by Rick Thornton | Nov 21, 2018 | Investing in Apartments, Legal Update, California, Multi-Family Market, Property Management
Prop 10 – Local Rent Control Initiative Loses 60% to 40% Proposition 10 would have repealed the 1995 Costa -Hawkins Rental Housing Act. The actual text is here: Prop 10 Rent Control 2018 Text Costa-Hawkins prohibited rent control on newly construction...
by Rick Thornton | Nov 21, 2018 | Legal Update, California, Property Management
The City of San Diego Seems to have confused the terms “Notice to vacate” with “Eviction”. An eviction is correctly known as a removal from the property via the legal system ie the Courts. A notice to vacate is a request to vacate and is...
by Rick Thornton | Nov 20, 2018 | Investing in Apartments, Multi-Family Market
In the spring of 1999 I wrote, “The early phase of a bull market in real estate presents a great opportunity to trade your current property up into a property of higher value.” This was and is sound advice. Here we are in 2020 and there are even more great reasons to...
by Rick Thornton | Apr 9, 2018 | Investing in Apartments, Property Management
This article was written in 1999. I will be updating it this year 2019. Often the most daunting task we face as property managers is increasing rents. I am not referring to the increases two and three years ago that all owner and managers enacted after the market...
