As the pandemic continues with the current housing shortage, major real estate companies such as LennarCorp. are making their way into the single-family rental market.
[Read more…]Online Payments Increase Likelihood of Rent Collections
“The number of rent payments received by landlords and property managers nationwide has been declining as tenants across the country continue to struggle to pay rent. However, it is clear that online rent payment options have increased the likelihood of tenants paying rent on time”, said Rentec Direct.
[Read more…]California COVID Eviction Moratorium Extended Through June 30, 2021
On Friday, January 29, 2021, Governor Gavin Newsom signed legislation SB-91 which extends the eviction moratorium that was originally set to expire on January 31, 2021. The new expiration date for the moratorium is now June 30, 2021. This brings a new set of requirements to property owners and renters facing eviction.
[Read more…]Building an Accessory Dwelling Unit (ADU) in 2021
With the current housing shortage in California, the state has released a new set of laws that have made it easier to build an ADU (Accessory Dwelling Unit). Many property owners have begun building ADUs as it brings forward another stream of income.
[Read more…]Single-Family Homes Sell Faster and at Higher Prices Than Condos
According to a Redfin analysis, single-family homes sold at an average price point 17.3% higher than the average condo. That is a $58,000 difference in price.
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