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Archive for December, 2015

It’s Never Enough – By Jon Coupal

Posted on 01. Dec, 2015 by .

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Chicago, Carl Sandburg’s “City of the big shoulders,” is about to find out just how heavy a tax burden homeowners are able to bear. Mayor Rahm Emanuel has revealed his plan for a massive property tax increase to pay for unfunded pension obligations. And for taxpayers, it isn’t pretty. The mayor wants a $543 million increase in property taxes to cover police and fire pensions, as well as additional taxes and fees to close a projected $745 million budget shortfall. [...]

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Merry Christmas – BIG Victory for Rental Property Owners!!

Posted on 01. Dec, 2015 by .

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The following media release was issued by Ohio’s 1851 Center for Constitutional Lawregarding a recent decision in US District Court upholding the 4th Amendmentto the US Constitution – a big victory for rental property owners in Ohio!

 Federal Court:  Cities’ Rental Licensing and Inspection Requirements Unconstitutional [...]

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Arbitration and Mediation: Litigation Alternatives – By Dale Alberstone, Esq.

Posted on 01. Dec, 2015 by .

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Hello everybody.  With the recent soaring cost of litigation, including court fees, attorneys’ fees, court reporter fees, deposition transcript fees, etc., aggrieved parties, and particularly apartment and other small business owners, now wisely endeavor to avoid judicial litigation in favor of alternative dispute resolution proceedings.  Both plaintiffs and defendants frequently find that mediation and/or binding arbitration provide favorable alternatives to expensive and lengthy litigation.  [...]

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Why U.S. House Prices STILL Have Significant Upside – By Dr. Steve Sjuggerud

Posted on 01. Dec, 2015 by .

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You’re right… House prices have gone up – A LOT – in your area.
I know it. You don’t have to tell me. I see it, too. [...]

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Powers of Attorney: A Primer – By Edgar Saenz, Esq.

Posted on 01. Dec, 2015 by .

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A power of attorney (POA) is a writing giving someone else the power to act as agent for the grantor.  The person granting the powers is called the “principal.”  The agent is called the attorney-in-fact.  [...]

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CITY OF ALAMEDA PRESS RELEASE

Posted on 01. Dec, 2015 by .

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 Council Adopts Urgency Ordinance Prohibiting Rent Increases over 8%

and No Cause Evictions for 65 Days [...]

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The Importance of the Move-In Property Condition Checklist – By Sean Martin

Posted on 01. Dec, 2015 by .

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Perhaps the most important precursor to signing a lease agreement is the proper completion of a property condition checklist PRIOR to your tenant’s move-in.  The checklist is required to document the property’s condition, without which a rental owner [may have a difficult time] legally collecting or withholding any deposit money from the tenant. [...]

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Stay Ahead in the Vacancy Game! – By Jeffrey Taylor

Posted on 01. Dec, 2015 by .

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Every year, about 60 days out from year end, I ask if people are planning to move in the upcoming year. This year only one said yes (he’s leaving the Coast Guard and moving home.) I had his space rented more than 60 days before his lease is up, so that was good!

And this is why I do that: [...]

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Property Owners Prevail!! – By the SPOSFI Institute

Posted on 01. Dec, 2015 by .

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Small property owners of San Francisco Institute and local property owners have prevailed in opposing the second effort by San Francisco to substantially increase Ellis Act relocation payments. [...]

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Holiday Gift Ideas for Tenants – Size Doesn’t Matter – By Patricia A. Harris

Posted on 01. Dec, 2015 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!”

Sending/giving holiday gifts once a year to your tenants (customers) promotes good will, lets them know you appreciate them, can turn bad tenants into better ones and makes it a little easier for them to write those rent checks all year long.  Everyone wants to be appreciated and a small token of thanks can go a long way.  [...]

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