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Welcome to Property Management Brainstorm, the ultimate podcast for property managers, PropTech ventures, and real estate investors! Join industry expert Bob Preston as he brings you the latest trends, best practices, and invaluable guidance in the world of property management. Whether you're just starting or thriving in the business, Property Management Brainstorm is your go-to destination for all things property management. Please click the "more" button in our episodes below to view the episode notes, listen through the website audio player or the video link, and follow along with the whole episode transcript.

Five Minute Friday #42: Calilfornia Ballot Measures Significant to Property Managers

In this week's Five Minute Friday, Bob reviews and gives his position/endorsement for either a "yes" or a "no" on four California Ballot Measures in the upcoming election on November 3rd, that he believes to be  significant to landlords, real estate investors and owners of rental property. Bob provides his opinion from a nonpartisan, independent position, as the owner of a property management company in the State of California. Here is a summary of the ballot measures of particular interest:

Proposition 15: Tax on Commercial and Industrial Properties for Education and Local Government Funding Initiative (“Split Roll Measure”)
Bob's Position and Endorsement: "NO"

Proposition 19: Property Tax Transfers, Exemptions, and Revenue for Wildfire Agencies and Counties Amendment
Bob's Position and Endorsement: "YES"

Proposition 21: Local Rent Control Initiative
Bob's Position and Endorsement: "NO"

Proposition 22: App-Based Drivers as Contractors and Labor Policies Initiative
Bob's Position and Endorsement: "YES"

Have a listen to the episode to hear the full review and reasoning behind Bob's positions and endorsements of these significant California measures and propositions.

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