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Archive for May, 2014

Why Are Rents and Prices Increasing? – By Rick Tobin

Posted on 01. May, 2014 by .

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I’m sitting here scratching my head and wondering how today’s reality of asset price booms, skyrocketing rental increases, and a sluggish U.S.economy makes any sense. How is it possible

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How to Handle Residents that Hoard – By Lynn Dover

Posted on 01. May, 2014 by .

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Resident hoarding can cause significant health and safety problems, both in the hoarder’s unit and in neighboring units.  Hoarding can create pest infestations, mold problems, increase

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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. May, 2014 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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Rent Control for Culver City? – Article by Calvin Alagot

Posted on 01. May, 2014 by .

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Rent Control Issue Looms for Residents, Landlords and City Council  Culver City natives Kim and Jose Garcia lived at 4047 Duquesne Ave. for 19 years until 2013, when a new landlord doubled their rent from $975 to $1,900.

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Attention all Landlords in Los Angeles – You Should Know About John Wong, Candidate for L.A. County Tax Assessor – Wong is Right – An interview conducted by Bill Hooey

Posted on 01. May, 2014 by .

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If you’re a landlord who owns rental property in the County of Los Angeles, you should know about those who are seeking to be elected as the Los Angeles County Assessor and what they stand for.   It could affect how much you pay

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The Unlawful Detainer Process (In a Nutshell) – By Scott Harris, Attorney

Posted on 01. May, 2014 by .

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Virtually every landlord has experienced a problem tenant. Whether the tenant has failed to pay the rent, failed to vacate, becomes a nuisance or is committing waste, etc., the ultimate remedy lies within a court action called

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It’s Here! The FREE “Million Dollar” Trade Show and Landlording Conference! – Thursday, May 15th at the Long Beach Convention Center – Hall C

Posted on 01. May, 2014 by .

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Mark your calendars for Thursday, May 15th for AOA’s “Million Dollar Trade Show and Landlording Conference” in Long Beach. You will meet just about every

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Focus on the Prospective Resident – By Joyce Kirby

Posted on 01. May, 2014 by .

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Life is full of interruptions.  Yet we must find a way to strike a balance so that all the URGENT things coming at us do not pull us away from the most important tasks at hand. In the property management industry

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That Terrible Four Letter Word – MOLD! – By Ernie Dittmann

Posted on 01. May, 2014 by .

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Unfortunately, thePacific Northwestis a great environment ripe with all the components necessary to allow mold growth to be a very common problem – lots of mold spores, moisture, correct temperature range

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Love Your Job as a Landlord – By Katie Poole-Hussa

Posted on 01. May, 2014 by .

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I’m going to bet that you probably haven’t heard many people say that they love being a landlord.  If anything, you’ve heard the cons, hatred and horrific stories of doing

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Californians Still Believe in Proposition 13 Taxpayer Protections – By Jon Coupal

Posted on 01. May, 2014 by .

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A statewide survey commissioned by the Howard Jarvis Taxpayers Association shows Californians continue to support Proposition 13 and the two-thirds vote requirement to boost taxes on

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Are You Breaking Landlord Rule Number 7? – By Robert Cain

Posted on 01. May, 2014 by .

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How do landlords screen tenants? The US Census Bureau’s Property Owners and Managers Survey shed some interesting light on screening methods. Many do it by breaking Rule Number 7.

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The Financial Benefits of Reducing Move-Outs – By Lori Hammond

Posted on 01. May, 2014 by .

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The related costs of apartment turnover are often included in discussions of the impact of turnover on an apartment community.  Expenses include: 

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U.S. Economy May be Stuck in Slow Lane Long-Term – By Gary D. Halbert

Posted on 01. May, 2014 by .

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In the 4½ years since the Great Recession ended, millions of Americans who have gone without jobs or raises in this slow growth economy are asking Is this as good as

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Save Money and Reduce Air Conditioning Bills! – by Eugene Dasov

Posted on 01. May, 2014 by .

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As the almanac predicts; the summer of 2014 will be the driest summer in over 100 years expected to break records from 1947 and 1953. If your central air conditioner is not working properly, than you can bet your units will not be cool and your tenants

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Something to Think About # 20 – Risk – By Klarise Yahya, Commercial Loan Broker – BRE: 00957107, MLO: 249261

Posted on 01. May, 2014 by .

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You’ve heard the saying, “To win big you’ve got to bet big?” That pretty much incorporates the essence of Risk right there: there are two sides to it. “Risk” is not the

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Legal Q & A Warranty of Habitability – by Franco Simone, Esq.

Posted on 01. May, 2014 by .

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Q:  I own an old house that is in need of many repairs.  I don’t have the money to fix up the house so I rent it out “as is.”  Now my tenants are claiming that the house

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Will California Revive Redevelopment Agencies? Eminent Domain Abuse Could Come Back to California, Along With Mountains of Debt – By the Institute for Justice

Posted on 01. May, 2014 by .

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Will an old law that threatened private property and encouraged fiscal irresponsibility be returning toCalifornia? A new statewide initiative seeks to resurrect aCalifornia law that enabled unelected governmental agencies to use

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Legal Q & A – By Richard Beckman, Attorney

Posted on 01. May, 2014 by .

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Question 1: I recently asked a tenant to vacate our duplex in Cupertino. We had to do significant termite work, including fumigation, and in addition, they always had many people staying over, causing undue wear and tear

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14 Ideas For Zero Resident Turnover – By Brent Williams

Posted on 01. May, 2014 by .

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It has been said that there will always be resident turnover at some point.  Well, this got me thinking – what would be the steps to approach zero resident turnover?  Obviously, zero resident turnover is

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Legal Q & A – By Dennis Block, Attorney

Posted on 01. May, 2014 by .

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Question One: I recently initiated an unlawful detainer against a tenant who had failed to pay his rent. The tenant engaged the services of free public counsel and they have requested a jury. In my lease agreement, it specifically prohibits

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The Duty of Real Estate Brokers to Accurately Disclose Information in MLS Listings – By Dale Alberstone, Esq.

Posted on 01. May, 2014 by .

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Hello everybody.  First a bit of trivia:  The California Department of Real Estate no longer exists.  The DRE has been taken over by the California Department of Consumer Affairs and Consumer Affairs then changed the DRE’s name to the Bureau of Real Estate.  Cost savings is the reason

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California High Taxes and the So-Called Balance Budget! – By Erik Rosales

Posted on 01. May, 2014 by .

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Have you stopped to consider how high your taxes are? If you live inCalifornia, you are taxed at a higher rate than nearly any other state.  Some say California taxes you for

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Housing Outlook 2014 – One for the Books – by Bruce Norris, The Norris Group

Posted on 01. May, 2014 by .

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If you owned property at the beginning of 2013, you have to have a smile on your face today – right? After a near-record price increase in 2013, many headed into 2014 full of consternation. John Burns, who was a delight to

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Do Tenant Activists, City and State Officials Own Our Properties? – By Noni Richen, SPOSF/SPOSFI President

Posted on 01. May, 2014 by .

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Our “progressive” supervisors and state legislators, with the enthusiastic support of the Mayor, are tripping over themselves to come up with new ways to make life tougher forSan Francisco’s housing providers. Hardly had we completed filing our lawsuit

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

Posted on 01. May, 2014 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 multi-units (apartments) first, and then single-family homes as a means of […]

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