This monthly legislative updates is provided by the Southern California Rental Housing Association. Rent Increases Limited to 10% by Governor’s Latest Emergency Declaration Southern California Counties, and much of the State, are again subject to price gouging rules as a result of Governor Newsom’s latest Emergency Declaration for drought conditions. The price gouging rules (Penal Code 396) triggered by the latest declarations limit rent increases to no more than 10%, even […]
Setting the correct rental price for your property is an important decision. If it’s too low, you’ll lose out on potential profit. But if it’s too high, you’ll scare potential tenants away. This article from Rentometer gives tips and guidance to set the correct price for your property.
Property Managers — have you given any thought yet to the passage of Prop 64 and what it means for your rental units? Here is an interesting article from the San Diego Union Tribune about the topic. The full article can be read here; below are some highlights. Judging from a host of business and legal sources, it appears landlords can just say no. Or, if they’re so inclined, they […]