Rent control laws existed over the years, though they differ from one state to another. Additionally, different cities in the same state may have different rent control laws. As such, when buying property in a town, ensure you check up on the local rent control laws. The Purpose of Rent Control Laws
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Attracting Tenants through Rental Concessions
A rental concession is when a landlord compromise on the original rent to get a tenant to move in quickly. They are a kind of a rebate offered to a tenant to get them into a rental property quickly. It could be in the form of monetary compensation, a service, physical good or a discount.
Why You Should Rent to Students
If you own a rental property near a college, it’s inevitable that you will have to rent to students. This is not an idea most landlords fancy. However, there are many perks to renting out to students that other tenant groups do not present. You might end up preferring to rent to students as opposed […]
Vacant Rental Units? Part 2
4. Bulletin Boards There might be potential tenants in your neighborhood and thus distribute flyers of your rentals in your community. You can put up these flyers around bus stops, grocery stores, colleges, churches, and laundromats.
Vacant Rental Units? Where to Find Potential Tenants
Your vacant rental units won’t be filled up through magic. Tenants need to be aware that you have vacant units in the first place. The only way this is possible is if you put in place a plan to inform them. If you are looking for ways and places to find potential tenants, you’re lucky […]
New Smoke Detector Regulations! Los Angeles Property Management Group
Property Management LA A SIMPLE GUIDE TO UNDERSTANDING THE NEW SMOKE DETECTOR LAWS I’ve noticed a lot of confusion regarding the new smoke detector rules that took effect July 1st, 2015. The State of California, as well as the Apartment Owners Association, have both already issued additional documentation to clarify their initial statements regarding these […]
