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Get informed and stay up to date with what’s new in the world of Real Estate and Property Management.
The Pros and Cons of Renting Versus Buying
Should you buy a home or rent? It's a question many of us have faced, and one that doesn't have the same answer for all. Let's take a look at why either buying a home or renting a property might be best for you.
Eliminate These 4 Challenges by Hiring a Property Management Company
Renting out your investment property is one of the most effective ways to achieve stable returns over a long period of time. However, the key to success here lies in hiring a dependable property management company that can manage your rentals with efficiency. You...
What You Need to Know About 1031 Exchanges in California
What is a 1031 exchange? The Internal Revenue Code section 1031 allows you to defer capital gains tax if you reinvest the money made on the sale of your property into a like-kind replacement property of equal or greater value. This can save you a lot of money and...
AllView Real Estate Management Awarded Best Property Managers in Huntington Beach and Irvine by Expertise.com 2022
The property management industry in California is a thriving and highly competitive area of business, dominated by only those companies that excel at delivering superior service, efficiency and return on investment. Since inception AllView Real Estate Management...
Santa Ana Becomes First Orange County City with Rent Control
On October 21, 2021, after a decade-long push from the Santa Ana community to find a solution for housing affordability, Rent Control has officially been implemented into law in the city of Santa Ana. Known as the “Just Cause Eviction and Rent Stabilization Ordinances,” the new rent control law became effective on November 19, 2021. While other jurisdictions in California like Inglewood, Los Angeles County, and Culver City have already passed similar tenant protection ordinances, Santa Ana is the first city in Orange County to implement just cause eviction measures and rent control. The general consensus is that neighboring cities may see similar laws passed in the next couple of years.
Should you Require Your Tenants to Have Renters Insurance?
All property managers and landlords in Southern California should be familiar with renters insurance and have a firm understanding of why it should be required for all your tenants. Unfortunately, not enough landlords require it. Additionally, while it’s smart for tenants to purchase renters’ insurance to cover their personal belonging, many renters still don’t understand the necessity. Notably, the average renter underestimates the value of their personal property, and they don’t realize the true cost involved should their property be damaged in a building fire or other types of disasters.
SB 1157: California’s New Credit-Reporting Law
If you are a landlord, property manager, or otherwise involved in real estate management in the state of California, then you should immediately become familiar with California’s groundbreaking new law, SB 1157, which went into law last month, on July 1, 2021. Notably, this is the first bill of this type in the country.
What To Do if Your Tenant Stops Paying Rent?
Arguably, rent collection is one of the most important financial tasks of a property manager or landlord in Southern California. As such, it’s critical that landlords and property managers stay on top of this aspect of real estate management to avoid a disruption in their property’s cash flow.
The Legalities of Collecting Back Rent Accrued During COVID in California
When the World Health Organization (WHO) declared the novel Coronavirus (COVID-19) a pandemic, it affected California residents drastically. Specifically, most of the California economy was shut down, leaving many residents without jobs or any source of income. Making residential real estate one of the hardest-hit sectors affected by the COVID-19 pandemic. In any event, everyone is left to pick up the pieces, including landlords dealing with potential evictions and collecting back rent from tenants that accrued while California was shut down.
Why It’s Important to Routinely Change AC Filters
Air filters are a vital component of your property's HVAC system, but they are too often neglected. While the benefits of regularly replacing these comparatively inexpensive items might not be immediately noticeable, failing to replace them can actually severely damage or ruin your entire system. Keeping an eye on small details like these is what makes AllView Real Estate Management a top property management firm.
