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Archive for September, 2012

Smoking and Tobacco Regulations for San Jose and Union City Provided – by Offices of City Clerks

Posted on 15. Sep, 2012 by .

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UNION CITY The City of Union City promotes a healthy living environment and protects non-smokers from exposure to secondhand smoke where they live, work, and play. In November 2010, the City Council restricted smoking in rental complex units, unenclosed common areas, and outdoor dining spaces.  Key requirements are as follows:

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Your Real Estate Agent: Secret Weapon or Liability? – By Christian Losness (Northern California)

Posted on 15. Sep, 2012 by .

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There are over 160,000 licensed real estate agents in California. When it comes to investment real estate, specifically apartments, the number of qualified agents drops dramatically. In the Bay Area, there are about 75 agents who specialize in apartments. Of those 75 agents, only about half of them conduct regular transactions.

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Shoptalk Service Evaluations Qualifying Prospective Renters – By Joyce Kirby

Posted on 15. Sep, 2012 by .

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Qualifying prospective renters can seem especially challenging when you must establish their eligibility to rent based upon income.  While it is necessary to determine if callers and visitors can qualify to rent at your community, coming right out and asking someone for their annual income can be perceived as an invasion of privacy.  (Would you […]

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Connecting Your Community with Wi-Fi – By Timothy Phillips

Posted on 15. Sep, 2012 by .

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As a property manager, you are a business, and tenants are your customers! Although the term isn’t commonly used, the meaning is true. Your job, of course, is to keep your customers happy so they don’t move out. You have other customers too, of course “ the property owner “ and although there is sometimes […]

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From Bad to Worse – By Jon Coupal

Posted on 15. Sep, 2012 by .

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In Sacramento, the appalling consequences of one party rule have become manifest. Last summer, I wrote about one party rule in the Legislature and pointed out the similarities with the early days of Fascist Italy, where the party gained control of the Italian Parliament through intimidation. I concluded, Today in Sacramento, to impose one political […]

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MRLANDLORD.COM Tips on Management WHAT TENANTS SHOULD BRING WHEN SEEING YOUR PROPERTY – By Jeffrey Taylor

Posted on 15. Sep, 2012 by .

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Once you’ve decided how you’re going to show your rental, you need to make sure the prospect meets you there with as much of their needed information as possible. You don’t want to make unnecessary trips showing the property if you can help it, and having all needed paperwork and information required by you at […]

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Nine Easy Fall Maintenance Projects – By Barbara Winfield

Posted on 15. Sep, 2012 by .

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Caulk Windows Be sure to caulk around windows and doorframes to prevent heat from escaping.  Caulking and sealing openings is one of the least expensive maintenance jobs.  Openings in the structure can cause water to get in which results in cracks and mold build up.

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Indiana Woman Imprisoned in Fair Housing Race Case – By Joe Becker, Fair Housing Council of Oregon

Posted on 15. Sep, 2012 by .

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Any form of illegal housing discrimination is wrong and unacceptable but stories that involve threats and intimidation don’t often make the news. Following is a story from the Indianapolis Recorder Newspaper which Brandon A. Perry authored an article entitled Threats and intimidation, July 28, 2011.

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How to Cut Maintenance Costs by 25% on Rental Properties – By Doug Smith

Posted on 15. Sep, 2012 by .

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This article is reprinted here with permission from Creative Real Estate Online at http://www.creonline.com Current market conditions have made investing in long-term rental property more appealing than ever. If you buy a few rental properties and self-manage them, you’ll have several duties (in addition to cashing checks). One of the biggest is trying to keep […]

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Some of the Worst Mistakes Small Property Owners Can Make – By the Small Property Owners Association, Cambridge, Mass.

Posted on 15. Sep, 2012 by .

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Owning rental property can be a rewarding part-time or full-time business for many families.  ‘s a traditional way many American families have gotten ahead.  We recommend it.  We enjoy it.  But watch out “ if you don’t avoid the pitfalls, you can have some bad nightmares.  What you don’t know can hurt you.  Here are […]

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What to Do About Tenant Damages – By Robert L. Cain

Posted on 15. Sep, 2012 by .

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Tenants have a responsibility to use care when they live in a property. They do not have a license to do damage. While they are not responsible for ordinary wear and tear, they are responsible for deliberate or negligent damage, no matter who did it (except the landlord, of course). Proper care of the property […]

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The Tenant Move-In / Move-Out Is More Important Than You Realize! – By Bruce Kahn

Posted on 15. Sep, 2012 by .

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What happened to the good old days?  I am old enough to remember being told by real estate professionals about a time when business was conducted on a handshake.  One title officer, now retired, told me of a time when two gentlemen entered her office and told her that one was selling his property to […]

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Letter to the Editor¦ Massive New Taxes in San Diego

Posted on 15. Sep, 2012 by .

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Dear AOA: MiraCosta College in Oceanside and the San Dieguito High School District in the North County Coastal area are both proposing massive bond issues for this November. MiraCosta is going to ask for $500 million ($1 billion 50 million after fees and interest) and San Dieguito $450 million ($940 million after fees and interest).  […]

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Letters to the Editor¦

Posted on 15. Sep, 2012 by .

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Dear AOA: I am a 69 year-old woman who owns rental property and works part time. I totally agree with Alec Bernstein and Larry Schwimmer’s observations in their letters to the editor.  Your name-calling is offensive and in addition your reasoning lacks logic and you cherry pick facts. 

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Department of Labor & Industries Assesses Landlord Over $200,000! Written – by Duplex Owner

Posted on 15. Sep, 2012 by .

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Warning to Small Property and Business Owners – your properties or businesses can be taken by the Department of Labor & Industries (L & I) any time without warning (advance or otherwise) by claiming non-compliance of laws they have in place.

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Ways to Save Money, Benefit and Improve Your Bottom Line – By Erin McCary

Posted on 15. Sep, 2012 by .

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According to a 2010 Rent.com study, renters are twice as likely as non-renters (15 percent vs. 8 percent) to believe it’s the property owner’s responsibility to adhere to eco-friendly practices.  Furthermore, the demand of renters wanting to live in green communities is on the rise “ 9 in 10 Americans (86%) would prefer to live […]

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Common Costly Landlord Mistakes “ Am I Doing This Right? – By Patricia A. Harris

Posted on 15. Sep, 2012 by .

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With all of the laws governing California housing providers, it is easy to overlook your responsibilities as a landlord, which may result in financial hardships and legal problems.  To help make your business of providing housing a bit easier, I have compiled a list of the most common mistakes (and solutions) that AOA members have […]

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Tenant Wins Double Damages and Attorneys’ Fees Over Deposit – By C.D. Publications

Posted on 15. Sep, 2012 by .

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[Editor’s Note:  Landlord Law & Multi-Housing Report includes expert analysis of the latest legal developments in the rental housing sector as well as news about the multi-housing market, landlord-tenant relations and successful management strategies.  Rental housing laws vary from state to state and some may not be applicable to California; however, most cases contain valuable […]

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Bottom Line Landlording: Collect the Money! – By Jay P. DeCima

Posted on 15. Sep, 2012 by .

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One of the biggest problems for new landlords and part-timers is preparing themselves for the task.  Simply because you own rental properties doesn’t automatically make you a qualified landlord.  The fact is many property owners find out the hard way that there’s a lot more to landlording than meets the eye.

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Why Your Family Owes $700,000 – By Porter Stansberry

Posted on 15. Sep, 2012 by .

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Here is a review of what I think are the most critical facts in our country’s looming currency crisis. Most people still don’t understand the risks we face as a nation because of our feckless leaders and their reckless ignorance of basic economics.

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An Exchange of Opinions # 30 Low Interest: What’s Next? – By Klarise Yahya, Commercial Loan Broker, DRE: 0095710 MLO: 249261

Posted on 15. Sep, 2012 by .

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If you’ve missed some of the prior articles, basic beginner guidelines on successful investing are in my book Stairway to Wealth available at LuLu.com. What we might face: The Wall Street Journal recently published an article by Allan H. Meltzer. Meltzer is a professor of political economy at Carnegie Mellon University’s Tepper School, a visiting […]

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Legal Q & A – By Franco Simone, Esq. (San Diego)

Posted on 15. Sep, 2012 by .

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Q. When can I serve a 3-day Notice to Pay Rent or Quit? A. A three day notice to pay rent or quit can be served the day after rent is due.   Thus, if the rent is due on the first of the month then you could serve a 3-day Notice to Pay Rent or […]

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LEGAL Q & A – by Richard Beckman (Northern California)

Posted on 15. Sep, 2012 by .

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Question 1: Can a landlord get insurance against tenants failing to pay the rent? Answer 1: While this question is really best submitted to your insurance agent or broker, I was recently contacted by an insurance agent letting me know of a program in California which provides limited coverage to landlords in the event they […]

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Legal Q & A – by Dennis Block, Attorney

Posted on 15. Sep, 2012 by .

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Question One: I have a rent controlled property in the City of Los Angeles with a Section 8 tenant who is on a one-year lease that is expiring. I have been frustrated dealing with Section 8 and now I would like to terminate the program. I know I can terminate my Section 8 relationship but […]

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A Comparison of Indemnity and Hold Harmless Provisions in Contracts – By Dale Alberstone, Esq.

Posted on 12. Sep, 2012 by .

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Confusion abounds concerning the differences between the words indemnity and hold harmless as they appear in contracts. For example, in a buy sell agreement in which the purchaser buys a newly constructed apartment building directly from the owner/contractor who built it, the contract might provide:  Seller agrees to indemnify and hold buyer harmless from all […]

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What Does it Mean to be a Good Person?

Posted on 12. Sep, 2012 by .

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The below article was written by Eric Peters and a version of this article first appeared on June 18, 2012 in the Daily Crux, published by Stansberry & Associates Investment Research, an independent investment research firm.  You can visit them at www.stansberryresearch.com. One hears the term fairly often. So and so is a good person. […]

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Coming Next Month! The Big Million Dollar Trade Show and Landlording Conference And What Does It Mean to Be a Good Person?

Posted on 01. Sep, 2012 by .

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The Big Show You’ll want to mark your calendars for the big Million Dollar Trade Show and Landlording Conference next month where we’ll be giving away iPads and 5-day cruises. Come help us celebrate AOA’s 30th anniversary show which will be held on Wednesday, October 17th at the Los Angeles Convention Center in West Hall […]

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