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Archive for February, 2015

Discrimination Against Children: Traps And Pitfalls – By Dale Alberstone, Esq.

Posted on 01. Feb, 2015 by .

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Hello Everybody.  All Apartment Owner Association members know the general rule:  It is unlawful for a landlord to discriminate against children, or to discriminate against tenants on account of their minors.  The California Supreme Court first imposed the prohibition of discriminating against families with children in 1982, relying on the

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Four Steps to Get Your Tenants to Comply – By Tia Politi

Posted on 01. Feb, 2015 by .

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I often say that my experience as a mom has helped me in my career as a property manager.  I sometimes feel as though I am responsible for parenting more than 800 unruly teenagers and in my experience, educating residents about being good tenants and neighbors regularly becomes part of my job as a landlord […]

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How to Prepare Your Rental Property Business for the New Year – by Susan Burnett Luten, Esq.

Posted on 01. Feb, 2015 by .

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Do you begin each year with a list of New Year’s resolutions? We are all so busy that it is difficult to find the time to reflect on what we do and how we do it. So, even if you have never followed up on New Year’s resolutions before, this year, it’s time!

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What is the Best Way to Increase Rent? – By Clifford A. Hockley

Posted on 01. Feb, 2015 by .

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As owners of investment property we continuously look for ways to cover our expenses. As the cost of maintenance, utilities and taxes rise, we need to find ways to offset those increases. 

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The Prop. 30 Tax Hike Should Retire on Schedule – By Jon Coupal, President of Howard Jarvis Taxpayers Association

Posted on 01. Feb, 2015 by .

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No matter how high taxes are increased it’s never enough for public officials and bureaucrats who live off taxpayer funded paychecks.  According to these people, there is always one more dollar that is needed to make government “whole” … and being made “whole” in California means maintaining the highest paid government employees in all 50 […]

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MrLandlord.com Tips on Management – By Jeff Taylor, “Mr. Landlord”

Posted on 01. Feb, 2015 by .

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The following tip is shared by a regular contributor to LandlordingAdvice.com. Thanks Roy(AL)!

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Why You Should Use Guest Cards – By Joyce Kirby

Posted on 01. Feb, 2015 by .

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Whether you have several vacancies and upcoming notices to lease or you are down to that last “net to rent”, you must still qualify your prospects in order to ultimately secure the rental.  How you remember and record needs and preferences of your callers and visitors is just as important as obtaining the information

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How to Avoid Trouble, Stay out of Court and Save Money in 2015! Southern CA – by Patricia A. Harris

Posted on 01. Feb, 2015 by .

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  Along with the ever-changing laws, AOA advisors encounter landlord situations that are overlooked, can be confusing, are sometimes neglected and have become very costly to many property owners.

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The California Housing Crisis – Who is Responsible? – By Roger Sanders

Posted on 01. Feb, 2015 by .

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It is time that we acknowledged that Bay Area housing regulations and development have failed to create housing for most people, whether that housing is for rental or home ownership.  The discussion on who is responsible for the overpriced market never acknowledges that everyone involved needs to accept some of the responsibility.  Whether it be

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How to Avoid Trouble, Stay Out of Court and Save Money in 2015! Northern CA – By Patricia A. Harris

Posted on 01. Feb, 2015 by .

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Along with the ever-changing and newly adopted laws, AOA advisors encounter landlord situations that are overlooked, can be confusing, are sometimes neglected and have become very costly to many property owners.

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Move-In Checklist and Adverse Action Notice: Are You Skipping These Important Steps? – By Sean Martin

Posted on 01. Feb, 2015 by .

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Perhaps the most important pre-cursor to signing a lease agreement is the proper completion of a property condition checklist PRIOR to your tenant’s move-in.  Use this form to document the property’s condition prior to locking a tenant into a lease and collecting a deposit from them.

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A Look at 2014 and Short Term Rental Risks – By Noni Richen and Lan Nguyen Fullerton, Attorney

Posted on 01. Feb, 2015 by .

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For a few moments we should look back at 2014 and give ourselves a little pat on the back. We defeated Prop. G – a heinous attack on property owners that sought to punish people for buying and selling property. Yes, our opponents are licking their wounds and whining that they were outspent, but spending […]

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Property Management Reference Checks…Are They Really Necessary? © – by Ernest F. Oriente

Posted on 01. Feb, 2015 by .

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According to the Society of Human Resource Management {SHRM} over 50 percent of the information presented on a resume by a job candidate may be false or misleading.  These are alarming statistics, and as the executive of your property management company, it continues to be increasingly important to understand the mindset of the job candidates […]

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The Oil Price Decline is Like a Big Tax Cut – By Gary D. Halbert

Posted on 01. Feb, 2015 by .

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Gasoline prices have plunged almost 90 cents a gallon since April 2014, and Americans are thrilled to be paying almost 25% less to fill up their tanks. Yet many in the mainstream media seem downright unhappy over this energy price windfall.

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Fill Vacancies, Reduce Turnover and Increase Profits (A Property Owner’s Guide: All About Pets) – by the San Francisco SPCA

Posted on 01. Feb, 2015 by .

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Do you want to:  Enhance profitability?

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Something to Think About #29 – Global Cash Flow – By Klarise Yahya, Commercial Loan Broker – BRE: 00957107 – MLO: 249261

Posted on 01. Feb, 2015 by .

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Banking Being a banker is a difficult post. If you lend out all your deposits there is no money left in the vault to honor normal withdrawal requests. If you don’t lend at all there is no income to provide for the bank’s operating expenses. The working solution is fractional banking, whereby the bank lends […]

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A New Lease on Retention – How to Reduce Turnover – by Doug Miller

Posted on 01. Feb, 2015 by .

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“The staff has not been trained in customer service— only in sales. Once you sign a lease, they are unresponsive and indifferent to their customers.” – Comment from anonymous resident.

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Legal Q & A Small Claims Court and Security Deposits – by Franco Simone, Esq.

Posted on 01. Feb, 2015 by .

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Q:  My tenant is suing me in small claims court over her security deposit. What are some common reasons why tenants sue Landlords over the security deposit? Some of the more common reasons a tenant may sue a landlord include:

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Real Estate Investors: 13 Items Your Insurance Won’t Cover – By Al Aiello, CPA, MS Taxation

Posted on 01. Feb, 2015 by .

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“My lawyer told me umbrella insurance is enough to protect me, so I don’t need an LLC.”  ~ An ill-advised Real Estate Investor

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Legal Q & A – by Richard Beckman, Attorney

Posted on 01. Feb, 2015 by .

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Question 1: My Oakland tenant has not paid the second half of the security deposit and a late fee from last month, all terms agreed to on the lease agreement. What are the legal steps I can take to collect? 

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Legal Q& A – by Dennis Block, Attorney

Posted on 01. Feb, 2015 by .

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Question One: I am in the process of preparing a security deposit itemization. Is it legal to deduct for painting charges after a tenant moves out?  Also, how much can I charge for cleaning?

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Protecting Yourself with Hired Help – By Jay P. DeCima

Posted on 01. Feb, 2015 by .

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Since 2010, state agencies (EDD in California) have busted more illegal workers and their employers than during the previous 20 years before.  Most likely the surge in the enforcement of unlicensed contractor regulations was elevated to “front burner” status

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