Property Management Blog

Blog Post Why You Should Vote No on California Proposition 33, Prohibit State Limitations on Local Rent Control Initiative (2024)
By Legacy Property Management - Thursday, October 24, 2024

Why You Should Vote No on California Proposition 33, Prohibit State Limitations on Local Rent Contro...

As Californians prepare to vote on various propositions in the 2024 election, one measure that is drawing significant attention is Proposition 33, which aims to overturn more than 100 state housing laws and weaken the strongest statewide rent stability law in the nation. This wo...
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Blog Post How Rent Control Measures Like Prop 33 Harm California’s Housing Supply
By Legacy Property Management - Wednesday, October 16, 2024

How Rent Control Measures Like Prop 33 Harm California’s Housing Supply

Rent control has been a heavily debated topic in California for decades, and with Proposition 33 on the ballot this November, the debate is more critical than ever. While rent control is often seen as a short-term solution to skyrocketing rents, it brings with it long-term conse...
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Blog Post How Prop 33 Will Impact Property Owners in California
By Legacy Property Management - Thursday, October 10, 2024

How Prop 33 Will Impact Property Owners in California

As we continue to explore the potential consequences of Proposition 33, it’s essential to understand exactly how this measure will affect property owners across California. Whether you own a single-family home, a multi-family apartment building, or you’re an investor in the ...
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Blog Post What is Prop 33 and Why It’s a Threat to California’s Rental Housing Market
By Legacy Property Management - Thursday, October 3, 2024

What is Prop 33 and Why It’s a Threat to California’s Rental Housing Market

As California voters head to the polls in November 2024, one of the most significant measures on the ballot is Proposition 33. This controversial proposition aims to repeal the Costa-Hawkins Rental Housing Act, a state law that has provided vital protections against extreme rent...
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Blog Post Our Experience at the NARPM Residential Property Management Expo 2024
By Legacy Property Management - Wednesday, October 2, 2024

Our Experience at the NARPM Residential Property Management Expo 2024

On Thursday, September 26, 2024, the team at Real Property Management Select had the pleasure of attending the National Association of Residential Property Managers (NARPM) Residential Property Management Expo 2024 at the Citrus Heights Community Center. This event, hosted by NA...
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Blog Post Sacramento Multifamily Market Report – September 2024
By Legacy Property Management - Wednesday, September 25, 2024

Sacramento Multifamily Market Report – September 2024

Despite economic fluctuations, Sacramento’s multifamily market has demonstrated resilience in 2024. The California capital has experienced a mixed but stable performance, with both positive and negative trends influencing the multifamily housing sector. However, the region rem...
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Blog Post California Rental Laws Changed in 2024: What Landlords Need To Know
By Legacy Property Management - Thursday, September 19, 2024

California Rental Laws Changed in 2024: What Landlords Need To Know

The office of California Governor Gavin Newsom signed 56 housing bills into law in 2023, many of which have significant impacts on rental property owners. These laws, coming into effect throughout 2024, introduce changes that will affect how landlords manage their properties and...
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Blog Post New Bill Requires Landlords to Report On-Time Rent Payments to Credit Bureaus
By Legacy Property Management - Thursday, September 12, 2024

New Bill Requires Landlords to Report On-Time Rent Payments to Credit Bureaus

In Sacramento, renters may soon see a positive change in their credit scores, thanks to Assembly Bill 2747. Proposed by Assemblymember Matt Haney (D-San Francisco), the bill has passed through the California State Legislature and is now on its way to Governor Gavin Newsom’s de...
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Blog Post Understanding Key Property Management Terms with Natalie from Real Property Management Select
By Legacy Property Management - Thursday, September 5, 2024

Understanding Key Property Management Terms with Natalie from Real Property Management Select

At Real Property Management Select, we strive to make property management simple and clear. Our very own Natalie has taken a creative approach to explain common property management and real estate terms through an interactive video, where she pulls cards with key terms and break...
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Blog Post Realtor Commission Changes: What Homebuyers and Sellers Need to Know
By Legacy Property Management - Thursday, August 22, 2024

Realtor Commission Changes: What Homebuyers and Sellers Need to Know

As of August 17, 2024, the real estate industry in the U.S. is undergoing significant changes due to a legal settlement involving the National Association of Realtors (NAR). The lawsuit, which accused real estate agents of price fixing to maintain high commissions, has resulted ...
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