Property Management News
In 2025, the Los Angeles County Board of Supervisors approved an ordinance requiring housing units in unincorporated areas of Los Angeles County to maintain a maximum indoor temperature of 82 degrees Fahrenheit beginning Jan. 1, 2027. As Southern California experiences yet another sweltering summer with frequent heat advisory warnings, this standard seems to be highly anticipated and prevalent. Renters all along Southern California have been struggling with uncomfortably high temperatures and even higher electricity bills, often having to spend money on portable ACs to cool down. The Purpose What drove the bill to be passed was a 2023 County of Los Angeles’ Public Health... Read more
Ask a property manager what keeps them up at night, and you’ll hear about roofs, boilers, maybe a problem tenant on the third floor. Wiring rarely makes the list....
Here’s a conversation that happens more often than you’d think: “I tried real estate investing five years ago with a single-family rental. It was a...
Your apartment marketing strategy is firing on all cylinders. Eye-catching ads, a professionally designed website, social media engagement, and rising web traffic....
Around a decade ago, Chad Dale watched as some of his friends started to leave Seattle. “They wanted to stay in an urban environment, but the city was too expensive...
The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The number of homeowner households rose 0.8% to 86.9 million—a growth rate that’s little changed from recent quarters. That marks the first time in over a year that the number of renter and homeowner households are increasing at the same rate. Prior to this, the number of renter households had been growing faster for four-straight quarters. Home prices are more than 40% above pre-pandemic levels, while rent prices are... Read more
Renting your first apartment is a thrilling milestone that marks your entry into adulthood. However, it’s also a major responsibility, particularly when it comes to...
In recent years, apartment amenities have been extravagant and elaborate. Luxury properties, specifically, have seen a rise in features ranging from screening rooms to...
A property manager has the authority to evict a tenant from the property. Tenant eviction is a legal process that the property manager can initiate if the tenant...
This article is a continuation from RENT Magazine issue Q3’23. Built-in Financing To conduct a complete §1031 exchange, a taxpayer must replace the entire value...
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