SB 721, also known as the Building Safety Bill, was enacted to enhance the safety of multi-family residential buildings, such as apartment complexes. It introduced requirements for the inspection of certain building elements, with a focus on preventing accidents and injuries due to deteriorating building conditions. Key provisions of SB 721 included: It’s important to…

Happy September everyone. Fall is just around the corner, and we’re here to usher the last quarter of the year in with some news and updates related to our business and the property management industry. Come November 05, 2024 there will be a general election ballot which aims to repeal the Costa-Hawkins Rental Housing Act…

Why You Should Accept a Section 8 / Housing Authority Voucher 1. Guaranteed Rent Payments: One of the primary benefits of accepting Section 8 tenants is that the rent payments are guaranteed by the government. The Monterey County Housing Authority oversees the Section 8 program and is responsible for sending the rent portion directly to…

This month, we talk Assembly Bills, Fair Housing Laws and how we as property managers screen tenant applications. Recently in the California Senate, a bill authored by Sen. Maria Elena Durazo, D-Los Angeles, that would critically hinder your ability to effectively manage and invest in rental housing in California. Here’s how SB 567 could negatively…

Summertime is almost officially here! We hope you’re enjoying warmer weather and some summer fun. Below outlines our Newsletter topics for June of 2023. How to calculate proper rent increases for rent controlled properties subject to AB 1482 To calculate the proper CPI (Consumer Price Index) increase for your AB 1482 controlled property in California,…

We are about to approach our busy season! May through August have always been a popular time on the Monterey Peninsula for long-term renters and short term renters/guests alike. Long-term renters often find it most convenient to move themselves and their families during the summer months when school is no longer in session. Short term…