California lawmakers are considering putting a limit on the amount of security deposit landlords can charge renters, drawing opposition from several of the state’s property owners and realtors’ groups. The legislation has recently crossed a major hurdle on its way to full approval. Assembly members on May 22 advanced Assembly Bill 12, sponsored by Assemblyman…
New California Bill Would Limit Rental Security Deposits to One Month’s Rent
June 1, 2023
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How to Cut Costs by Self-Managing Your Rental Properties
April 20, 2023
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By Dave Spooner Many small to mid-sized landlords want to self-manage their rental properties, and for good reason. Above all, self-managing your properties means more take-home revenue—you won’t have to say goodbye to a large portion of your rental income each month to pay a property manager or company. Another benefit is that you’ll be…
Californians Losing Homes to Eviction Moratorium | Jonathan Madison
“One of my clients, first-generation immigrants from Mexico, come here to have an experience of the American dream. And they find themselves living in an American nightmare, just because a tenant refused to pay the rent, not because they couldn’t afford it.” Siyamak sits down with Jonathan Madison, lead attorney at the Madison Law Firm….
Ontario Announces New Legislation to Build More Homes, Support Renters
The Ontario government introduced new housing legislation on April 6 that it says aims to support renters, strengthen homebuyer protections, reduce the cost of building new homes, and streamline rules around land use planning. “Our goal remains the one that I committed to last summer, which is to get 1.5 million homes built by 2031,”…
Renters Make up Half of Western Sydney’s Marginal Seats
The vast majority of renters in New South Wales (NSW) want minimum energy-efficiency standards and easier access to solar power. A YouGov poll published on Tuesday comes as tenants’ advocates point out 45 percent of voters in the election battleground of western Sydney are renters. When asked if they trusted the coalition or Labor to…
What You Need to Know About the Bill of Rights for Renters
The federal government has taken a step toward providing better protection for renters. President Joe Biden has released a document called a Blueprint for a Renters Bill of Rights. The white paper is merely a proposal that presents some principles, guidelines, and goals that laws in the future might contain to protect renters. In its…
Treasury Department Redeploys $690 Million To Prevent Evictions of Struggling Tenants
The U.S. Department of Treasury has announced the reallocation of $690 million under the Emergency Rental Assistance Program (ERA) to help those facing financial hardship avoid eviction. According to a Treasury Department press release from Jan. 24 they have reallocated more than $3.5 billion for the ERA program and have made more than 8 million…
Ontario Raises Maximum Allowable Rent Increase as Rent Freezes End
TORONTO—Ontario renters may soon be paying more for their accommodations after the province hiked its rent increase guidelines today. The province says it has set its rent increase guideline for 2022 at 1.2 percent. The guideline is the maximum a landlord can increase a tenants’ rent during a year without the approval of the Landlord…
Will California Landlords Survive the Eviction Moratorium?
July 5, 2021
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California small property landlords fear their time is running out after Gov. Gavin Newson extended the state’s eviction moratorium through Sept. 30. When announcing the extended deadline, which was previously set to expire June 30, Newsom said the move was necessary to protect struggling Californians. “California is coming roaring back from the pandemic,” he said in a June…
Biden Administration Extends Eviction Moratorium by ‘One Final Month’
WASHINGTON—The Biden Administration announced on June 24 the extension of the national moratorium on evictions by one more month to support renters and prevent foreclosures. The current moratorium, which was imposed by the CDC in response to hardships caused by the pandemic, was scheduled to expire on June 30. The Centers for Disease Control and…
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