New Bed Bug Notification Laws

As you may have heard, there is a new state law for bed bugs (Civil Code Sec. 1954.603) that requires giving notice to both new and existing tenants. Prospective tenants must be given the notice by this July 1, and existing tenants must be given the notice by January 2018. While the bed bug addendum… Read More

Action Required: Write Your State Assemblymen to Stop AB1506

Greetings! Lawmakers have introduced a bill to repeal the Costa-Hawkins Rental Housing Act, landmark legislation that exempts new construction and single-family homes from local rent control laws. AB 1506 was introduced Friday, Feb. 17, the last day to propose bills in the 2017 California Legislature. Assemblymen Richard Bloom, D-Santa Monica; Rob Bonta, D-Oakland; and David Chiu, D-San… Read More

No on Prop. G

With election day around the corner, politicians are finalizing legislation for the ballot. One proposition that affects real estate investors is Prop G. Prop. G imposes a 14 – 24% tax on residential properties with 2 – 30 units, including single-family homes with in-law units, if they are sold within five years of ownership. The tax… Read More