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Archive for August, 2015

Who Pays Income Taxes in America and Who Doesn’t and Interest Rates Rising? – By Gary Halbert

Posted on 01. Aug, 2015 by .

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April 15 came and went and most of Americans who owed taxes dutifully paid them. Today, I thought we would look at the latest data showing who pays income taxes and who doesn’t. The numbers from 2014 may surprise you.

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Take Our Jobs, Please – By Jon Coupal

Posted on 01. Aug, 2015 by .

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There’s a joke about public sector union bosses making the rounds in Sacramento lately: What happens when the California Legislature hands over a blank check to the California Teachers Association (CTA)? It’s returned the next day marked “insufficient.”

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Stop the Trash Monopoly! – By David Hernandez

Posted on 01. Aug, 2015 by .

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The Issue: The Los Angeles City Council and Mayor have passed Ordinance number 182986 titled Citywide Exclusive Franchise System for the Municipal Solid Waste Collection and Handling Program. The Ordinance became effective on May 28, 2014.

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Three-Day Notice to Pay Rent or Quit – “Five Common Mistakes” Landlords Make – By The Law Offices of Harris, Rosales & Harris

Posted on 01. Aug, 2015 by .

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As a landlord, you have to serve legal notices to enforce the terms and conditions of the lease. Below is a list of the five common mistakes when serving a Three-Day Notice to Pay Rent or Quit:

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“It’s Closing Time!” How to Lease More Apartments – By Cathy Macaione

Posted on 01. Aug, 2015 by .

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Have you met your goals for the first quarter of the year? Or has traffic come to a screeching halt? Perhaps you are worried about how you are going to secure more leases. Or maybe you have so much competition that your team and your community is getting lost.

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Legal Q & A – By Richard Beckman, Attorney

Posted on 01. Aug, 2015 by .

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Question 1: I have a tenant who moved in August 2014.The lease is for one year. He has now violated the lease three times. First time, I witnessed and spoke to him about installing a curtain rod when the lease clearly says it is not allowed. Second violation was that he was seen with a […]

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The Top 5 Mistakes Self-Managing Landlords Make – By Shawnee Ament

Posted on 01. Aug, 2015 by .

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Keeping Poor Files on Your Tenants              “If you don’t start paying your rent on time, I’m gonna…”

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What to Do When a Tenant Sues You in Small Claims Court – By Grayce Long, Attorney

Posted on 01. Aug, 2015 by .

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Have you ever been sued by your tenant because you did not return their entire security deposit?  Has your tenant ever left your building and destroyed your unit?  If the answer is yes to either of these questions, then it would be beneficial for you to learn more about small claims and the process.

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There is Never a Time for Rent Control in Southern CA – By Richard S. Davis

Posted on 01. Aug, 2015 by .

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While economists may quibble about the effects of minimum-wage hikes, there’s no such debate about rent control’s adverse effects.

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The Ultimate Leasing Tool – Fair Housing – By Rick Ellis, CPM

Posted on 01. Aug, 2015 by .

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Looking to rev up your leasing efforts?  Here is a hot tip – practice Fair Housing!  What?  Practice Fair Housing?  You mean treat everyone the same regardless of race, color, creed, national origin, gender, family status or handicap?  Isn’t that a given?

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Legal Q & A – by Dennis Block, Attorney

Posted on 01. Aug, 2015 by .

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Question One: I am concerned with California’s urgent request for water rationing, where I might get fined for the acts of my tenants. My tenants do not pay for water and therefore there is no incentive to conserve. What steps should I take?

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11 Ways to Determine Rent for an Upcoming Vacancy – By Jeffrey E. Taylor

Posted on 01. Aug, 2015 by .

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     If the vacating tenant has been a long-term tenant, and you had a good relationship, simply ask him. I bet over the years he’s followed the neighborhood and knows from friends and fellow renters. He can tell you if he thinks you should charge more or less. Feedback from your vacating residents should be […]

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What Can You Do to Improve Apartment Security? – By Cliff Hockley President, and Heather Hill

Posted on 01. Aug, 2015 by .

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Property security is an aspect of property management operations often overlooked and not budgeted for.   Properties typically need security for: transient removal, trespassing, illegal dumping, vandalism, theft, alarm response, illegal camping, and criminal issues on site (like drug dealing for example). Property owners and managers can choose to implement a variety of strategies to improve […]

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10 Things to Be Sure to Do When You Evict – By Robert L. Cain

Posted on 01. Aug, 2015 by .

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No landlord likes to evict a tenant even if he or she has had enough and the tenant deserves to be evicted. It is a lot of trouble and takes a lot of time and energy, not to mention lost rent and court filing fees. But when you do evict, make sure to do it […]

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Five Simple Ways to Increase Your Wealth Today

Posted on 01. Aug, 2015 by .

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If you don’t do this, you will likely never, ever be wealthy.  You will work until your health collapses and be dependent on the whims of Washington bureaucrats.  Quite possibly, you’ll die broke.

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Update of Discrimination Laws, Easements and Resident Managers Laws – By Dale Alberstone, Esq.

Posted on 01. Aug, 2015 by .

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Hello everybody.  Recent changes to our laws pertaining to discrimination, easements and resident managers will impact all owners of apartment buildings and management companies.  My column this month addresses those changes in a cursory fashion, but will alert readers to the problem areas so that they may seek specific legal advice should they feel the […]

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There is Never a Time for Rent Control in Northern California – By Richard S. Davis

Posted on 01. Aug, 2015 by .

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While economists may quibble about the effects of minimum-wage hikes, there’s no such debate about rent control’s adverse effects.

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Something to Think About # 35 – A Measure of Value – By Klarise Yahya, Commercial Loan Broker – BRE: 00957107, MLO: 249261

Posted on 01. Aug, 2015 by .

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There is both empirical and supporting statistical data indicating that interest rates might stay relatively low over the next ten years. There will be an overall uptrend (with fluctuations), but interest rates a decade from now are projected to be less than the average since 1956. We’ll first discuss the data and then use what […]

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Legal Q & A San Diego Water Conservation – By Franco Simone, Attorney

Posted on 01. Aug, 2015 by .

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How can I encourage my tenants to conserve water? One way to encourage your tenants to save water is to make them responsible for their water bill. If your tenants are on a month-to-month rental agreement and have a separate water meter, then you may issue a Thirty (30) Day Notice of Change in Terms […]

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Team Up for Better Tenant Service! – By Joyce Kirby Bica

Posted on 01. Aug, 2015 by .

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The importance of teamwork cannot be overstated or emphasized enough.  Yet sometimes, boundaries are so clearly drawn regarding the role or “job description: of each staff member, that those who desire to “go the extra mile” are forced to remain at the starting line and watch prospects and residents “fall through the cracks.

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How Revenue Management Systems Make Leasing and Renewals Easier – By Tim Blackwell

Posted on 01. Aug, 2015 by .

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With rising rent rates in the apartment market, property managers are looking for the best way to maximize revenues. A revenue management system potentially could be the answer.

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“It’s Time to Service Your Apartment Systems!” – By Lori Hammond

Posted on 01. Aug, 2015 by .

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Unit inspections are often viewed by residents as an intrusion into the privacy of their home.  Could this annual, semi annual or quarterly event be viewed as an apartment service appointment? 

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Service and Emotional Support Animals – a Landlord’s Nightmare – By Bruce Kahn

Posted on 01. Aug, 2015 by .

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I often say that someday landlords will have to accept giraffes in their no pet buildings.  While it may sound ludicrous, more and more tenants are showing up at properties, leasing units and showing up after the fact with a plethora of different animals, all of which are considered service animals or emotional support animals.

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Quarterly Inspections Can Save a Landlord Thousands of Dollars – By Chad Pierce

Posted on 01. Aug, 2015 by .

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Your investment property is yours, not the tenants. To keep your tenants in line and show them that you are a diligent owner, you must make quarterly inspections.

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