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Meth-lab type explosions occur while making pot-based product The rental housing industry is seeing an explosion in marijuana use — literally. Property damage and personal injury reports have been rising as more drug manufacturers use butane to extract and concentrate compounds from marijuana. The end product is a clear, golden brown cannabis derivative known by different names, such as hash oil, dabs, shatter, wax, milk, ear wax, honey, snake tails, or butane hash oil. In the central San Joaquin Valley it is often called “honey oil.” In 2014, there already have been several reported cases of explosions in the Fresno… Read More

Tagged: Greater Fresno

The city of Anaheim on Tuesday unanimously approved a self-inspection program for multi-family housing, allowing property managers to examine apartments themselves — without paying inspection fees. This represents a big improvement over Anaheim’s original proposal to charge property owners $16 per unit for city officials to handle the inspections. After learning of this proposal last year, the California Apartment Association immediately began negotiations with the city. Over a nine-month period, CAA’s South Coast/Orange County division successfully eliminated the fee and created the self-inspection program.  To show further support of CAA, the Anaheim City Council amended the ordinance during Tuesday’s meeting… Read More

Tagged: Orange County

In his housing predictions for 2014, Trulia’s chief economist forecasts declining supply and demand for single-family rentals and the opposite for multifamily rentals in urban areas. “Ironically, economic recovery means that the overall homeownership rate will probably decline, as some young adults form their own households as renters,” writes Jed Kolko on the Trulia blog. “Still, the shift in rental activity from suburban single-family to urban apartments would be yet another sign of housing recovery.”

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Question: What are we allowed, by law, to charge a tenant as a security deposit? Answer: You are allowed to charge up to twice the amount of the monthly rent as a security deposit, so if the rent is $1,000, you can charge up to $2,000 for your deposit. If the property is furnished, you can charge three times the amount of the rent. Question: We have added a number of clauses to our Rules & Regulations Addendum and wish to have our tenants sign the new form, as well as signing the CAA addendum about mold. Answer: If you… Read More

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Make a difference and support CAA Tri-County’s 24th Annual Charity Golf Tournament. Proceeds benefit the Housing Industry Foundation in its mission to prevent homelessness. Showcase your company as an industry leader and sign up today to sponsor and/or play at this sell-out event that draws more than 200 high-level rental industry executives. If you do not wish to golf, attend the exciting post-tournament networking reception/auction.  Sponsors must be CAA Tri-County members in good standing through July 31 to participate. To attend What: CAA Tri-County’s 24th Annual Charity Golf Tournament When: Monday, July 15, 2013 Where: Los Altos Golf & Country… Read More

Tagged: Tri-County