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Archive for February, 2017

Fighting for Property Rights! – By John Groen, Pacific Legal Foundation

Posted on 01. Feb, 2017 by .

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When William Murr enlisted in the Army to serve his country during World War II, he swore an oath to “defend the Constitution against all enemies, foreign and domestic.” He took that oath seriously, which is why he would roll over in his grave if he could see how Big Government bureaucrats are trying to […]

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“No on Section 8?” – by Michael Millman, Esq.

Posted on 01. Feb, 2017 by .

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The below article was written by Michael Millman, Esq.  Mr.  Millman is an Attorney and a Mar Vista activist and can be reached at (310) 477-1201.    Happy New Year.  2017 appears to be a very interesting and unique time in the Rental Housing Industry.  As we recall, President-Elect Donald Trump and his father had […]

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Something to Think About #53 – Uncle Sally’s Nephew, Part 16 – by Klarise Yahya

Posted on 01. Feb, 2017 by .

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If you’ve missed some of the prior articles, basic guidelines on successful investing are in my book “Stairway to Wealth” available at LuLu.com. Continued from Part 15:    The postcards were mailed. People started driving slowly past, some of them stopping on the street to examine the property more closely. Every week or so there were […]

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PRESS RELEASE – Apartment Industry Looks Forward to Working with the Trump Administration and Dr. Ben Carson

Posted on 01. Feb, 2017 by .

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WASHINGTON – (Business Wire) – NMHC and NAA issued the following statement to congratulate Dr. Ben Carson on his nomination to serve as Secretary of the Department of Housing and Urban Development (HUD):

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Unite Now or Pay Big Later! Trash Fees to Double! – by David Hernandez, Lead Proponent & Executive Director

Posted on 01. Feb, 2017 by .

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With the 2014, Los Angeles Exclusive Trash Franchise set to take effect in July of 2017, a sense of urgency has evolved in the Commercial Housing and Business Community. A recent article in the Los Angeles Times outlining the new policy and the pitfalls which many believe will be suffered by apartment owners and building […]

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Recent Developments Pertaining to Real Estate Agents – by Dale Alberstone, Esq.

Posted on 01. Feb, 2017 by .

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Hello everybody.  Real estate agents, including brokers and salespersons, are back in our legal news.  In separate cases, the California Supreme Court and the California Court of Appeal have once again ruled against real estate licensees for not strictly complying with their obligations under real estate law.  One case involved the failure of the real […]

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Economics 101 Today – by Stansberry & Associates Investment Research

Posted on 01. Feb, 2017 by .

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A version of this article first appeared on November 8, 2016 in the Stansberry Digest, published by Stansberry & Associates Investment Research, an independent investment research firm.  You can visit them at www.stansberryresearch.com. As we always tell our subscribers – There’s no such thing as teaching, only learning.  What we mean is, no matter how […]

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Help Protect Your Building From Sewage Backups And Overflows – by Greg Martin

Posted on 01. Feb, 2017 by .

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Most homes in the Bay Area were built decades ago and still have their original pipes that connect the home to the sewer line in the street. Over time, these Private Sewer Laterals (PSL), crack which allows your sewage to seep out into the ground around your home.  It also allows rain water that has […]

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How to Determine the Effectiveness of Your Advertising Sources – by Joyce Kirby-Bica

Posted on 01. Feb, 2017 by .

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All apartment communities use various means to attract new renters.  Many forms of advertising have minimal costs in dollars, (i.e. online ads, signs, banners, word of mouth referrals, etc.).  Yet the time and money it takes to create and design some of these ads AND make sure they are well placed to capture attention, is […]

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Legal Q & A – Roommates – by Franco Simone, Esq.

Posted on 01. Feb, 2017 by .

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Q:  My tenant is requesting to add a roommate to her lease; do I have to allow my tenant to have a roommate? A: First, you will need to review your lease or rental agreement with this tenant. As a landlord, you may include a clause in your lease or rental agreement that authorizes or […]

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How Long Before Developers Walk Away From Unrealistic Affordable Housing Projects? – by Deborah Lopez, SPOSFI Business Member

Posted on 01. Feb, 2017 by .

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Affordable housing, inclusionary housing, below market-rate (BMR) housing, middle-income housing. All these buzzwords describe different aspects of San Francisco’s efforts to address the escalating shortage of housing for those who can’t afford to buy or rent a home in the city’s hyper-competitive market. So far, the Board of Supervisors has instituted no new rent control […]

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Legal Q & A – by Richard Beckman, Attorney

Posted on 01. Feb, 2017 by .

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Question 1: My Oakland tenant has to be displaced due to water damage in the apartment, caused by a pipe failure. We have secured them a place in a local hotel, and we are only charging them the pro rata share of the rent they were paying. Can they lawfully demand or request that a […]

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Every Property Manager Can Keep These 4 New Years Resolutions – by Mary Girsch-Bock, for PropertyManager.com, a Service of AppFolio

Posted on 01. Feb, 2017 by .

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Well, it’s the New Year – as you think about your resolutions, why not resolve to tackle the issues that have proven to be your nemesis?  While the list of resolutions will vary widely from manager to manager, there’s likely a few things that all will agree would be of help in 2017.  Here are […]

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Unlocking the Mystique of the Lis Pendens – by Nate Bernstein, Esq.

Posted on 01. Feb, 2017 by .

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In the California real estate and lending community, and especially for  non real estate attorneys (normal people!), there is some misunderstanding and hidden mystery about what a notice of  lis pendens is, what is its function, and what is its place in the law and the world of California real estate. This article will unravel […]

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A King’s Ransom for ‘Public Servants’? – by Jon Coupal, President of Howard Jarvis Taxpayers Association

Posted on 01. Feb, 2017 by .

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Once upon a time we called them “public servants.” Today, most taxpayers struggle to keep a straight face when this term is used to describe the well-paid, elite who govern us.

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7 Bits of Real Estate Investing Advice I Would Tell My Younger Self – by Larry Arth

Posted on 01. Feb, 2017 by .

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Have you ever heard of or perhaps spoken the words “If I knew then what I know now I would have done things differently?” I believe most of us have … I know I certainly have. I often wished I had the ability to do some things over with the wisdom I have acquired over […]

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What Are Renters Looking for Today? Know Your Customers – by Rental Housing Journal Editors

Posted on 01. Feb, 2017 by .

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Eight out of 10 renters use online resources in their search, and most reach out to at least five landlords or property managers in the process of searching for their new place, according to a new report on home buying and renting from Zillow.

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Company Fined $$$ for Failure to Protect Residents from Lead-Based Paint – by Nahal Mogharabi, EPA

Posted on 01. Feb, 2017 by .

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LOS ANGELES – The U.S. Environmental Protection Agency announced a settlement with Powerstar Home Energy Solutions for failing to comply with federal lead-based paint rules at several residential properties in Southern California.  The company will pay a civil penalty of $11,429.00.

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5 Ways to Inspire Your Leasing Teams in 2017 – by Drew Brucker

Posted on 01. Feb, 2017 by .

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Phone calls, emails, leasing tours, resident interactions … these are just a few of the things taking place in a leasing office on any given day. Leasing teams are the definition of walking, talking multitaskers – creating inefficiencies on the best days and organized chaos on the worst. With leasing quotas to reach and individual […]

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Being a Landlord is Easier if You’re Educated – by Bill Biko, “The Educated Landlord”

Posted on 01. Feb, 2017 by .

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Are you a new landlord? A reluctant landlord? Or perhaps just an accidental landlord? Just starting out investing in Real Estate or worse being thrown into the position of being a landlord can be rather eye opening. Often new landlords get lulled into the business by its apparent simplicity. At first glance it’s just collecting […]

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Legal Questions and Answers – by Dennis Block

Posted on 01. Feb, 2017 by .

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Question One: I was talking with an applicant to one of my buildings, and he mentioned that he is a big gun enthusiast and owns many weapons. While I am sure that he possesses these weapons legally, I am not comfortable in allowing this person to move into my building.  Am I legally allowed to […]

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Common Toilet Problems You Might Be Able to Fix Yourself – by Bruce Davis, Sr.

Posted on 01. Feb, 2017 by .

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There have always been problems with our toilets.  More than 5,000 years ago, primitive systems in several ancient civilizations utilized a constant stream of water that carried waste away from centralized, public latrine systems.  Unfortunately, the water from those latrines often flowed back into the same river or stream that was the main water supply.  […]

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Reminder of the EPA Lead-Based Paint Law: Are You in Compliance? – by Patricia Harris

Posted on 01. Feb, 2017 by .

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The previous article warns us of imposed fines for not following the EPA’s Lead Renovation, Repair and Painting (RRP) rule.  If your property was built before 1978, lead based paint was most likely used in its original construction. As an owner, hopefully, you are well aware of the dangers of lead based paint, and the […]

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