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Archive for December, 2013

Changes to the New Smoke Detector Law – By Michael A. Brennan, Attorney

Posted on 01. Dec, 2013 by .

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UPDATE:  Recently, I wrote an article on the new laws going into effect on January 1, 2014 concerning smoke and carbon monoxide detectors. The article created

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10 Easy Ways to Spruce Up Your Rental or Rehab – by Attorney William Bronchick, Attorney, legalwiz.com

Posted on 01. Dec, 2013 by .

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It’s easy to fix up your properties if you have unlimited cash. However, you need to keep your repairs to a minimum to stay profitable. You also need to keep your properties

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How to Lease an Apartment That Isn’t Rent-Ready – by Joyce Kirby

Posted on 01. Dec, 2013 by .

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While market conditions continue to fluctuate, there may be times when you find yourself in a situation where you have no apartments to show.  Maybe you don’t have a model or the one you have is “out of commission” or you are in a “make ready” process with the vacant apartments that are available.  Recently, […]

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The Case of the Noisy Baby – By Zachary Lawrence J.D.

Posted on 01. Dec, 2013 by .

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Comedian Jerry Seinfeld compared babies to an electric blender, filled with food, turned on full power and without the lid!  Having raised two children, I confirm

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California Landlording Quiz – Will You Pass or Will You Pay? – By Patricia A. Harris

Posted on 01. Dec, 2013 by .

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The Californialandlording quiz below is based on laws and landlording rules that should already be or become a part of your management procedures.  The purpose of the quiz is to keep

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Tenant Hardship Exemptions for Capital Improvement Pass-throughs Made Easier – By Peter Reitz

Posted on 01. Dec, 2013 by .

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Mayor Ed Lee and Supervisors David Chiu and Jane Kim recently introduced legislation meant to simplify and provide standards for residential tenant hardship

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11 Mistakes Inexperienced Landlords Make – By Katie Adams

Posted on 01. Dec, 2013 by .

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With the housing market collapse, many investors who have been fortunate enough to preserve their cash or maintain access to credit are snapping up incredible deals on residential properties to

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Economic Trends – By Gary Halbert

Posted on 01. Dec, 2013 by .

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Economy Gaining Ground or Treading Water? Recent economic reports continue to be mixed overall, which argues that this lackluster recovery will continue to disappoint. However, some forecasters are feeling a little more upbeat in the last few weeks. Here are a couple of reasons why. First, there are hopeful signs that consumer spending could improve […]

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Legal Q & A – by Richard Beckman, Attorney

Posted on 01. Dec, 2013 by .

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Question 1: We just received a judgment against our former tenants as a result of an Unlawful Detainer.  How do we get this information recorded on their credit report? Answer 1: Judgments are generally

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New San Francisco Smoke Free Disclosure Policy is Now in Effect – San Francisco Tobacco Free Project

Posted on 01. Dec, 2013 by .

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Attention All Multifamily Property Owners:  The San Francisco Board of Supervisors recently amended the San Francisco Health Code by

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Letter to the Editor – Northern California – Help Stop Plan Bay Area!

Posted on 01. Dec, 2013 by .

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Dear AOA: We are suing to stop Plan Bay Area, the nine county 101 city land use and transportation plan which is a violation of our constitutional rights and a shocking

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Legal Q & A – by Dennis Block, Attorney

Posted on 01. Dec, 2013 by .

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Question One: We have a tenant that has a medical marijuana license to smoke marijuana. We had all of our tenants sign a “Smoke Free Addendum” that allows smoking

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Three Important Steps for a Positive and Profitable Employee Review © – by Ernest F. Oriente

Posted on 01. Dec, 2013 by .

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Can employee reviews really be positive and profitable?  You bet!  Follow the steps in this article and the changes in your property management company will be felt immediately!  How you and your company handle each employee review is a

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Something to Think About #15 – Just One Darned Bubble After Another – By Klarise Yahya, Commercial Loan Broker – DRE: 00957107 MLO: 249261

Posted on 01. Dec, 2013 by .

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Single family home prices have not collapsed because the banks, the guys who had to dump all those foreclosed homes, sold them in bulk to investors like American Homes 4 Rent (bought 20,000 homes or Blackstone Group who

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Filling Your Vacancy – Prepare Your Unit Before Your Viewing – By Bill Biko

Posted on 01. Dec, 2013 by .

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Show Up Early Many of the landlord tips I suggest are really common sense, but yet they aren’t done by landlords. This one regards meeting tenants for potential viewings. When you have a tenant viewing booked, do you show up just moments before the tenants do? Or worse yet – after they do? Showing up […]

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Property Owners – Never See Another Paper Check Again – By Arsen Samvelian

Posted on 01. Dec, 2013 by .

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“Tenants are using new technology to pay their rent more than ever before” When it comes to the payment the rent, tenants now have several options to pay their rent. Whether they choose to pay with cash, electronically, or by paper check, the most important thing

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What Conservatives Get Wrong About the Shutdown – From Laissez Faire Today

Posted on 01. Dec, 2013 by .

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[AOA’s Note:  As you are reading this, the government shutdown has probably come and gone, but the truth expressed is still valid!] Civil disobedience could be a dangerous thing.  In fact, it might

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Top 10 Multifamily Resident Complaints – By J Turner Research

Posted on 01. Dec, 2013 by .

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A leading marketing research firm exclusively serving the multifamily industry, J Turner Research, recently announced a ranking of the top 10 apartment resident complaint

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Obey the Law – DON’T Tell the Truth! – By Katie Poole-Hussa

Posted on 01. Dec, 2013 by .

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How do you, as a property manager, respond when a potential applicant asks you for information about the racial, ethnic, religious or family composition of an available unit, neighborhood or

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Can Landlords Hold Weekend Open Houses On Tenant-Occupied Units? – By Dale Alberstone, Esq.

Posted on 01. Dec, 2013 by .

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Hello everybody.  My discussion this month addresses the issue of whether a residential landlord can hold weekend Open Houses on property occupied by an existing tenant. When a renter gives

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Move ‘Em In, Move ‘Em Out the Right Way – By Lauren Ginder

Posted on 01. Dec, 2013 by .

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While searching unique perspectives on move-ins and move-outs in the property management world, I kept attempting to resort to a metaphor.  Then I came across the origin of the word metaphor itself, which

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Why Higher Business Property Taxes Would Hurt Homeowners – By Jon Coupal

Posted on 01. Dec, 2013 by .

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Efforts to increase taxes on business property put homeowners in peril; here’s why. Sacramento can never get enough tax money to satisfy the political class. AlthoughCalifornia has the highest state sales tax, highest marginal income

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New Construction and Government Shutdown Don’t Deter Rent Growth …Yet – By Sarah Bridge, RealFacts, LLC

Posted on 01. Dec, 2013 by .

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Despite headline news speaking to the adverse consequences of the U.S. government shutdown, the first in seventeen years, the rental market seems insulated from possible demise.  With all arrows pointing to rent decline, such as

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12 Tips for Being a Good Landlord and Having Happy Tenants – By Sharon Vornholt

Posted on 01. Dec, 2013 by .

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Every landlord would like to lower the turnover in their properties. It’s costly to attract and retain good tenants, not to mention the costs you incur when they move out and you have to turn a

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