Receive news, updates and special deals by Joining AOA's Online Newsletter. Click now to sign up!

Archive for January, 2015

Apartment Owners Object to LA Council’s Retrofitting Plan

Posted on 23. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg

Dan Faller is the President and Founder of the Apartment Owners Association of California. He reacts to this week ‘s discussion by the Los Angeles City Council to mandate retrofitting hundreds of buildings in order to survive a major quake. Faller explains his members objections to NBC4′s Conan Nolan [...]

Continue Reading

LA Housing Department Caught On Video With Their Pants Down – By Bill Hooey

Posted on 23. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg

Okay everyone, we got them on video.  It is about to go wild…

There is a local landlord who became tired of the LAHD harassing him for the last ten years so he went to court and won.  The LAHD was furious that they were beaten in court so they went before another judge and convinced him to sign an administrative warrant so they could force their way into all the apartment in all of his buildings. [...]

Continue Reading

City Legalizes Short-Term Rentals on a Limited Basis – By Gideon Kramer, SPOSFI News Editor

Posted on 01. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg

 In October, the Board of Supervisors, by a veto-proof 9-2 margin, passed Board President and Supervisor David Chiu’s short-term rental legislation (aka “The Airbnb Law”.)  As expected, Mayor Lee signed the bill into law.  It takes effect in February 2015. [...]

Continue Reading

23 Landlord New Year’s Resolutions – by Patricia A. Harris

Posted on 01. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg

AOA Consultants get calls daily from our members with a variety of problems; some unfortunately after our owners are already in trouble.  Please use the below as a guide to easier management, money-saving ideas and to avoid potential legal problems in the New Year.   Our goal is your continued success! [...]

Continue Reading

Why Landlords Fail: 10 Fatal Mistakes (And How to Avoid Them) – By: Cynthia Hale, Esq

Posted on 01. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg

I recently bought a little apartment complex up on Capital Hill.  While shopping for the right units to buy, I had the opportunity to walk through a good number of units in the SaltLake valley.  So as an investor, I got a recent first-hand look at some fatal landlord mistakes that may be costing you money. [...]

Continue Reading

Start Your New Year by Routinely Adhering to These Essential Landlord Tips – By Jeffrey Taylor, “Mr. Landlord”

Posted on 01. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg
  • Treat landlording as a business. Develop a system and a set of written procedures for all steps in your rental process. [...]

Continue Reading

Secular Stagnation Is a Cover-Up – Provided by Gary D. Halbert

Posted on 01. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg

John F. Kennedy campaigned for president in 1960 by belittling Dwight Eisenhower’s three recessions and declaring, “We can do bettah.” He was right. In the 1960s, after the Kennedy tax cuts were implemented, prosperity returned, the economy grew by almost four percent [...]

Continue Reading

Something to Think About # 28 – Using the 10 Year Treasury note (TNX) to Time Purchases – By Klarise Yahya, Commercial Loan Broker, BRE: 00957107 MLO: 249261

Posted on 01. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg

Underpriced                         

When we talk about underpriced units, we are not hoping to somehow buy a $1,500,000 building for $1,350,000. Buildings like that are hard to find, but even if found don’t really make too much difference over the long term. Over a 30 or 40 year investment career, a ten percent discount on the original market price becomes simply a rounding error.  [...]

Continue Reading

Legal Q & A New Laws for 2015 – by Franco Simone, Esq.

Posted on 01. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg

Q:  My tenant prefers to communicate via email. He is moving out in a month and would like for me to email him the security deposit itemization directly. Am I allowed to send him the itemization by email? [...]

Continue Reading

Legal Q & A by Richard Beckman, Attorney

Posted on 01. Jan, 2015 by .

0
Facebook Twitter Email Linkedin Digg

Question 1:     Are there any new laws taking effect in 2015 affecting landlord-tenant issues? [...]

Continue Reading