New 2016 Requirement for Landlord and Property Managers

Beginning June 2016 BAAQMD otherwise known as the Bay Area Air Quality Management District now require Hayward property owners including landlord and Hayward Property Management Companies to include special verbiage in all newly written leases for any property with a fire place aka wood burning device. These wood burning devises can mean any device that provides heat for a home such as a fireplace or wood heater that is permanently part of the residential unit. Hayward property owners can be assured that ACL Property Management now places this required verbiage is included in all new leases signed after June 2016.
Read More →

Property Management Trends to Look for in 2014

With rental rates continuing to be high in San Francisco, landlords, tenants, home sellers and buyers will all need help in locating the best deals. While 2013 turned out to be a great year for property managers and home owners alike, 2014 has brought in concerns regarding housing affordability.    What’s New in Property Management in San Francisco? Statistics published recently by the National Association of Realtors shows that 2014 might favor home buyers more than sellers. Home prices surged across the nation in 2013. However, current figures suggest that the price rise will be less steep in 2014, with inventory becoming available, especially in San Francisco during the year. On the other hand, mortgage prices are up, even for people with good credit histories. This has followed...
Read More →

The US Housing Market Reels Under Rising Mortgage Rates

Just when economists were projecting record annual sales for the US housing market, changes in the mortgage rates have sent it on a downward spiral. Both sales and applications for home mortgage have seen a decline since the week of April 14, 2014. According to Reuters, both refinancing and purchase mortgage applications in the United States dropped during the week of April 14, 2014.[1] In a statement, the Mortgage Bankers Association (MBA) reported that its seasonally adjusted index of mortgage applications for both home purchase and refinancing, fell 3.3% for the week ended April 18. While refinancing mortgage applications dipped 3.7%, home purchase loan applications fell 2.6%.[2] Here’s a look at what experts believe we should expect in terms of mortgage rates by the end of 2104:  ...
Read More →

Make Life as a Landlord Easy by Choosing the Right East Bay Property Manager

As a landlord, one of the most important decisions you need is make is whether you want to hire the services of a property management company. Life can be very different when you have somebody else doing all the dirty work for you! Yes, the services of a property manager will mean some monetary investment but what you need to weigh is whether you are getting value for your money. The key is ensuring that the property management services provider offers the whole range of services. While most property managers are keen to screen tenants and negotiate deals, many are uncomfortable with performing the more difficult jobs. Here’s a look at some of the services that you should check for before making a final choice of property manager in the East Bay and Peninsular regions. How to Choose...
Read More →