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Archive for April, 2013

Pending Legislation Seeks to get a Handle on Short-Term Rentals in San Francisco – By Noni Richen

Posted on 01. Apr, 2013 by .

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San Francisco is the nation’s top destination for travelers of all ages. Our city’s attributes, within tight geographical boundaries, make for hotel rates that exceed those of many other cities, thereby creating an incentive for visitors to seek alternatives to pricey hotels. The short-term rental is a form of lodging that is very attractive to […]

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Death Tax Rates in 2013 – by Edgar Saenz, Esq.

Posted on 01. Apr, 2013 by .

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The fiscal cliff deal reached by Congress and the White House at the start of the year gave long-absent stability to estate tax rates and exemptions.  Here are the highlights: The federal estate or death tax rate for persons dying in 2013 is 40 percent.  The exemption is $5.25 million.  There is no state death […]

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It’s Here! The FREE “Million Dollar Trade Show and Landlording Conference”!

Posted on 01. Apr, 2013 by .

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Thursday, April 25th at theLong BeachConvention Center Hall C Mark your calendars for Thursday, April 25th for AOA’s “Million Dollar Trade Show and Landlording Conference” in Long Beach. You will meet just about every contractor and vendor you will ever need… it’s called the “Million Dollar Event” of the year. Be sure to attend  and […]

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How to Protect Your Real Estate Assets in Two Simple Steps – By Blair Jackson, J.D.

Posted on 01. Apr, 2013 by .

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If you haven’t been sued yet, you haven’t lived long enough.  As a real estate investor, you are walking around with a target on your back because you’re easy to identify, easy to sue,and appear to have a deep pocket.  Everyday real estate investors can lose all of their

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More Data Suggests a New Housing Boom Has Begun – By Cullen Roche

Posted on 01. Apr, 2013 by .

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A version of this article first appeared on February 7, 2013 in the Daily Crux, published by Stansberry & Associates Investment Research, an independent investment research firm.  You can visit them at www.stansberryresearch.com. From PragCap If you’re looking for things I’ve been wrong about recently you can chalk housing up on the list.  Last year […]

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Something to Think About #7 – Secular Shift – By Klarise Yahya, Commercial Loan Broker, DRE: 0095710 MLO: 249261

Posted on 01. Apr, 2013 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 www.LuLu.com. Arithmetic Net Operating Income (NOI) divided by Price equals Cap Rate. Ex 1: If we have an investment valued at $100,000 and it pops out a $5,000 NOI, we’re making a […]

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Wanted: A Loyal Opposition – By Jon Coupal

Posted on 01. Apr, 2013 by .

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 At the core of this advice from the “School of the Obvious” is that the GOP must get more votes.  However, to accomplish this, they are told that they need to act more like Democrats.  If all that counts is being elected and getting the salary and the perks that go with it, then what […]

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Small Claims Court Update – By: Melissa V. King, Esq.

Posted on 01. Apr, 2013 by .

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Q: In San Diego, what is the maximum amount that can be awarded in Small Claims Court? A:  The maximum amount an individual may be sued for in Small Claims Court is now $10,000.      As of January 1, 2012, SenateBill 221 increased the Small Claims Court jurisdictional limit from $7,500 to $10,000. While there are […]

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Legal Question and Answers – by Dennis Block

Posted on 01. Apr, 2013 by .

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Question One: I served my tenant with a 60-day notice to vacate. After 30 days, the tenant vacated without any notice. I deducted one month’s rent from her security and she is now threatening to take me to small claims court. Her position is that since she found an acceptable apartment within the 60 days, […]

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House Prices, Real House Prices and Price-to-Rent Ratio – By Bill McBride

Posted on 01. Apr, 2013 by .

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There is a clear seasonal pattern for house prices, and earlier this year I predicted that the Case-Shiller indexes would turn negative month-to-month in October 2012 on a Not Seasonally Adjusted (NSA) basis.  That is the normal seasonal pattern. Also I expected smaller month-to-month declines this winter than for the same months last year. Sure enough, […]

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Resident Manager Laws For 2013 – By Dale Alberstone, Esq.

Posted on 01. Apr, 2013 by .

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Hello everybody.  As you may suspect, litigation continues to be filed in record numbers by resident managers against apartment owners and management companies for  violations of wage and residency laws. The amounts managers demand are staggering.  For example, in a matter I recently handled for a client, the former resident manager was demanding payment from

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How to Improve Your Real Estate Investment Profits – By Cliff Hockley

Posted on 01. Apr, 2013 by .

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A few months ago I had the opportunity to address 100 real estate investors at a dinner meeting. It was a great evening of give and take.  My goal was to help them focus on

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Los AngelesCityRent Stabilization – Reminders and Updates – by Patricia A. Harris

Posted on 01. Apr, 2013 by .

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Hopefully, if you own in the City ofLos Angelesand are under the L.A. Rent Stabilization Ordinance, you have already paid your building’s registration fees of $24.51 per unit which was due

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FORECASTS & TRENDS Good News and Bad News on the Economy – by Gary D. Halbert

Posted on 01. Apr, 2013 by .

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Obviously, the most significant economic news in recent weeks was the surprising January 30 report showing that fourth quarter GDP declined by 0.1% (annual rate). While that report may be revised slightly upward later this month, it was still a big surprise. As a result of that unexpected report, most economists have been revising their […]

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How to Improve Your Real Estate Investment Profits

Posted on 01. Apr, 2013 by .

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By Cliff Hockley A few months ago I had the opportunity to address 100 real estate investors at a dinner meeting. It was a great evening of give and take. My goal was to help them focus on improving the profitability of their real estate investments.  We discussed the following:

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5 Characteristics of Highly Successful Real Estate Investors – By Jim Ingersoll

Posted on 01. Apr, 2013 by .

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   A lot of people are jumping into real estate again. They’ve heard the news that the market has reached the bottom and that this could be the best market of our generation. They’ve heard the good news that there is still a lot of distressed housing out there and that real estate can be […]

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An Exit Strategy That Defers Tax Liability and Increases Cash Flow – by Anne Baber, Investment Real Estate Broker

Posted on 01. Apr, 2013 by .

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The sky is falling, the sky is falling………..(Chicken Little, the main character in a children’s fable) There are several Western versions of the Chicken Little folktale, of which the best known concerns a chick that believes the sky is falling when an acorn falls on his head. The chick decides to tell the King and […]

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Discover How to Get Two or Three Times More Rent and Much Better Tenants Without Section 8 – By Nick Sidoti, “Dr. Cashflow”

Posted on 01. Apr, 2013 by .

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You have heard it all before.  Some of us have even said it ourselves, “Being a landlord can be a pain.”  Most people in this country will agree that it makes a lot of sense to buy property and invest in real estate.  We also know all the benefits of investing in real estate.  You […]

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How Essential is Property Management in Apartment Investing Success? – by David Lindahl

Posted on 01. Apr, 2013 by .

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There is a belief among some apartment investors that they can get away without having a professional property management person/company on site in order to keep more cash in their pockets. The stark reality is that next to collecting the rents, property management is at the top of the list of essentials in the apartment […]

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Legal Q & A – by Richard Beckman, Attorney

Posted on 01. Apr, 2013 by .

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Question 1: I am a landlord of a six unit apartment building in San Francisco.  I have a tenant with a long-term tenancy (over 20 years) who is a senior citizen.  She says she can no longer get into the claw foot tub (21″ high) and would like to remodel the bathroom with a standard […]

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Bad News for Landlords – the Great Eviction Slow Down – By H.G. Long, Attorney

Posted on 01. Apr, 2013 by .

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Have you noticed that over the last couple of years that the eviction process has taken much longer?   Years ago, the process for an uncontested eviction took about 30 days.   Today, that process takes about 45 days.  Unfortunately, the process is about to take much longer

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Landlord to Pay Tenant $6,000 For Property Taken From Apartment – By C.D. Publications

Posted on 01. Apr, 2013 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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How to Protect Tenant Information from Identity Theft – By Hub International

Posted on 01. Apr, 2013 by .

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As a property manager, you handle a large volume of personal information. Not only do you have to keep existing tenants’ information on hand, but you also have information collected from prospective tenants during the rental process. Sensitive personal information, like social security and driver’s license numbers, are essential for, among other things

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Fair Housing Overview: Part 1 – By Michael A. Brennan, Esq.

Posted on 01. Apr, 2013 by .

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Americans believe in the fundamental principle of equal opportunity for all citizens. Toward that belief, theUnited Statesand each state within it have developed laws designed to provide equal opportunity in housing for everyone. However, the area of law known as “Fair Housing” has grown in scope and depth to a point that most landlords

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20 Percent Increase in Home Prices Predicted!

Posted on 01. Apr, 2013 by .

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Remember the days when residential real estate gained equity each year?  It’s happening again in California, and a year from now homeowners could see as much as a 20 percent increase in the median price of homes across the state, according to Bruce Norris, a Riverside-based real estate analyst and principal of The Norris Group. […]

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