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New Laws for LA Landlords

Real Property Management Choice

This law applies to any lease executed, renewed or extended on or after 1st July 2015. Evictions for Los Angeles and Long Beach This law became effective 1st Sept 2014. Smoke Alarms This law became effective 1st July 2014. Terminating Lease Agreement According to senate bill No.612, According to senate bill No.745,

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6 Things a landlord should check when moving in a tenant

Authority Property Management

Lease – A lease is a rental agreement that sets out all of the legal rules that you and your tenants must follow. A lease can be a means of communicating your terms and requirements in a straightforward manner to your tenants. You can also use a lease to establish deposits and to prohibit certain things like pets.

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2015 Rental Market Analysis for Landlords – Second Quarter

Real Property Management Choice

Its services include finding and screening tenants, completing the lease agreements, collecting rent, maintaining the building and grounds, arranging for any necessary repairs on a 24-hour basis, and processing evictions when necessary. Census Bureau: Residential Vacancies and Homeownership in the Fourth Quarter 2014; 3. Sources: 1.

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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. This kind of information is critical in making informed decisions regarding lease renewals, enforcing late payment fees, or even providing references for tenants in the future.

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Maximize Property Management Revenue Part 1: The Truth Behind Fee-Maxing

Fourandhalf

The A-Ha Moment for Fee-Maxing Todd began thinking about involving ancillary fees in his own property management business at a NARPM Owner/Broker conference in 2014 or 2015, where he heard Marc Cunningham talk about the ancillary fees that were available for property management businesses. Thats what were interested in talking about today.

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 Los Angeles Property Management Dangers: The Risks of Neglecting Background Checks

Real Property Management Choice

Entire neighborhoods are at risk when do-it-yourself (DIY) landlords take on the leasing responsibility without the proper checks in place. The Bureau of Justice reported in 2014 that 76.6% A recent survey was conducted by Liminality, Inc., an independent research firm, on behalf of the nationwide property management firm.

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LA Neighbors in Danger Due to Lack of Tenant Screenings

Real Property Management Choice

Tenant screening is one of the most important parts of the leasing process but a new survey of Do-It-Yourself (DIY) landlords shows that your neighborhood may be in danger. Upon qualifying an applicant, they ask themselves, “Will this tenant be a risk to the owner or the rental property they will be leasing?” That study found 76.6

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