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Archive for September, 2015

Give Your Move-In Experience MomentumWith This Three-Month Plan – By Amanda Cupp

Posted on 01. Sep, 2015 by .

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How’s your move-in experience? If it consists of getting a signature, handing over the keys, and waiting for the checks to arrive, it may leave something to be desired.

If your community isn’t putting its best foot forward with new residents, it’s time to give your [...]

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REAP! Updated – Los Angeles Housing Department – By Dale Alberstone, Esq.

Posted on 01. Sep, 2015 by .

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Hello everybody.  My column this month will update AOA members on the REAP program administered by the City of Los Angeles.  This discussion will not be the typical “Los Angeles Housing Department bashing” articles you have undoubtedly read in various apartment trade publications during the past several years.  Rather, it will provide a matter-of-fact explanation of the Housing Department’s administration of the REAP program [...]

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IRS Depreciation Changes Effective with Your 2014 Tax Return – By Heather L. Jackson, CPA

Posted on 01. Sep, 2015 by .

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Warning: The following article attempts to clarify important changes to the tax code.  While pertinent to property owners, no amount of artistry could make this material more exciting. We recommend that readers use patience to digest this complex topic. [...]

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Proper Tenant Screening – What Does a Messy Car Have to Do With a Bad Tenant? – By Christian Bryant

Posted on 01. Sep, 2015 by .

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I’m sure that most landlords know the value of an in-depth screening process when deciding to approve or deny a tenant.  You would be surprised how many landlords that I talk to actually skip this step and just trust what is written on a tenant’s application. [...]

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NEWS RELEASE – Superior Court of CA Approves $10 Million Settlement Against Landlord!

Posted on 01. Sep, 2015 by .

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LOS ANGELES, Calif. − The Los Angeles-based plaintiff’s trial law firm McNicholas & McNicholas obtained a $10 million settlement against the California Department of Transportation (Caltrans) on behalf of the family of Connor M., a four year-old who ingested lead-based paint at Caltrans’ residential rental property.  [...]

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Legal Q & A – by Richard Beckman

Posted on 01. Sep, 2015 by .

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Question 1:     Does Richmond have rent control now?
Answer 1: The Richmond City Council had been on course to approve the first rent control law in decades. As drafted, it would be substantially similar to the rent control ordinances in San Francisco, Berkeley and [...]

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Economy Recovery and the Supreme Court – By Gary D. Halbert

Posted on 01. Sep, 2015 by .

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Current Recovery is Worst Since 1960: Push to Scrap GDP

You should know that there is growing evidence of a strong push by the Obama administration, and its willful accomplices in the media, to get rid of GDP as the bellwether indicator of the economy. It is true that GDP, as currently measured, is lacking in a number of areas and fails to [...]

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Letters to the Editor…

Posted on 01. Sep, 2015 by .

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Dear AOA:

Please let your readers know that I recently purchased 30 of the Kidde Smoke Alarm - Model   i12010S and they are continually chirping after installation.  The instructions indicate a low battery life? [...]

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Coming Next Month – The “Million Dollar” Trade Show and Landlording Conference

Posted on 01. Sep, 2015 by .

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The Big Show

You’ll want to mark your calendars for the FREE “Million Dollar Trade Show and Landlording Conference” next month where we’ll be giving away iPads and 5-day cruises.  The show will be held on Wednesday, October 21, 2015 at the Los Angeles Convention Center in West Hall B, 1201 N. Figueroa! [...]

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Why I’m Still Putting My Own Money Into U.S. Real Estate

Posted on 01. Sep, 2015 by .

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“What’s your top idea right now, Steve?  What are you doing with your own money?”

The answer is simple – U.S. real estate.  Right now, I have a greater percentage of my net worth invested in the U.S. residential property market than in any other asset class – by far.  (I’m not even including my home when I say this.) [...]

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