Posts Filed Under News and Updates

There is no “simple” answer to this question at this time. There are many factors to consider such as ever changing laws on all three levels of government, timing and the location of your rental property. This guide will help you consider all angles before taking on the risk of increasing rent during the pandemic. ..Read More

Updated 6/3/24 Experienced landlords know they need to screen applicants in terms of their ability to pay rent on a timely basis, and know they are not allowing someone onto their property with a criminal background that could potentially impact other tenants.  California Law places certain limitations on the rental application fees that can be ..Read More

Updated 7/16/24 Landlords basically have three options in terms of how to set up and/or bill clients for utilities. One is to build the utility costs into the rent so it is all inclusive single price for the tenant which the landlord manages. The second is to have a set rent fee and an added-on ..Read More

Updated 10/03/24 People pay with most things these days with credit cards, so why not pay rent this way too? The primary reasons people want to pay rent with a credit card is to get bonus cash back points. This is particularly true with new credit cards that have big sign-up bonuses if certain levels ..Read More

California Assembly Bill 1482, also known as the Tenant Protection Act, imposes statewide rent control and just-cause eviction rules on many rental properties. This legislation impacts landlords by limiting annual rent increases and restricting eviction reasons, requiring careful compliance to avoid legal issues.

Los Angeles has six programs administered by the housing authority HCIDLA that enables landlords to recover the cost of improvements to the property from their tenants. When approved by HCIDLA, these temporary rent surcharges and permanent increases can be applied to a tenant’s rent are in addition to and above the rent increases normally allowable ..Read More

Before a Los Angeles landlord can raise rent on an annual basis under the Los Angeles Rent Stabilization Ordinance or LARSO the landlord must serve at least a 30-day Notice of the change of terms of tenancy.

To determine how to prorate rent, courts uses a 30 day month no matter how many days are in the month so always calculate based on a 30 day month. For this example of how to prorate rent, we will use the rent rate of $1000.00 per month.

Believe it or not, raising the rent is an art, just like a majority of other aspects of property management. One needs to consider a number of issues prior to raising the rent and unfortunately most of them are human elements. For example, there is always the fear of losing the tenant or causing a ..Read More

Setting the right rental price is key to attracting tenants while maximizing your investment return. Research comparable rentals in your area, consider your property’s unique features, and factor in expenses to determine a competitive, profitable rate.