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Get informed and stay up to date with what’s new in the world of Real Estate and Property Management.
Eight Tips for Investing in Real Estate in Orange County
Did you know that the median price of a home in 16 zip codes in Orange County has surpassed the million-dollar mark? In other words, prices have pretty much doubled in the last ten years! Imagine how you would feel if you had doubled your money in just a decade? Basically, a steady 10 percent raise every single year. Not to mention the rental income and tax deductions you’d likely benefit from throughout those same 10 years. You are probably looking at these figures and thinking, “OK, I am ready to dive in.” We have some tips to keep in mind when you are looking into OC real estate investing.
The Laws and Regulations Regarding Pulling and Using Credit and Consumer Reports for Selecting Tenants
Most, if not all, property managers and landlords in Southern California will conduct a background check on prospective tenants. This background check usually includes the landlord ordering a credit check and/or a consumer report. When conducting background and credit report checks, owners, landlords, and property managers must remember to comply with both Federal and California Fair Housing Laws. Additionally, they must also comply with the Federal Equal Credit Opportunity Act and the Fair Credit Reporting Act (FCRA), which may be applicable whenever a landlord or property manager orders a consumer report on a tenant.
The Pros and Cons of Buying and Using a Home Warranty
If you own a home in Southern California you must ensure the care, maintenance, and upkeep of the home is a priority if you wish to maintain your property's value. One way homeowners can keep their appliances and major systems in optimal condition is by investing in a home warranty policy.
AB 3088: California’s COVID-19 Tenant Relief Act of 2020
In response to this brewing housing crisis, Governor Newsom enacted AB 3088, commonly referred to as the COVID-19 Tenant Relief Act of 2020, to offer substantial new protections to all California residents, from eviction, provided that they qualify. In sum and substance, the bill prevents the eviction of tenants who are facing financial hardship due to COVID-19.
The Importance of Having Local Representation and Local Expertise in Property Management and Real Estate Investing
As an owner or investor of multifamily properties in Orange County, Los Angeles, and beyond, the property manager or property management firm you choose to work with is critical to your real estate portfolio's success.
How a Landlord Can Create a Great Leasing Experience For Prospective Tenants
While you would like to have the ideal tenants, are you being their ideal landlord? According to a study by the National Center for Housing Management, 54 percent of apartments turn over every year.
All About The New California Rent Control Law (AB 1482)
Currently, millions of California renters are struggling to pay their rent due to the high cost of living in California. Enacted to combat this issue, The Tenant Protect Act of 2019, more commonly known as “AB 1482”, is a new rent control law that places a cap on...
Landlord and Tenant Relationships: What Can Property Owners Learn from the Hospitality Industry?
Successfully renting and managing rental and investment properties may seem like a difficult proposition at times. This is because there are a considerable number of issues and unknown variables that may arise.
Improving Rental Rates And Property Value Through Improvements
Making improvements to your rental property is often viewed as a strategy to increase the net operating income of a property. However, deciding which improvements will give you the best return on your investment can be tough, especially when prices are surging.
