News: Orange CountyFilter
The California Apartment Association is pleased to announce the hiring of government-affairs veteran Tommy Thompson as the South Coast Division’s new executive director. Thompson, who joined CAA earlier this month, assumes responsibility for all CAA operations within the South Coast region, which includes Orange County and the cities of Long Beach and Signal Hill. While Thompson’s duties are wide-reaching, he’ll mainly focus on advocating for the rental housing industry within the halls of local government. No stranger to the nexus between public policy and business, Thompson’s most recent job included six years as director of government affairs for the Building… Read More
Renting out properties as vacation homes can make plenty of money for owners. An article by the Orange County Register tells the lucrative tale of real estate broker Barbara O’Hara Hamilton. Hamilton rents out a duplex in the Newport Beach area on a weekly basis, the article says, and can rake in nearly $7,000 monthly — roughly four times the monthly income when the unit rented annually. The article also offers tips on preparing a unit for vacation rental, from getting the proper license to stocking the shelves.