Property Management News
Estimated debt to landlords comes in the wake of new tenant protections Delinquent tenants in the greater Los Angeles market owe an estimated $1 billion in unpaid back rent as the city enforces new renter protections. Los Angeles is among a handful of cities across the state to extend some pandemic-era protections barring some evictions, the Wall Street Journal reported. Meanwhile, unpaid back rent across greater L.A. could exceed $1 billion, according to estimates by National Equity Atlas, which based its figures on Census surveys, according to the newspaper. It wasn’t clear if the figures covered Los Angeles County, or included a five-county region outside the city. The Atlas is... Read more
“Cash for keys” is a term used to describe a situation where a landlord offers a tenant a sum of money to vacate the rental property voluntarily. If done properly,...
Residential rental property is the way to make money, or so some people claim. On the surface, it seems likes a surefire bet; in reality, it's usually more of a...
There are many different types of liens. Find out what they are and how they are enforced. A lien is a legal way to secure the payment of a debt. It gives the...
As a landlord, one of the toughest situations is dealing with a tenant not paying rent. Loss of rent leads to cash flow issues, so what should you do if a tenant stops...
You did everything right — credit checks, calling previous landlords and references, criminal background checks. But despite your careful screening, the tenant who seemed perfect turns out to be a nightmare. At some point, every landlord finds it's necessary to evict a tenant. Common Reasons Eviction May Be Required There are a number of reasons why you may need to evict a tenant. The most common is the nonpayment of rent. You may also need to evict a tenant for violating the terms of the lease or rental agreement. For example, having a pet when the agreement has a no-pets clause or making excessive noise that disturbs neighbors and other tenants. Finally, tenants can be... Read more
Evictions can be a lengthy, daunting process for landlords and tenants, so it's important you're aware of the specific reasons, procedures and costs. While...
With just one week left until pandemic-era eviction rules were set to expire, the L.A. County Board of Supervisors voted Tuesday to extend COVID-19 renter...
Every property manager or management company is different, with different skills and different goals, but in general property management services are designed to take...
With rents at all-time highs and few pandemic protections in place, US housing officials are looking to judges to slow the rise in evictions. The US affordable...