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Proposition 10 California Rent Control Results

by Rick Thornton | Nov 21, 2018 | Investing in Apartments, Legal Update, California, Multi-Family Market, Property Management

Prop 10 – Local Rent Control Initiative Loses 60% to 40% Proposition 10  would have repealed the 1995 Costa -Hawkins Rental Housing Act.  The actual text is here:   Prop 10 Rent Control 2018 Text Costa-Hawkins prohibited rent control on newly construction...

Just Cause Eviction Ordinance in San Diego – 2004

by Rick Thornton | Nov 21, 2018 | Legal Update, California, Property Management

The City of San Diego Seems to have confused the terms “Notice to vacate” with “Eviction”.   An eviction is correctly known as a removal from the property via the legal system ie  the Courts.  A notice to vacate is a request to vacate and is...
Current Market is a Great Time to Trade Up (A look back at 1999)

Current Market is a Great Time to Trade Up (A look back at 1999)

by Rick Thornton | Nov 20, 2018 | Investing in Apartments, Multi-Family Market

In the spring of 1999 I wrote, “The early phase of a bull market in real estate presents a great opportunity to trade your current property up into a property of higher value.” This was and is sound advice. Here we are in 2020 and there are even more great reasons to...

How to Increase Rents Easily

by Rick Thornton | Apr 9, 2018 | Investing in Apartments, Property Management

This article was written in 1999.  I will be updating it this year 2019. Often the most daunting task we face as property managers is increasing rents.  I am not referring to the increases two and three years ago that all owner and managers enacted after the market...
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