Category Archives: Renter

NO ON PROP. 10

In a study released this week, a UC Berkeley economist warns that repealing the Costa-Hawkins Rental Housing Act would worsen the state’s housing shortage. The paper, authored by Kenneth T. Rosen and available here, focuses on the potential impacts of Proposition 10, a Nov. 6 ballot measure that would overturn 1995’s Costa-Hawkins Act. TO GET […]

Tenant Relocation during Maintenance & Repairs

Once a property owner has entered into a rental agreement with a tenant and has handed over the keys, the tenant has the exclusive right to possession of the dwelling unit. Moreover, when tenants enter into the rental agreement, the owner agrees to provide the premises (in a habitable condition) in exchange for the tenant’s […]

Habitability Maintenance and Repair Responsibilities of the Owner and Tenant

  California law requires residential rental property owners to deliver and maintain their rental units in a habitable condition, this legal principle is called the warranty of habitability. Though originally created by the California Supreme Court in 1974, the California Legislature has codified many of the principles of the warranty of habitability in the Civil […]

When is a Pet Not a Pet? Accommodating Persons with Disabilities

I INTRODUCTION Many property owners protect their investment by not allowing any (or certain types) of pets on the property due to possible damage by the pet and the fact that existing law may not allow for an adequate security deposit to cover the damage. However, recent laws on fair housing and accommodating persons with […]

Due Diligence – What Is Important When Buying Real Estate?

When you make a big purchase, or an investment, buy a car, sign up for healthcare, etc. you do you “homework” to hopefully make a sensible decision that gives you good value for the money you are spending. When you buy real estate, which is likely to be the most expensive, most complex, and riskiest […]

Why You Should Not Use Excel For Accounting

First, let me confess that I love Excel. Having used Excel for years, I’m fully aware of its strengths, and will continue to use it to create spreadsheets, graphs, and tables. But for some unknown reason, there is a small group of property managers that continue to extol the benefits of using Excel as their […]

2015 Rental Market Report

2015 Rent.com Rental Market Report October 7, 2015 | Rental Trends, Rental Trends and Real Estate News The seventh annual Rent.com Property Owner and Manager Market Report captures trends in the rental market directly from apartment property managers nationwide. In the 2015 survey, more than 500 property managers in the U.S., representing thousands of rental properties, and hundreds of […]

Rental Property – How to Project Cash Flows and Returns

If you are thinking about buying some rental properties as investments, you should probably understand how to project cash flows and evaluate the investment returns you hope to achieve on your hard earned invested cash equity. There are really two types of returns that we can earn on investment property, first is appreciation in value […]

The Advantages of Offering Month to Month Leases

While all properties are not well-suited to offering month to month leases, there are a variety of reasons why it would prove profitable for property managers to investigate the possibility of doing so. In many high profile, urban areas, or in cities where international corporations are located, month to month leases are considered a necessity. […]