New Laws Affecting Landlords in 2015
A number of new laws are now effective and may impact the way landlords manage their buildings. Luckily, none significantly burden the profitability of their rental income business. AB 2561…
Optimize Your Management Policies to Avoid Trouble
The New Year is well underway and it’s time to ensure your property management policies and practices are optimized to stay out of trouble, minimize cost/penalties, and maximize your return.…
Saddle Up Landlords, It’s Time to Visit Your Tenants
With Los Angeles’ bitter cold winter giving way to the spring thaw, the warmer weather and longer days mark the beginning of rental shopping and moving season. Handling the departure…
Hard-Wire Those Bad Boys: New Smoke Detector Regulations Are Here
It seems smoke detectors exist only to remind you that you suck at cooking. Although this may be true, they are a critical part of fire safety in your rental…
L.A. City Council Approves RSO Amendment Regulating Cash for Keys Agreements
Los Angeles City Council, in their quest for fun and adventure, recently adopted an amendment to the city’s Rent Stabilization Ordinance (“RSO”) regulating “Cash for Keys” or “Tenant Buyout” agreements…
Costa-Hawkins Repeal Effort Rejected by California Voters
Yesterday, California’s voters rejected the most recent attack on Landlords by a wide margin of roughly 65 to 35 percent. Voters hit the polls to decide on a controversial ballot…
Unincorporated Parts of Los Angeles Now Subject to Rent Control
The Los Angeles County Board of Supervisors voted 4-1 in favor of an ordinance capping rent increases at 3% per year in unincorporated areas. Previously, the unincorporated areas had no…