News: Sacramento Valley

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For most folks, if they hate their job, or it just doesn’t pay enough, they can always quit. But what if you’re a landlord? It’s not easy, and if San Francisco politicians and at least one tenant advocacy group have their way, landlords will face more hurdles and costs if they try. In their sights is the Ellis Act, which provides limitations on what a local government can require of property owners who wish to end their rental housing business. What you’re unlikely to hear in the media is that the Ellis Act and local ordinances like one in San… Read More

Tagged: Sacramento ValleySan Francisco Apartment Association

SACRAMENTO – Assemblyman Mike Gatto joined the California Apartment Association for dinner Wednesday, Oct. 23, before making a presentation on his political philosophy, the 2013 legislative session and what to expect next year. Gatto, D-Burbank, spoke for about a half-hour during the dinner, held at Mulvaney’s B&L in Midtown on the eve of the CAA Board of Directors Meeting. An apartment owner himself in Southern California, Gatto shared one litmus test he uses to evaluate legislation. “If there’s ever a bill that really, really hurts one person, chances are it’s not a good piece of legislation,” he said. Gatto also… Read More

Tagged: Sacramento Valley

The Rental Housing Association of Sacramento Valley presents its 16th annual educational conference and trade show Thursday, Sept. 19, at the Cal Expo Fairgrounds in Sacramento. More than 1,000 industry professionals will have fun while learning, thanks to the “Game On!” theme incorporated into exhibits and programs. Industry professionals give the annual Rental Housing Expo rave reviews for combining top quality education with great entertainment. Expect the same level of enthusiasm with this year’s “Game On!” theme. Tradeshow exhibits will feature board games, sports, video games, casino gaming, and TV game shows. Training is available for every employee, from leasing… Read More

Tagged: Sacramento Valley

The Sacramento City Council has unanimously approved major changes to its rental-inspection ordinance and fee schedule – a move that could save qualifying landlords thousands of dollars annually. The 7-0 vote Tuesday ends a five-year battle over reforming the program, which will now allow self-certification of rental properties when a previous city inspection found no violations, or violations were corrected on time, and all fees are current. The change will result in a 43 percent reduction in the inspection fee and save rental owners in the city $1.1 million annually. “At a time when local governments around the state are… Read More

Tagged: Sacramento Valley

RHA Sacramento Valley helped a large property management company avoid $55,000 in fines from the city of Rancho Cordova. The company, a member of RHA, originally faced more than $60,000 in administrative fines, fees and penalties. They stemmed from code enforcement violations that occurred before the company took over a troubled property. RHA arranged a meeting between the city and the member company to educate local officials about the time needed for the company to take over the problematic property — and highlighted the company’s commitment to the community. This includes investments in the property exceeding $40,000. In the end,… Read More

Tagged: Sacramento Valley