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Archive for December, 2018

Legal Questions and Answers By – Franco Simone, Esq.

Posted on 01. Dec, 2018 by .

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Q: I do not allow pets in my apartments. I have a tenant who is claiming that her cat is “an emotional support animal” and she says that she is entitled to a reasonable accommodation.  Do I have to let her keep the cat? A: Yes, a landlord must work with a disabled tenant to […]

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How Accidental Landlords Can Avoid Two Common Mistakes by – David Crown

Posted on 01. Dec, 2018 by .

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Ownership of property might seem like something that can only happen through careful planning, but as a property manager in Los Angeles, I get calls all the time from folks who’ve become landlords through unplanned scenarios. Maybe a family member has passed away and willed them a property. Maybe they wanted to sell their home […]

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Is Marijuana a Reasonable Accomodation? by – Ellen Clark

Posted on 01. Dec, 2018 by .

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Marijuana and the Fair Housing Act are questions that often come up these days amid changing laws so this week the Grace Hill training tip takes a look at the issue. Marijuana use is on the rise across the United States. Thirty states and theDistrict of Columbia have legalized marijuana use for medicinal or recreational purposes.

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What You Should Know About Online Rent Collections By – Zachary Lawrence JD

Posted on 01. Dec, 2018 by .

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I spend way too much time handling and processing monthly rent checks. During the beginning of each month, I’m driving to my office, collecting rents, opening envelopes, endorsing checks, entering the data into a software program, and making multiple trips to the bank.  I know all of my bank tellers by name and bring them […]

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Unlocking the Mystery of Maintenance Expenses By- Lori Hammond

Posted on 01. Dec, 2018 by .

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“Here’s the list of the supplies we need.” Maintenance expense is often the expense area where there always seems to be more days in a month than dollars in the budget. Every week a stock of supplies is ordered.  All too often, it results in overrunning the budget.  Work orders have to be completed.  Apartment […]

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Ways to Thank Your Tenants This Holiday Season! By Patricia A. Harris

Posted on 01. Dec, 2018 by .

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Here’s a statement you don’t hear too often – “Wow … my landlord gave me a gift this holiday season!”

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Did You Know By – Dennis Block

Posted on 01. Dec, 2018 by .

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Tenant Abandoning If you suspect that your tenant has abandoned your unit, you have the right to enter to confirm it. You should serve a 24-hour notice to enter the dwelling by posting it on the front door.  You should only enter during normal business hours and days, Monday through Friday, 9 AM to 5 […]

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How to Increase NOI by Meeting Your Residents’ Broadband Needs By – Kurt Fisette

Posted on 01. Dec, 2018 by .

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The internet plays a critical role in our lives. It has evolved from a luxury to a necessity, revolutionizing the way we work, play and communicate.

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Why Many Baby Boomers Consider DST 1031 Exchanges by – Don Meredith

Posted on 01. Dec, 2018 by .

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Many savvy investors from the “Baby Boomer” generation own highly-appreciated real estate assets and income properties. However, as they enter retirement, some of these real estate investors would prefer to not deal with day-to-day property management – from maintenance problems, and tenant issues to juggling rent checks and leases. Below you’ll learn why a Delaware […]

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The Risk in Writing-Off Almost Anything By – Nick Schoch

Posted on 01. Dec, 2018 by .

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Should you write-off almost anything? Maybe not if you want to refinance your property and get access to your hard-earned equity. Consider that for every $1 reduction in reportable income, you could decrease your potential loan amount by $11-13.

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Legal Q & A by – Dennis Block

Posted on 01. Dec, 2018 by .

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Question One: What is the procedure when a tenant, in mid–lease, is suspected of abandoning an apartment unit? Answer One: You should serve a notice to enter the dwelling. You may choose the reason that you are entering the unit to determine if the premises have been abandoned. If you do not have a key […]

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2019 Plumbing Fixture Deadline – Are You Compliant? By – Patricia A. Harris

Posted on 01. Dec, 2018 by .

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California’s SB 407 (Padilla) is a water-conservation measure that was passed in 2009. The bill requires that on or before January 1, 2019, all noncompliant plumbing fixtures in multifamily residential real property and commercial real property, as defined below, be replaced with water-conserving plumbing fixtures.

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How to Handle Tenants Who Rent to Airbnb Occupants By – Dale Alberstone, Esq.

Posted on 01. Dec, 2018 by .

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Hello everybody.  Isn’t the Internet wonderful for the apartment industry!  Not only does it allow for free advertisements by owners to find new tenants, it also enables tenants to make money by renting out one of their bedrooms, or even their whole apartment, to transient occupants!! Well, actually the first part is nice as owners […]

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Management Tips from MRLANDLORD.COM By – Jeffrey Taylor

Posted on 01. Dec, 2018 by .

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It’s a Mistake to Make Certain Assumptions It’s good to learn from your mistakes but … it’s better to learn from other people’s mistakes. Often, we make decisions based on incorrect assumptions. Here are three big assumptions revealed by landlords that ended up being very costly, in some cases as much as tens of thousands […]

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Christmas Safety Tips for Landlords and Their Tenants By – Sharon Vornholt

Posted on 01. Dec, 2018 by .

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Landlords are always concerned about safety issues in their investment property. But there is no better time than during the holidays, to remind your tenants of some basic steps they can take to keep themselves and the property they live in safe. Holiday decorations present many “opportunities” for landlords to encounter additional liability.

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Something to Think About #75 by – Klarise Yahya

Posted on 01. Dec, 2018 by .

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Emily’s Notes: Aspects of “Location” Emily slowly recognized that her notes on investing in residential income properties were not as well organized as she would like. They were in chronological order and that meant that it was not easy to access the data she might want to review. Easy access to data is important. One […]

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You’ll Probably Out-Live Your Grandparents By a Generation! A Long Bright Future By – TERRY MOORE, CCIM

Posted on 01. Dec, 2018 by .

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By 2050, a million Americans will be at least 100 years old. What to do with our 30 extra years? Plan for them! This article has encouraging, empowering ideas. Since we’re likely to live longer, and healthier than our parents and grandparents, let’s do the best we can with those extended years.

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Preserving and Maintaining Real Estate Investments By – Doug Moe

Posted on 01. Dec, 2018 by .

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The powerful elements: wind, sun and rain attack all buildings. It’s an investor’s job to protect their investments by preserving them. One way to do this is to apply protective coatings regularly.

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How Rent Control Drives Out Affordable Housing Part VI By – William Tucker

Posted on 01. Dec, 2018 by .

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Shortages Under Rent Control – The New Evidence What happens to price and availability of unregulated housing in a rent-controlled market?  To determine this, this author collected data on all the available apartments advertised in eighteen major cities around North America.  The advertised prices were taken from a single Sunday edition of the largest paper […]

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Letters to the Editor…

Posted on 01. Dec, 2018 by .

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Lack of Housing Dear Dan: Al Jacobs and others fail to express a concern for the people who can afford the higher rents.   As I see it, there are insufficient units available for rent in Los Angeles County regardless of the amount of rent being charged. For example, say all units are rented to tenants who lack […]

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By All Means Let’s Educate the Voters About Proposition 13 By – Jon Coupal

Posted on 01. Dec, 2018 by .

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[Recently], progressive interest groups announced they had sufficient signatures to qualify an initiative for the 2020 ballot that is a direct attack on Proposition 13. Specifically, this so-called “split roll” initiative would raise property taxes on the owners of business properties to the tune of $11 billion every year, according to the backers. Because many […]

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Legal Q & A by – Richard Beckman

Posted on 01. Dec, 2018 by .

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Question 1: We have a ‘no pet’ policy. What documentation is accepted if a tenant claims to need a service animal? Is there a difference if it is an emotional support animal? There is one tenant at our property with “service animal” paperwork from their doctor. We are getting inquiries from other tenants who want […]

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Top 10 Multifamily Resident Complaints By – J Turner Research

Posted on 01. Dec, 2018 by .

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A leading marketing research firm exclusively serving the multifamily industry, J Turner Research, recently announced a ranking of the top 10 apartment resident complaints, as revealed in analysis of 10,000 customer satisfaction surveys completed over the past two years at communities nationwide.

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Contested Evictions –Then and Now – What’s to Defend? By – Ted Smith, Attorney

Posted on 01. Dec, 2018 by .

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More and more tenants are becoming adept at maneuvering the legal system.  One sure way to delay the eviction process is to file a response.  The court doesn’t require the tenants to say why they’re answering, only that the minimum written reply be filed with the court within the time period allowed by law.  Filing […]

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IN THE NEWS … Tenants Get a $3 Million Settlement! By – John R. Triplett

Posted on 01. Dec, 2018 by .

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The owners of an Atlanta Georgia apartment complex failed to provide basic security for their tenants and the parties to a negligent security apartment shooting case settled for $3 million, according to a release.

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A Landlord’s Christmas

Posted on 01. Dec, 2018 by .

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As we close out 2018, AOA would like to thank you for your support this year – it’s been a pleasure serving your needs.  Our additional thanks to all who contributed to the “No on Prop 10” campaign. May your holidays be merry, your rent checks be on time and the coming year be fruitful.

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