News: Posts by Mike Nemeth

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Ever scratch your head and wonder: Where’d the money go? Without a budget, it’s bound to happen. And to succeed in the rental housing business, you can’t be foggy with the numbers. The California Apartment Association will help build your accounting acumen its next webinar, “Budget Development & Implementation.” The course will cover the benefits of a budget, how to develop one, and resources needed. Students will learn about various types of budgets, the difference between operating and capital expenses, and as well as software and templates. Learn how to: Evaluate a general ledger Calculate vacancy-and-rent losses Read a profit-and-loss… Read More

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Although untidy, the used mattresses strewn in front of the Capitol earlier this month sent a rather neat message: It’s time to put a tired old eyesore to bed. The California Apartment Association, lawmakers and other stakeholders spoke in support of Senate Bill 254, which targets abandoned mattresses left in vacated apartments, dumped on the side of the road or other places that beds don’t belong. SB 254, now on the governor’s desk, would create a nonprofit mattress-recycling organization to make sure discarded mattresses are collected, dismantled and recycled for new products. Debra Carlton, senior vice president of public affairs… Read More

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The Blackhawk Auto Museum provided a timeless backdrop for photos at the 10th annual Greater East Bay GEMM Awards.

Tagged: Contra CostaSolanoRental Housing Assn. of Southern Alameda

The California Apartment Association wishes to thank the panel of multifamily housing experts who provided an economic forecast in Los Angeles. As multiple economic reports indicate, the California rental housing industry is on an upswing, recovering from the economic downturn at a faster rate than most others. During CAA-LA’s 2013 Multi-Family Economic Forecast on Aug. 13, the following panelists discussed what this means for Los Angeles: Jack Dickens, senior vice president, property management – Equity Residential Randall Caraway, vice president, property operations – AvalonBay Communities Guest speakers: Ridley Heller, market analyst; and Jay Parsons, national market analysis manager, – MPF… Read More

Tagged: Los Angeles

Following a fire last month in Redwood City, Equity Residential worked with housing officials to make roughly two dozen rental units available to those displaced by the blaze. Read this San Jose Mercury News story to find out more about how Equity helped the fire victims. Equity is a member of CAA’s Tri-County Division, which immediately worked with Redwood City government to find housing options for tenants forced out by the fire. For its part, Equity helped get fire victims moved into its Woodland Park community in East Palo Alto. CAA members have also helped fire victims elsewhere in the… Read More

Tagged: Greater Inland Empire

If your rental property has a master meter for power and gas, you’ve probably posted those lengthy utility rate schedules for your tenants to review. A bill on the governor’s desk would allow for a more convenient alternative. Senate Bill 196 by Anthony Canella, R-Ceres, would allow a landlord to post an Internet address where tenants can obtain a utility company’s rate schedule, instead of the current requirement that the rate schedule, in its entirety, be posted in a conspicuous place. Posting an Internet address takes up less space, time and money than posting the prevailing rate as published by… Read More

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The East Bay CAA Network held the 10th Annual GEMM Awards on Aug. 22, showcasing the “Best of the Best” in the region’s rental housing industry. This year’s winners are all prime examples of professionals who have a real passion for excellence and customer service. Check here to see a slide show of the winners.

Tagged: Rental Housing Assn. of Southern Alameda

This fall, CAA’s Southern California Rental Housing Expo 2013 will bring 130 vendor booths, tremendous networking opportunities and a slate of high-interest seminars to Pomona. The 10 courses cover all aspects of the rental housing business, from bed bugs to evictions, and will be taught by some of the industry’s best trainers. Each class qualifies students for one hour of CCRM continuing-education credits. The Expo is Oct. 29 at the Pomona Fairplex & Sheraton Conference Center, 601 W. McKinley Ave.

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In a victory for landlords, a parcel tax for Davis schools will apply to apartment buildings the same way it does to other types of property, the Fresno Bee reported. Property in Davis — including multifamily housing – will now be assessed at $204 per parcel under the voter-approved Measure E tax for schools. The Davis Joint Unified School District board voted last week to scrap the multifamily component of the tax, which assessed apartment buildings at $20 per unit.  That would come to $1,000 for an apartment building with 50 units. With the change, landlords face a $204-per-parcel charge,… Read More

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The California Apartment Association is delighted to unveil its new website. With its streamlined pages and intuitive search tools, navigating CAAnet.org is a snap. Click the dropdown menus and links on the sides to quickly access legal information, rental housing forms and other vital tools. When you have a few minutes, explore the beefed-up news pages, the blog and content-rich portals for CAA’s local associations. Check back for frequent updates. CAA’s digital team is here to save you time, spare you frustration and improve your online experience. We’d love to hear your thoughts. Email Mike Nemeth, strategic communications manager, at… Read More

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