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The True Cost of Self-Managing Your Rental Property vs. Hiring a Professional Owning rental property can be a lucrative investment, but how you manage it can significantly impact your bottom line. Many property owners debate whether to manage their rental property themselves or hire a professional property management company. While self-managing might seem like a…
Author Archives: Karen Carlson
Dec
09
2024
In a decisive vote, California residents have rejected Proposition 33, also known as the “Justice for Renters Act.” As of November 6, 2024, 61.6% of voters opposed the measure, with 38.4% in favor. The final results will be certified on December 3, solidifying another victory for responsible housing policies in the state. 1. What Was…
Nov
19
2024
The rental landscape is evolving, and new legislation could significantly impact how property managers handle eviction records during the tenant screening process. Across the U.S., states are enacting laws to seal eviction filings, aiming to protect tenants while balancing landlords' need for accurate information. Here’s what you need to know about these changes and how…
Nov
02
2024
Why Voting "No" on Prop 33 is Crucial for California’s Housing Future In November 2024, California voters will decide the fate of the Costa-Hawkins Rental Housing Act, a law that has safeguarded landlords and maintained rental stability since 1995. This pivotal legislation exempts certain properties, such as single-family homes and apartments built after February…
Oct
17
2024
California Extends Deadline for Mandatory Balcony Inspections in Multifamily Buildings In a significant move for property owners across the state, Governor Gavin Newsom has signed legislation extending the deadline for mandatory balcony inspections in California's multifamily buildings. The bill, AB 2579, authored by Assemblywoman Sharon Quirk-Silva (D-Fullerton), provides property owners with additional time to comply…