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When Is the Last Time You Raised the Rent?

Authority Property Management

Why Small, Annual Increases Are Best for You and Your Tenants As a landlord or property owner in Redding, CA, when was the last time you raised the rent on your tenants? Many property owners hesitate to increase rent, either because it feels awkward to bring up or because they worry it might push good tenants out the door.

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Should You Convert Your Primary Home Into a Rental Property?

Authority Property Management

Maximizing Financial Gains: Why Renting Out Your Home Could Be a Smart Move If you're considering moving to a new home but aren't ready to part with your current one, you might be asking yourself: should I turn my primary residence into a rental property? Homeowners should budget for potential gaps in rental income.

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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 percent rate 1.

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How SB-721 is Shaping the Future of Property Management in California: A Comprehensive Analysis

Authority Property Management

The Impact of SB-721 on California's Property Management Industry  Introduction Senate Bill 721 (SB-721) was enacted to improve building safety standards, particularly for balconies and elevated exterior elements. Displacement Concerns: Higher costs for landlords might result in rent increases, potentially displacing lower-income tenants.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. million) spent over 30% of their income on utilities and rent. Moreover, it’s 48% higher than the homelessness rate in 2015. to just 0.4%.

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Millennial Generation Now Being Referred to as “Generation Rent”

Real Property Management Choice

Nationally, homeownership rates are at a 20-year low, ending 2015 with just 63%. How are these numbers affecting Los Angeles investment property owners? Freedom to be Flexible As a Los Angeles investment property owner, these figures work in your favor. This number is down from the previous year.

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High LA Rents and Low Income are Driving Roommates Together

Real Property Management Choice

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. As rents continue to rise faster than home values in most areas, expectations are for another increase in cumulative rent paid in 2015. adults in 2012.

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