On January 1, 2020, California’s new housing laws moved into effect and they impact your real estate holdings.

 
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Landlords are being targeted by the new Housing Stability & Tenant Protection Act of 2019.

  • The headliner is a groundbreaking and controversial measure providing statewide rent control and "just cause" eviction requirements to protect California renters.

  • The Legislature also tackled Accessory Dwelling Units (ADU), with a package of laws that many consider "the end of single-family zoning," by permitting most single-family homes to be converted into three separate housing units; preventing HOAs from barring ADUs; and allowing the ADUs to be sold separately.

  • These laws have the potential to significantly impact real estate investments, as well as owner-occupied single-family residences. The changing landscape will present pitfalls and opportunities. It’s vital to know and understand these changes to protect yourself moving forward.

 
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Single family homeowners will be impacted by efforts to increase housing supply.

Legislators claim the bill was written to address the current housing crisis and rent gouging dynamic. Prices may be negatively affected and your neighborhood’s atmosphere could change drastically.

 

The Smith Group Will Help You Avoid Surprises & Chart A Course Forward

The State is looking out for tenants.
We’re looking out for you.

Meet Your Hosts

 
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Tim Smith

Founder & Principal

 

Tim Smith’s name is synonymous with the coastal Orange County real estate market, where his well-established reputation and unmatched market knowledge have made him a front-runner in the industry. As the leader of Coldwell Banker’s #1 Team in California with over $2 billion in sales, Tim prides himself on his personal service and attention to every detail, which has led him to a large base of referral and repeat clients.

Distinguished buyers and sellers entrust Tim to guide them through every step of the real estate process. He ensures all objectives and expectations are exceeded with an expansive network, unparalleled client service, and proven marketing strategies. For several years running, Tim's highly-producing team has been ranked among the top 20 real estate teams in the nation per RealTrends 'The Thousand' as reported in The Wall Street Journal.

 
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Greg Blake

Sales Partner

 

Prior to joining the Smith Group, Gregory D. Blake served as the President of Blue River Advisors in Irvine, California, where he was a licensed real estate broker in four states, working primarily on second-home and resort projects in Mexico, Hawaii, Las Vegas, and Utah.

Greg’s innovative inclination has led to building entrepreneurial ventures in the technology, media, and real estate fields. Greg received an MBA from the Marriott School of Management in addition to a Bachelor’s degree in Finance from the University of Utah. He also has five years of experience working in government relations crafting and advocating for legislation. He knows how to read and understand these bills.

Greg is also the author of six books related to various aspects of residential real estate. Complimentary copies are available at www.homeprobooks.com.

 
 

We Hosted In-Person Seminars in Newport Beach and Irvine during the month of November

 
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Here’s Why You Should Attend a Smith Group Seminar

 

  • My time is valuable and I trust your guidance

  • I’m interested in planning ahead

  • I’m thinking about purchasing investment properties
    in the near future

  • I own investment properties

  • I have questions

  • I would like to better position myself
    for the coming state-wide rental cap

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“Great job hosting the event and bringing value and education!”
— Andy
 
 
“The Smith Group is the best in the business.”
— Julio
 
 
“Great information about new laws impacting real estate investments. #ThankYou Tim & Greg!”
— Liz
 
 
“I would like to thank you both for a very well researched presentation today. At your convenience, I would like to schedule a meeting with you concerning my commercial, residential income property, and undeveloped raw land holdings. It seems that you both have specific expertise on each sides of this real estate coin and I would love discuss my current holdings and situations in a big picture format to get your best advice moving forward.”
— Rick