Genuine Property Management

FEBRUARY 2, 2024

Landlords have had to deal with falsified tenant applications for years and now unscrupulous individuals have upped their game and have become increasingly sly in their attempts to evade background checks and spotty pasts. We wanted to share a few things to watch out for during the application process. The applicant Landlords need to vet […] The post Avoid Application Scams appeared first on Welcome to Genuine Property Management.

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JMZ Management

JANUARY 30, 2024

Can you invest in real estate using your retirement account? Yes! Here's a helpful guide to investing with Self-Directed IRA. Click the link.

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Real Estate 130

Appfolio

JANUARY 29, 2024

As property managers, leasing agents, and renters know, the real estate industry has been a roller-coaster ride over the past.

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Single-Family Home Property Management Property Manager Home Rental 130

BiggerPockets

FEBRUARY 2, 2024

Over the next four years, commercial debt bills will total a whopping $2.8 trillion many of which are balloon payments. It's led to the steepest drop in commercial asset valuations in recent history and created tremendous anxiety amongst investors. Where does the market go from here?

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IT Real Estate 95

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Lease

Genuine Property Management

FEBRUARY 2, 2024

When a tenant owes a landlord money there are two ways to collect; either go to court to hopefully obtain a money judgement and/or send them to collections. Money judgments This is the most effective, yet you have to go to court and prove it out. If successful, or if the case is not contested, […] The post Don’t Forget to Renew Your Money Judgement appeared first on Welcome to Genuine Property Management.

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Landlord Property Management Property Manager Tenant 130

Colliers

FEBRUARY 1, 2024

For many investors, 2023 was a year of challenges, with volatile interest rates, a banking crisis, geopolitical conflict, and lenders extending and modifying loans. Although sales volume reached $344 billion, it dropped by 53% compared to 2022, marking the second consecutive year of declining sales.

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IT 52

BiggerPockets

JANUARY 31, 2024

Every four years, the SEC weighs in on accredited investor requirements. After loosening the requirements in 2020, more than 18% of U.S. households now qualify, making the SEC worry that there might just be far too much access to accredited-only resources. Here's what you need to know about the possible changes coming.

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Genuine Property Management

FEBRUARY 2, 2024

Single family residences including condos are exempt from California Statewide Rent Control, AB-1482, if: Proper notice of exemption is given to the tenants and; Owner is not a Real Estate Investment Trust, Corporation, or LLC where an owner is a Corporation. Other Exemptions include: Housing with a certificate of occupancy issued within the past 15 […] The post Exempt From Rent Control appeared first on Welcome to Genuine Property Management.

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Rent Real Estate Property Management Property Manager 130

Colliers

FEBRUARY 1, 2024

Explore the latest key statistics and Colliers’ outlook for the U.S. office market. Click the data you want to review or scroll. For more industrial insights, read the Q4 Office Report.

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Nest DC

FEBRUARY 1, 2024

A well-crafted property listing can make all the difference between a quick and successful transaction and an extended wait on the market. A property listing is a prospective resident’s first impression of your property.It serves as a virtual introduction, providing a glimpse into the unique features, amenities, and lifestyle your property has to offer.

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Property Listing Property Transportation Tenant 52

BiggerPockets

JANUARY 31, 2024

If you are considering dipping your toes into real estate investing with this strategy, it’s important to consider the tax implications so you will know how much profit to report. Underreporting rental income on your taxes could cause problems for you later if you are audited.

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Rental Income Real Estate 93

Genuine Property Management

FEBRUARY 2, 2024

The main reason to use a Limited Liability Corporation ((LLC) is to insulate your personal assets from liability that may occur at the property. So, your risk stops in the LLC should anything occur on the property such as a slip and fall. Advantages Asset Protection A property’s biggest liability is generally if a tenant […] The post How Protect Your Personal Assets From Rental Property Liability appeared first on Welcome to Genuine Property Management.

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Rental Property Property Property Management Property Manager 130

Colliers

FEBRUARY 1, 2024

In the first episode of CRE: Industries Revealed, Anjee Solanki talks to Sheena Gohil, Vice Chair and Practice Group Leader of Colliers’ Tenant Advisory Council (TAC). TAC is a global team of expert advisors who help clients navigate complex business and real estate solutions.

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Tenant Real Estate Professional Services 52

MRI Software

JANUARY 29, 2024

Providing a great multifamily experience that makes residents want to renew, review, and refer others starts with creating vibrant communities and unforgettable moments. Come together with your residents to celebrate every season in style with the perfect event that reminds your renters why they chose your community as their home. What is the purpose of resident events for apartments?

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Apartment Lease Media IT 52

BiggerPockets

JANUARY 29, 2024

New data from ATTOM shows that the average ROI on home sales dropped last year, albeit slightly. Is this a new trend? Or just a ripple? And where should investors put their money now?

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IT Real Estate 93

Genuine Property Management

FEBRUARY 2, 2024

You may not know that California landlords cannot discriminate against an applicant just because they have a housing voucher (aka: Section 8). As always there are pros and cons to Section 8 applications. The pro is that many landlords appreciate because it’s a guaranteed source of income. They know that part of the rent will […] The post Landlords Cannot Discriminate Section 8 appeared first on Welcome to Genuine Property Management.

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Landlord Applications Applicants Property Management 130

Colliers

JANUARY 31, 2024

Super Bowl LVIII is the pinnacle of excitement for the National Football League (NFL). Held annually on the second Sunday of February, this championship event unites the finest teams from the AFC and NFC conferences in a quest for the Vince Lombardi Trophy.

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Retail 52

Authority Property Management

JANUARY 27, 2024

We Did It Again! Authority Property Management Wins Best Property Manager of 2023! We're thrilled to announce that Authority Property Management has once again been honored with the title of Best Property Manager , this time for the year 2023! This achievement is a testament to the unwavering dedication and hard work of our exceptional team, and we couldn't be more proud.

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Property Manager Property Management Management Property 52

BiggerPockets

FEBRUARY 1, 2024

This article is presented by Steadily. Read our editorial guidelines for more information.

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Genuine Property Management

FEBRUARY 2, 2024

Buena Park passed a new Ordinance enacting increased Just Cause protections for tenants effective August 1, 2023. While Buena Park has essentially copied most of the California’s Tenant Protection Act (TPA), there are some important differences which relate to increased relocation in some instances, slightly different disclosures, increased requirements for Substantial Remodel Just Cause, and […] The post New Buena Park Ordinance appeared first on Welcome to Genuine Property Management.

Property Management 130

Property Management Tenant Property Manager Management 130

Colliers

JANUARY 31, 2024

2024 marks a pivotal year for both healthcare and healthcare real estate. The industry’s transformation is driven by a combination of factors, including technological breakthroughs, changing patient expectations, and a shift toward proactive health management.

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Genuine Property Management

FEBRUARY 2, 2024

Before going down the weedy path of Eviction Lane, keep in mind that court costs are the least of your worries. You may have a mortgage, past-due rent, property turnover costs, locksmith, repairs, and the loud vacancy vacuum eating away at your income as well. Here’s five suggestions to help landlords avoid an eviction and […] The post 5 Easy Steps To Help Avoid An Eviction appeared first on Welcome to Genuine Property Management.

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Landlord Property Management Property Manager Rent 130

Genuine Property Management

FEBRUARY 2, 2024

Here are the five most important rent control laws that come into effect at various times in 2024. Security deposits Tenants will no longer have to pay two months’ rent as a security deposit. A new bill caps the amount a landlord can charge to just one month’s rent. Evictions based on alleged criminal activity […] The post 5 of The Most Rent Control Laws For 2024 appeared first on Welcome to Genuine Property Management.

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Rent Landlord Property Management Property Manager 130

Genuine Property Management

FEBRUARY 2, 2024

Making a profit in real estate investing is getting more and more difficult. As real estate prices increase and rents flatten, landlords need to be creative in looking for ways to increase their bottom line income. These five proven but lesser-known strategies will help you maximize your rental property income and ensure a solid return […] The post 5 Ways To Improve Your Rental Profit appeared first on Welcome to Genuine Property Management.

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Real Estate Landlord Property Management Property Manager 130

Genuine Property Management

FEBRUARY 2, 2024

If you have income requirements for your tenants, such as income must be at least three times the rent, then ensure an applicant meets your criteria. Here are 12 ways renters can easily show landlords proof of income. Pay Stubs Require at least the last two months pay stubs to determine how often the applicant […] The post 12 Ways Renters Can Show Proof of Income appeared first on Welcome to Genuine Property Management.

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Applications Applicants Landlord Property Management 130

Genuine Property Management

FEBRUARY 2, 2024

Owning property is a great way to develop your net worth. However, there are responsibilities, so here’s a few helpful tips… Research Protect yourself by doing your homework on responsibilities of landlords and keep up with new information. Maintain a business mindset Separate business from emotion at all times. You’ll pay lawyers, accountants, and insurance […] The post A Few Landlord Tips For Newbies appeared first on Welcome to Genuine Property Management.

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Landlord Insurance Property Management Property Manager 130

Genuine Property Management

FEBRUARY 2, 2024

Gov. Newsom just signed a bill that amends some of the tenancy termination rules under the California Tenant Protection Act of 2019 known as SB 567 Since its inception, the Tenant Protection Act of 2019 has allowed for an owner to recover possession of a rental unit to substantially remodel it. What is new is […] The post A Few New Eviction Rules appeared first on Welcome to Genuine Property Management.

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Rental Unit Property Management Tenant Property Manager 130

Genuine Property Management

FEBRUARY 1, 2024

If you’ve been tracking the latest in real estate investing, you’ve probably heard about “medium-term rentals.” Investors nationwide are adding medium-term rentals to their portfolios for improved cash flow. What is a medium-term rental A medium-term rental is a furnished rental that houses guests for two to three months. The tenants are often traveling professionals […] The post New Investment Stratagy appeared first on Welcome to Genuine Property Management.

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Real Estate Property Management Property Manager Tenant 130

Genuine Property Management

FEBRUARY 1, 2024

There is a new law that requires all landlords to provide information regarding dampness and mold. As of January 1, 2022, residential landlords are now required to provide written disclosure to prospective tenants of the potential health risks and impact of the exposure to mold by providing a mold booklet. The booklet shall be distributed […] The post New Law Regarding Mold Information appeared first on Welcome to Genuine Property Management.

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Landlord Property Management Property Manager Tenant 130

Genuine Property Management

FEBRUARY 1, 2024

Good news or perhaps not so good news… the Consumer Price Index (CPI) for Orange County is now 7.9%. Therefore, effective August 1, 2022, and through July 31, 2023, for residents that are NOT subject to any local rent control limits, you may increase rent in Orange County by 10%. If you have already increased […] The post Rent Increase is Now 10% appeared first on Welcome to Genuine Property Management.

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Rent Property Management Property Manager Management 130

Genuine Property Management

FEBRUARY 1, 2024

A popular topic with property managers nowadays is simply “are red hot rents finally starting to cool down?” Here’s some insight as to what is happening out there… RealPage has just reported that the third quarter was the largest drop in apartment rents since 2010. WSJ reported that the decrease in overall rental demand was […] The post Rental Demand is Slowing Down appeared first on Welcome to Genuine Property Management.

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Apartment Property Management Property Manager Rent 130

Genuine Property Management

FEBRUARY 1, 2024

The City of Santa Ana just enacted the Rent Stabilization and Just Cause Eviction Ordinance to regulate rent increases and evictions for nearly all rental properties and mobile home spaces. The City must create a Rental Registry and all landlords with rental units in the City of Santa Ana must complete and submit registration forms […] The post Santa Ana Enacts Harsh Rent Control Measures appeared first on Welcome to Genuine Property Management.

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Genuine Property Management

FEBRUARY 1, 2024

Two insurance industry giants have pulled back from California’s home insurance marketplace, saying that increasing wildfire risk, flooding, and soaring construction costs have prompted them to stop writing new policies in the nation’s most populous state. State Farm announced that it would stop accepting applications for all business and personal lines of property and casualty […] The post Top Insurance Giants are Leaving California appeared first on Welcome to Genuine Property Management

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Insurance Applications Applicants Property Management 130

BiggerPockets

JANUARY 31, 2024

You’ve heard top investors talk about “hard money loans” before, but what are they?

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Real Estate 92

BiggerPockets

FEBRUARY 2, 2024

A recent poll showed 60% of Americans are scared of the word "budget," so they wind up doing nothing at all. You don't have to budget, but you do have to track. Here's how.

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BiggerPockets

JANUARY 31, 2024

After New York's crackdowns on short-term rentals last year and several markets outright banning them, navigating the complex legal landscape of these properties has gotten harder. Luckily, we've identified three good ways you can stay in compliance and still earn a profit.

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