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CALIFORNIA VOTERS REJECTED PROP 10, BUT RENT CONTROL ADVOCATES SAY FIGHT ISN’T OVER

By Dennis Lynch The resounding defeat of Proposition 10 has hardly silenced the debate over solutions to California’s housing crisis. But voters’ rejection of the measure says that rent control probably won’t be part of that discussion right now. On Tuesday, nearly 62 percent of California voters voted against Prop 10, a measure to lift restrictions on rent control measures around the state… Read More If you are a real estate professional interested in featuring an article with Scott Properties Group's readers, please Contact Us.

LOCAL GOVERNMENT UPDATE – NOVEMBER 2018

By Janet Gagnon, Director, Government Affairs and External Relations via AAGLA

Los Angeles County: Rent Freeze - On September 11, 2018, the County of Los Angeles’ Board of Supervisors passed a motion to establish a rent freeze ordinance limiting annual rent increases to no more than 3.0% for LA County’s unincorporated areas. The freeze means that owners would not be able to raise rents by more than… Read More

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Myths vs Facts – What Housing Providers Should Know About Sec 8

Myths vs Facts - What Housing Providers Should Know About Sec 8 By California Association Housing Authorities The Housing Choice Voucher Program (commonly known as Section 8) is a federally funded program providing monthly rental assistance to over two million low-income households renting units in the private market. The rental assistance is provided through a local housing authority. Myths about the Section 8 program continue to prevent section 8 participants from finding ... Read More If you are a real estate professional interested in featuring an article with Scott Properties Group's readers, please Contact Us.

LOCAL GOVERNMENT UPDATE

Local Government Update By Janet Gagnon, Director, Government Affairs and External Relations Tenant Protections Working Group: The Tenant Protection Working Group (Working Group) for Los Angeles County submitted their final report on August 15, 2018 to the LA County Board of Supervisors. These recommendations are applicable only in unincorporated areas of Los Angeles County, and do not apply to any incorporated cities such as Los Angeles, Santa Monica, Pasadena, etc ... Read More If you are a real estate professional interested in featuring an article with Scott Properties Group's readers, please Contact Us.

An Artificial Crisis – Prop 10, Rent Control and the Affordable Housing Lie

An Artificial Crisis - Prop 10, Rent Control and the Affordable Housing Lie By Danielle Elliott California faces disaster in November if voters pass Proposition 10, the Local Rent Control Initiative, which would make rent control possible in all types of housing. Misleadingly named the "Affordable Housing Act, " Proposition 10 is ostensibly designed to combat the soaring cost of rental housing by reversing the 1995 state law, the Costa Hawkins Rental Housing Act … Read More If you are a real estate professional interested in featuring an article with Scott Properties Group's readers, please Contact Us.

OCTOBER 16 – AAR COMMERCIAL REAL ESTATE EXPO

Attendees Register Now for FREE!

Join Scott Properties Group and the Arcadia Association of Realtors (AAR) on OCTOBER 16, 11AM-4PM at the Pasadena Hilton! The event will bring together top commercial real estate professionals for a day of exhibits, education, and networking. GET TICKETS Location: Hilton Pasadena 168 South Los Robles Avenue, Pasadena, California, 91101 TEL: +1-626-577-1000 If you are a real estate professional interested in partnering with Scott Properties Group for an event, please Contact Us.

OCTOBER 25 – AOA TRADE SHOW & LANDLORDING CONFERENCE

Investors, Landlords, Brokers, Agents, and other Real Estate professionals and aficionados, if you're looking for a great networking opportunity, stop by the Apartment Owners Association of California, Inc. AOA Trade Show on OCTOBER 25! FREE ADMISSION! If you know anyone that owns rental property (Multi-family, Office/Retail, or Industrial) and may be interested in learning about property management services, send them over to visit our team at Scott Properties Group, Booth #320. Stop by to learn about our services and take away some freebies! FREE seminars, where you will discover money-making and money-saving ideas, will be presented on OCTOBER 25, 2018 at the Los Angeles Convention Center. LEARN MORE

OCTOBER 12 – REVERSE RETT LA

Reverse Rett LA

Join Scott Properties Group as we support the Rett Syndrome Research Trust on OCTOBER 12, REVERSE RETT LA, at the Fairmont Miramar in Santa Monica. " Imagine your daughter, your sister, your granddaughter living with the symptoms of autism, cerebral palsy, Parkinson’s, epilepsy, and scoliosis all at once. Imagine that she developed normally as a happy little girl until she was two years old. She starts to walk, to say words, to explore the world around her. Then, suddenly, she stops. She loses the ability to balance, to use her hands and to speak. Imagine this bright, beautiful little girl that you love becomes trapped in a body that no longer cooperates. 350,000 girls and women live this tragedy, caused by a random genetic mutation. This is Rett Syndrome and we need your help to cure it ... " Learn More

WHEN FRIDAY OCTOBER 12, 2018 7:00PM WHERE FAIRMONT MIRAMAR HOTEL AND BUNGALOWS 101 WILSHIRE BLVD SANTA MONICA, CA 90401

Damages vs. 'Normal Wear and Tear'

By Patti Widget With permission from AAGLA

Your tenant has vacated your property and you now have 21 days to account to your tenant for the security deposit. The law allows property owners to deduct portions of the security deposit to cover the cost of damages caused by a tenant. Property owners cannot deduct normal wear and tear, or the expected depreciation of a property. For example, if carpeting has been destroyed and it is 8 years old, likely no deduction would be appropriate because the floor coverings were probably due for replacement ... Read More

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Lawsuit filed in Federal Court Against the City of Beverly Hills to Protect Privacy of Tenants and Rental Property Owners by Challenging the City’s Rent Registry.

By Alex Paladin With Permission from AAGLA

Los Angeles, California - August 8, 2018: The Apartment Association of Greater Los Angeles (AAGLA) has filed a lawsuit against the City of Beverly Hills on behalf of the apartment tenants and owners. The lawsuit, filed in Federal Court, seeks relief from the City’s Rent Stabilization Ordinance (RSO) that requires a rental registry, and disclosure of sensitive and confidential data about tenants and their apartments... Learn More