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Archive for May, 2015

Some S.F. Supervisors Never Give Up On Promoting Bad Legislation – By Deborah Lopez, SPOSFI Business Member

Posted on 01. May, 2015 by .

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When it comes to punishing property owners and giving tenants more rights over property they rent but don’t own, no one tries harder than Supervisor David Campos. In fact, Mr. Campos has a habit of bringing back legally flawed legislation in new forms, hoping that something will stick. In each case, proposals he’s put forward, […]

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Student Loan Debt Affects Real Estate Investments in a Big Way – By Clifford A. Hockley

Posted on 01. May, 2015 by .

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Sally did everything right. She was accepted into her first choice college and received a first rate education to pursue her dream career. She filled out the student loan applications like everyone told her to; after all, she couldn’t afford the $90,000 degree without it. When she graduated, she started out entry level in her […]

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10 Ways to Get a Lease Renewal – By Class A Management

Posted on 01. May, 2015 by .

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The lease renewal is a coveted thing to a property owner or manager. Securing it with a loyal tenant is something we strive for, and rightfully so. After all, the price of attracting and retaining new tenants is exponentially more expensive than efforts needed to retain new ones.

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10 Tips to Effectively Market Your Rental on Craigslist – By Mannix Marketing

Posted on 01. May, 2015 by .

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It’s not very often that powerful marketing tools are offered to the masses for free.  Whether you are looking to sell a vehicle, real estate or furniture or offer cleaning or childcare services, Craigslist is an extremely valuable marketing platform that should be included in your digital marketing campaign.

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Things You Should Know About Your Plumbing (Myths, Legends and Advice) – By Bruce Davis

Posted on 01. May, 2015 by .

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Plumbing seems simple enough, but it can often be a mystery to the inexperienced consumer.  I’ve compiled a sort list of common myths, legends and sage advice.  Hopefully, they can assist you the next time you run into a plumbing problem or help you to avoid one altogether.

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Five Things Landlords Want from Vendors – By Teresa Billingsley

Posted on 01. May, 2015 by .

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Doing repairs on rental properties and interacting with tenants adds a whole new component to maintenance. Vendors who recognize the intricate skill and experience required to get the job done are an asset to rental property owners. If you master these five areas and consistently perform them well you will make yourself more marketable.

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Solar Water Heating Rebates Increased Even More! – By Ted Bavin

Posted on 01. May, 2015 by .

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The economics of solar water heating just got a huge shot in the arm!  While the payback for apartment systems was already a reasonable three to six years, rebate reservations were not moving fast enough for the California Energy Commission.  Therefore, they increased the rebate by 39% (29% for low income housing), effectively lowering the […]

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California Comeback or Continuing Crisis? – By Jon Coupal

Posted on 01. May, 2015 by .

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As the California Legislature reconvenes, Californians will hear two decidedly different messages from both politicians and political pundits about the “state of the state.”  Governor Brown will surely tout the “California comeback” and argue that the state is in much better fiscal health than just a couple of years ago.  On the other hand,

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IRS Changes for Capitalization Rates – By Robert Hall & Associates

Posted on 01. May, 2015 by .

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The tax code is ever-changing, and for all landlords, 2015 has proven to be one of the most difficult and downright thorny years to date. The IRS implemented Form 3115, Application for Change in Accounting Method, on January 1st, 2014, which sent property owners into a tailspin and the phones at every accounting firm ringing.

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Housing Inspectors Seek Legal Action Against Landlords! – By Emily Green

Posted on 01. May, 2015 by .

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Housing inspectors are seeking legal action against the owners of three apartment buildings in the Mission District [of San Francisco] for blocking fire escapes and having alarm systems that don’t work.

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It’s Here!

Posted on 01. May, 2015 by .

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The FREE “Million Dollar” Trade Show and Landlording Conference! Thursday, May 14th at the Long Beach Convention Center – Hall C  Mark your calendars for Thursday, May 14th 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 […]

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MRLANDLORD.COM Tips on Management 12 Ways to Collect Rent on Time – by Jeffrey Taylor

Posted on 01. May, 2015 by .

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Successful landlords use various strategies to collect rent on time. Here are 12 different strategies.

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Five Fundamentals for Property Managers and Landlords – By Will Johnson

Posted on 01. May, 2015 by .

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Interacting with the people who make our industry go is one of the most rewarding and interesting aspects of my job as Publisher of the Rental Housing Journal.  From the top executives at large management companies and apartment association leadership, to on-sites and leasing agents, to independent rental owners and industry suppliers, I’ve gleaned a […]

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Important Facts about Tenant Screening – By Jin Kim, Senior Account Director, Credit Checks

Posted on 01. May, 2015 by .

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Q:  How much can I legally charge a tenant as a screening fee?

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Letters to the Editor

Posted on 01. May, 2015 by .

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Dear AOA: I just want to get a note to Dan Faller about the article titled Overreaching Regulators are Squeezing Liberty Out of Existence” that he put in the October Tri-County edition. I really appreciate the author Richard W. Rahn’s content, and Dan’s editorial note that followed. It’s nice to know that somebody understands. The […]

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How to Get Two or Three Times More Rent and Much Better Tenants Without Section 8 – by Nick Sidoti, R.A.M.

Posted on 01. May, 2015 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.  […]

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How to Protect Your Property From a Prescriptive Easement – By Dale Alberstone, Esq.

Posted on 01. May, 2015 by .

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Prescriptive easements are once again front and center in the news.  On March 5, 2015 California Court of Appeal restated the principle that “constructive” knowledge by an owner of the neighbor’s use of his land is sufficient notice to create an easement by prescription even if the owner did not have “actual” knowledge of the […]

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Legal Q & A – by Dennis Block, Attorney

Posted on 01. May, 2015 by .

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Question One: I have a tenant who gave notice to leave in mid-March. I told her that our policy was to have her pay the entire month’s rent on March 1st. We would then prorate back the excess rent after she moved out. This is the way I’ve always handled mid-month move-outs. She refused and

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Something to Think About #32 – Harriet & Caleb – by Klarise Yahya, Commercial Loan Broker, BRE: 00957107 – MLO: 249261

Posted on 01. May, 2015 by .

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Investments can do different things, but no individual investment can do conflicting things. That’s because some desiderata are mutually exclusive. For example, we can’t maximize portfolio growth unless we borrow money to do it. And we can’t maximize safety if the apartment building is mortgaged. In countries where mortgages are unknown, foreclosures are equally unknown.

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Legal Q & A by Richard Beckman, Attorney

Posted on 01. May, 2015 by .

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Question 1:  I served a 60 day notice to my tenants in Richmond because I want to sell the property free of tenants. The notice expired, but the tenants say they are still looking for their new home. Should I go ahead with

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Landlords Are Getting Sued! – By Dennis Block, Eviction Attorney

Posted on 01. May, 2015 by .

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There is a disturbing trend where unscrupulous law firms are enlisting tenants to bring forth legal actions against landlords. These lawsuits are based on deficiencies with the buildings, which give rise to huge damage and attorney fee awards against owners and management companies.

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Legal Q & A Cigarette Smoke – by Franco Simone, Esq.

Posted on 01. May, 2015 by .

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Q:  I have a tenant who moved into his rental unit last month.  I included a provision in his lease that prohibits smoking in his unit. Now, his neighbors are complaining that cigarette smoke from his unit is seeping through their walls.  When I approached the tenant he told me that he has the right […]

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California Comeback or Continuing Crisis?

Posted on 01. May, 2015 by .

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As the California Legislature reconvenes, Californians will hear two decidedly different messages from both politicians and political pundits about the “state of the state.”  Governor Brown will surely tout the “California comeback” and argue that the state is in much better fiscal health than just a couple

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The Surging U.S. Dollar – Good for Some, Bad for Others – By Gary D. Halbert

Posted on 01. May, 2015 by .

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Wall Street JournalSurvey of 63 Economic Forecasters The WSJ just completed its March survey of over 60 economic forecasters, and the results were a bit disappointing.  The forecasters, on average, expect the surging U.S. dollar and global weakness elsewhere will keep the economy slightly below 3% growth for all of 2015.

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