Posts Filed Under: News and Updates

Staying informed about the latest news and updates in the property management world is essential for landlords who want to stay ahead. Whether it’s a change in local regulations, new trends in the rental market, or economic shifts affecting real estate, being up-to-date empowers you to make informed decisions. As a landlord, keeping a finger on the pulse of the industry can mean the difference between smoothly managing your properties and running into unexpected challenges.

This section of our blog is dedicated to providing landlords with timely news and updates that matter. From legislative changes to emerging technologies in property management, we cover everything you need to know to adapt to the evolving landscape. By staying current, landlords can protect their investments, improve their operations, and create better experiences for their tenants.

Why Following News and Updates is Critical

For landlords, being informed is more than just a best practice—it’s a necessity. Laws and regulations surrounding rental properties can change frequently, and failing to comply with new rules can result in fines, legal disputes, or even the loss of rental income. For instance, updates to eviction laws, rent control measures, or tax policies can have a direct impact on how you manage your properties.

Besides legal considerations, staying updated on market trends allows you to remain competitive. Knowing what tenants are looking for—whether it’s energy-efficient appliances, pet-friendly spaces, or flexible lease terms—can help you attract quality renters. Most importantly, being proactive about news and updates ensures that you’re not caught off guard by changes that could disrupt your business.

Adapting to Legislative and Market Changes

Legislation affecting landlords is constantly evolving, especially in areas with active rental markets. New eviction protections, rent caps, or health and safety requirements can significantly alter how landlords operate. Therefore, keeping up with news and updates in your area is essential to ensure you’re meeting your obligations and avoiding penalties.

In addition to legislative changes, shifts in the rental market can also affect your strategy. For example, if demand for rentals increases in your area, you might consider adjusting rental rates or investing in upgrades to maximize returns. On the other hand, if the market cools, staying informed allows you to adapt quickly by focusing on tenant retention or marketing your property more effectively.

Leveraging News and Updates for Success

Staying informed doesn’t just help you stay compliant—it also provides opportunities to improve your property management practices. For example, keeping up with emerging property management technologies can help streamline operations, from tenant screening to rent collection. Likewise, understanding economic factors like interest rate changes or housing demand can guide your decisions on purchasing or renovating properties.

By proactively leveraging news and updates, you position yourself as a landlord who is both knowledgeable and adaptable. This not only helps you protect your investments but also strengthens your reputation as a professional landlord who prioritizes tenant satisfaction and property value.

As a landlord, staying informed about news and updates in the rental industry is one of the most effective ways to protect your properties and grow your business. From understanding new laws to adapting to market trends, being proactive ensures that you’re always prepared for what comes next. Explore the articles in this category to stay up-to-date on the latest developments and gain actionable insights for managing your properties with confidence.

Here are some articles regarding News and Updates

The City of Alhambra Passes Tenant Protection Ordinances

Posted on: 05/29/2023

According to officials, the city council of Alhambra has given its approval to two “Tenant Protection Ordinances.” These ordinances were passed during the council’s meeting on May 22. They entail a temporary moratorium, which prevents landlords from evicting tenants under specific conditions in order to carry out remodeling activities. Following input from property owners and ..Read More

What is AB 3088?

Posted on: 05/24/2023

AB 3088, also known as the COVID-19 Tenant Relief Act, was enacted to provide temporary eviction protections for tenants who were unable to pay rent due to the pandemic. The law outlines specific notice requirements, repayment plans, and deadlines, offering safeguards to both tenants and landlords during a challenging economic period.

South Pasadena Approves Moratorium on no-fault Lease Terminations

Posted on: 05/19/2023

South Pasadena has enacted a temporary moratorium on no-fault lease terminations, preventing landlords from evicting tenants without a specific cause. This measure is designed to provide renters with greater housing stability while the city explores long-term tenant protection policies.

Important Notice to Owners of Rental Housing Units Regarding Substantial Remodel Building Permits

Posted on: 05/18/2023

Chapter 8.99 of the LBMC outlines the regulations pertaining to Just Cause for Termination of Tenancies. Section 8.99.020 (2) introduces the concept of no-fault just cause, which permits the removal of current tenants under specific circumstances. Notably, Section 8.99.020 (2) (D) specifies that the intent to demolish or significantly renovate the residential real property enables ..Read More

Long Beach Just Cause Eviction Ordinance: Everything You Need to Know

Posted on: 05/16/2023

Long Beach’s Just Cause Eviction Ordinance introduces new guidelines for tenant protections and landlord responsibilities. Get all the details you need to navigate these changes effectively.

What is a Three Day Notice to Perform Conditions and-or Covenants or Quit

Posted on: 05/12/2023

As of January 1, 2020, a new law known as AB 1482 has been implemented in California. This law imposes rent caps on most residential rental properties and introduces “just cause” eviction requirements. If the tenancy is protected by just cause, AB 1482 prohibits landlords from (1) terminating a month-to-month tenancy or (2) choosing not ..Read More

Redlands Urgency Ordinance FAQ

Posted on: 05/10/2023

The Redlands City Council discussed and voted on an urgency ordinance aimed at implementing stricter regulations for landlords planning substantial remodels on properties in Redlands. During the most recent meeting, Mayor Pro Tem Eddie Tejeda raised the topic of renter protections to the council. City Attorney Yvette Abich Garcia explained that according to California law, ..Read More

Oakland to Phase Out COVID-19 Moratorium

Posted on: 04/19/2023

Oakland has announced plans to phase out its COVID-19 eviction moratorium, which provided tenants with rent protection during the pandemic. As the city transitions back to standard rental policies, both landlords and tenants should prepare for changes in rent collection and eviction processes.

Does Santa Clarita Have Rent Control?

Posted on: 04/07/2023

Santa Clarita does not currently have its own rent control ordinance, but landlords and tenants are still subject to California’s statewide rent control laws under AB 1482. This law limits rent increases and provides protections against unjust evictions, ensuring some level of stability for renters in the area.

San Diego Tenant Protections Ordinance

Posted on: 04/05/2023

San Diego’s Tenant Protections Ordinance introduces new rules on evictions, rent increases, and tenant rights. Learn how these regulations impact landlords and what steps to take to stay compliant.