With the eviction moratorium set to expire on September 2nd, California lawmakers have been working hard over the last week to pass a new eviction ban. They accomplished their goal last night by approving AB 3088, a new eviction ban which will postpone evictions for tenants...
September 1st is a few days away and with the start of September will also come to the end of the eviction moratorium that’s been in place since the start of the Pandemic. At the beginning of August, the eviction moratorium was expected to end on...
The California Eviction Moratorium was extended again last month, this time until September 30th, but that hasn’t stopped a California Supreme Court Chief Justice from targeting it to end the Eviction Moratorium as early as this month. Chief Justice Cantil-Sakauye recently gave landlords in California hope...
It’s July 2020 and the eviction moratorium in California has been extended until September 30th, in the hopes that this will keep thousands of renters who are unable to pay their rents off the streets. Sadly, even though much has been documented about the plight of...
July 2020 is here and the California Eviction Moratorium is stretching into its 4th month as the state continues to struggle with Covid-19. With much of the state unemployed, or dealing with the economic fallout of Coronavirus, it was only a matter of time until Governor...
California landlords received good news recently when it was revealed that Doug Michie, a Ventura based landlord, filed a complaint in California’s 3rd District Court that will effectively end the State of California’s eviction moratorium on July 28th, 2020. Although he is a lawyer, Michie filed...
With the United States economy now officially in recession, we may see more distressed properties and foreclosures come to market in the next 90 to 120 days. This is to be expected because Coronavirus has been responsible for many renters losing their jobs and that of...
The battle over rent control in California continues, even though AB 1482 became law in January 2020, capping rent increases at 5 percent per year plus local inflation. Lawmakers in California continue to push for more rent control following Covid-19 and the changes that it’s brought...
What is the Rental Affordability Act? It’s the latest attempt by California lawmakers to end Costa Hawkins, the 1995 housing act, that places limits on rent control in California. With this new effort to “protect renters”, the Rental Affordability Act seeks to expand rent control in...
In our last blog post, we offered you a variety of “best practices” for managing your multifamily investment property in Los Angeles during the COVID-19 pandemic. Since the pandemic continues to persist in Southern California, and COVID-19 has affected the multifamily investment market, we’re going to...