Next door American Canyon is looking to change its rent control. Solano County property managers and owners are not happy with the idea of having Solano rent control. Will rent control winds from American Canyon, Concord, Berkeley, San Francisco and other nearby cities blow into Solano County?
The proposed American Canyon rent stabilization ordinance is based on Concord rent control laws. American Canyon's rent control proposed ordinance is 31 pages. American Canyon tenants aren't happy with the ordinance as they believe it will cause rent price increases faster than it would happen otherwise.
Past attempts to start Solano County rent control never got anywhere. We predict that Solano rent control won't be here for some time, if ever in the near future.
http://www.timesheraldonline.com/ci_16740769
Tuesday, November 30, 2010
Rent Control Proposal For Next Door American Canyon
American Canyon is looking to change its rent control. Solano property managers and owners are not happy with the idea of having Solano rent control. Will rent control winds from American Canyon, Concord, Berkeley, San Francisco and other nearby cities blow into Solano County?
The proposed American Canyon rent stabilization ordinance is based on Concord rent control laws.
American Canyon's rent control proposed ordinance is 31 pages. American Canyon tenants aren't happy with the ordinance as they believe it will cause rent price increases faster than it would happen otherwise.
http://www.timesheraldonline.com/ci_16740769
The proposed American Canyon rent stabilization ordinance is based on Concord rent control laws.
American Canyon's rent control proposed ordinance is 31 pages. American Canyon tenants aren't happy with the ordinance as they believe it will cause rent price increases faster than it would happen otherwise.
http://www.timesheraldonline.com/ci_16740769
Sunday, November 28, 2010
NAR Forecasts Flat Home Values In 2011
National Association of Realtors (NAR) is forecasting US home values will increase in 2011 by 0.7%.
The association's home page is www.realtor.org
The association's home page is www.realtor.org
Apartment Rental Markets Improving
America's property management industry has noticed a rise in demand for rental properties. More people are walking away from their homes in foreclosures and are looking for rental properties.
For example, things in Texas appear to be looking a bit rosy. Here's an example of what's happening in one part of our country. It looks like Solano County's economy is slowly on its mend as well, if not as fast as the Texas economy might be. Here's a closer look at what's happening in the Texas apartment rental market today.
http://www.propertymanager.com/2010/11/apartment-markets-rebound-in-texas/
For example, things in Texas appear to be looking a bit rosy. Here's an example of what's happening in one part of our country. It looks like Solano County's economy is slowly on its mend as well, if not as fast as the Texas economy might be. Here's a closer look at what's happening in the Texas apartment rental market today.
http://www.propertymanager.com/2010/11/apartment-markets-rebound-in-texas/
New Software Tool For Solano Property Management Companies
There's a great new tool developed by San Francisco property management software gurus. The nominal fee based service improves the Solano property management company's efficiency. Greater efficiency means less management costs.
The product is called RentJuice. It will do things like:
• automatically post your Solano rental listings onto 30 different sites. These rental listing sites include Trulia.com, PadMapper.com, HotPads.com, Oodle.com and the most important site CraigsList.org.
• The other services are useful but appear readily available from existing resources.
The product is called RentJuice. It will do things like:
• automatically post your Solano rental listings onto 30 different sites. These rental listing sites include Trulia.com, PadMapper.com, HotPads.com, Oodle.com and the most important site CraigsList.org.
• The other services are useful but appear readily available from existing resources.
Sunday, November 21, 2010
Tips On Boosting Your Solano Rental Property's Curb Appeal
Five Tips On Boosting Your Solano County Rental Property's Curb Appeal
Give your Solano County rental properties something potential residents will want to see what’s on the inside. Do you own a Solano house rental or other rental property with five or less units? Check out this article for Solano property managers.
http://www.propertymanager.com/2010/11/five-easy-ways-to-give-your-rentals-more-curb-appeal/
Give your Solano County rental properties something potential residents will want to see what’s on the inside. Do you own a Solano house rental or other rental property with five or less units? Check out this article for Solano property managers.
http://www.propertymanager.com/2010/11/five-easy-ways-to-give-your-rentals-more-curb-appeal/
Monday, November 8, 2010
What Are Tenants Looking For In Solano Apartment Rentals?
What Are Tenants Looking Expecting For Solano Apartment Rentals?
Here's an interesting Solano Apartment Rentals link on what some of the sophisticated Solano renters might be looking for.
http://allswagga.com/blog/2010/05/19/75-questions-to-ask-before-renting-an-apartment/
Here's an interesting Solano Apartment Rentals link on what some of the sophisticated Solano renters might be looking for.
http://allswagga.com/blog/2010/05/19/75-questions-to-ask-before-renting-an-apartment/
Are Your Solano Rentals Price Competitive?
What are today's Solano rental rates? They've dropped but are doing better because everyone needs a place to live even if they are giving up their homes. Tenants however are often doubling up into single housing units reducing demand. Yet this is largely balanced by the great number of vacant homes in foreclosure.
This link works for houses and apartments - though the link mentions apartments. http://www.rentometer.com/
While this is not the only way to measure how competitive your Solano rental rates are, it's one perspective. A qaulified property manager can give you more accurate pricing for today, and how they forecast future Solano rent rates.
This good link also applies to home rentals in Contra Costa County, Dixon, Fairfield or Napa. It also helps Roseville, Sacramento, San Francisco, Silicon Valley, Sonoma, Vacaville, Vallejo, and Winters real estate property managers calculate rent rates.
This link works for houses and apartments - though the link mentions apartments. http://www.rentometer.com/
While this is not the only way to measure how competitive your Solano rental rates are, it's one perspective. A qaulified property manager can give you more accurate pricing for today, and how they forecast future Solano rent rates.
This good link also applies to home rentals in Contra Costa County, Dixon, Fairfield or Napa. It also helps Roseville, Sacramento, San Francisco, Silicon Valley, Sonoma, Vacaville, Vallejo, and Winters real estate property managers calculate rent rates.
A Trend In Solano Tenants Seeking Smaller Houses?
Will There Be A Strong Trend In Solano Tenants Seeking Smaller Houses? Here is one article fueling the Solano tenants movement. Naturally there are other factors influencing the desire for bigger Solano houses such as saving money when more people move into your rented house so the tenants can save on their rent.
http://www.thesimpledollar.com/2008/11/13/some-thoughts-on-the-small-house-movement-is-it-something-worth-considering/
http://www.thesimpledollar.com/2008/11/13/some-thoughts-on-the-small-house-movement-is-it-something-worth-considering/
Sunday, November 7, 2010
How To Hire A Solano Property Manager
Want To Know More About Hiring A Solano Property Manager?
http://www.biggerpockets.com/renewsblog/2010/10/13/hire-manage-property-management-rental-property/comment-page-1/
Be smart.
http://www.biggerpockets.com/renewsblog/2010/10/13/hire-manage-property-management-rental-property/comment-page-1/
Be smart.
New Book On Living In Condo or HOA
Those interested in Solano Property Management might find this book interesting.
http://blogs.sun-sentinel.com/condoblog/2009/08/new-book-released-on-condo-coop-and-hoa-living.html
http://blogs.sun-sentinel.com/condoblog/2009/08/new-book-released-on-condo-coop-and-hoa-living.html
Friday, November 5, 2010
Property Managers Given New Option For Running Fairfield Motels
City of Fairfield is trying to change how Fairfield motels will be managed. Currently visitors can stay up to 30 days. Now the city wants to change the property management role so the owners will be managing rentals where tenants can stay over 30 days. Details in the Fairfield newspaper.
Tuesday, November 2, 2010
Solano Property Management Workshop
Solano Community College is hosting a residential property management workshop 6 to 9 p.m.
The three-hour workshop shows how to purchase Solano rental properties that will need a Solano property manager unless you know how to really do it yourself. In reality, it takes decades of experience to watch out for all the things that can go wrong. And taking this community workshop can't hurt.
To register, call 864-7115 or visit http://www.solano.edu.
Monday, November 1, 2010
Fairfield Gateway Promise Broken
The broken Fairfield Gateway promise has hurt Solano property investors.
What can Solano real estate investors believe if a Solano city promises to improve an area? City redevelopment boosts property values, hence induces people to invest. But if the city doesn't keep its promise one can lose millions of dollars. A local case in point follows.
The city of Fairfield promised investors on its main street, West Texas Street that Fairfield would follow up with redeveloping the city's main gateway. But the money disappeared long before the recession hit. Current city excuses about the governor taking away money and the recession don't stand up.
Meanwhile Solano County did their part and built the wonderful new county capital building. It was meant to be the main attraction for drivers going through West Texas Street. The Solano board of supervisors did a great job.
Today there's an interested construction company buyer wishing to purchase an important building in downtown Fairfield. The three-year old Art Explosion - an art gallery and studio space there was using it until a buyer was found.
The Fairfield real estate property buyer wants to tap into all the Fairfield traffic coming through West Texas Street leading into the new Solano County capital building. The key concern is will Fairfield city keep it's promise to redevelop the city's main gateway in 2000?
Where did the money for fixing West Texas Street go before the recession hit? More people will spend money in downtown Fairfield, creating more job openings when the city follows through its promise to quickly redevelop the street. Construction was to start in 2000 or so. It's a win-win for everyone. There is much more on this interesting story in this blogs other articles at www.FixFairfield.org.
So Solano real estate investors should be careful. There's plenty of back stabbing and other unsavory activity that goes on with some parts of local government. But there are many good election candidates that would never break an agreement like the Fairfield Gateway Promise.
What can Solano real estate investors believe if a Solano city promises to improve an area? City redevelopment boosts property values, hence induces people to invest. But if the city doesn't keep its promise one can lose millions of dollars. A local case in point follows.
The city of Fairfield promised investors on its main street, West Texas Street that Fairfield would follow up with redeveloping the city's main gateway. But the money disappeared long before the recession hit. Current city excuses about the governor taking away money and the recession don't stand up.
Meanwhile Solano County did their part and built the wonderful new county capital building. It was meant to be the main attraction for drivers going through West Texas Street. The Solano board of supervisors did a great job.
Today there's an interested construction company buyer wishing to purchase an important building in downtown Fairfield. The three-year old Art Explosion - an art gallery and studio space there was using it until a buyer was found.
The Fairfield real estate property buyer wants to tap into all the Fairfield traffic coming through West Texas Street leading into the new Solano County capital building. The key concern is will Fairfield city keep it's promise to redevelop the city's main gateway in 2000?
Where did the money for fixing West Texas Street go before the recession hit? More people will spend money in downtown Fairfield, creating more job openings when the city follows through its promise to quickly redevelop the street. Construction was to start in 2000 or so. It's a win-win for everyone. There is much more on this interesting story in this blogs other articles at www.FixFairfield.org.
So Solano real estate investors should be careful. There's plenty of back stabbing and other unsavory activity that goes on with some parts of local government. But there are many good election candidates that would never break an agreement like the Fairfield Gateway Promise.
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