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Archive for February, 2016

Do You Have the Right Insurance Professional for Your Specific Needs?

Posted on 17. Feb, 2016 by .

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Are they the right agent for your unique exposures and insurance/risk management needs?

Is your agents an “independent agent” or a “captive agent” and why would this matter in selecting your insurance agent? 

Do they specialize in the apartment and/or real estate industry and does this really matter? 

Does your insurance agent have a part in the total premiums you pay and the necessary coverage you need? 

Finding, evaluating and purchasing insurance policies can be an overwhelming and daunting task.  This is one of the many reasons why we advise spending the effort and time in finding the right insurance partner to advise and guide you through this painful process.  The right insurance partner will review with you your insurance options and customize coverage and/or policy forms to fit your insurance and risk management needs.  All policies are not a one-size fits all solution so having the right agent partner is essential for every property owner.       

So how do you find the “right” insurance professional for your specific insurance and risk management needs?  Here are some helpful tips that will set you up for success with this search:  [...]

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MRLANDLORD.COM Tips On Management – By Jeffrey Taylor, “Mr. Landlord”

Posted on 01. Feb, 2016 by .

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Facebook Advertising – One Landlord’s Experience 

I believe Facebook marketing will be important consideration for future marketing/advertising if current trends continue. You can use Facebook marketing in multiple ways. Here is what I have done: [...]

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Legal Questions and Answers – by Dennis Block, Attorney

Posted on 01. Feb, 2016 by .

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Question One: I own a rent controlled building in the City of Los Angeles. I have a tenant that signed a one-year lease and currently is on a month to month tenancy. When the tenancy was initiated, he never paid the security deposit. He promised he would pay me after the first month, but that has never happened. I really do not like this tenant and would love to have him vacate. Have I waived my rights to demand payment of the security deposit and would that be a ground for eviction? [...]

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Mastering the Tenancy Lifecycle – By Julie Johnson

Posted on 01. Feb, 2016 by .

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There is one thing I can always depend upon as a rental property owner and that is eventually the tenant I just rented to will move out.

Vacancy is just one part of a natural cycle of rental property ownership.  Many landlords have [...]

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Economy Is Improving, Yet Most Americans Are Pessimistic – By Gary Halbert

Posted on 01. Feb, 2016 by .

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 The unemployment rate has declined for seven years; the economy has been in expansion for more than six years; and the stock market has more than tripled since 2009. Things are definitely better, right? Yet you wouldn’t know that based on the results of several recent polls. [...]

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Kim 2.0: A Moneymaker for Long-Term Tenants? – By Peter Reitz, SPOSF/SPOSFI Executive Director

Posted on 01. Feb, 2016 by .

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The “Tenant Protections Ordinance,” (Ord. 171-15), dubbed “Kim 2.0” after its main sponsor

Supervisor Jane Kim became effective on Nov. 9, 2015. While the new law made its intent clear, the details of its implementation were left to the Rent Board. At its November 10, 2015 meeting, the Rent Board decided that the law’s non-relative roommates’ provision would be applicable to existing leases (i.e., retroactively).   [...]

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Prevent Disease by Taking Care of HVAC Systems – By Cliff Hockley

Posted on 01. Feb, 2016 by .

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Why do HVAC Systems Need Regular Maintenance? 

Owners of commercial buildings sometimes overlook the maintenance of their HVAC (Heating Ventilating and Air Conditioning) systems.  I recently had a meeting with clients who own a 20,000 square foot building where they had installed a new HVAC system at the cost of $100,000.  Because it was new they thought it did not need a preventive maintenance plan.  I explained how this perception would not only put their $100,000 investment at risk, it would also endanger the health of their tenants.  [...]

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Legal Q & A When to Ask for Rent in Cash – By Franco Simone, Esq.

Posted on 01. Feb, 2016 by .

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Q: I have a tenant who has paid in checks for the past two months. I have not had any trouble cashing the checks; however I prefer to have cash. Can I demand that the tenant pay me in cash? [...]

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The Top Amenity Trend in 2016 for Today’s Residents – Property-Wide WiFi – By Eric Markow

Posted on 01. Feb, 2016 by .

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With widespread technology use by residents of all ages and the rise of the Millennial generation, property-wide WiFi, Gigabit speeds, WiFi calling and smart home features are what’s next in technology trends for apartments in 2015. [...]

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Judge Orders U.S. Landlord to Learn Islam – by Bob Unruh

Posted on 01. Feb, 2016 by .

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A judge has ordered a landlord who was involved in a dispute with a Muslim tenant to learn Islam as part of her punishment for a fight in which the renter was “pushed” down a flight of stairs – prompting a legal analyst to describe the action as “a constitutional outrage.” [...]

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