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

Archive for October, 2016

City is Sued for Attempting Unjustified Snooping on Rental Property – by Meriem Hubbard and Wencong Fa, Attorneys-at-Law

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

In a legal case that should interest rental property owners statewide, the City of Highland in San Bernardino County is being sued for trying to arm-twist landlords and tenants into allowing warrantless inspections of their homes. 

In other words, the city is trying to coerce property owners and tenants into surrendering a fundamental constitutional protection: the Fourth Amendment’s guarantee that government officials cannot search private property unless they first obtain a warrant.

To be sure, the plaintiffs in this case –  property owner Karl Trautwein and the tenants in one of the homes he owns – have nothing at all to hide.  An investor with a number of homes around Southern California, Karl takes pride in maintaining all his properties to a high standard and keeping tenants satisfied. [...]

Continue Reading

He Said, She Said – By Zachary Lawrence JD

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

When I was a kid, we’d play a game called “Telephone”.  A group would sit in a line of chairs and the first person would whisper a statement into the ear of the person sitting next to him or her.  Let’s pretend that the whispered statement was,  “I enjoy driving fast cars”. [...]

Continue Reading

7 Great Reasons to Invest in Smaller Multifamily Real Estate – by Richard Montgomery

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

Are smaller multifamily buildings a better fit for many real estate investors than larger multifamily commercial buildings? Investor Richard Montgomery takes on this question from a reader. [...]

Continue Reading

Urgent Tax Alert for Apartment Owners with Larger Estates! Last Chance to Use Discounts to Save Estate and Gift Taxes? – By AOA Member and Estate Planning Attorney, Kenneth Ziskin

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

If you have, or expect to develop, a “taxable” estate (more than the estate and gift tax exclusion amounts which now protect nearly an $11 million estate for a married couple), newly Proposed IRS Regulations make it IMPERITIVE that you consider advanced estate tax planning NOWThe new Proposed Regulations, released in August, are designed to take away the ability to use many discount strategies that can eliminate (or substantially reduce) estate and gift taxes for those of you who would otherwise face these taxes. [...]

Continue Reading

Resident Managers: Sick Leave Law Updated – By Dale Alberstone, Esq.

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

Hello everybody.  As most AOA members know, last year the State of California enacted a so-called “Sick Leave Law” to provide paid time off for California employees.  Under that legislation, all employers who employ one or more individuals that work in California for 30 days or more per year must provide those employees with paid sick leave time off. [...]

Continue Reading

5 Keys That Sway Tenant Decisions bout Your Rentals By Larry Arth

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

When a tenant decides whether or not your rental is right for their next home, what are some of the key things that will lead them to sign your lease and not the lease of one of your competitors?

Do you know the key factors? [...]

Continue Reading

Why You Should use a Ratio Utility Billing System – By Jerry Baker

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

For entities who wish to bill for water, sewer, gas, or electricity, submetering may not be an option due to construction restrictions or, a limited budget. As such, owners, and operators are left searching for alternatives in the absence of submetering. The most equitable alternative is to deploy a Ratio Utility Billing System, commonly referred to as “RUBS”. [...]

Continue Reading

Legal Q & A Serving the 3-Day Notice to Pay or Quit – by Franco Simone, Esq.

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

Q:  I served my 3-Day Notice to Pay or Quit and accidentally made it for the full amount when they paid $50 this month. Does it matter what the amount says? They still owe me the rest of the month. [...]

Continue Reading

90% of Americans Are Worse Off Financially Today Than in 1970s – By Gary Halbert

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

A recent study from the Levy Economics Institute found that 90% of Americans were worse off financially in 2015 than at any time since the early 1970s. Furthermore, for the vast majority of Americans, the nation’s economy is in a prolonged stagnation, far worse than that of Japan. Worse than Japan? [...]

Continue Reading

Legal Q & A – by Dennis Block, Attorney

Posted on 01. Oct, 2016 by .

0
Facebook Twitter Email Linkedin Digg

Question One: Prior to moving into my apartment, my tenant asked me to remove my refrigerator as she had her own unit. It is has been four years and the refrigerator has stopped working. She is stating that I am responsible to repair or replace this unit. Am I legally responsible? [...]

Continue Reading