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
If you’re a multifamily property owner, you know that keeping your buildings up-to-date and attractive is critical to attracting and retaining tenants. However,...
Partnering with a local utility provider can help increase energy efficiency, streamline operations, and reduce resident turnover. While amenities have been a popular...
When Terri Clifton began sifting through insurance policy renewal offers for Better World Properties’ multifamily assets last month, she felt a moment of relief that...
The number of apartment spaces being created in office buildings across major cities this year has risen to over 55,000, four times higher than the 12,100...
Maintenance Tips and Best Practices For Your Multifamily Property Spring is beginning to bloom nationwide, bringing longer days, warmer weather, and a sense of renewal. With the warmer weather on the horizon, you may notice all of the effects of the winter weather on your multifamily property. Whether it is wind, snow, ice, rain, or cold weather-related, you may be disappointed seeing the status of your property. Thankfully, spring is a perfect time to make necessary repairs, adjustments, and improvements to your multifamily property to get it in tip-top shape come summer. Multifamily Property Spring Cleaning Checklist: Inspect The Properties Roof & Gutters The stress of winter and... Read more
It’s common knowledge that one way to get a good deal on a home is to buy one that is in foreclosure. The current owner has defaulted on their mortgage payments and...
KEY POINTS You may be able to get a good price on a foreclosure. If you buy a foreclosed home at auction, you’ll usually have to pay cash. The home may not...
Avoid these three mistakes to flip properties profitably and efficiently. Key Takeaways Three common mistakes to avoid when flipping a property House flipping has...
For those who aren’t in the publication industry, a blog, feature and press release all might mean the same thing. Non-sports fans sometimes refer to baseball...