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TRUE TRANSPARENCY IN PROPERTY MANAGEMENT

True Transparency. It’s the foundation of trust. It’s in everything we do. Landlords can easily verify with 24-hour access to your landlord portal. See your True Income and Expenses. Your True Reports and Statements are available with the click of a mouse because trust is earned through True Transparency. SEE TRUE PROPERTY MANAGEMENT @ TRUE True Orange County Property Management – We currently manage properties all across Orange County California. From the beaches of Newport and Huntington Beach to Costa Mesa, Irvine, Orange, Santa Ana, Tustin, Mission Viejo, and everywhere in between. Our tremendous success is the direct result of landlords like yourself leaving your current management for someone you can trust like True Property Management. Virtually all of our clients were once with another management company. We know and understand your pain because we interview each of our landlords to access and understand your needs and guard you against what you don’t need. ORANGE COUNTY REAL ESTATE NEWS MORE True Property Management Rental Analysis Free.October 13, 2020True Property Management Rental Analysis Did you know 70% of landlords charge their tenants BELOW market value?! 9 times out of 10 we bring you a HIGHMORE TRUE PROPERTY MANAGEMENT MARKETING, TRULY AMAZING.October 13, 2020True Property Marketing. True Property Management is comprised of licensed luxury real estate agents with extensive luxury marketing experience who wiMORE When all you need is Trust…October 09, 2020True Transparency. It’s the foundation of trust. It’s in everything we do. Landlords can easily verify with 24-hour access to your landlord portal. SeMORE True Property Management BRE#01348644 866-957-6677 info@truepropertymanagers.com 2973 Harbor Blvd #532 Costa Mesa Ca. 92626 (Mail …

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True Property Management Rental Analysis Free.

True Property Management Rental Analysis Did you know 70% of landlords charge their tenants BELOW market value?! 9 times out of 10 we bring you a HIGHER rent price. It’s what we are in the business of doing. We understand, as a landlord, you want to maintain a good relationship with good tenants. This is where we come in. Not only do we protect your interests and put more money back in your pocket, but when you hire a property management team like us, your tenants understand there is a certain level of expectation which leads to a greater tenant/landlord relationship. See the rental analysis button below. Get your FREE rent analysis now, are you charging too little? Complete the form below and we’ll send you a custom Rent Analysis, click link below. FREE Rent Analysis True Orange County Property Management – We currently manage properties all across Orange County California. From the beaches of Newport and Huntington Beach to Costa Mesa, Irvine, Orange, Santa Ana, Tustin, Mission Viejo and everywhere in between. Our tremendous success is the direct result of landlords like yourself leaving your current management for someone you can trust like True Property Management. Virtually all of our clients were once with another management company. We know and understand your pain because we interview each of our landlords to access and understand your needs and guard you against what you don’t need. ORANGE COUNTY REAL ESTATE NEWSMORE TRUE PROPERTY MANAGEMENT MARKETING, TRULY AMAZING.October 13, 2020True Property Marketing. True Property Management is comprised of licensed luxury real estate agents with extensive luxury marketing experience who wiMORE When all you need is Trust…October 09, 2020True Transparency. It’s the foundation of trust. It’s in everything we do. Landlords can easily verify with 24-hour access to your landlord portal. SeMORE California’s Eviction Compromise – what’s in it & what’s notSeptember 11, 2020California renters financially hurt by the pandemic will be protected from eviction until at least next February, while small landlords will be offereMORE True Property Management BRE#01348644 866-957-6677 info@truepropertymanagers.com Based on information from California Regional Multiply Listing Service, Inc. as of 2020 and/or other resource. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.MORE Made in Phoenix, AZ by your friends at Chime Technologies, Inc. Copyright 2020. All Rights Reserved. Privacy Policy & …

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TRUE PROPERTY MANAGEMENT MARKETING, TRULY AMAZING.

True Property Marketing. True Property Management is comprised of licensed luxury real estate agents with extensive luxury marketing experience who will market your property with the same magazine quality photography, virtual tours, videos, and professional copywriting you would see in a multimillion-dollar home. It’s the foundation of everything we do prior to syndicating your property to over 200 rental sites like- Apartments.com, Hotpads, Lovely, Trulia, Trovit, RentalSource, and Zillow ultimately getting you the True Maximum Marketing Exposure and highest possible rent. True Orange County Property Management – We currently manage properties all across Orange County, California. From Newport and Huntington Beach to Costa Mesa, Irvine, Orange, Santa Ana, Tustin, Mission Viejo, and everywhere in between. Our tremendous success is the direct result of landlords like yourself leaving your current management for someone you can trust like True Property Management. Virtually all of our clients were once with another management company. We know and understand your pain because we interview each landlord to access and understand your needs and guard you against what you don’t need. CALL THEM TODAY- 866-957-6677 DRE …

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When all you need is Trust…

True Transparency. It’s the foundation of trust. It’s in everything we do. Landlords can easily verify with 24-hour access to your landlord portal. See your True Income and Expenses. Your True Reports and Statements are available with the click of a mouse because trust is earned through True Transparency. True Orange County Property Management – We currently manage properties all across Orange County California. From the beaches of Newport and Huntington Beach to Costa Mesa, Irvine, Orange, Santa Ana, Tustin, Mission Viejo and everywhere in between. Our tremendous success is the direct result of landlords like yourself leaving your current management for someone you can trust like True Property Management. Virtually all of our clients were once with another management company. We know and understand your pain because we interview each of our landlords to access and understand your needs and guard you against what you don’t need. True Property Management of Orange County, Call them today toll free 866-957-6677 DRE …

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California’s Eviction Compromise – what’s in it & what’s not

California renters financially hurt by the pandemic will be protected from eviction until at least next February, while small landlords will be offered some foreclosure protections, under a measure approved by lawmakers and signed by Gov. Newsom late Monday night. The deal was passed by super majorities in both state legislative chambers, with Democrats and a handful of Republican lawmakers supporting the bill. A two-thirds vote of lawmakers was necessary for it to become law immediately upon being signed by the governor. A pause on California eviction court proceedings, put in place by the state Judicial Council, was set to expire Sept. 2. The emergency measure, is the product of contentious negotiations between tenant groups, landlord interests, &  bankers over who will be left bearing the financial brunt of missed rent payments caused by the virus. But while tenants, landlords and banking groups urged lawmakers to approve the bill, the compromise’s specifics have left some parties disappointed. Here’s how tenants, landlords and bankers made out in the deal. Tenants: What’s in it Renters can’t be evicted for payments they missed from March, when the pandemic first struck, through Aug. 31. From September through Jan. 31, if renters come up with 25% of the rent they owe, they will also be protected from eviction. Renters can pay that 25% at any time before Jan. 31. Starting Feb. 1, eviction rules go back to normal. Miss your Feb. 1 rent? You can be evicted, regardless of Covid. Unable to come up with that 25% of missed rent between September and January 31? You can also be evicted. How can renters prove they’ve been financially impacted by COVID? For renters below 130% of area median income, they have to fill out legal paperwork under penalty of perjury that says they’ve suffered a decline in earnings or increased expenditures because of the virus. That paperwork must be provided by landlords when they serve initial eviction papers to renters, and renters have 15 days to fill it out. No documentation of decreased income / increased spending is required. Renters making ABOVE 130% AMI, need to provide some documentation for their financial hardship. Statewide median household income is $87,000. Any evictions that occurred between March 2020 and February 2021 will not be made public, to protect renters’ ability to find new homes. Any rental debt accrued because COVID-related financial hardship won’t show up on tenants’ credit reports. What’s not:  Tenant groups really don’t have a ton of leverage in state politics. Despite renters comprising roughly 40% of the state, pro-tenant bills have had a tough time getting through the Legislature. Tenant groups are most upset that evictions unrelated to financial hardship from coronavirus will be allowed to resume in the next few days. They worry landlords will use any lease violation — people living in the apartment not on a lease, or creating a nuisance for neighbors — as a pretext to get rid of tenants who have fallen behind on their rent. In court, the burden will be on tenants to prove landlords are using these lease violations in bad faith. The vast majority of tenants in eviction courts do not have legal representation. Rent forgiveness or cancellation is also missing in the bill, and tenants don’t have much time to pay back what they owe. While some missed rent may not be used as the basis for evictions in February, renters will have to pay back everything they owe by March, 2021. That’s when landlords can begin pursuing missed rent payments in small claims court. It is possible that a renter owing thousands of dollars to their landlord could legally stay in their unit while being sued by their landlord for missed rents while their case is waiting to be heard by the courts. Landlords: What’s in it “Small landlords” who own between 1-4 units receive additional foreclosure protections. The proposal extends the 2013 “California Homeowner Bill of Rights,” passed in the wake of the late 2000’s foreclosure crisis, to small, non-corporate landlords who own up to 4 units. Those “rights” include specific guidelines mortgage servicers: 1) must obey in notifying and communicating with borrowers, as well as a prohibition against “dual track” foreclosures where lenders are allowed to pursue foreclosures while simultaneously negotiating loan modifications. What’s not:   The California Apartment Association, which supports the compromise, is one of the more powerful interest groups in the Capitol, and donates heavily to Democratic and Republican candidates. But the political power landlords wield still couldn’t deliver what they say would make this problem much easier to solve: Money. A proposal backed by Senate leader Toni Atkins, (D) San Diego, tried to work around the state’s depleted coffers by offering sellable tax credits to landlords for the amount of rent they missed. Landlords tentatively supported the proposal, but no such compensation was included in the final bill. Without money coming from the state, small landlords may wonder how they expect to meet their mortgage payments if they can’t evict renters and re-rent apartments until next year. Banks  What’s in it:  As previously mentioned, some additional requirements when lenders are preparing to foreclose on a property. The bill also would force lenders to provide an “explanation” as to why they denied a forbearance request. What’s not:  Banks and credit unions are also a powerful force in the Capitol. But their leverage on the eviction issue in particular was amplified by the constitutional limits of state law, and the threat of legal action. Both landlord and banking groups were skeptical that any type of compulsory mortgage forbearance would survive legal challenge. Both the state and federal constitutions have “contract clauses” that limit government interference with private contracts like mortgages. California is also preempted from regulating certain banking activities in the federal government’s purview. Image: …

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Craigslist Scams on the Rise

Landlords, property managers, owners and sellers should be aware of a recent spike in rental property scams, especially on Craigslist, that are affecting rental units including vacant units across California and the United States.  Homes that are listed for sale, rent, or that are vacant are finding their way onto sites such as Craigslist thanks to criminals who are utilizing marketing materials to “rent” properties.  These creative scammers are utilizing fraudulent advertising photos, descriptions of properties, and other information available online, including the MLS to create traps for prospective renters.   Although these scams may be hard to identify, there are several “red flags” that can assist individuals in assessing potential fraudulent transactions.  Some identifiers include advertisements without addresses or prices, demands to instantly wire money for the payment of rent, unreasonably low property prices, and mandatory cash payments.  Similarly, these transactions tend to use prepaid Visas, money orders, payment apps and other alternative means of making payments.   In most of these cases “too good to be true” is in fact too good to be true.  Recent FBI warnings bear this out as scammers get more sophisticated. When it comes to low prices, individuals should check the going market rate on similar properties within the area to determine if these rental opportunities are below the local market for comparable properties.  Prudent renters should make sure they contact the property manager by telephone and schedule in-person meetings in accordance with the C.A.R. Best Practices prior to making any up-front deposits or reservation fees on the advertised property.   Landlords, property managers, and sellers should exercise additional caution by informing current tenants of these scams and by placing advertising information on the actual property with visible contact information to dissuade would-be victims from engaging in communications with fraudulent parties.  Additionally, property managers and landlords should encourage current tenants to immediately report misplaced inquiries to the police and the landlord or property manager.  In a low-inventory marketplace, it is of the utmost importance to safeguard your properties from over‑eager renters.  In the event that your property falls victim to these scams, you can flag the post for removal on Craigslist and should report the fraudulent posting to local authorities.  Consider putting signs on the property, especially homes, clearly advising potential tenants who is listing the property. Set up a “Google alert” that will generate an email notification. Periodically check your listings to see if they have been “mirrored” in Craigslist. Learn how to utilize the special features of your lockbox. During these times where so much emphasis has been placed on remote types shows and virtual transactions vigilance is critical. Written by:John Giardinelli, of Counsel with Tyler & BurschCody Bellmeyer, Esq., with Tyler & Bursch, LLP Image: …

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5 Most Common Rental Emergencies

If you’re just starting out as a landlord, you know that there are going to be times your tenants call you with unexpected repairs. While no one likes getting the call at 2am that water is leaking (this is why you hire a property manager), it is something you need to prepare yourself for. If you’ve hired a property manager, at least you don’t have to take the 911 call, but either way, it is an issue with your home that will need addressing. The gas – A gas leak is a serious matter and every second counts in mitigating the risks when there is one. Of course, this is why California mandates there be carbon monoxide detectors in each level of the home. Nevertheless, a freak incident may occur in which case the first thing your tenants should do is call the gas company. Make sure they have the gas company’s phone number on hand. Fire – Though it’s very rare that fires do occur, they aren’t impossible. We’ve seen it before! A tenant puts a plastic cutting board in the broiler, a burner is accidentally left on, or, tragically a wildfire occurs. Whatever the cause, tenant caused or not, the most important thing is to ensure everyone is able to exit the home safely. A fire plan should be put in place and tenants should know their escape routes in case of an emergency. Power – Nearly every landlord has had this one at one point or another. If you’re a new landlord, it is only a matter of time. When outages occur, as they do on extremely hot days in Southern California, be prepared for that call. Unfortunately, if it’s an outage during a heat wave, there is not much you as a landlord can do and you will likely have to deal with some overheated and unhappy tenants losing their groceries to a warming fridge. If the outage is unexpected, however, make sure your tenants have the number for the power company so they can contact them right away and notify them of the issue before their groceries spoil. Water – This can cause some major damage beyond just structural. Most tenants worry about mold the minute a water leak is discovered and that could be a huge liability if you do no have the issue addressed in a timely manner. Make sure your tenants know where the shut off is for the water so, in the event of a leak, they can turn of the water to the house/unit and prevent further damage. Additionally, have older roofs inspected and gutters cleaned out regularly. It’s better to spend a few hundred dollars preventatively to monitor things, than to deal with thousands of dollars of restoration. HVAC – This is probably your most common occurrence – especially now that the heat of the summer is here. HVAC technicians will tell you it’s always the week of a heat wave when the AC decides to stop working. This is in large part because tenants forget to change out the filters and start cranking the AC all day everyday. Make sure your tenants understand it is their responsibility to replace the filter to keep the system operating. If you’re someone who’s tired of taking the tenant’s calls or feel you’d rather avoid these headaches altogether, True Property Management can relieve you of all these stresses. Let us handle the 2am emergency calls. Let us calm your tenants down and coordinate repairs. Let us do the hard part for you so you can get back to living your life! Contact us for more info here or call …

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Is your info as a landlord protected?

Technology enables us to do a multitude of things quickly and easily – especially during these times when many are working remotely. If you’re a landlord renting out your income property, it is likely you are having prospective tenants email you their applications, electronically sign lease agreements, etc. But have you stopped to think about the protections you have in place to prevent information from being stolen? Though we all know email hijackers and malware are out there, it can be easy to forget just how rampant they are. Add to that a global pandemic, these digital thieves thrive on taking advantage of vulnerable people during a crisis. Being that you have the liability of handling other people’s personal information, you don’t want to fall prey to such a breach. Between 35,000-70,000 new strains of malware hit the internet DAILY! Think about how easy it would be for a hijacker to email you a link or attachment to their “application” and invade your computer. It happens more often than you would think! That’s why, at True Property Management, we use a secure, high-tech software for all tenant communications, applications, leases, etc. Our application process is entirely online through this secure portal which will collect and safely store each applicant’s personal info. In fact, we will never personally ask an applicant for their social security number! Our system will verify that in the application by running a full background check, thus relieving our owners of that liability. It also securely stores account information for both tenants and landlords so rent can be paid easily online and deposited to our owners in as little as one business day via direct deposit. If you’re managing your property(ies) yourself, you may want to rethink using your Gmail to collect personal info. Once a strain of malware has infected your computer (something that can happen with the simple click of a button), every applicant that has ever sent personal info to your email and anything stored on your computer is jeopardized. If you plan on hiring a professional to help you, make sure they have these securities in place. If you’re going about it on your own, we suggest looking into a secure system for this. It may be costly, but it’s worth the investment for the relief of …

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Why VantageScore 3.0 enables us to find the BEST renters

As a landlord, finding good tenants is key. Without good renters, you could be left fighting to collect rent, unable to pay your mortgage, answering countless phone calls, spending exorbitant amounts of money on repairs and maintenance, and having sleepless nights. This is why our clients hire us! Our key objective is to find well-qualified tenants and we’ve been tremendously successful in doing this with 99% of our tenants paying the rent online and on time. That said, we are always looking for ways to improve our already tremendous efforts. Now, True Property Management has partnered with Experian to incorporate the widely-adopted solution VantageScore 3.0 which has led to an elevated level of tenant screening. VantageScore 3.0 was built by the three leading credit bureaus to offer a better option to FICO (which we were previously using). As a more predictive and consistent credit scoring model, it has been used across the tenant screening industry since 2013. This credit score will allow you to: Improve decision-making, with more recent consumer and economic data versus FICO 2 which uses data from the 1990s Score more applicants, by analyzing at least 24 months of tenants’ credit history rather than just six Better qualify …

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