Page 28 - AAGLA-JUNE 2022

Multifamily News
Continued from page 27
This week, the U.S. Department of Labor and Statistics published the updated Consumer Price Index (CPI) for major urban areas. The California (as a whole) CPI is still pending from the California Department of Industrial Relations; however, CPI data is now available for urban areas across California such as Los Angeles-Long Beach-Anaheim, Riverside-San Bernardino-Ontario and others. The following is the updated CPI chart appearing on the AAGLA.org website under the “News and Information” tab.
SMART SAVER TIP OF THE MONTH
Brought to you by Livable
A simple way to increase profits at your property is to maintain your rental property. While this may seem obvious, it’s perhaps the most important tip to follow. A rental property that isn’t being taken care of will not attract tenants, and those who sign a lease can dent your profits if they pay less than their fair share in rent or leave the unit damaged. A routine maintenance schedule and unit status checks should be included in your overall management plan. This will help prevent unexpected expenses such as appliance failure,plumbingissues,waterdamage,andpestinfestation. TofindouthowLivablecansaveyoumoney,checkouthttp://www. livable.com/AAGLA/ or call (877) 789-6027.
TENANT SCREENING TIP OF THE MONTH
Brought to you by RentSpree
Evictions are never easy. Sometimes costing thousands of dollars, this drastic measure leads to aggravation and stress for all parties involved. As a landlord, one possible way to safeguard yourself is to request an eviction report for each applicant.
An eviction report will provide comprehensive data from all 50 states including Washington DC. RentSpree provides an eviction report as part of our comprehensive screening package and results are available in minutes after applicants click the submit button. To learn how RentSpree can help you find the best renters, visit https://aagla.rentspree.com
28 JUNE 2022 • WWW.AAGLA.ORG