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The Benefits of Reporting Rent Payments for Property Management Companies

MRI Software

Despite rent being a substantial monthly expense, it historically didn’t contribute to a renter’s credit score. Since around 2014, the scenario shifted when credit bureaus started including verified rent payment data in credit reports, known as rent reporting.

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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. percentage points lower than the fourth quarter of 2013.

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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. Buy a home, rent it out to tenants for more than you bought it for, and generate a steady income from it. Managing your property requires a lot of time, commitment, and effort.

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LA On-Site Property Manager Compensation 2016

Real Property Management Choice

If an owner wishes to trade off an apartment rent value, the minimum wage value cannot exceed $564.81 Two managers living in the same unit cannot exceed $835.49 In any case the credit amount may not exceed two thirds of the market rent value. The owner may then only credit for a single manager up to $564.81

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

Real Property Management Choice

Rental Statistics Report Released Shows Rent, Vacancy, and Saturation Rates All on the Rise Los Angeles eal estate investors can breathe a sigh of relief as recent rental statistics report shows rent, vacancy, and saturation rates are all on the rise. of all single family homes nationwide are used as rental properties.

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New Laws for LA Landlords

Real Property Management Choice

However, this law exempts properties with less than five parking spaces or properties with subject to rent control. Evictions for Los Angeles and Long Beach This law became effective 1st Sept 2014. Smoke Alarms This law became effective 1st July 2014. According to senate bill No.745,

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2015 Rental Market Analysis for Landlords – Second Quarter

Real Property Management Choice

Rental Market Analysis for Landlords Forecasts Bright Economic Outlook Through Second Quarter in New Info-graphic Real Property Management, the nation’s leading property management company, forecasts landlords should expect a positive rental market through the second quarter. percent rate in 2009 to the current 5.7