Form

Main Content

WE'RE HIRING!

MAINTENANCE COORDINATOR

Full-Time; Competitive Salaries;
Full Benefits include 401K, Insurance.

FOR MORE INFO OR TO APPLY CONTACT:

JACQUELINE(at)SCOTT-PROPERTIES(dotted)COM

WE'RE HIRING!

ACCOUNTS PAYABLE SPECIALIST

Full-Time; Competitive Salaries;
Full Benefits include 401K, Insurance.

FOR MORE INFO OR TO APPLY CONTACT:

JACQUELINE(at)SCOTT-PROPERTIES(dotted)COM

WE'RE HIRING!

PROPERTY SUPERVISOR

Full-Time; Comissions; Competitive Salaries; Benefits include 401K, Insurance

FOR MORE INFO OR TO APPLY CONTACT:

JACQUELINE(at)SCOTT-PROPERTIES(dotted)COM

News and Events

Tenant Relief Act Is Coming To An End. What Are The Ramifications?

via AptMags.com Please join us on Tuesday, January 12, 2021 at 11:00 a.m. to hear from the leading landlord / tenant legal expert, Dennis Block, Esq. DON’T MISS THIS IMPORTANT NEW WEBINAR – THIS IS YOUR CHANCE TO GET YOUR LEGAL QUESTIONS ANSWERED BY CALIFORNIA’S TOP EVICTION ATTORNEY…ALL FOR FREE! Hear Dennis’ insights on what we can expect once Assembly Bill 3088, the state eviction “stop-gap” law expires – what will our State’s Legislature think of next? Learn about when and how you can evict your problem tenants, legal strategies you can deploy today to ensure you collect as much past due rent as possible and KNOW your rights as a rental property owner in today’s “upside down” world. Read More..

Read more

Vacancy Climbs As Rents Fall Across Asset Classes

via GlobeSt.com Apartments, office and retail are all following a similar trend: rising vacancy rates with declining rents. A new report from Moody’s Analytics calls the dynamic “bleak, but not dire,” noting that while most metros are following a similar pattern, most of the declining fundamentals are more moderate than originally expected. Read More..

Read more

What the Stimulus Measure Offers CRE

via GlobeSt.com Finally, finally Congress has passed another stimulus measure, a $900 billion bill that includes several provisions beneficial to commercial real estate and, of course, the larger US economy. CRE Finance Council has provided members with a rundown on the basics contained in the 5,593-page bill, which the White House has said President Trump will sign. Read More..

Read more

L.A. Apartment Rents Fall Nearly 8% During Pandemic

via GlobeSt.com Los Angeles apartment rents have declined 7.5% since February, according to a new report from Apartment List. The downward trend has kept pace with apartment vacancy, which has increased. According to the report, the pre-pandemic vacancy index in Los Angeles was 7.4%, but since has since increased to 7.9%. Los Angeles’ apartment rent loss came slowly and steadily, unlike markets like San Francisco that spiked earlier on in the pandemic. “Our rent index for Los Angeles began trending downward in April and has shown negative month-over-month growth in each month since, so it wouldn’t necessarily say that the market in L.A. was any slower to react than in other parts of the country,” Christopher Salviati, housing economist at Apartment List, tells GlobeSt.com. “Compared to San Francisco, the magnitude of the rent decline in L.A. has been less extreme.” Read More..

Read more

Multifamily Rent Collections Down 24% in December

via GlobeSt.com Apartment rent payments continued to decline in December. As of December 10, rent collections were down 24% from March collections, according to research from Rentec Direct, which aggregates rent collection data to analyze the impact of the pandemic. Rent payments continue to trend well below March collections; however, payments have improved since September 2020, when collections were 35% below March and a record low for the pandemic. In October collections were down 28%, and in November, payments were 27% below March. Read More..

Read more

Renters Assistance is On the Table in Stimulus Talks

via GlobeSt.com A credible proposal for another stimulus measure hit Capitol Hill on Tuesday. There is no guarantee that it will pass and be signed into law and it is light on details but it is the first serious attempt to jumpstart bipartisan talks for further coronavirus relief. A bipartisan group of senators proposed the measure. Worth about $908 billion, the bill seeks to take the middle road between competing proposals that have been introduced in the House of Representatives and the Senate. Read More..

Read more

Employees Increasingly Reluctant to Return to the Office

via GlobeSt.com Office occupancy rates dropped significantly last week, likely due to Thanksgiving. Kastle Systems’ 10-city national average fell to 17.6% — an 8.1% drop from the previous week. Every city measured on the Kastle Back to Work Barometer experienced a decline in occupancy. Since the pandemic, Kastle Systems has been studying keycard, fob and KastlePresence app access data from the 3,600 buildings and 41,000 businesses in 47 states to identify trends in how Americans are returning to the office. Read More..

Read more

Shining a Light on 2020 Tax Planning: The Importance of Year-End Planning

via AptMags.com Shining a Light on 2020 Tax Planning:  The Importance of Year-End Planning The year started as a normal filing season, but with the Coronavirus pandemic, there is now a lot more to consider from a tax planning standpoint. From working at home, to the CARES Act to other legislative issues and of course, this being an election year, you want to make sure to set aside some time with YOUR tax advisor before the end of the year, who will discuss the best tax-saving strategies that fit YOUR situation.  If you have been wondering if a year-end planning session with your accountant is needed soon, well, the short answer: absolutely right now more than ever!  Don’t delay!During this presentation, Tony Watson, an Enrolled Agent from Robert Hall & Associates, will explain to you the tax planning strategies YOU need to employ and the secrets YOU can use to save on YOUR taxes for this year.  Learn about the most often forgotten tax deductions, how to avoid costly tax mistakes, and the leading, “last minute” tax avoidance strategies all in perfectly legal and in compliance with the law.  Whether you are a real estate investor, agent, or lender, you will definitely benefit from this important information to reduce your tax bill and maximize YOUR return on your real estate investments and  potentially save thousands of dollars this year and in the future! Read More..

Read more

Industrial Remains 2020’s Top Performer

via GlobeSt.com While most commercial real estate sectors are suffering from rising vacancies and falling rents during the pandemic, industrial keeps outperforming its peers. Buoyed by continuing strength in e-commerce, the warehouse/distribution vacancy rate was unchanged in the Q3. It posted positive net absorption for the 40th quarter in a row, according to Moody’s Analytics. Read More..

Read more

Let us know how we’re doing, submit a review!

    Required fields are marked *