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Archive for October, 2014

Lawsuit Filed Over Oakland’s Systematic Unfairness to Landlords! – By Pacific Legal Foundation

Posted on 01. Oct, 2014 by .

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 Pacific Legal Foundation (PLF), a national property rights organization, today stepped in to lead a legal fight against Oakland’s unfair — and illegal — treatment of rental property owners who try to challenge arbitrary fees and liens.

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Something to Think About #25 – Mortgage Carry – By Klarise Yahya, Commercial Loan Broker – BRE: 00957107 – MLO: 249261

Posted on 01. Oct, 2014 by .

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 The first part of this article will define the terms. The second part will review the use of capitalization rates, a critical element of mortgage carry calculations. The third section will address the

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Legal Q & A Tenants vs. Lodgers – by Franco Simone, Esq.

Posted on 01. Oct, 2014 by .

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Q:  What is the difference between a tenant and a lodger?

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Legal Q & A – by Richard Beckman, Attorney

Posted on 01. Oct, 2014 by .

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Question 1: A tenant in my Oakland duplex is late on rent. I am sending the 3 days to pay or quit notice but I wonder if I can write the $50.00 late fee into that notice. How am I to let my tenant know that he is responsible to pay the late fee per […]

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Legal Q & A – by Dennis Block, Attorney

Posted on 01. Oct, 2014 by .

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Question One:  I served my tenant with a 60 day notice to vacate which will expire on October 16, 2014. The tenant has sent me the full rent for October and states that he will not be vacating. What are my options?

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Who Has to Pay a Resident Manager’s Cell Phone Bill? – By Dale S. Alberstone, Esq.

Posted on 01. Oct, 2014 by .

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Hello everybody.   My discussion this month deals with the topic of whether an apartment owner or management company must pay the cell phone bill of its resident manager who uses a personal cell phone for work-related matters. 

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In the Life of a Landlord – By Jeffrey Taylor, “Mr. Landlord”

Posted on 01. Oct, 2014 by .

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Today I had a tenant in tears – but not because she was sad. A couple with a young child has been renting from me for a year during a low-paid graduate internship for the wife. They will be moving back home at the end of July. This morning I had some appointments scheduled to see […]

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It’s here!

Posted on 01. Oct, 2014 by .

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The FREE “Million Dollar Trade Show and Landlording Conference”! Wednesday, October 15th at the Los Angeles Convention Center – West Hall B

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We Must Protect Prop 13 and Stop Fraud and Corruption at the Assessor’s Office – By John Morris, Candidate for Los Angeles County Assessor

Posted on 01. Oct, 2014 by .

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Every newspaper in Los AngelesCounty has endorsed John Morris for Los Angeles County Assessor.  From the Los Angeles Times to the Daily News; from the Antelope Valley Press to the Long Beach Press

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Overreaching Regulators are Squeezing Liberty Out of Existence – By Richard W. Rahn

Posted on 01. Oct, 2014 by .

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 Did you ever buy a game or device for which the rule book or instruction manual was so thick and detailed that you were not able to comprehend it in a reasonable period of time, so you either discarded or failed to use the product?

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How to Qualify Your Applicants – By Tami Siewruk

Posted on 01. Oct, 2014 by .

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The purpose of qualifying is to make certain that the future resident can meet the needs of your community and vice versa.  Qualifying not only saves the leasing professional time, but saves the

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

Posted on 01. Oct, 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

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Preventing Renter Fraud – Background and Credit Checks are Not Foolproof – By Glen Garrity, Police Detective (Retired)

Posted on 01. Oct, 2014 by .

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In 2008, I was part of a group of Newport Beach PD detectives that arrested eight people in an identity theft ring. The criminals made fake credit cards (with real credit card numbers) and fake driver’s licenses to match.

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Minimum Wage Hikes Fuel Nationwide Rent Growth – By Sarah Bridge

Posted on 01. Oct, 2014 by .

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The logic goes that cities with expensive homes, high wage earners and a high standard of living would precipitate an increase in the minimum wage to keep pace with the average cost of living.  But might it also be true that a healthy increase in the minimum wage would

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Inspecting Rental Units to Combat Habitability Claims – By Eviction Attorney, Michael A. Brennan

Posted on 01. Oct, 2014 by .

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Any landlord who has done an eviction knows that tenants always claim the landlord breached the “warranty of habitability” as a defense to an eviction. In order to be successful, a tenant must prove

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Lawsuit Filed Opposing Increased Relocation Payments! – By Noni Richen, SPOSFI President

Posted on 01. Oct, 2014 by .

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 The Small Property Owners of San Francisco Institute joined local property owners in filing a lawsuit against the City and County of San Francisco. The lawsuit challenges a new ordinance that dramatically increases relocation payments that landlords must make to tenants who are lawfully evicted under the state’s Ellis Act.

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Property Management Tips For Mastering E-mail © – by Ernest F. Oriente, The Coach

Posted on 01. Oct, 2014 by .

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According to a recent survey by Matrix Information, three billion people around the globe have access to Internet-based services and E-mail.  In addition, this report expects electronic commerce to grow from $3.2 trillion in 2013 to $6.2 trillion by the year 2015.  Is your property management company ready for these exploding communication and

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Get Ready for Your Fall and Winter Maintenance – By Matt Kohl

Posted on 01. Oct, 2014 by .

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Arriving home one hectic day from work, all I wanted to do was nothing.  Instead, I arrived to find a little pond in my front yard that had not been there when I left that morning.  As you can imagine, I wasn’t very happy and

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Our Eviction Court System – the Wild, Wild West! – By Grayce Long, Attorney

Posted on 01. Oct, 2014 by .

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Over a year ago, I wrote an article about what changes were going to take place because the Los Angeles Superior Court system had implemented 60 million dollars in cutbacks and laid off over a quarter of the court employees since 2008.  I projected

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Letters to the Editor…

Posted on 01. Oct, 2014 by .

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Earthquake Liability Dear AOA: While it is a good idea to report court cases affecting landlords, the AOA article referencing the Paso Robles “earthquake liability” case is potentially misleading.  The case did not

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Acts of God: Who’s Liable? – by Lee Kanon Alpert, Attorney

Posted on 01. Oct, 2014 by .

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Webster’s dictionary defines “Act of God” as, “an extraordinary interruption by a natural cause (as a flood or earthquake) of the usual course of events that experience, prescience, or care cannot reasonably foresee or prevent.”

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Fed’s Zero Interest Rate Cost Savers a Trillion Dollars – by Gary D. Halbert

Posted on 01. Oct, 2014 by .

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 How Super-Low Interest Rates Punish Savers Get a group of adults together in a social setting and the conversation almost invariably gets

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ACA 6: New Attack on People’s Power – By Jon Coupal

Posted on 01. Oct, 2014 by .

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We certainly understand the hostility that professional politicians exhibit against citizens using the tools of direct democracy. The People’s right of initiative, referendum and recall are effective tools to control an indolent or corrupt legislature.

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Thoughts on Being a Successful Landlord and Making Your Rent Collections Easier – By the Rental Housing Journal

Posted on 01. Oct, 2014 by .

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Have you noticed that when you take time off from work, life goes on?  I have recently done just that and now that I am back in the saddle, I realize the challenges we were facing before are still present.  In fact, new challenges have developed in the interim.

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