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Archive for September, 2013

Is An Apartment Landlord Liable For Dog Bites? – By Dale Alberstone, Esq.

Posted on 01. Sep, 2013 by .

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There is an old adage, “Every dog gets one free bite.”  While that is not true as to the liability of the canine’s owner, generally it is true for the owner of an apartment building whose tenant’s pet

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Garbage Collection Rates Increase Dramatically – By Henry Karnilowicz

Posted on 01. Sep, 2013 by .

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At our last general meeting, representatives from Recology spoke about the approximately 21% rate increase they are seeking for garbage collection, about average for the Bay Area counties. Recology’s position in applying for the hug rate increase is that it needs to raise rates to fund its programs and to offset rising fuel and operating […]

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Now is the Time to Invest in California Real Estate – By Bruce Norris

Posted on 01. Sep, 2013 by .

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In July, we spoke to a sold-out crowd of nearly 500 investors and real estate professionals at our “California Comeback 2: Fast, Furious & Dangerous” event.  In our 280-page report, with over 350 charts, I shared with the audience why

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Resident Appreciation – It Means Everything! © – by Ernest F. Oriente, The Coach

Posted on 01. Sep, 2013 by .

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Want to know the secret for keeping your residents forever?  And what if you could keep your properties full and plus have a waiting list, because your residents loved the way you appreciated them?  In this article, you will learn how easy it is to develop a powerful resident appreciation program.  Once in place, an […]

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The 5 Money-Making Advantages of Multi-Unit Investing – by David Lindahl

Posted on 01. Sep, 2013 by .

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Having rehabbed over 820 properties in the last 18 years and collected over 7,400 apartment units I’m often asked, how can I become wealthier faster investing in real estate? While most investors concentrate on some aspect of single-family houses, I was always interested in

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The FREE “Million Dollar Trade Show and Landlording Conference”! – Los Angeles, Thursday, September 26th!

Posted on 01. Sep, 2013 by .

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Mark your calendars for Thursday, September 26th for AOA’s “Million Dollar Trade Show and Landlording Conference” in Los Angeles. You will meet

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How to Manage Your Tenants by Mail – By Jay P. DeCima

Posted on 01. Sep, 2013 by .

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Managing tenants by mail is a totally different concept for most rental property owners.  In fact, even professional property managers will tell you it’s not likely to work very well because

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Letters to the Editor…

Posted on 01. Sep, 2013 by .

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Dear Mr. Faller: We hope this Email finds you well and ending a wonderful week. It is not often that we send complimentary letters, however, we thought it important to let you know the excellent advice and customer service we received this morning from Rebecca in yourSan Fernando Valleyoffice.  Not only was Rebecca knowledgeable but she […]

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This Probably Never Happened to You, But …. – By Finley Beven

Posted on 01. Sep, 2013 by .

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Can I Change the Locks? The tenant from #3 called, and she was very concerned.  She said that her co-tenant had moved out, but she was worried that he might return, un-announced.  She said that she had no particular reason to fear him, but just did not like the idea that he still had a […]

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How to Tell If You’re Rich – By Alexander Green

Posted on 01. Sep, 2013 by .

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One of the biggest points of contention in the last election was whether the rich pay their fair share of taxes. Polls show the majority of voters don’t believe

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The Changing Landscape of Evictions and a Few Things Landlords Can Do About It – By Michael A. Brennan, Eviction Attorney

Posted on 01. Sep, 2013 by .

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The eviction landscape has changed over the past two to three years. Due in large part to an increased number of tenant attorneys, jury trial demands, court closures and staff layoffs, evictions are costing landlords more money and taking longer than usual to resolve. Tenants and their attorneys attempt to force

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Discrimination – The Good, the Bad and the Ugly – By Zachary Lawrence JD

Posted on 01. Sep, 2013 by .

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Oxford Dictionary defines the word discrimination as ..”The unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age or sex.” If you are a prospective tenant in California, your rights are covered by

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Corruption in Your Own Back Yard – By Jon Coupal

Posted on 01. Sep, 2013 by .

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A recent front page story in the Los Angeles Times raised the curtain on a dirty little secret that local school officials don’t want the public to know. Many school boards throughout California have indulged in a process that can best be described as “bribery and money laundering” which grossly inflates the cost of

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History-Making Government Solar Incentives Now Offered! – By Ted Bavin

Posted on 01. Sep, 2013 by .

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Multi-Family Dwelling Owners to Benefit the Most! For the first time in history, solar hot water systems (SHW) will pay for themselves in one to three years! This is due to simultaneous incentives now being offered by the state of California and the Federal government. This “perfect storm” of incentives has aligned to make this […]

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Don’t Leave ‘Em with Two Nickels to Rub Together – By Jon Coupal

Posted on 01. Sep, 2013 by .

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In a bunker somewhere in Sacramento, a secret committee meeting of state power brokers is taking place. Let’s listen in as the chairman addresses the members: “Welcome to this week’s meeting of the ‘Don’t Leave Them With

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IRS on Warpath Against Real Estate Investors – By Philip Panitz, Tax Attorney

Posted on 01. Sep, 2013 by .

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The IRS is on the warpath against real estate investors.  Perfect.  You’ve taken money out of the failing stock market, or prudently decided to put it in real estate before the stock market even sniffed apocalypse.  You have your rental properties in

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Across the Board Rent Increases Keep Rental Housing in the Spotlight – By Sarah Bridge

Posted on 01. Sep, 2013 by .

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According to the RealFacts, LLC’s most recent survey conducted in June, 2013 rents are up across the board in every market across the country.  Of the 41 markets published, rents were up in 39 of them and remained flat in

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50 “PROBABLY IMPOSSIBLE” Tenant Alerts – By Jeff Taylor, “Mr. Landlord”

Posted on 01. Sep, 2013 by .

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One of the most popular questions of the week at www.mrlandlord.com was “What tip offs do you all use to spot those “probably impossible” types before they get into your units?” Your own experiences must have given you quite a few tell tale tip offs that there will most likely be trouble and it is always […]

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Why Real Estate Mortgage Interest Rates Are Rising – By Rick Tobin

Posted on 01. Sep, 2013 by .

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Mortgage interest rates are rising in spite of a sluggishU.S.economy. The 30-year fixed rate recently increased the most in one week since mid-April 1987.  Freddie Mac reported that the average national Fixed Rate Mortgage (FRM) reached

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Another Historic Victory for Property Owners! – By Rob Rivett

Posted on 01. Sep, 2013 by .

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Score another huge win for the nation’s property owners!  The Supreme Court rules for Pacific Legal Foundation’s (PLF) property rights case inFlorida. The U.S. Supreme Court’s ruling Tuesday

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Something to Think About #12: Don’t Sell. If You Do, Don’t Carry – By Klarise Yahya, Commercial Loan Broker, DRE: 0095710 MLO: 249261

Posted on 01. Sep, 2013 by .

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Sell If the purchase was made for the right reasons, there are few truly compelling reasons to sell. You’re moving toMissouri? Can’t you hire a Certified Property Manager to handle your local properties? Disagreeable tenants? If you sell, the current tenant problem

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Common Mistakes in 3-Day Notices – by Franco Simone, Esq.

Posted on 01. Sep, 2013 by .

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This month’s article will cover some of the common flaws made by landlords in drafting and serving a three day notice to pay rent or quit in residential tenancies.  Getting your three day notice right is crucial to

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Legal Q & A – By Richard Beckman. Attorney

Posted on 01. Sep, 2013 by .

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Question 1:  I have a two-year lease with my tenant inSan Francisco. The renter told me he lost his job and would move out of the unit and apply the deposit money towards

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Legal Q & A by Dennis P. Block, Attorney

Posted on 01. Sep, 2013 by .

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Question One: Can I serve both a Three-Day to Pay the Rent and a Notice to Perform Covenant or Quit at the same time? Answer One: This is certainly permissible. If a tenant owes rent and also has failed

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