay Area and Silicon Valley, local housing advocates are lamenting the region's largest-ever mass eviction of rent-controlled tenants. The evictions are the latest example of rising income inequality in a … [Read more...]

Mold in the Home – California Property Owners Update

If you are a property owner in California that is renting out your property, it is important that you know the law when it comes to mold in the home. California Civil Code 1941.7 went into effect January 1, 2016.  This new law is designed to protect both property owners and tenants.  One section … [Read more...]

Homeowner’s Insurance and Home Warranty Coverage: What’s the Difference?

What’s the difference between homeowner’s insurance and a home warranty plan?  Simply stated, homeowner’s insurance protects homeowners by covering the cost of rebuilding or repairing structural damage caused by a fire, storm, or other natural disaster or calamity. If there is a mortgage, the … [Read more...]

Investors and Dealers

By Fernando Nunez Most real estate investors are aware of the advantages of the “investor” designation on their tax return. “Investor” is indicative of a rentier who parks their wealth, lays back and lives off its income. However, when a property sells, many investors do not weigh the … [Read more...]

Renters Face Affordability Challenges When it Comes to Buying a Home, C.A.R. Survey Finds

Renters face affordability challenges - The value homeownership and want to buy a home but many are encountering affordability and financial obstacles that prevent them from buying, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) 2016 Renter Survey. Making sense of the story … [Read more...]

California Real Estate Investors shift to niche properties; fewer paying all cash, C.A.R. survey finds

Location tops main reason for California Real Estate Investors to buy LOS ANGELES (April 14) – More California real estate investors are turning to niche properties and away from investing in single-family homes and multifamily properties than they have in recent years, according to a CALIFORNIA … [Read more...]

Legal News Update for San Jose Property Owners

Residential Fireplace Disclosure Bay Area Air Quality Management District (Air District) has adopted amendments to regulations on fine particulate emissions from residential wood burning.  Effective June 1, 2016, the regulation requires anyone who is selling, renting or leasing property in the nine … [Read more...]

High Rents May Force Buyers Into the Market

Rents have been on the rise for several months now as demand for rental housing has increased due to a short supply of homes for sale, particularly among starter homes, and high down payments. A recent survey showed that the pendulum may be swinging in the other direction, however. According to … [Read more...]

More Than Half of Renters Plan to Keep Renting

Majority of Boomers, Millennials and Gen Xers View Renting as More Affordable Than Homeownership MCLEAN, VA--(Marketwired - Mar 16, 2016) -  Despite rent increases and feeling burdened by their finances, 70 percent of renters currently feel renting is a more affordable choice than homeownership, … [Read more...]

Raising the Rent

While reviewing their return on investment (ROI), many property owners think raising rents will improve the bottom line for the upcoming year. It is important to review income and expense figures on a regular basis and stay in tune with the housing market. However, as your property management … [Read more...]

What IS Normal Wear and Tear

If you enter the words “normal wear and tear in rental housing” into a search function in the computer, you will be amazed to find hundreds of articles or references on this subject. Many of them are tenants who dispute that the property owner charged them with damage when it was ordinary use of the … [Read more...]

Landlords DO Have Rights

It often seems that a property owner does not have any rights and that tenants call the shots, the courts only rule in favor of the tenant, and the attorneys end up with all the money. Just look at the multi-million dollar lawsuits that have happened regarding mold, lead-based paint, Fair Housing, … [Read more...]

Who Is Responsible for That Repair?

Maintaining a property is important to any investment and normally the property owner’s responsibility. However, there are times when the tenant could be responsible and that may be difficult to determine. Habitability is essential Even if landlord and tenant sign an agreement in writing that … [Read more...]

The Right Tenant Is Worth the Wait

All property owners look at the return on investment (ROI) when buying or maintaining rental property. The ideal is a positive cash flow, a tax deduction, and an increase in property value. An investor certainly wants to realize all three of these advantages. However, there are times when this is … [Read more...]

The Security Deposit vs. Normal Wear & Tear

If you have 100 property managers in a meeting, the majority will agree that settling a security deposits dispute is one of the more difficult tasks in property management, particularly when it comes to determining “normal wear and tear,” also referred to by some as “ordinary wear and tear.” Why … [Read more...]

BEFORE You Hire a Property Manager Ask Some Important Questions

Picking the right manager for your property is critical. These are the people who will be watching your properties and interfacing with your tenants. The way that they perform is going impact on whether your rental property is efficient and profitable or if it struggles. When you decide that it … [Read more...]

Home Warranties Are They Worth The Cost?

A home warranty, or a home protection plan, is a one-year service contract that covers the repair or replacement of home system components and appliances that may break down.  A home warranty can protect a property owner from unexpected costs associated with covered breakdowns, give access to the … [Read more...]