The Oakland City Council approved a proposal on April 18 that will end Oakland’s COVID-19 eviction moratorium on July 15. The moratorium was put in place in March 2020 and protected tenants from evictions due to COVID-related rent debt. With the end of the moratorium, Oakland landlords will regain the power to evict tenants if…
How to Set a Fair Rent Price for Your Properties
By Dave Spooner Renting at below-market rates is a common problem among new real estate investors. How do you know what constitutes a fair rent rate? And what if that rate leads to vacancies or losses? Setting the right rent rate is a skill that requires practice. There are many things to consider in your…
Should I Buy a Cottage With Friends or Family?
As cottage season dawns, the prospect of joint ownership with family or friends grows anew for many Canadians, budding perennially like a lakeside plant. Smaller down payments, lower risks and shared experiences all mark the promise of a property partnership with pals and loved ones. But experts warn that a range of issues need consideration…
AG Bonta: 1.5 Million California Renters at Risk of Eviction
July 22, 2022
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As many as 1.5 million renters in California are facing eviction and continue to struggle paying rent after many COVID-19 rent moratoriums ended, according to state Attorney General Rob Bonta. Bonta’s office has issued guidelines asking law enforcement across the state not to respond to illegal attempts to remove non-paying tenants (pdf). “Nearly 1.5 million…
Los Angeles Moves to Prohibit Landlords From Inquiring Tenants’ Eviction, Criminal Histories
March 9, 2022
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LOS ANGELES—Los Angeles introduced on March 9 several motions to prohibit landlords from inquiring about a prospective tenant’s credit, eviction, or criminal histories, and require them to disclose in writing how they select tenants. The legislative package—containing three motions—was introduced by Councilmen Mike Bonin and Marqueece Harris-Dawson and Councilwoman Nithya Raman, who said it would help…
Consequences of the Eviction Moratorium | Jonathan Madison
The eviction moratorium put forth in March of 2020 could be coming to an end come Oct. 1. Despite the continuing COVID-19-related issues California residents are experiencing, help from such laws may no longer be available. My guest is Jonathon Madison, lead attorney at the Madison Firm and opinion contributor to newspapers like the San…
New Jersey Congressional Delegation Wants Murphy to Dole out More Federal Money to Tenants and Landlords
Democratic congressional representatives want New Jersey Gov. Phil Murphy to give more federal money to help struggling tenants and landlords. The state Department of Community Affairs (DCA) says it has already allocated about 60 percent of the first portion of $353 million in federal Emergency Rental Assistance Program (ERAP) funds allocated to the state. States…
California Landlords Call for End to Eviction Moratorium
June 17, 2021
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Some California landlords are pleading with state and local governments to end the eviction moratorium on rental properties as planned June 30, rather than extending it. Dan Faller, founder and chairman of the Apartment Owners Association of California, said some residents have been taking advantage of the moratorium. “They’re stealing from apartment owners, and it’s…
LA Landlords Aren’t Lowering Office Rents— But That Could Soon Change
March 29, 2021
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Commentary Los Angeles-area office building landlords could be the only ones in the country increasing rent during the ongoing pandemic. Rental rates in the city were up 1.2 percent year-over-year, according to Colliers’ fourth-quarter 2020 office market snapshot. (Los Angeles landlords charged an average of $49.55 per square foot during fourth-quarter 2020, compared with $48.95…
Anaheim Considers Rental Forgiveness Program for Tenants and Landlords
February 15, 2021
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The City of Anaheim is proposing a local rental assistance program for landlords to receive 80 percent of unpaid rent for up to a year, if they agree to waive the remaining 20 percent and not pursue evictions. The rental assistance will provide coverage from April 2020 through March. The rent subsidy program was created for landlords who “are having a hard…
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