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Archive for October, 2013

Legal Q & A – By Richard Beckman, Attorney

Posted on 24. Oct, 2013 by .

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Question 1:     What are the requirements for when and where to install CO detectors in two-story units?

Answer 1:  In 2010,California enacted the Carbon Monoxide Poisoning Prevention Act. Among other things, it requires the installation of carbon monoxide detectors in “in each existing [...]

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Service Dogs and Assistance Animals – By Cliff Hockley

Posted on 01. Oct, 2013 by .

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On April 25th, 2013 the Department of Housing and Urban Development issued an update letter FHEO-2013-01 regarding service and assistance animals with direct application to residential housing. This letter tied together [...]

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Let’s All Work Together to Get Rid Of SCEP in Los Angeles – By Bill Hooey

Posted on 01. Oct, 2013 by .

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I believe that the “Systematic Code Enforcement Program” is a SCAM and that is why landlords in the City of Los Angeles must come together and become proactive to get rid of this very bad LAHD law/policy.

The LAHD claims they have the legal authority to enter your apartment building and go through all your rental units [...]

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Invest in Real Estate TAX-FREE With the Solo 401K Retirement Plan – By Dmitriy Fomichenko

Posted on 01. Oct, 2013 by .

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Solo 401k is the ultimate retirement plan that offers powerful advantages for real estate investors.  Solo 401k is also known as the Individual 401k or Owner-Only 401k and is an IRS-approved Qualified Retirement Plan (QRP) that has been simplified for the [...]

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Suspect a Tenant of Not Using Unit as “Principal Place of Residence?” – By Andrew Solow

Posted on 01. Oct, 2013 by .

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According to San Francisco Rent Board Rules and Regulations 1.21, in order to qualify for rent control, a tenant must occupy the rental unit as his principal place of residence.  The tenant need not be physically present in the unit at all times or continuously in order for the Rent Board to consider [...]

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Second Quarter Apartment Markets Mixed in Latest NMHC Survey – by the National Multi-Housing Council

Posted on 01. Oct, 2013 by .

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WASHINGTON, D.C.—While demand for apartment homes remained strong, rising interest rates exerted negative pressure on the industry’s ability to secure debt financing according to the National Multi Housing Council’s (NMHC) July Quarterly Survey of Apartment Market [...]

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Property Management Success, While Maintaining Your Sanity! © – by Ernest F. Oriente, The Coach

Posted on 01. Oct, 2013 by .

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Picture this…Captain Craig has invited you to spend a month sailing the Caribbeanwith all the lobster you can eat!  Your captain has only one rule -“no telephone calls, no E-mail, no texts”.  Will your properties run smoothly while [...]

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Screening: Don’t Become a Victim of Your Own Decisions – By Katie Poole-Hussa

Posted on 01. Oct, 2013 by .

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Why are we landlords afraid to make tough decisions when it comes to screening prospective tenants?  Have you noticed that some potential applicants become pushy or demand sympathy?  Haven’t we all heard the same excuse from applicants, “the information you’re asking for is buried somewhere [...]

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Help Us to Stop Politicians From Raising YOUR Taxes! – By Jon Coupal

Posted on 01. Oct, 2013 by .

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DATELINE CHICAGO: Mayor warns property taxes could be going up 150%.
Suppose the mayor of your city announced a property tax hike of 150% or, stated another way – two-and-a-half times your current tax. A homeowner accustomed to paying $2,000, would see their next bill increase to $5,000, while a bill of $4,000 would jump to [...]

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The Secret to Finding the Right Partner The Secret to Finding the Right Partner – By Jay P. DeCima

Posted on 01. Oct, 2013 by .

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My personal investment strategy has constantly changed over the years as I’ve discovered what works, what don’t and how to “tighten up” my deals to maximize cash flow.  I’ve always felt that investing alone is better than [...]

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