Property Management News
The Los Angeles County Board of Supervisors has unanimously voted to increase apartment inspections and withhold rent payments from negligent landlords, a vote that comes years after initial plans to overhaul enforcement of healthy housing standards were first introduced. The 5-0 vote Tuesday sets up a Rental Housing Habitability Program to inspect all apartments in unincorporated parts of L.A. County at least once every four years, a significant change from previous standards. Landlords who repeatedly fail to fix code violations could have their properties placed into a Rent Escrow Account Program until they make repairs. “Every county resident deserves to live in a habitable space,... Read more
The use of proptech is a factor that is sure to come up regularly in conversations among executive teams, regional vice presidents and local property teams, simply...
When peak leasing season hits, property teams bring their A-game to fill vacancies fast and connect with an influx of leads. This calls for efficiency, high-quality...
If there’s one common theme that resonates across the real estate market from property owners and investors to developers and asset managers, it’s...
Negotiation strategy requires a grasp of macroeconomic and local factors. During the last year, it’s become clear that multifamily owners and operators have been...
Tax planning is a critical aspect of managing a multifamily real estate investment portfolio. By implementing effective tax strategies, investors can optimize their financial performance, maximize cash flow, and minimize tax liabilities Here are 7 essential tax planning tips tailored specifically for multifamily real estate investors. Structure Investments Wisely Carefully consider the most advantageous entity structure for your multifamily real estate investments. Depending on your specific circumstances and long-term objectives, options such as limited liability companies (LLCs), partnerships, or S corporations may offer distinct tax benefits and liability protections. Consult... Read more
Noisy tenants can be a real headache for landlords so here are some suggestions in 7 ways to handle noise complaints in rental housing the right way. If you are the...
As a landlord or property manager, understanding the intricacies of smoking policies in rental properties is crucial. This comprehensive guide dives into the...
Navigating the tax considerations for multifamily investors requires a thorough understanding of depreciation, deductions, capital gains, 1031 exchanges, and passive...
A landlord can take legal action if tenants are being noisy. Living in close proximity with noisy neighbors can be a major annoyance for both homeowners and tenants. As...
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