Back on the State Ballot this November: RENT CONTROL!

Written by Apartment Management Magazine on . Posted in Blog

Back on the State Ballot this November:  RENT CONTROL!

California’s rental housing providers are again under attack this November.  A new ballot initiative that we’re calling “Proposition 10, Version 2.0”, if passed, will drastically expand California’s rent control laws by repealing the protections we now have under the Costa-Hawkins Hawkins Rental Housing Act, which protects vacancy de-control and limits how far local governments may go in expanding rent regulations. 

Not much more than a year and a half after two-thirds of California’s voters rejected Proposition 10, backers of that measure have garnered enough signatures, nearly one million signatures, to qualify a similar rent control measure for the November 2020 ballot.  We must defeat this latest attack on rental housing providers!  This new ballot initiative is an extremely dangerous threat to all rental property owners!  If passed:

Public Sector Unions Continue Their Attack on Property Rights in California

Written by Apartment Management Magazine on . Posted in Blog

Public Sector Unions Continue Their Attack on Property Rights in California

By Edward Ring
April 30, 2020

California’s legislature is controlled by Democratic super-majorities in both houses. These Democrat politicians, in turn, are controlled by public sector unions. They are now considering Assembly Bill 828, which will empower courts to summarily reduce rents by up to 25 percent and create additional barriers to the eviction process.

Passage of this law would be a disaster. It’s not just a blatant usurpation of property rights. It also adds a hefty shove to an economy already teetering on the brink of an epic deflationary spiral.

Top Tax Secrets For The Successful Apartment Owner/Investor with Robert Hall & Associates

Written by Apartment Management Magazine on . Posted in Blog, Webinar

FREE ADMISSION – SPACE IS LIMITED!

LIVE Webcast: Thursday, July 30, 2020 11:00 AM – 12:00 PM PST

Top Tax Secrets For The Successful Apartment Owner/Investor with Robert Hall & Associates  

Learn how to save on your State and Federal taxes by one of the leading tax experts, Tony Watson of Robert Hall & Associates, CPAs.  Taking this webinar will teach you to avoid the major tax pitfalls and mistakes and how you can save money on YOUR taxes and continue to build wealth and retirement security as quickly as possible.

During this presentation, Tony Watson, an Enrolled Agent with Robert Hall & Associates, will explain to you the tricks and secrets you can use to avoid paying too much in taxes.  Learn how to protect your wealth, how to avoid costly tax mistakes, and learn the leading tax avoidance strategies all in compliance with the law.  Whether you are an investor, agent, or lender, you will be able to use this important information to maximize your returns on your real estate investments and  potentially save thousands of dollars on your taxes well into the next decade!

Discussion Topics Include:

Reopening Amenities: Effectively Communicate Your Plan With Residents & Teams

Written by Apartment Management Magazine on . Posted in Blog

Reopening Amenities: Effectively Communicate Your Plan With Residents & Teams

In some areas, stay-at-home orders are beginning to lift, and restaurants, retail stores, gyms, and communal spaces are reopening to the public. The majority of businesses are taking a phased approach to ensure the safety of their patrons and staff. From closing off streets and parking lots to make room for outdoor dining to requiring face masks, cities are consulting the guidance of their local governments on what steps are needed to reopen their communities. 

As a property or community association manager with shared amenities, such as gyms, pools, dog parks, and playgrounds, you need to make sure your reopening plan is in line with your state guidelines to prevent any potential liability issues. In addition, it’s crucial your residents and homeowners are being informed of any changes in a timely manner and that your team members clearly understand each phase. 

Until Further Notice

Written by Apartment Management Magazine on . Posted in Blog

“UNTIL FURTHER NOTICE” by Elaine Simpson

We have all been hearing the phrase “until further notice” a lot lately:  item not available until further notice, closed until further notice, service not available until further notice.  In our digital world, there are plenty of ways you can still stay connected and provide excellent customer service, however, if someone wants to give you a good or bad review online right now – they can’t, at least not on two major platforms.  You guessed it, until further notice!

This week Yelp and Google My Business chose to temporarily disable new reviews, responses and any Q&A for all businesses “until further notice”.   Both companies made this critical update to their policies because a significant number of negative reviews and experiences had been posted based on offices being closed and limited services being available due to the pandemic and the Work From Home (WFH) request by government officials. 

Energy Efficiency Options for Multifamily Properties

Written by Apartment Management Magazine on . Posted in Blog, Webinar

FREE ADMISSION – SPACE IS LIMITED!

LIVE Webcast: Monday, July 22, 2020 11:00 AM – 12:00 PM PST

Earn Rebates and Get “Free” Stuff: Available to All Apartment Owners

SAVE MONEY!  Join us Wednesday, July 22, 2020 at 11:00 a.m. as we connect with ICF.  Whether you’re a homeowner, multifamily property owner or manager, or business owner, ICF can help you take advantage of a wide variety of energy efficiency opportunities that can help you save energy and money.

During this webinar, local energy efficiency experts will share information on how you can make energy-saving upgrades at your multifamily property that will improve tenant comfort, reduce your ongoing costs, and help the environment.

Discussion Topics Include:

  • Types of technologies and updates that can reduce gas and electric costs
  • How combining multiple upgrades can help you save more money
  • Local rebate and incentive programs that can help pay for your building improvements
  • Additional programs and support for low-income properties
  • and much more, including Q&A to follow the presentation!

5 Tips for Property Management Success

Written by Apartment Management Magazine on . Posted in Blog

5 Tips for Property Management Success

By:  Marco Vartanian, President and Owner, Sullivan Property Management

Apartment property management is getting more complex.  It seems almost daily, there are new laws, regulations and rules to contend with.  While the pace of change can be overwhelming, the following are 5 simple techniques to help ensure successful property operations.

  1. Stay Organized

As an apartment owner, make sure you’re managing your investment like the “business” that it is.  First and foremost, maintain pristine property records that are routinely updated, organized and securely stored for future access.  On the tenant front, create and save individual files that include all leases, rental payment ledgers, rent increase notices and lease expirations.  It’s also important to create and save a written log of all tenant communications over phone, email and text messaging.

How to Attract Long-term Tenants

Written by Apartment Management Magazine on . Posted in Blog

How to Attract Long-term Tenants

As a landlord, your goal is to attract long-term tenants; long-term tenants mean you’ll have a steady income and less trouble. Listing units, time in between renters, and running background and credit checks for new applicants, is not only time consuming, but it can also get expensive. As a landlord, there are a few different ways to both attract and keep your tenants.

Make the Price Right

The first thing a potential renter will look at is the price; know the rental prices in your area and set yours accordingly. Setting your rent slightly lower than similar units could pay off in the long run, if it attracts a long term tenant with a good job.

Maintain Your Property

If your property is dirty, smelly, and falling apart, you won’t attract good tenants. People with good jobs want to come home to a safe, clean, and secure home.

Before you start showing the place, do a deep cleaning. Clean the carpets, paint the walls, fix any damage, and get rid of any bad smells. While you’re at it, make sure the exterior looks well kept, too. Keep the outside of your property clear of trash, mow the lawn and water the plants. Maintaining your property will also inspire your tenants to keep it up too.

The Best Property Management War Stories as Told by the Southland’s Top Property Managers

Written by Apartment Management Magazine on . Posted in Blog, Webinar

FREE ADMISSION – SPACE IS LIMITED!

LIVE Webcast: Monday, July 13, 2020 11:00 AM – 12:00 PM PST

Hear the “War Stories” from the Southland’s top property management experts and learn about some of the complicated issues they encountered and how these property management experts resolved them. Our experts will discuss some of the “stickiest,” toughest, challenging, and yes, quite possibly the sexiest situations they have had to deal with during their professional careers.  During this approximately 1-hour online, interactive webinar, you will have an opportunity to ask your questions and seek advice about some of the challenges you face today.

Possible Topics Include:

  • Dealing with illegal activities at your property.
  • Handling difficult tenants that threaten other residents and disturb the peace and enjoyment at your properties.
  • Advice on how best to navigate difficult tenants.
  • Do not make a fair housing mistake – a seemingly harmless comment can cost you thousands!
  • Think twice before you write something you will come to regret.
  • What lessons professional managers can bestow on smaller, “mom and pop” owners
  • And much more – your questions submitted prior to and during the webinar will drive the discussion

How are the New Regulations Impacting Your Ability to Collect Rent and Bring Forth Evictions

Written by Apartment Management Magazine on . Posted in Blog, Webinar

FREE ADMISSION – SPACE IS LIMITED!

LIVE Webcast: Wednesday, July 15, 2020 11:00 AM – 12:00 PM PST

Please join us on Wednesday, July 15, 2020 at 11:00 a.m. to hear from the leading landlord / tenant legal expert, Dennis Block, Esq.  DON’T MISS THIS IMPORTANT WEBINAR – NOW IS THE CHANCE TO HAVE YOUR LEGAL QUESTIONS ANSWERED BY CALIFORNIA’S TOP EVICTION ATTORNEY…FOR FREE!  Learn about when and how you can evict your problem tenant, legal strategies you can deploy for when the emergency declaration has ended and understand your rights as a rental property owner. 

Dennis P. Block, eviction attorney,  is THE AUTHORITY in the field of Landlord  /Tenant law and rent control issues in California. He conducts numerous seminars for both landlords and fellow attorneys and is a rental property owner himself.

WEBINAR DISCUSSION TOPICS INCLUDE:

  • When can your tenants withhold rent from YOU?
  • What proof are tenants required to provide to YOU in order withhold rent?
  • Can YOU proceed with an eviction at this time?
  • Is the Sheriff’s Office performing lockouts?
  • Are there different rules depending on what jurisdiction your property is in?
  • Are the courts open at present?  When will the courts open?
  • What time does happy hour start? (e.g., When will the emergency declaration be lifted?)
  • And, much, much more…including Q&A to follow the presentation.