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Why Hiring a Property Manager is an Investment.

Authority Property Management

Property Managers An Incredible Investment Becoming a landlord seems like an incredible investment opportunity. If you are a landlord and have found yourself in this situation, hiring a property manager could be one of the greatest investments that you make. Seems like a pretty great deal up front, am I right?

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The Benefits of Reporting Rent Payments for Property Management Companies

MRI Software

Since around 2014, the scenario shifted when credit bureaus started including verified rent payment data in credit reports, known as rent reporting. Engaging in reporting rent payments can substantially benefit property management operations. This is a win-win situation for tenants and property managers or landlords.

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LA On-Site Property Manager Compensation 2016

Real Property Management Choice

The manager works 30 hours per week and is paid at least minimum wage for each hour they work, which they receive from the owner each pay period **Rent control buildings: There are multitude of rules and limitations concerning rental increases of apartment managers residing in rent controlled units. Please referral to [link].

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New Smoke Detector Law in California

Real Property Management Choice

SB1394 requiring 10 year batteries in all new smoke detectors in California by January 1, 2014 was revoked. Here are the details: July 1, 2014. The post New Smoke Detector Law in California appeared first on Real Property Management Choice. The new law, SB 745 takes it place and will be phased in through July 1, 2015.

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High LA Rents and Low Income are Driving Roommates Together

Real Property Management Choice

In addition, the rental vacancy rate during the fourth quarter of 2014 was 7% — 1.2 gained more than 770,000 new renters in 2014 and combined with rising rents across the country, created a cumulative amount paid in rent to $441 billion. This was 1.2 percentage points lower than at the end of 2013. According to Zillow, Tweet the U.S.

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New Laws for LA Landlords

Real Property Management Choice

Evictions for Los Angeles and Long Beach This law became effective 1st Sept 2014. Smoke Alarms This law became effective 1st July 2014. 745, all smoke alarms sold in California starting 1st July 2014 will have a non-replaceable, non-removable battery and capable of powering the smoke alarm for at least 10 years.

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Rising Rental Home Rates Good Sign for Los Angeles Real Estate Investors

Real Property Management Choice

“Rental rates are up throughout the country, and we expect that trend to continue in the near future,” said Lukas Krause, Chief Executive Officer of Property Management Business Solutions. increase of average monthly rates for the first quarter in 2015 from the same time period in 2014. The report that was released shows a 5.4%